Myrick Myrick posted an update 4 months, 2 weeks ago
Originally envisaged as a satellite town of Bangalore city, Yelahanka is amongst the most sought after destinations in North Bangalore the real deal estate investors today. The suburb has gained phenomenal momentum after The Bangalore International Airport (BIAL) in Devanahalli had become.
Included in the Bruhat Bangalore Mahanagara Palika (BBMP), Yelahanka is definitely 19 kilometers through the BIAL and 14 kilometers from downtown Bangalore. The region has seen significant rise in infrastructure during the past five-years.
Yelahanka has been in the radar of house buyers since some time now. The area’s proximity to some quantity of technology parks, housing a number of the biggest MNCs that operate from the city, is a major reason for professionals choosing this locality to get their homes. Yelahanka is quite near Hebbal, that has some really good institutions, and also hospitals and malls. However, property in Hebbal is far too expensive for mid-level buyers. Hence Yelahanka is a better option for them. The location is also adequately attached to the greater city via road and rail. The planned peripheral ring road (PRR) is predicted to work in preference of the areas in Yelahanka too.
To tap the possibilities of this region, a number of real estate property developers are offering to you residential apartments in Yelahanka, Bangalore. However, property prices in this area have experienced a consistent appreciation of 8-10% in latter years. Hence, folks are buying property within the Yelahanka-Devanahalli stretch for long-term investment purpose too, as prices are anticipated to appreciate even more soon.
On analyzing the existing prevalent market rates towards the property rates consumers are ready to pay; micro markets of Electronic City and Yelahanka are nearest buyer’s pricing expectations.
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