East Bangalore — Ideal investment destinations
With several prominent real estate developers, multi-national companies and industries, East Bangalore has emerged as a well-established realty hub. Planned residential areas, townships along with excellent amenities have prompted many real estate developers to launch ambitious projects here. Connectivity to airport and highways has further boosted the development of the area. Let us see some of the ideal investment destinations in East Bangalore.
A premium locality in East Bangalore, Brookefield has emerged as one of the most sought-after destinations among homebuyers and builders in Bangalore. The area has seen a boom in residential construction after 2002. With extensive bus services offered by BMTC, Brookefield is well-connected to other parts of Bangalore. Property prices in these areas hover between Rs 4800 to 5650 per square feet.
Post the IT boom in Bangalore, demographics of Whitefield has changed drastically. Whitefield is the home of top IT firms and thanks to a couple of 4-lane roads connecting Whitefield with Bangalore, many property developers have come up with ambitious projects here. With Namma Metro covering the area in phase 2, capital values will further appreciate. The area is the home of several luxury apartments, condominiums, villas and row houses.
Sarjapur Road is one of the most affordable places in East Bangalore where property prices start from Rs 3000 per square feet. Proximity to IT clusters around Whitefield, Outer Ring Road, Electronic City, Marathahalli and Koramangala, makes Sarjapura Road an intelligent investment destination.
One of the most expensive localities of East Bangalore, Indiranagar is fast emerging as a promising realty hub. With Namma Metro Purple Line running through the area, it is well-connected with other areas of Bangalore. Regular buses of BMTC ply here, which makes Indiranagar one of the most sought-after realty destinations in East Bangalore.
Due to its proximity to Whitefield, Sarjapur Road and Electronic City Marathahalli has evolved as a self-sufficient township equipped with all the modern amenities. Prices in the area hover between Rs 3700 to 4600 per square feet.