Hi, I am planning to buy a plot in SRR Preserve on NH7, Devenahalli.
Q: What are the prospects for rental and appreciation in that area? Also, any feedback from property owners in that project or other projects on the area? Thanks, Nikhil.
Hey Omar, Only plots are available for sale and the price of the plots starts from Rs 14 lakhs. The project is ready to move in. The project has been approved by banks like State Bank of Hyderabad and LIC.
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The region is developing fast due to IT-BT and Industrial boom which is currently in great demand and is expected to grow rapidly in the near future. Properties in Devanahalli have witnessed a record increase in demand due to the presence of the Bangalore International Airport and excellent connectivity brought by the six lane highway linking the suburb to Bangalore. Just like abroad, builders and investors are planning to build townships around the airport and these developments could change the face of northern Bangalore in as less as three to four years.
The Preserve is a project by SRR Homes which is spread over 23 acres of land and is approved by BIAAPA. The project is located near Devanahalli on highway NH-7 Bangalore. The Preserve is just 15 minutes drive from the Bangalore International Airport.