Why the property Buyers are Moving towards East Bangalore

Bangalore: The IT Hub of India, Bangalore is recognized throughout the world as the city is home for several top MNC’S. On the other hand, the Indian real estate market might look tedious with irrespective schemes but Bangalore city is hoping to embrace 100,000 more IT man power yearly. As it is a favorite investor’s destination, the Exposure city is experiencing a high demand from property Buyers and investors particularly in the East zone of Bangalore. Today Sarjapur Road, Whitefield, ORR and Old Madras Road are the most lucrative residential destinations for property buyers.

 Let’s have a look why the property buyers are moving towards East Bangalore and what has been making the East Bangalore as the best option. There are multiple reasons to East Bangalore that makes it as the most sought after locality for property buyers.

Home to many IT Companies:

Proximity to Special Economic Zones and Neighborhoods of ORR, Marathalli, Whitefield, Sarjapur, Mahadevapura, Old Madras Road and HSR layout, East Bangalore houses many largest Tech parks, IT parks including a number of Multi National Companies and IT/ITES companies. Many IT professionals are looking towards East Bangalore to be close to their work places.

Affordable as a buzz word:

Even though it is a major micro market, East Bangalore is offering many residential apartments at affordable prices and catching the eye of property buyers. Most of the IT professionals are finding an apartment within their budget with lower unit sizes.

Connectivity:

The East zone localities have witnessed an exponential growth in the infrastructure aspect and it offers good connectivity to prime localities in the city.  The signal free ORR stretch from Silk Board to Hebbal linking Electronic city to Whitefield is one of the major attractions of East Bangalore. The property owners who are living in East Zone localities are experiencing a benefit of many flyovers, extensions and under passes. The elevated expressway and Electronic city Flyover cuts travel time and offers facility to move state boundary of the city from city centre within a minute drive.

Well developed Social Infrastructure:

A rapid development in social and physical infrastructure has created an attractive portion for East Bangalore.  Eastern part of the city houses reputed hospitals, large shopping Malls, Five star hotels and restaurants, Entertainment parks, educational institutions, component schools and many others. These extensive infrastructure developments are attracting many property buyers/investors and developers to design an extensive range of commercial and residential projects.

Exceptional Return on Investment:

Being as an IT destination, the residential properties in east Bangalore is offering an attractive appreciation value, especially on Old Madras Road. Because of its superb connectivity through elevated expressways, well developed designed social and physical infrastructure and proximity to IT parks, the area is ensuring a maximum rental return from a large number of working professionals.