Real estate market in Anekal

Q: How is Anekal from investment point of view?

Mohit Suri, Bangalore

14th July 2013

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Replies (4)

Can we expect good returns after few years if we are investing in this area?

Madhav Deb, Bangalore

14th July 2013

Comment

Anekal, situated to the southern part of Bangalore metropolitan region, rakes up as one of the fastest growing suburbs of the city. Limited budget options and better connectivity add value to the locality and makes it one of the preferred destinations for every segment of home buyers. Anekal has been showing an increasing demand for home buyers. Proximity to many offices and retail outlets have contributed to the high demand for residential properties in the area. Crunch for apartments at reasonable rates in Bangalore has further added to the credentials of the locality.

Ramesh Reddy, Bangalore

14th July 2013

Comment

For modern home buyers, this locality is a treasure trove. All major builders have constructed villas in this locality. With excellent connectivity and adequate infrastructure aid from the government Anekal is soon to join the list of hottest realty destinations in Bangalore in coming years.

Rajkumar, Bangalore

14th July 2013

Prashanthi Royal Gardens, Saiven Caesars Palace and Flora Surya Enclave are some of the ongoing projects in Anekal which are offering apartments and there are villas and plots projects upcoming up in the area as well.

Bhaskaran, Bangalore

14th July 2013

Comment

What is the price range of a property in this area?

Mohit Suri, Bangalore

14th July 2013

Price of plots and villa plots in Anekal ranges from Rs 6 lakhs to Rs 72 lakhs. The price of apartments ranges from Rs 16 lakhs to Rs 80 lakhs.

Chetan Hansraj, Bangalore

14th July 2013

Real estate growth in Anekal has been accelerated with the development of infrastructure in the vicinity. Ease of commuting to industrial locations in the city have contributed towards the growth of residential real estate market in the neighborhood. Home buyers in the locality are generally offered residential plots at justified rates. According to JLL, the price per sq yard for a residential plot in the locality ranges between Rs 8100- Rs 9500. There has been a hike of 16% in the prices of real estate in the locality in the past few quarters.

Dharmesh Shukla, Bangalore

14th July 2013

Comment

What are new projects coming up in this area?

Mohit Suri, Bangalore

14th July 2013

Some of the ongoing developments in the locality include Aratt Atlantis, CK Serenity and SRR Exurbia. Arattukulam Developers, ChandraKantha Builders and SRR Homes are some of the key developers who have made their presence felt in the locality.

Bhaskaran, Bangalore

14th July 2013