Nandi hills is far away from Bangalore. It will take a long time for projects to pick up there. According to me the locality is good for long term investment purpose as the locality is slowly and gradually developing but definitely it is going to take some time. Home buyers who are into business or have good money are buying or investing in this locality.
Nandi Hiils is heading towards a huge growth as far the real estate sector is concerned. Real estate market has taken upward trend in current times in and around Nandi Hills.
The property prices are showing sure signs of appreciation due to strategic location with the new airport lying in the close vicinity.
The area is also coming up with proposed 5 star hotel, golf course undertaken by flagship company the Prestige group. Thus the land rates are sure to go high and get maximum appreciation in 2 to 3 years. Thus investing in a property in and around Nandi Hills will fetch high yields in the coming times.
Hey thanks Abhimanyu for all the details but I feel Rs 1100 per sqft is bit high for the locality. Dont you think so? What are the location advantages and how is the reputation of the builder?
Hi Dilip, this is the rate what is going on in this areas. The location advantages are as follows: the project is well connected to the city center and it is also close to the upcoming India's largest IT SEZ.
Thrive 360East Developers has partnership with Thrive Investment Ventures Pvt. Ltd and 360East Realty Capital Pvt. Ltd. They are new in the real estate development arena in Bangalore.
The project is known to be approved by DTCP and funded by all major banks. the rate per sqft they are quoting is Rs 1100 and there will be 136 residential plots.
Xanadu is a smartly designed gated community offering 136 residential plots with different dimensions like 1200 sqft, 1500 sqft upto 3450 sq. ft. The project is ready for registrations. Xanadu is located in an idyllic location at the foot of the lush green Nandi Hills, just off Nandi Hills road in North Bangalore.