Why Gunjur Bangalore is a Real Estate Magnet?
In the East Zone of Bangalore, Gunjur is a locality that has been witnessing growth in real estate. It is truly said that Gunjur is the rising star in Bangalore’s real estate industry. Because this area is a new home to several trusted and reckoned builders of Bangalore. As it is located on the Outer Ring Road near Whitefield, this locality has connectivity to all parts of the city. Strategic location, future growth potential, availability of popular builders, and developing social infrastructure are also contributing to the growth of real estate in Gunjur. Gunjur Bangalore’s distance is approximately 19 km. This well-planned location is attracting investors because of its real estate development.
Let’s read out more about Bangalore’s emerging locality to know why and how it is becoming a destination for real estate development:
Prime Location of Gunjur
These days, home seekers and investors are also preferring Gunjur which is a well-planned locality in the eastern part of Bangalore. Gunjur is near Whitefield, which is an added advantage for all the working professionals of IT hubs in the city. This strategically located area in Bangalore has peaceful surroundings and greenery all over.
- The whitefield to Gunjur distance is approximately 6 Km which takes only 20 mins to reach.
- Gunjur is located on the Bangalore-Hyderabad National Highway which makes it a prime location for many homebuyers.
- The locality is also close to major IT parks in Bangalore such as Whitefield, ITPL, and EPIP.
Know Gunjur’s Infrastructure and Connectivity
The social infrastructure in Gunjur is also attracting real estate development. This location is expanding its infrastructure and setting up several amenities to support the increasing population. Residents and working professionals can easily find several amenities such as educational institutions, shopping malls, eateries, healthcare institutes, and many more.
This neighborhood locality has witnessed massive developments because of new roads and bridge construction. The improvements in transport connectivity and social infrastructure are also creating a massive impact on real estate development.
| Direct connectivity to the outer ring road | via Panathur |
|---|---|
| Proper connectivity to Sarjapur road | via Carmelaram railway station |
| Connectivity to Varthur | via Varthur – Sarjapur Rd |
Along with excellent connectivity to other major parts of cities, Gunjur is well known for its offering social and civic amenities.
| Educational Institutes | Healthcare Facilities | Entertainment / Malls |
|---|---|---|
| Ryan International School | Manipal Hospital | Forum Mall |
| Gopalan International School | Vydehi Hospital | Park Square Mall |
| Chrysalis High School | Sakra World Hospital | Brookfield Mall |
| Varthur Govt Middle School | Cloudnine Hospital | Spice It, IBIS Hotel |
Nearby Localities of Gunjur Bangalore
| Nearby Locality | Distance | Travel time |
|---|---|---|
| Sarjapur | 11 Km | 20 mins |
| Bellandur | 18 Km | 38-40 mins |
| Varthur | 14 Km | 30 mins |
Residential and Commercial Real Estate Sectors in Gunjur
A large number of residential and commercial projects have been completed in Gunjur by the most well known builders and developers. Also, there is a huge demand for apartments and flats because of the establishment of various IT Parks and corporate enterprises in the surrounding areas. Gunjur locality is home to popular developers such as Asset Builders, B M Developers, and PanaCea Builders.
The average flat prices in Gunjur, Bangalore range from Rs 10500-15600 sq ft. Plot rates in Gunjur are also increasing day by day because of real estate development. So, land price in Gunjur ranges from Rs 3000-6000 per sq ft. Several upcoming projects in Varthur and Gunjur Asset Aura, Saroj Harmony, and Adithi Paradise.
Now let’s talk about the real estate market of the commercial sector. The commercial real estate market is also improving where office spaces can cost the investors approximately Rs 6800 per square foot. If someone is looking to invest in commercial plots, it will cost them Rs 5000 to 6,100 per square foot.
Top Residential Societies and Projects- New Projects in Gunjur
| Residential Projects in Gunjur | Room Configurations | Sale price |
|---|---|---|
| DSR Green Waters | 2,3 BHK | Rs 80.31 L – 1.21 Cr |
| Mohan Altura | 2,3 BHK | Rs 89.31 L – 1.31 Cr |
| BM pristine | 2,3 BHK | Rs 86 L – 90 lac |
| Woodsong Around the Mangoes | 3,4 5 BHK | Rs 2.91 Cr to 5.7 Cr |
Factors Shaping the Real Estate Development in Gunjur Bangalore
Today, we can see a huge change in the real estate market in Gunjur. The Gunjur real estate development could be because of these reasons:
- Strategic Location
Gunjur, a developing locality in Bangalore, is located next to the Outer Ring Road (ORR), which offers easy access to the STRR and other areas of Bangalore. People who work in the nearby IT areas such as Bellandur, Marathahalli, and Whitefield consider this destination an attractive one for investment. Though it has a strategic location, Gunjur is perfect for those who desire a tranquil living environment.
- Huge Development Potential
As Gunjur is developing, there is huge real estate potential for builders to construct new projects. Many popular builders have their ongoing projects of residential apartments, commercial spaces, villas, and independent houses in Gunjur. There are several new apartments in Gunjur are under construction
- Peaceful ambiance and locality
Compared to its neighboring IT hubs, Gunjur provides a more serene environment. This is a bit attractive for all those homebuyers who want to get away from the bustle of the city.
- Improved Infrastructure
Developments in roads, social infrastructure, and educational and medical facilities, are all part of the growth in Gunjur. This raises the locality’s standard of living generally and also increases its value for living.
Conclusion
Currently, Gunjur Real Estate is growing quickly because of its developing infrastructure and proximity to neighborhood IT parks. Also, it has gained recognition as a suburban area with connectivity to several other important areas of Bangalore. This is why it is considered a well-planned locality in Bangalore that is attracting investors and homebuyers for real estate investment.
