Bannerghatta Road Riding the Realty Growth Bandwagon

Named after the popular Bannerghatta National Park, Bannerghatta Road has witnessed excellent real estate growth. With the onset of a number of IT companies in Bannerghatta Road, it has become a realty hotspot with surging demands, mainly from the IT professionals. The developers have invested huge amounts in this locality and lured the investors belonging to the middle income group. The area has already seen some skyrocketing apartments. Access to the important location of the city, uncongested areas, shopping complexes and healthcare centers have added to the soaring values of the real estate in the area. Bannerghatta Road offers some prominent housing complexes and best value of money for both buyers and sellers. Take a look at some of those new launches.

• Pride Rolling Hills
  

Pride Group unveils Pride Rolling Hills, a premium residential in Bannerghatta Road, Bangalore South. The project offers big sized plots. These plots are available in the area range of 1200 - 1500 Sq. Ft. and have a price bracket of Rs. 15 Lakh - 18.75 Lakh. Pride Rolling Hills project is spread across 40 acres, and offers the best of location advantages.

• Sumukha Maple Grove
  

Assuring great location advantages and prices within reach of the young homebuyers, Sumukha Maple Grove tops the chart of the homebuyer’s preference in the region. Sprawled across 1 acre and offering 51 residential units, Sumukha Maple Grove is worth investing in. The project brings in 2 – 4 BHK apartments available at the starting prices of Rs. 51 lakh. A quality project by Sumukha Constructions, Sumukha Maple Grove brings in homes available in the size range of 1140 - 1940 sq. ft. Possession is available in December 2015.

• Purva The Sound of Water
  

Purva The Sound of Water is an ultramodern residential property being developed by the reputed builder Purvankara Group. Constructed with the modern technologies, the project is all set to stir the realty segment of Bannerghatta Road. Invest in these 3 and 4 BHK spacious villas at The Sound of Water. The project is spread across 19.5 acres and offers villas in an area range of 3009 - 4723 Sq. Ft. Possession of these 207 homes is due in May 2017.

Expert Speaks

Farook Mahmood, Founder, National Association Realtors India, suggests that Bannerghatta road is dominated by IT companies and BPOs, making it a most sought after locality in terms of residential and commercial properties. Considering the residential segment, there is a huge demand for apartments, particularly 2 and 3 BHK, as well as land.

The Takeaway

Bannerghatta Road has always proved to be a safe bet for the buyer. With the improving infrastructure and better connectivity with the rest of the city, this locality is expected to witness more and more demands for properties. The market analysts believe that the upcoming metro connectivity will certainly lead to the booming capital values. Bannerghatta Road Metro Station is an integral part of North-South Corridor New Line, which will be connecting MG Road and Trinity Circle to important commercial locations of the city. With the metro getting operational, a hike of 20% in property prices is expected.

Author Bio: Rashmi Karan is a professional writer who writes about the realty industry of India and focuses on offering location-specific information of the cities. She also offer solutions for the real estate related queries.