Exploring the Real Estate Boom Around Manyata Tech Park

Bangalore has one of the best IT hubs that is attracting people from everywhere for work. The city is also witnessing a rise in demand for residential real estate which is close to the IT parks. One of the largest and most important IT parks in Bangalore is Manyata Tech Park which stands out among the tech hotspots, attracting both professionals and prospective homeowners. Also, it has an attractive location and plentiful employment options. Additionally, a large number of start-ups and multinational companies call Manyata Tech Park a home. Many people are investing in residential flats near the Manyata Tech Park area because of its thriving tech landscape and real estate.

Let’s check out here why Manyata Tech Park is a desirable location for investment:

Overview of Manyata Tech Park

Manyata Tech Park, located in North Bengaluru has a dynamic ecosystem and is spread over 400 acres. It has completely changed the way people live, and work. The owner of Manyata Tech Park is Reddy Veeranna who established this commercial space innovatively. With some of the greatest names in the tech industry housed there, it has become one of India’s major technology parks and a center for innovation.

Some of the big companies in Manyata Tech Park are:

•         Samsung
•         Quikr
•         TCS
•         AXA Technologies Shared Services
•         AXA Business Services
•         Microsoft
•         Atlas Copco
•         Alcatel-Lucent
•         Andritz AG
•         Cisco
•         IBM
•         Cognizant

Reasons to Invest in Residential Properties Near Manyata Tech Park

The tech park area has grown because of real estate investment. Investing in a property close to the embassy Manyata Tech Park can provide the following advantages to homebuyers:

Strong connectivity and infrastructure

Investing in apartments near Manyata Tech Park gives you access to a strong and established environment. Excellent access to main roads, highways, and the public transportation system is the main feature of this locality. Namma Metro also offers the residents the best transportation system by connecting this tech park to the city’s important locations.

Effective infrastructure planning

The expansion of this IT Park in Bangalore has led to an increase in the number of hospitals, colleges, schools, and other facilities. The entire project layout has been designed so that homeowners can enjoy everyday comforts and luxuries without making any extra effort. The entire region’s social and civic infrastructure has been carefully built to provide residents with a high-quality living.

Since Manyata Tech Park is home to numerous prestigious IT and non-IT businesses, most working people can avoid Bangalore’s heavy traffic to commute daily. There are reputed schools near Manyata Tech Park that give a reason to the people to buy the property and raise a family here.

Peaceful environment

The areas close to the Manyata tech park are encircled by green surroundings that allow people to live a calm and relaxed life after work. The serene surroundings are also perfect to provide an escape from the hectic pace of daily life.

Good for high rentals

Bangalore’s real estate market, especially near Manyata IT Park is witnessing remarkable rates of appreciation. The value of property will continue to increase as long as there is a demand for real estate in this area because of the availability of Manyata tech park companies. The rental market of this location is strong because of the working professionals of the IT Park. So, people investing in this area will get a high rental yield.

Advantages of Investing in a residential area near Manyata Tech Park

Do you know investing near the residential areas of Manyata Tech Park has several benefits? From luxurious housing options to security, a homeowner will get so many advantages from investing in this locality.

Affordable pricing structure

The starting price of 1 BHK flats near Manyata Tech Park is 45-46 lakhs onwards. The 1 BHK apartment has a super built-up size of 600-650 square feet, while the 2 BHK apartment has a built-up area of 1000 square feet.

Numerous Housing Options

The area around Manyata Park Bangalore offers a wide range of housing options. It is appropriate for families seeking a large apartment or young professionals looking for a compact studio. There are ample choices for all budgets and preferences near Manyata IT Park.

Security and Safety

There are cameras for surveillance, entry limits, and round-the-clock security which make this locality a safe place to live. These features provide peace of mind to professionals working late or to families concerned about security.

Good chances of appreciation

Manyata Tech Park’s ongoing development projects and convenient location make it a potential asset worth considering. With the IT business doing well, property values in the local real estate market will continue to rise. The real estate industry presents investors with the prospect of long-term capital growth.

Social Infrastructure

The professional appeal and robust social infrastructure of Manyata Tech Park are remarkable. It is the ideal location for individuals and families to invest with easy access to shopping malls, healthcare services, educational institutions, and recreational opportunities. Due to the proximity to schools and higher education facilities, apartments and societies close to Manyata Tech Park are perfect for families.

Top apartments and Flats for Sale Near Manyata Tech Park

Some of the gated and top apartments near Manyata Tech Park where people can invest in property are:

Assetz Here & Now: The elegant apartments of Assetz Here & Now, located in Thanisandra, North Bangalore, are conveniently close to Manyata Tech Park. More than 300 designer studio apartments can be found in this Assetz Property Group residential apartment.

Assetz Here & Now:

•         Spread over 3 Acres
•         333 Units
•         1,2 & 3 BHK Configurations

Arvind Skylands: Manyata Park Bangalore is not far from Arvind Smartspaces residential project in Jakkur. This project has several additional upscale apartments in Bangalore.

Arvind Skylands

•         Spread Across 4.5 Acres
•         417 Units
•         2 & 3 BHKs

Sobha Dream Gardens: Located in Thanisandra, the Colossal Sobha Dream Gardens is one of the best projects of Sobha Limited developers.

Sobha Dream Gardens

•         18 Acres
•         2000 Units
•         1 & 2 BHKs

Casagrand Lorenza: One of the most exquisite residential developments by Casagrand Builders is located on Kogilu Road. Some of the available flats are for sale near Manyata Tech Park in this reputed society.

Casagrand Lorenza

•         2.42 Acres
•         160 Units
•         2 & 3 BHKs

Purva Atmosphere: Purvankara Limited is among the best builders and developers in Bangalore. Their residential project is regarded as one of the best luxury apartments which is close to Manyata Tech Park.

Purva Atmosphere

•         13 Acres
•         939 Units
•         2, 3, 4 BHKs

Brigade Bricklane: One of Bangalore’s most sought-after residential apartments, Brigade Bricklane offers the best flats close to Manyata Tech Park.

Brigade Bricklane

•         8.2 Acres
•         749 Units
•         1 & 2 BHKs

Prestige Finsbury Hyde: This society offers some of the best 3 BHK flats, built by the reputed Prestige Group.

Prestige Finsbury Hyde

•         10 Acres
•         958 Units
•         3 BHKs

Conclusion

Manyata Tech Park has been a pillar of Bangalore’s IT sector for a very long time. The companies in Manyata Tech Park have improved social infrastructure, high rental yields, and potential for appreciation. This has resulted in a positive impact on the surrounding real estate market. If you want to make an investment in Bangalore then, the Manyata Tech Park area is a good option.