Jakkuru: The place to invest in
Skyrocketing prices of realty ventures in the Garden City have been compelling the property buyers to focus on other viable options for high returns on investment. Jakkur, shining on the north of Bangalore, is one such viable option for developers and end-users where real estate has brought forth a wave of investments recently.
Connectivity and Public Transport
Characterized as one of the potential real estate destinations of north Bangalore, Jakkur is close to Bellary road and that adds to its growth factors. Proximity to Bangalore International Airport has served as one of the key reasons for the sudden increase in residential catchments in the vicinity. The locality is close to Outer Ring road and offers the commuters a trouble-free communication.
The closest railway station is Hebbal Railway Station, located at a distance of 4km from the vicinity. Reaching Yelahanka, Nehru Nagar, and Amruthahalli is cakewalk from the neighborhood.
The Bangalore International Airport is 23 km from the vicinity. Excellent auto and bus services facilitate the residents of the locality to reach prime locations in Bangalore city. Srirampura Bus stop, Amruthahalli bus stop and Hedge Nagar Bus stop are some of the nearest bus stops to the locality.
Amenities
Growth of social infrastructure has played a key role in triggering the real estate activities of the region. Pennfield Gardens and Jakkur Ground are some of the famous landmarks in the area. Jakkur Airfield and Jakkur Training school serve as the pride of the vicinity and has been drawing attention of the developers ever since.
Vidyashilp Academy , Vibgyor High International School and Shri Rama Vidyalaya High School are some of the educational institutes in the locality. North Side Hospital, Columbia Asia Hospital and Neha Prakash Hospital are some of the health care centers in the region which look after the medical needs of the people nearby.
Real estate and Price Trends
The real estate growth of the vicinity has been aided by the sharp crisis of plots in the city. Considered as one of the finest areas of Bangalore, Jakkur has experienced ups and downs in the price per sq ft. In the last quarter of 2011, the price per sq ft ranged between Rs 3700- Rs 3900, however, price appreciated to 15% and stood between RS 4300- Rs 4500 in the second quarter of 2012.
The rent per sq ft of a multistorey apartment in the area ranges between Rs 13- Rs 15. Home buyers in the region are generally offered 1BHK, 2BHK and 3BHK multistorey apartments in the vicinity. Einion Polaris, Goni Heights and MSR G Corp are some of the upcoming residential projects in the locality.
Einion Developers Pvt Ltd, Goni Homes and MS Ramaiah Developers And Builders Pvt Ltd are some of the prominent developers in the city who have made their presence felt in the locality. For homebuyers, the locality offers a gamut of properties within a huge price bracket. With the saturation of major areas in the city, Jakkur seems to be one of the viable options for investors.