Key thoughts:
The requirement for apartment buildings in Bengaluru has increased significantly, especially in the city's outskirts, where the most growth is occurring. Sarjapur Road is one such area that is experiencing a real estate boom. Since it is one of the city's main thoroughfares, there is a huge market for residential spaces.
If you are seeking a tenant, your property is close to many IT firms and offices in and around Sarjapur Road, so 2 BHK and 3 BHK Residential residences are in high demand. If you're looking to invest, keep in mind that the area is constantly expanding, and costs will inevitably increase in the coming years.
Builders are developing a variety of residential projects in Sarjapur. They are aware that capability in the city's core part is decreasing, and that many nearby areas have already begun to fill up and become packed. They also need a new location to keep people safe, happy, and at ease. As a result, Sarjapur Road is becoming the new center for apartments and villas.
It's time to invest in the properties that have been purchased here, with Sarjapur Road being among the most looked at real estate locations. Employees who work for both IT corporations and big businesses can choose between varieties of housing options.
This zone has a wide range of property options for all budgets. Another reason for the increase in demand is the reasonable property rates. Puravankara, Sekhar Constructions, Sobha Limited, Salarpuria Group, and Prestige Group are some of the leading developers in the area.
The area has a large demand for housing apartment buildings, and the development of the metro line, as well as many other infrastructure projects, is expected to result in a significant increase in property rates. Property demand in this area is expected to continue to increase, making it a better investment location.
Considering the area's future growth potential, purchasing your dream home in this part of Bengaluru could be a wise decision. The main USPs is connectivity, as well as access to social infrastructure and competitive prices. The need for apartment buildings in Sarjapur Road has increased as a result of the advantages of connectivity that it provides to its residents.
“So when you buy a villa or an apartment on Sarjapur Road, you're not only obtaining a dream home, but also a wide range of services and facilities.”
Is Sarjapur Road Future of Bangalore Real Estate?
Sarjapur is a locality in Bangalore, Karnataka, and is a hobli in the Anekal taluk of Bangalore's Urban district, and it is situated in the city's south-east part. It is one of Anekal taluk's industrial zones, along with Attibele, Bommasandra, Chandapura, Electronic City, and Jigani. Sarjapura is a rapidly growing neighborhood in Bangalore.
Sarjapur has become a well-developed residential node in Bangalore and is prominent among IT professionals due to its close proximity to IT parks and workspaces. Furthermore, civic amenities such as hospitals, schools, and shopping centers are close to.
Buying a residence in Bangalore now has compelling reasons: the rise of a booming industrial sector, which has put real estate in a place where it is no longer, has many options but to develop and expand. It implies that people who have never bought a home in Bangalore are thinking about buying apartments in Sarjapur Road, particularly for investment purposes.
Is Sarjapur Road Future of Bangalore Real Estate? The answer is yes. Sarjapur Road is witnessing a real estate boom, with growing demand for residential spaces. This is one of the city's major thoroughfares, passing through emerging areas such as Whitefield, Koramangala, Electronic City, and many others.
The number of households constructed and the number of neighborhoods that reside in and around Sarjapur Road is the key reasons for this. This stated that demand for the property had improved significantly, and as a result, the value of the property price had increased as well.
If you're looking for a home exclusively for investment purposes or to relocate closer to your workplace, the property costs in this area are affordable. Sarjapur Road is among the city's wealthier residential areas. Despite the fact that the city is primarily industrial, it is expanding its commercial space.
Sarjapur Road is a moreover prominent selling location, with a growing trend in the real estate market. The strong growth for apartments on Sarjapur Road can be attributed to an expanding way of a living community. Sarjapur Road is equipped with shopping opportunities as well as a variety of businesses.
Sarjapur Road's real estate market has increased as a consequence of the benefits of accessibility that it provides to its inhabitants. Sarjapur Road runs parallel to the Outer Ring Road in southeastern Bangalore. All of the city's directions are more easily accessible.
The main hubs of Koramangala, Whitefield, Marathahalli, and Electronic City are all within 15-20 kilometers of one another and are very well connected through good roads and transportation. The villas on Sarjapur Road are perfect for large investments because they are easily accessible to key locations.
