Begur Road in Bangalore is a rapidly growing property destination that caters to the need home buyers in all ranges – from affordable flats in Bengur Road to high range apartments. It is a top destination for the IT crowd due to its strategic location. It is just 7 km away from the Electronic city, and most of the IT companies like Infosys, Siemens, and Wipro are found in close vicinity. The area has seen rapid development in the high end along with mid-segment properties due to its proximity to the IT parks but still away from the hustle and bustle of the crowded city.

Image Courtesy: Net

A great place to invest

In the recent years Begur Road has witnessed a massive jump in the real estate prices, almost 21 % rise. The most important factor that differentiates Bengur Road from the other areas is that it is tactically located when compared to the other emerging markets. This area in sub-urban Bangalore offers affordable luxury house segment making it a top choice for the home buyers who wants all the luxury. The investors are benefitting as the prices are soaring high. Most of the upcoming projects are gated communities along with meticulously designed apartments that fulfill the housing needs of the home buyers. Some of the premium projects are Royal Meridian, Aratt Homes, and Radiant Redwood Luxury Apartment Complex. These projects are targeted by the Government officials and people of IT sector due to its easy connectivity to Central Bangalore. The community lifestyle of the different projects is what attracts the buyers and the demand is going high making it an ideal place for investment.

What is driving the demand?

The driving forces which are responsible for the property price hikes in Begur Road are:

• Strategic Location: The economic corridors are at a very convenient distance. Its close proximity to Electronic City along with Sarjapur Road makes it the best place for the IT professionals to reside. The proximity is responsible for rise in demand of rental houses.

• Connectivity: Well connectivity to the Bangalore –Hosur Highway, NICE Corridor and Bommanahalli Junction and the center of the city makes it a lucrative destination.

• Infrastructure: The area is well equipped with all the amenities needed for a modern life style. Best schools, malls, hospitals, banks everything is at stone throw distance.

Investing in a Bengur Road Flat is sure to give you a great return and you can expect the best with the ongoing trend.

Courtesy: net

• Low Price Point: The most important advantage that KR Puram holds over other residential areas is that decent properties are being offered here at extremely low prices. Of course, there are a lot of top-notch flats in KR Puram for sale as well, but the suburb acts as a good residential market for mid-segment buyers who cannot afford to spend exorbitant amounts of money for their residence.

• Nearby IT Zones: The information technology boom of the ‘90s is still playing a huge part in influencing real estate in Bangalore. Two very important IT areas of Bangalore, Whitefield and Maratahalli, are located close to KR Puram, and are very easy to access from this suburb. As a result, KR Puram has been a popular base amongst a lot of IT professionals who wanted to capitalize on KR Puram flats sale in order to stay close to their workplaces.

• Strategic Location: For people who have to travel frequently, there couldn’t be a more appropriate location than KR Puram. The new international airport is situated at approximately 40 km from KR Puram, while the railway station is under 15 km. There is a local railway station as well. Important roads such as the Outer Ring Road, National Highway 4 and State Highway 35 also pass through the area. Such an intelligent network of roads and railways has persuaded many people to invest in KR Puram properties.

• Future: KR Puram’s future looks quite steady as well. On top of the current conveniences, the Bangalore Metro Railways will soon have its presence in this area as well. This will certainly push property prices in this region higher, which is why you should invest and find an apartment for yourself in KR Puram, today!

Courtesy: net

Image Courtesy: Net

Courtesy: net

Image Source: Net

Courtesy: Net

• When moving into a new home, if the last month’s rent also needs to be paid in advance, then a prior arrangement needs to be made. The same can be paid over a period such that the impact is not felt at one go.
• Before choosing a home, one must ensure that the down payment money is there. Further, there should be enough to cover any kind of emergency repairs which is usually a case when buying an old property or even taking on rent.
• When buying a property, it is common to check basic things like water and electricity availability round the clock. One also has to check the travel time to office as well as the available transport facilities to and fro. Besides, good schools, a hospital and a super market will suffice the need. Nowadays all the premises have security guard and good parking space too.
• The flat maybe a 1, 2 or a 3BHK, but everything depends on the floor space management. Thus, one must choose and make prior planning for things that shall be moved into the new place and ones that need to be discarded.