Doddaballapur is
located just 30 km from Bangalore. There was nothing special about this
locality until recent times, today this locality is witnessing a complete
transformation, thanks to the ever-increasing demand for properties in and
around Bangalore and to IT corridors. With prices having skyrocketed in
Bangalore’s posh residential areas, demand for plots in Doddaballapur Road has significantly increased as well. Doddaballapur
Road has certain key advantages that are making it stand out in the real estate
market:
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| Courtesy: net |
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Ample Plots: Hoping to find a free plot
inside Bangalore’s city area is a waste of time. Especially in the localities
which are considered good residential areas, it is almost impossible to buy
plots. But Doddaballapur Road,
situated on the outskirts of the city, has plenty to offer investors. The
availability of a large number of plots has allowed both investors and property
developers to spend big.
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Low Property Prices: While Bangalore’s
main city area has witnessed ridiculously high property rates, Doddaballapur
Road plots are quite affordable.
Bangalore’s mid-segment investor community has experienced plenty of negatives
in recent years thanks to the city’s high property prices. But Doddabalapur
plots have given mid-segment investors renewed hope of establishing good
properties near Bangalore.
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Best for Independent Houses: While a lot
of apartment projects are cropping up on Doddaballapur Road, a lot of people
seem to be interested in investing in plots to set up independent houses and
villas. Residential areas within Bangalore hardly have any space left for
expansive properties, which makes Doddaballapur Road the ideal place for villas
and similar kinds of properties.
·
Social Infrastructure: Development in
Doddaballapur has mostly come in the last decade or so. Ever since Bangalore
itself started becoming crowded, people have ventured to the outskirts to find
affordable properties. Doddaballapur enjoys decent social infrastructure, which
is absolutely necessary for a residential area to thrive. The area boasts of
multiple educational institutions, good medical facilities and hospitals that
are close to the residential area and gives a boost to the demand.
All in all,
Doddaballapur has emerged as quite a happening real estate destination. A decade down the line, the locality will
easily be able to attract investors from all across the country. You should
invest now if you want great rewards in the future.
