Property near RMZ Infinity

Q: How is the area near by RMZ Infinity? Will it be fruitful if I invest in this area?

Girish Gupta, Bangalore

16th October 2013

Investment Advice in Bangalore

property in bangalore

rmz infinity

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14th December 2013

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Thank you guys for providing me such informative and detailed information about the areas. Now I have a clear idea which area will be good for me for investment purpose.

Girish Gupta, Bangalore

16th October 2013

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If it is for investment purpose you can go for CV Raman nagar, Old Madras Road and KR Puram. These areas are very well located and connected to RMZ Infinity and other main areas of the city through BMTC bus, metro and other public transport.. IT professionals who are working in RMZ Infinity prefer to stay in these area.

Hanif Laskar, Bangalore

16th October 2013

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The property rates are expected to surge very high in 5-10 years time frame, as it is near to Central Business District and East Bangalore. Metro gives an added advantage for the properties in this area. Old Madras Road is just a few blocks away from MG Road. The area is undergoing a complete transformation and there is a growing demand for apartment spaces in this region.

Bijoy Singh, Bangalore

16th October 2013

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 ttouch 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 apartments starts from Rs 13,000 to Rs 35,000.

Bhargav Dev, Bangalore

16th October 2013

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