Q: I am an NRI but I wish to invest in Bangalore and I have shortlisted Yelahanka for investment purpose. So I want to know is the area good for invest or for buying?
Yelahanka is still developing as a real estate destination, for which appreciation in prices has been marginal so far. The average selling price for apartment in this locality ranges in between Rs 4,000 and Rs 5,500
We have few very good luxury and premium apartments ongoing and also pre launch, launch projects in and around this location please revert back if interested to 9483427861 or email us on rapidrealtyindia@yahoo.com
Some of the upcoming projects in Yelahanka area Ramky One North, Prestige Leon. Fortune Viva, Sobha Lifestyle Legacy, Arun Auriville, Nitesh Napa Valley and Total Environment After The Rain.
Some of the renowned educational institutions in the area include Canadian International School, Seshadripuram Public School, and Ryan International School. Neha Prakash hospital, Sri Maruthi Hospital and Yelahanka Government hospital are the well-known healthcare centers in the region.
The price range in Jan-Mar 2012 was Rs 3400- Rs 3600 per sq ft, while the price range between Jan-Mar 2013 was Rs 4000- Rs 4600 per sq ft. In one year there was an increment of around 22% in property price due to enhanced connectivity and reduced time travel for the employee catchments in the Sarjapur-Marathahalli ORR and Whitefield belt.
Bangalore International Airport is just 20 kms. The National Highway 7 which passes via the neighborhood and easy accessibility to major industrial hubs such as Doddaballapur, Peenya, Jalahalli and Jakkur as further added to the essence of the region. The closest railway station is Yelahanka Railway Junction, located at a distance of 8km. Yelahanka makes travelling a cakewalk for commuters.
I am staying in Yelahanka for may be 3- 4 yeras and I have seen phenomenal growth in the last few years and is the chosen place to live as well as invest in North Bangalore. Most of the reputed builders like NCC, Prestige, Sobha, Purva, Shriram having presence
in this area for which the property prices have already shot up. Now it is very difficult to find a 2BHK under 40 in Yelahanka new town
Yeah obviously it is going to impact the real estate market. Mega projects like as KIADB Park and Devanahalli Business Park have served as the key reason for the increase in real estate activities in the region.
I do not agree with you. I do not think the development of Yelahanka is IT based. Yelahanka is an important area and area is going to see a natural rise in capital values as the city expands towards devanahalli-chikkaballapur-doddaballapur area.
Yelahanka is already well-developed, located to the north of Bangalore, was previously foreseen as a satellite town, however, at present it is under BBMP- Bruhat Bengaluru Mahanagara Palike.
It is encompassed by a good number of schools, colleges and tech parks.
According to experts, growth of Yelahanka as a peripheral Business District in the coming years will help it evolve as a flourishing residential real estate destination.
Consistent commercial growth and adequate infrastructure development has contributed to the residential real estate market of the region.
Social infrastructure, in addition to connectivity, has also played a major role in adding to the number of property transactions in the region.