Cramer Salas posted an update 1 month, 3 weeks ago
Originally envisaged as being a satellite town of Bangalore city, Yelahanka is one of the most preferred destinations in North Bangalore are the real deal estate investors today. The suburb has gained phenomenal momentum following your Bangalore Airport terminal (BIAL) in Devanahalli has been around since.
Included in 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 development in infrastructure before 5yrs.
Yelahanka has been doing radar of real estate buyers since some time now. The area’s proximity to a quantity of technology parks, housing some of the biggest MNCs that operate from the city, is often a major reason for professionals choosing this locality to purchase their homes. Yelahanka is incredibly in close proximity to Hebbal, containing the right educational institutions, as well as hospitals and malls. However, real-estate in Hebbal is much not affordable for mid-level buyers. Hence Yelahanka is the perfect decision for them. The spot can also be well connected to the greater city via road and rail. The planned peripheral ring road (PRR) is anticipated to be effective in preference of the areas in Yelahanka too.
To tap the prospect of this region, numerous property developers are offering residential apartments in Yelahanka, Bangalore. However, property prices in this area have seen a regular appreciation of 8-10% in latter years. Hence, people are buying property inside the Yelahanka-Devanahalli stretch for long-term investment purpose too, as cost is expected to appreciate much more soon.
On analyzing the actual prevalent market rates to the property rates rrndividuals are ready to pay; micro markets of Electronic City and Yelahanka are nearest to buyer’s pricing expectations.
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