Over the years, Magadi Road and areas in and around have witnessed growth at a steady pace. Moreover, the Metro line making it easy for denizens living around, this area is set to welcome more demand.
There are two ongoing projects within a radius of 2 kms in from the Magadi Road Metro station, which are expected to get completed by this year. The projects are priced between Rs 8,000-9,000 per sqft.
As for BDA plots, within city limits are priced between Rs 12,000-15,000 per sqft. Plots in the outskirts falls in the bracket of Rs 6,000-8,000 per sqft
Social and physical infrastructure of the locality also has a lot to offer to prospective residents in the locality. A local bus service on this stretch, easy accessibility to railway station and the International Airport is also turning in its favor. In addition the upcoming monorail project would also give connectivity a boost.
Demand for plots is also high due to the affordable rates compared to other parts of the city. Both investors as well as end users are driving the demand in the area.