The Kempegowda International Airport is around 50 kilometers away and can be reached through the Outer Ring Road and the Hyderabad-Bangalore Highway. The Carmelaram railway station, which is just a km far, is the closest station.
The 116-kilometer Peripheral Ring Road, which will connect Tumkur and Hosur roads through Bellary and Sarjapur roads, has been endorsed by the Bangalore Development Authority. Residents of Sarjapur Road will benefit greatly from this road because they will be able to conveniently commute to the north and east of Bangalore.
Another important factor that draws people, particularly families, to a particular location is an educational institution. Sarjapur satisfies this desire by offering a range of international schools where children can receive a high-quality education. Indus International School, Greenwood High School, Harvest International School, Silver Oaks International School, and other schools on Sarjapur Road provide an excellent education.
Sarjapur Road is equipped with essential amenities and also a range of business organizations. Haralur Road, Kasavanahalli, Somapura, and Hosahalli are small villages near Sarjapur Road that are flourishing. On Sarjapur Road, they are being built with residences that include duplex villas, flats, and new apartments for sale.
Sarjapur Road is among Bangalore's most developed areas, and because of its excellent connectivity to the city's IT clusters of Marathalli, Koramangala, Whitefield, and Electronic City, it is considered as one of the city's fastest-growing neighborhoods, particularly among the IT community.
Infosys is constructing around 202-acre IT SEZ in Sarjapur. Thousands of people from the campus will be able to find work as a result of this. The availability of water and electricity will also rise as a result of Infosys' footprint. In the IT sector, one direct job probably produces four indirect jobs.
Wipro, HP, Accenture, Cisco, KPMG, and other well-known IT firms have offices in Sarjapur. With the number of companies and entrepreneurs growing at an exponential rate and many more on the way, career opportunities are growing, attracting a rising number of professionals to the area.
If you are seeking for a tenant, your property is close to many IT firms and offices in and around Sarjapur Road, so 2 BHK and 3 BHK Residential residences are in high demand. If you're looking to invest, keep in mind that the area is constantly expanding, and costs will inevitably increase in the coming years.
Which Builder To Choose In Bangalore?
It has been the rising trend today where people have been in look out for spaces whether in commercial or residential which give them an assurance to provide them simply the best. The builders today also are conceptualising and delivering outstanding projects regularly.
Bangalore, the progressive and the smart city of India which is also a preferred destination for the global IT companies, including domestic start-ups, because of which the city is experiencing major population influx from across the country, is also witnessing major commercial and residential real estate development. In both the domains one can witness the tremendous facelift the cosmopolis has undergone with increasing demand in properties and the city is mushrooming continually with developments at a very fast pace.
The builders in Bangalore are very much keeping up with the trend and customer requirements to innovate and develop properties in both commercial and residential domains packaged with very modish features, decked with extensive amenities and facilities, topped with affordability, right locations, deliver projects as promised and within deadlines. The top-notch builders in Bangalore leave no stone unturned to launch and deliver some excellent projects as per the demands. Some of the key builders of Bangalore, who are credible and favoured amongst the people here, with their brief profiles are enlisted below:-
Prestige Group: Prestige Group, established in 1986 and since over a decade now, has become one of the most prominent and credible real estate developers with some of the excellent projects delivered in Bangalore and South India. The group is the one and only developer in South India, with widely diverse portfolio covering the residential, commercial, retail, leisure and hospitality segments. Having completed 247 projects covering over 134 million sq. ft., currently the company has 45 ongoing projects spanning 52 million sq. ft. and 57 mn. sq. ft. of upcoming projects of world-class real estate space across asset classes.
With all its profound expertise in real estate domain, innovative techniques and broad experience gained over a span of decades, coupled with delivering simply the best with a team of extremely skilled professionals, whether it is the architecture, the amenities, the state of the art technology, the aesthetics, Prestige Group makes a benchmark in all the projects it undertakes. Prestige Group offers each city an unsurpassed experience with landmark malls, large townships, tech parks, hotels, luxury villas, and SEZs. The company has pioneered many landmark developments and introduced many firsts to South India. Prestige Group has also won a plethora of international and national awards over the last few years, across categories. Prestige Group with all the accomplishments and consistent quality delivery over decades, has become one of the most favoured developers today.
