Investment advice

Q: I want to know what is the future prospect of Ulsoor if I want to invest in Ulsoor.

Harsha Mahipal , Bangalore

4th February 2013

Investment Advice in Bangalore

properties in bangalore

apartments in ulsoor

ulsoor real estate

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Replies (11)

Another important factor that is driving demand in the locality are the two proposed metro stations. One is located on Old madras Road, at the end closer to MG Road and the second is at CMH road. Some of the main streets in Ulsoor are CMH Road, Cambridge Road, Halasuru Road and Old Madras Road. CMH Road has several fashion outlets and supermarkets and is the main shopping area here.

Rajkumar, Bangalore

25th April 2013

Comment

The price of a 3 BHK in this area cost between Rs one to seven crore. The major reason behind this is the old commercial hubs and retail constructions. Developers like Shanta Sriram Construction Pvt ltd and Nitesh Mayfair are developing high end apartments in the area. The price of the apartments starts from Rs 1 crore and above. RMZ group is also planning to come up with a commercial property called Millenia.

James, Bangalore

25th April 2013

Comment

The area is located in the heart of the city and is well developed. Ulsoor is also good for investment purposes. The rental market is also booming here. The rental accommodation comes in the ranges of Rs 75,000 to Rs 1.5 lakh. The capital values have also gone beyond the reach of common man.

Sreya Khan, Bangalore

24th April 2013

Comment

The inflow of NRIs working in global companies and corporate houses are driving the demand for huge apartments. According to a real estate expert, only young professionals who are getting salary more than Rupees one lakh and above and having small families can afford a house in the locality.

Manjula Rao, Bangalore

24th April 2013

Comment

What is the main reason that is driving the demand for 3 BHKs in this area?

Shiva Reddy, Bangalore

24th April 2013

Comment

Hey Harsha, Ulsoor is located at the heart of Bangalore city. The investment in this area is liable to be fruitful and turn out as smart money. Ulsoor is a preferred locality for residence option and rent purposes. Many real estate developers are coming up with both residential and commercial establishments in this area.

Pratap, Bangalore

6th February 2013

Comment

Shanta Sriram Constructions Pvt. Ltd’s project Thipu Residency is expected to get completed in few months. The apartments are priced between Rs 79. 50 lakh to Rs 1.82 crore. Milllenia by RMZ Group at Ulsoor Road has also helped with the influx of people to this area. The central location of the area is the prime reason for the wellness of the real estate market.

Monica, Bangalore

6th February 2013

Comment

What are the other projects coming up in Ulsoor?

Harsha Mahipal , Bangalore

6th February 2013

Comment

Nitesh Estate is launching a high end apartment “Nitesh Mayfair” with world class amenities like a manicured gardens, fitness centre, a 5-star lobby, etc. The prices of these kind of apartments are around Rs 8000-9000 per sq ft.

Milind, Bangalore

6th February 2013

Comment

The highest locality price is around Rs 8,160 per sq-ft. The commercial section experienced 8 percent boost in the average locality price. If a comparison is made on the property price trends of old localities such as Bellandur and Uttarahalli, Ulsoor stands out.

Lokesh Patwa,

6th February 2013

Comment

The area has witnessed an increase of 4 percent in the average locality price during the October-December quarter. The proposed metro connectivity has been the major boost behind the rise.

Govinda,

6th February 2013

Comment