Best 5 Residential areas to get a home in Bangalore

Best 5 Residential areas to get a home in Bangalore

By siliconindia   |   Friday, July 18, 2014   |    6 Comments

Looking to buy a home in Bangalore?

It is a daunting task because the Bangalore city has more than 20 to 25 residential areas where families can get a home. Right from starting to ending, Bangalore city has lots of options to own a house. The positive searching for a home investment in Bangalore is that there is something for every budget. The IT hubs and Information technology services has been attracting the home buyers over the years. To get the best returns from a property we have listed out a few locations in and around Bangalore, which offers affordable costs with the potential of giving higher returns on your investment.

5) Electronic city:

best area in bangaloreIn Bangalore, Electronic city is the excellent and prominent locality in south Bangalore with blend of world class infrastructural development. The price trends in this area have been witnessing the various ups and downs. This locale is very close up to Mahindra Satyam Company, this makes Electronic city as an epicenter of major IT companies in Bangalore. This area has many top companies like Infosys, Wipro, TCS, GE and many more…

 The Home prices in Electronic city have gone up by 30% over the years. From Jan -Mar quarter of 2014 the home prices stand at rs 4100 to 4652 per sq ft. The vicinity is immediacy to various localities and Transit points, this appends electronic city to be a high-flying locality in Bangalore. Elevated High way connects this locality to neighborhood areas like Silk Board, Bannerghatta Road, NICE Road and distant locality Jalahalli also easily accessible. The International Airport is situated 70km away from this area and it has easy access to BMTC Bus stops, BIAL buses, Railway stations, Hospitals, Educational institutions, Shopping Malls, Cinema theatres and many entertainment centers. According to the scenario the property might catch up soon.

Factors for Growth:

The thriving IT/ITEs, Electronic and electrical industries, public infra structure, Easy accessibility Two lane elevated high way – It reduces the travelling time.

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