Sobha Limited: Sobha Limited ventured in real estate industry in the year 1995, with its headquarters in Bangalore. Sobha has gained prominence in the real estate sector as being one of the most credible brand and in 2006 it went public through its initial public offering. Its key forte being residential and contractual projects, offering all kinds of spectacular homes decked with world-class amenities in the residential arena and wide variety of commercial structures constitute the contractual projects.
The company has always strived for benchmark quality, customer centric approach, robust engineering, in-house research, uncompromising business ethics, timeless values and transparency in all spheres of business conduct with skilled and efficient workforce, making it a preferred real estate brand in India.
Godrej Properties: Godrej Properties is the real estate wing of the prominent Godrej Group which was established way back in 1897, known for varied business portfolio that includes real estate development, fast moving consumer goods, advanced engineering, home appliances, furniture, security, and agri-care. Godrej Properties incorporates the group's philosophy of innovation, sustainability, and excellence to the real estate industry. Each Godrej Properties development combines a 123–year legacy of excellence and trust with a commitment to cutting-edge design and technology. It is involved in developing sizable and outstanding projects in commercial and residential domains. Godrej Properties has delivered many firsts in the Indian real estate market over the years.
In recent years, Godrej Properties has received over 250 awards and recognitions. In 2010, Godrej Properties became a publicly listed company through a successful IPO in which it raised USD 100 million. It is also recognised for nurturing and appreciating and its people and practices.
Brigade Group: Established in 1986, the real estate developer, Brigade Group, has become one of the professional, and a leading developer in diverse multi-domain portfolio in property development, property management services, hospitality and education. Brigade Group has been developing projects across South India.
With many prominent structures developed to its credit, constantly evolving with the use of state of the art technologies, partnership with top architects, master planners, contractors, suppliers, consultants in the industry, team of professionals working for the group, adherence to the much required quality standards and processes, Brigade Group has earned many awards and accolades, for delivering top notch products.
With these reputed builders of Bangalore, who have a brilliant record of delivering relentlessly the best in both commercial and residential domains, the cautious investors can definitely explore their projects as per their requirements.
Introduction: Real estate industry has been an important segment where people have been investing for returns and / or for self use. When investment in real estate is thought about, one should bear in mind the purpose of investing. The appetite for that incredible homes with exhaustive amenities, facilities and features, open spaces in the residential segment and cutting edge, fine architecture with exclusive features in commercial segment, in established and fast developing localities, yet affordable are favoured by many and people are willing to invest for these purposes.
Is It Wise To Invest In Upcoming Project?
Investment in real estate projects whether in commercial or residential domain is still an important investment instrument for many, specially for long term - however, residential developments are mostly a preference amongst many. People invest mostly in real estate projects for self use in the long run, might or might not sell it later at much profit as per requirements and circumstances, for investment purposes and sell it at a higher price whenever feasible or to let-out for rental income and subsequently sell it off or use it.
Real estate market has been a lucrative industry since quite sometime now and it has been a trend that people are buying properties both in commercial and residential domains. Newer the project better are the chances of getting extremely contemporary developments with everything being packaged with what the customers are preferring today and with smarter and technically extremely advanced in all aspects.
Upcoming projects bring in a lot of newness and innovation to the properties, because of which it is better to invest in those. But, not without caution! One has to factor various aspects before deciding to go ahead and invest. Prime reasons for consideration are:-
1) Demand: One has to study the market as to how much there is a demand currently for real estate and if people are really investing. It has also to be considered if the property will appreciate enough in the future so that it can yield profit in case of resale.
2) Builder: It is important to ensure that the investor chooses the builders who are renowned, have a credible reputation in the market and who have delivered stellar projects in the past and within the set deadline.
3) Location: The location of the upcoming project also make a huge difference. Projects in established and fast developing localities which are visibly undergoing phenomenal development at a rapid pace are worth considering as these will appreciate.
4) Reason: The investor will have to factor the reason for which one wants to invest in the upcoming project. If it is for self use, one generally goes for the best project with exclusive features and amenities. If it is for investment purposes and to let out, one can still compromise and go for basic project or smaller ones as per the reasons ascertained.
Once the prime reasons are considered, the discerning investors can choose to invariably invest in the upcoming projects.
