South Bangalore or East Bangalore

Q: Hi, I am planning to buy a property in Bangalore for investment purpose. Can anyone tell me which is a good option to go for South Bangalore or East Bangalore?

Harshit, Bangalore

18th December 2013

Locality Review in Bangalore

bangalore real estate

investment advice

location review

Follow Discussion

Also see discussions for

Bangalore Locality Review Locality Review in Bangalore

Replies (11)

East Bangalore is the fastest-developing micro-markets in the city. The demand for residential property in the region is driven by the influx of people, mainly IT/ITeS employees, into these parts of the city.

Sunil reddy, Bangalore

1st July 2016

Comment

What is the current rate per sqft going on in East Bangalore?

Daksh, Bangalore

1st July 2016

Currently, prices of residential options in this belt ranges from Rs 3,300-5,400 per sq ft. In Marathahalli, properties are priced between Rs 4,200-4,700 per sq ft. Residential options in Whitefield, command anywhere between Rs 4,500-9,500 per sq ft.

Sunil reddy, Bangalore

1st July 2016

You can try for House of Hiranandani, we have recently bought a flat there this proper community living. To see the prior Hiranandani work google Hiranandani powai and see what they made out of a barren land.
THey are repeating the same in Chennai bangalore and other such locations.

http://www.houseofhiranandani.com/locations/index.php?view=2

Chhayya Kala,

28th April 2015

Comment

Even I have seen few of their project.... The work done is awesome and they are one of the AW Grade builders in the real estate industry but the property offered are quite expensive

Sashmita Nair, Bangalore

6th May 2015

I am looking for an affordable property in South Bangalore. Please help me with some locality name in South Bangalore

Santosh TR,

5th January 2015

Comment

In South Bangalore, Kanakapura Road and Electronic city offers maximum properties in affordable price bracket and mid-segment. Affordable prices coupled with swift connectivity via NICE Road has spurred the growth in both Kanakapura Road and electronic City. However, in luxury segment, already established markets of Banashankari and Bannerghatta Road tops the chart.

Neha Patel, Bangalore

5th January 2015

How is the idea of investing in Outer Ring Road? How much appreciation I can expect?

Harshit, Bangalore

18th December 2013

Comment

Outer Ring Road is a thriving realty market for developers and investors. The demand for office space along this stretch has remained high owing to the proximity to residential catchments and availability of quality office real estate products. Corporates continue to prefer ORR since ORR is easily accessible from employee residential areas and its connectivity to the various SEZs and IT parks along the stretch.

With improved connectivity and availability of land, there is much demand for development of residential clusters along the ORR. The ORR is on the path of becoming a self-sustained residential location.

Aakash N, Bangalore

18th December 2013

KR Puram does not have any IT Park and all then what is the reason home buyers are moving to KR Puram. Please comment

Seshagiri Mehra, Bangalore

18th December 2013

Comment

People work in Whitefield and Hebbal ( Manyata Tech Park) prefer to stay this area as the area is easily accessible and there are properties still available at an affordable price for which people are buying or rent apartments or houses in KR Puram.

Neha Patel, Bangalore

18th December 2013

One of my friend is planning to invest in KR Puram. Wnat to know how is KR Puram from investment point of view?

Seshagiri Mehra, Bangalore

18th December 2013

Comment

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.

Sashmita Nair, Bangalore

18th December 2013

I agree with Mr Armaan but you can also check your for Bannerghatta Road, which is one of the first location in Bangalore to house some of the most prominent MNC’s, has come up as a residential hub and has witnessed rapid growth. Bannerghatta Road is also favoured owing to its proximity to Koramangala. Affordable land prices and availability of Cauvery water have made the area the preferred destination by those employed in Electronics City and Bannerghatta Road. This location is also favoured by second home buyers.

Pratap, Bangalore

18th December 2013

Comment

Hey Guys!!! According to me, East Bangalore is a good option for investment purpose. Areas in east Bangalore like KR Puram, Old Madras Road, Whitefield and Budhigereare on top of the heap in terms of real estate investment, due to their proximity to city center. For value seeking buyers, East Bangalore has singled out as the ideal place for residence since the region has emerged into a micro-market with a wide across retail and residential developments.

Sashmita Nair, Bangalore

18th December 2013

The planned Metro line to Whitefield, improving of the Old Madras Roads connecting to Hoskote and the signal-free ORR have triggered the demand for affordable housing units in the east, considerably. In the last few years, the eastern counterpart of Bangalore has transformed itself into a bustling cosmopolitan region with all the self-sufficient means. With a slew of social and physical infrastructure projects that made strides with connectivity and accessibility, the peripheral areas in the east are encountering an increase in budget housing options.

Aakash N, Bangalore

18th December 2013

I am new in Bangalore and planning to buy an apartment in Bangalore. I have heard a lot about Koramangala. What is the reason behind Koramangala being the hottest destination?

Eklavya, Bangalore

18th December 2013

Comment

The presence of high-end projects in the area is making Koramangala a hot real estate destination. Almost all the houses are done up in a villa’s fashion or there are studio apartments, duplexes and pent houses which do not come under the regular apartment category and requires special designing. Koramangala is a saturated end user market with hardly any primary supply in the area. Majority of independent properties are dependent on secondary supply.

Vaibhav Bhatnagar, Bangalore

18th December 2013

I think compared to Harlur Road, Hosa Road, Sarjapur Road; elctronic city is better choice today. It's not that these locations are bad but prices are so high to justify them. I recently went to Hosa road and Harlur road and was surprised by the mad rush there.

Armaan Saxena, Bangalore

18th December 2013

Hey, How is the idea of investing in Electronic City Phase II?

Harshit, Bangalore

18th December 2013

Comment

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.

Pratap, Bangalore

18th December 2013

I heard that property rates in Electronic city has gone down due to lack of social infrastructure. Other than this every thing else points to right reasons for appreciation.

Harshit, Bangalore

18th December 2013

May be the property price has gone down by 1 or 2 percent but once Neomall and Metro comes in, I think the rates are bound to shoot up.

Roshan Singh, Bangalore

18th December 2013

In south Bangalore, the residential apartments are primarily high and mid range. There are high-end options, primarily in suburban areas of south Bangalore such as Koramangala and Bannerghatta Road. Bannerghatta Road and Sarjapur Road are the growth areas of South Bangalore that investors could look at.

Roshan Singh, Bangalore

18th December 2013

Comment

The establishment of the Bangalore Mysore Infrastructure Corridor-NICE Road has improved the connectivity to Electronic City, Bannerghatta Road, Kanakapura Road and Mysore Road. So if you are planning to invest in South Bangalore you can go for areas like Bannerghatta Road and Electronic city Phase I

Manjunath, Bangalore

18th December 2013

It is better to invest in South Bangalore because growing MNC’s and IT companies in this area, planned connectivity through the metro, improved infrastructure with the Hosur Road grade expressway and upcoming commercial and retail developments, this locality has become a preferred residential hub as well as self sufficient region.

Manjunath, Bangalore

18th December 2013

Comment

I agree with Manjunath that South Bangalore is good for investment purpose but good connectivity with the Outer Ring Road and the proposed construction of the Peripheral Road also helped the real estate to grow in East Bangalore. You can expect good returns in the future if you are investing East Bangalore.

Armaan Saxena, Bangalore

18th December 2013