A Short Study on Thanisandra Real Estate Market

People looking for investment in Bangalore; know that it is on the list of everyone wanting to buy a supreme house. While the city has something for every income group, the northern region of the city is renowned as a posh locality. It has been serving the need of luxury segment home seekers since a long time.

North Bangalore has been on a property rise since a long time. The reason for this is the locality and great connectivity to the airport. There are multiple other reasons, which are maintaining the buyers interest in the area, they are:

• Large commercial development

The area has seen a huge demand for commercial spaces from the investors. The significant factors contributing to this are the closeness to the airport, development in road projects plus forthcoming hospitality and residential developments.

• Multiple property options

An investor or end user can choose from a variety of options from residential apartments, independent houses, and lands. They are offered at a different price ranges, based on varying locations.

• Easy commutation

Travelling from Nelamangala area has been widely lowered through the (ORR) Outer Ring Road plus NH 207, which will make the commute easier to Devanahalli. The plans to look after the expected high speed rail connectivity with the International Airport.

• Infrastructure development
  

Kempegowda International Airport has nearly 600 acres saved for landside growth. In addition, The (KIADB) Karnataka Industrial Areas Development Board is growing Devanahalli Industrial Area in 3,000 acres, which would comprise of Hardware Park, an Aerospace Park, and IT Park near the airport

According to Insite, a quarterly real estate report by 99acres.com, Thanisandra has been showing a constant rise of 2% on the capital appreciation since the last quarters of the year 2014. This can be attributed to the prime location, connectivity facility and high infrastructure development.

To take advantage of this, a number of renowned developers have launched their new projects in this area. Some of them are:

• Asset Builders
  

The prime builder group of Bangalore, Asset Builders has recently announced the launch of their new project Asset Northern Star. Based in the strategic location of Thanisandra, they are offering one to four BHK apartments of 650 to 1500 sq. ft. area in the price range of Rs. 27.29 to 62.99 Lac. Amenities they are offering such as fountain, landscape garden, lift, car parking, etc. are designed to add a luxury touch to the project. Along with that, they are designed according to the latest realty standards of the global market.

The low price range plus modern amenities is the main reason behind growth of sale in this project.

• Bhartiya Group
  

Bhartiya City Nikoo Homes Phase 2, the latest residential project developed by the premium Bhartiya Group. This spacious project offers very well designed studio apartments, 1 BHK, 2BHK, 3BHK and 4BHK residential apartments and row houses. The project is well stocked with all the amenities to enable the needs of the residents. The project is equipped with ultra-modern facilities and amenities including clubhouse, shopping center, sports facility, kids play area. Swimming pool, gym, landscape, open space, intercom, power back up, property staff, 24-hour water supply, meditation center, lift and many more.

Considering the growth in demand among property seekers and investors alike, Thanisandra gains advantage over other localities of North Bangalore. Now would be a great time to make an investment here. Make sure you gather all information about the developers, project etc. before you put money in the place. Try and go with a renowned developer.

About Author:
Tripti writes on the behalf of 99acres.com. Her articles talk about new developments in the real estate industry. She is an avid fiction reader, craftsman and a keen observer. Being someone who just observes without having a point of view, she keeps herself updated in real time. You can reach her on G+