Top 5 High Property Pricing Localities in Bangalore

Bangalore : The dreams of thousands of Bangalore citizens went up in to smoke and the dreams got fired. From past few months the property prices are hitting the roof. The Bangalore city of India is turning in to a new real estate IT Hub of Asia. The Information technology enabled services and Business process outsourcing are the driven markets of real estate in Bangalore. This also created the high-flying demand on Commercial as well as residential segments. This demand has given a great encouragement for small to big ones, to raise a various attractive and Luxurious projects all over the city.

As per the scenario, the most expensive real estate value is noted in few areas of Bangalore. Below are the most preferred destinations where the property trends are maximum.

Whitefield area:

Whitefield area is upgrading urban lifestyles and turning as a New Bangalore. This locality is described in terms of IT Hubs, Tech parks, Malls, Restaurants, Good physical infrastructural area and other performing arts from silicon city all over the world. The sudden boost was come from IT families. This area shaped itself from scratch by mirroring the aspirations. This is located at East Bangalore which neighborhoods areas like Brook Field, Varthur, Kadugodi and Hoodi. Due to the proposed infrastructure and demand it became as a permanent venue for live arts. This locality is connected with prime locations through Metros and buses. Due to the demand of this area there is a great impact on Sarjapur which is neighborhood areas of Whitefield. The rate of investment (ROI) is high in this vicinity.

Amenities:

(BWSSB) Bangalore Water Supply and Sewerage Board.

(BESCOM) Bangalore Electricity Supply Company.

Physical Infrastructure:

National High way 4 (NH-4)

Medical facilities:

Sathya Sai General Hospital, Vydehi Hospital, Mayo Heart Hospital, Whitefield Eye Hospital.

Institutions:

St. Thomas school, Whitefield Global School, Ryan International School, St, Joseph Convent School, The Deens Academy Schools.

Property Price trends:

Highest area prices:  Rs 5318 per square feet

Average area Prices: Rs 5021 per square feet

Lowest area Prices: Rs 4724 per square feet