K R Puram Investment advice

K R Puram has witnessed a 200% growth, from 2,000 units in 2007 to 6,000 units in 2012. The real estate market in KR Puram is leading due to many reasons and mainly, being well-connected to arterial roads and vicinity to business clusters.

KR Puram has recorded an upward trend in property prices. Earlier the place was constituted of broken paths, debris and bumpy roads but now the area has been transformed and the infrastructure is way better than before. Property owners who have bought land before 2011 have profited immensely now.

K R Puram in East Bangalore is stated to be the highest growing areas in coming years. 91% appreciation in property values is forecast by 2017. K R Puram, have been listed in the top ten Indian realty destinations in a Knight Frank's report.

The area is included into BBMP and huge developmental activities are going on. Hence, K R Puram has the higher appreciation for lower investment today. The average price realization at KR Puram is estimated to touch Rs 6,200 per sqft.

KR Puram is good for investment purpose due to following reasons like:

1) Connectivity:

KR Puram is located on the National Highway 75. The Baiyappanahalli metro station is just 3km away. The proposed Peripheral Ring Road, metro connectivity and widening of the Old Madras Road will also improve connectivity which is increase the demand. K R Puram is well connected with areas like Sarjapur road, Whitefield, Hebbal etc

2) Price trends:

In the Apr-June quarter of 2013, the locality price appreciated to Rs 3215 per sq. ft. The rent for 1 BHK apartments ranges from Rs 5000 to Rs 7000. The rent for 2 BHK apartments ranges from Rs 8000 to Rs 22,000. The rent for 3 BHK apartmnets starts from Rs 13,000 to Rs 35,000.