Looking to buy 4bhk in south city 3rd floor or above

One of my friends is looking for a property in Bannerghatta for investment purpose. Can you tell me if it is a good idea to invest in this locality?

Bannerghatta Road was earlier known as Anekal Road but later was renamed as Bannerghatta Road. The Bannerghatta Road commences from Adugodi and terminates at the Bannerghatta National Park

Bannerghatta Road is witnessing rise in residential and commercial real estate. Many real estate developers invested their money in the locality. There was a rise in the sale of property in the locality which has led to a rise in average capital values along the stretch. The real estate is slowly growing in this locality so if you are planning to invest in this locality invest now you can expect appreciation only after 3-4 years.

The locality has many reputed IT companies along with educational institutions. Initially the road was merely used by the tourists who travelled to the Bannerghatta National Park but after the establishment of the IT Companies like Honeywell, IBM, Accenture, Oracle Corporation and many others, the road is loaded with traffic.

The Real Estate is also booming in this also booming in the locality. At present, there are many popular and contemporary residential and commercial complexes.