Barr Salas posted an update 1 year ago
Originally envisaged being a satellite capital of scotland – Bangalore city, Yelahanka is among the most popular destinations in North Bangalore are the real deal estate investors today. The suburb has gained phenomenal momentum as soon as the Bangalore International Airport (BIAL) in Devanahalli came into existence.
A part of the Bruhat Bangalore Mahanagara Palika (BBMP), Yelahanka is merely 19 kilometers in the BIAL and 14 kilometers from downtown Bangalore. The spot has seen significant rise in infrastructure in the past 5 years.
Yelahanka has been doing radar of homeowners since a while. The area’s proximity to a variety of technology parks, housing a few of the biggest MNCs that operate from your city, is really a main reason for professionals choosing this locality to get their properties. Yelahanka is extremely close to Hebbal, which has some good universities, along with hospitals and malls. However, real-estate in Hebbal is way too expensive for mid-level buyers. Hence Yelahanka is a better choice for them. The location can also be adequately linked to the greater city via road and rail. The planned peripheral ring road (PRR) is anticipated to operate in preference of the areas in Yelahanka too.
To tap the odds of this region, a number of real estate developers are offering to you residential apartments in Yelahanka, Bangalore. However, property prices in this area have experienced a frequent appreciation of 8-10% in last two years. Hence, people are buying property in the Yelahanka-Devanahalli stretch for long-term investment purpose too, as price is expected to appreciate much more soon.
On analyzing the current prevalent market rates for the property rates individuals are willing to pay; micro markets of Electronic City and Yelahanka are closest to buyer’s pricing expectations.
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