Electronic City Phase I verses Electronic City Phase 2

Q: Which is a better option for investment purpose EC Phase I or EC Phase II?

Neha Patel, Bangalore

30th August 2013

Investment Advice in Electronic City Phase I, Bangalore

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Replies (5)

How is the rental income in Electronic City? What about the rental yield?

Bijoy Singh, Bangalore

9th October 2014

Comment

The rent structure for 1BHK varies from Rs 8,000 to Rs 16,000 to per month, whereas the average rent for 1BHK is approximately Rs 10,000 per month. For a 2BHK apartment the rental structure varies from Rs 10,000 Rs 20,000 the average is approximately Rs 15,000 per month. For a 3BHK apartment the average rent is approximately Rs 20,000 per month. While the rent varies from Rs 15,000 to Rs 40,000 per month.

The rental yield is high in these region because the projects in Electronic city has seen substantial rise in capital values

Sagar Prasad, Bangalore

9th October 2014

In case of a individual house 1BHK house fetches an average rent of Rs 7,000 per month and it varies from to Rs 5,000 to Rs 10,000 per month. In case of a 2BHK house the average rent is approximately Rs 10,000 per month.

Hemraj Jha, Bangalore

9th October 2014

Is the rental value of a 2 bhk property still the same in Electronic city or there is an increase in the same?

surya.b, Bangalore

15th November 2016

Yeah it is almost the same. The rent of a 2 bhk apartment will be some where around Rs 10,000 to Rs 15,000 approx. But if you are look for a premium properties they will cost high rentals.

Chetan Hansraj, Bangalore

15th November 2016

Why is the demand for residential properties pricing below Rs 40 is so high in E city? Any particular reason.

Chittranjan Pillai, Bangalore

22nd October 2013

Comment

The reason is that the area is well developed and planned with wide range of mid segment of IT professionals. Now-a- days even mid level IT people look for affordable apartments for which the demand for affordable housing is rising.

Priyaranjan Bhatt, Bangalore

22nd October 2013

Another reason can be the good connectivity which has contributed to the increase in projects in the below Rs 40 lakh category. I agree Electronic City is still a panchayat town in Anekal Taluk, yet it is extremely well connected to the rest of the city as well as the airport.

Hemraj Jha, Bangalore

22nd October 2013

Can I get a property for Rs 40 lakhs in Electronic city?

Bijoy Singh, Bangalore

22nd October 2013

Comment

In Electronic City, residential properties are much more affordable when compared to other areas of Bangalore. The area has also seen maximum supply of residential properties within the budget of Rs 40 lakhs. So you can easily get a property in this budget. :D

Priyaranjan Bhatt, Bangalore

22nd October 2013

What is the real estate scenario of E City Phase I and Phase II?

Dushyant, Bangalore

30th August 2013

Comment

• Another plus point of Phase I is that proper street lights, shopes are there and the roads are also better when compared to EC Phase 2.

• After two to three years you can expect good appreciation in Ananthnagar as the area is developing but in electronic city appreciation is dwelling high on every quarter.

• One can expect good rent in EC Phase I as 75 percent of IT guys stays at Phase 1.

Sagar Prasad, Bangalore

3rd September 2013

If you are looking for a short term invest I would advice you invest in EC Phase I as the area is already developed and all big and branded builder like Ajmera, Concorde etc already have their presence in Phase I. But if you are looking for a long term investment you can consider EC Phase 2 as this area will take time for development and till now no reputed builders have come up with their project. EC Phase II is getting developed slowly and the real estate is also booming. Once the proposed PRR gets functional you can expect a good return from Phase II. :) :)

Chetan Hansraj, Bangalore

30th August 2013

Comment

Hey thanks for the your informative reply. My budget is around Rs 40 lakhs and I can extend to Rs 45 lakhs. I also want to know what are the price trends in EC Phase I and EC Phase II?

Neha Patel, Bangalore

30th August 2013

In Rs 45 lakhs budget you will get fully loaded 2bhk apartment in Phase I where as in the same budget you can get a fully loaded 3 bhk in Phase II. The price trends in Electronic city Phase I ranges from Rs 4000 to Rs 5000. Once Neomall, Hiranandani mall which is coming up near Wipro office and Metro comes in, I think the rates are bound to shoot up whereas the price trends in Electronic City Phase II falls in the bracket of Rs 3000 to Rs 3500.

Priyaranjan Bhatt, Bangalore

30th August 2013