Budigere Cross is situated in East Region of Bangalore City, where Shriram Properties is launching its new project called shriramo2.in Homes at Shriram Greenfield with the best options available with 2,2.5 and 3 BHK configurations.
Brigade Buena Vista is an outstanding project from Brigade Group located only 2kms from Budigere Cross of East Bangalore. Check brigadebuenavista.location-price-bangalore.com for more details of the project.
Some of the disadvantage of Budigere area; The locality do not have many IT companies. The area lacks social infrastructure. The area always struggling with low water table. Budigere Cross to Devanahalli is very narrow.
Major reasons why the area is witnessing good demand are: a) The KR Puram-Budigere stretch is emerging as a good long-term property investment option. b) Proximity to the IT hub of Whitefield and improved connectivity to the airport has generated interest among prospective buyers. c) Signal free connectivity till KR Puram.
Budigere Cross is a fast-growing corridor with access to Whitefield on one side, and the hardware aerospace park and the international airport on the other. The area has also witnessed industrial investments from Japanese firms. So investing in this locality can fetch you good returns in future.
Presently, there are multiple A Grade residential developments from reputed developers are coming up near Budigere Cross. The rate of properties at Budigere Cross is Rs 4,000-5,000 per sqft.
Definer Kingdom, Prestige Tranquility, Rayan Air Zone, Pruksa Silvana are some of the ongoing projects in Budigere. Rental demand has recently started gaining momentum since the number of ready-to-move-in apartments is currently low. Many projects are still in construction stage and math occupancy rate is very low. There are many upcoming residential and commercial projects in Budigere. The area is likely to be developed into a preferred residential destination in East Bangalore in the near future.
Demand for residential properties in Budigere has been rising constantly owing to factors like good connectivity, availability of land parcels, and lower property rates. Budigere is located nearly ten kilometres away from Whitefield and ITPL, major IT hubs of Bangalore. Prime areas such as Old Madras Road, K R Puram and CV Raman Nagar are in vicinity. All the neighbouring localities have become highly congested due to lack of land parcels. Budigere on the other hand offers wide open spaces as land parcels are easily available.
Yes the market for residences on this stretch was sluggish few months ago for which the focus has moved to North Bangalore. The area offers apartments, plots, row houses and villas. Demand is high for apartments in all sizes including 1, 2 and 3 bedroom units. The area has observed nearly 20 percent rise in capital values of apartments in the past one year. By the next year, 35-40 percent appreciation is expected as several projects would be nearing completion.