What makes real estate investors invest in Kanakapura Road Bangalore

Kanakapura Road is among the fastest growing real estate markets in Bangalore. Once a quiet haven along a quaint road, it was home to several high-profile resorts. Today, it has grown to become a major real estate hub, while located significantly away from the hustle and bustle of the city.

Kanakapura Road is the National Highway 209 and is located between Basavanagudi and NICE Ring Road. A national highway is an important connector between two important cities, and hence sees a large volume of heavy vehicular traffic throughout the day. Thus, the real estate value of the land surrounding the road is always appreciating.

This is also well connected to the rest of Bangalore city via a network of roads and the metro. With at least 7 metro stations coming up in the vicinity, it will make for a faster commute to the heart of the city, even during peak traffic hours. This development is set to up the real estate price by at least 30%, according to research. Hence now is the best time to invest in properties in this micro-market.

Apart from the homes and residential projects, several other infrastructure projects are also on the fast rise. Several IT companies are opting to set up shop at Kanakapura Road, owing to the growth and development in the area. The lower real estate prices currently have also been a strong contributing factor for the growth of the IT ecosystem in the region. The IT hub of the city, Electronic City, is near Kanakapura Road, which is also a USP that drives the real estate here.

The area is replete with fast-growing residential real estate. With several amenities like apartments, educational institutions, restaurants, hospitals, etc located near, it is becoming increasingly popular for families to move into. Owing to these facilities, it has become a popular destination for both first time and second time home buyers. Many chose to buy a second home in this locality as an investment option, owing to the projection in the growth of this area.

These are only some of the reasons why real estate giants are opting to invest in Kanakapura road. With the steady growth in the population in the region, it seems like the real estate is also set to grow in a safe and secure environment, making it worth investing in.

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Created on Jan 18th 2019 05:51. Viewed 406 times.

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