Electronic City: Electronic City lies in the southernmost outskirts of Bengaluru. Phase I lies right next to the Hosur Road, sandwiched between Phase II on its east and Phase III on its west. It consists mostly of retail hubs of electronic goods and services, with large land parcels dedicated to IT-SEZs. The development has been so extensive that the IT industry in Electronic City Phase I is completely saturated.
One look at the residential market of Electronic City Phase I and it seems like the area has been developed over a long period. The market is dominated by apartment buildings that have come up in the recent past, followed by individual houses and villas, and residential plots in Electronic City Phase I. But the property prices here are much lower than elsewhere in the city, mostly because of the comparatively low demand and its location on the outskirts of Bengaluru.
HSR Layout: HSR Layout’s close proximity to areas such as Electronic City, Whitefield, Koramangala, and Jayanagar make it one of the more desired residential and commercial market in Bangalore, especially among young working professionals. This area is dotted with suitable residences to accommodate this segment of consumers, ranging from Paying Guest accommodations to the ever-popular one and two bedroom apartments.
HSR Layout has witnessed one of the most robust growth and higher-price trajectory patterns in comparison to other areas in the city over the past few years, due to its great connectivity and advantageous location.
Sarjapur Road: Sarjapur is flanked by Sarjapura-Attibele Road on its west. The locality also enjoys brisk civic infrastructure. It enjoys swift water and electricity supply, facilitated by the Bangalore Water Supply and Sewerage Board (BWSSB) and Bangalore Electricity Supply Company (BESCOM).
The development of several residential projects in Sarjapur has led to an increase in property prices in the area. The coming years will also see a strong demand for office spaces in the area, which would result in the increase in rental prices in this locality.
Whitefield is a well developed locality with good features and infrastructures. The region gained its popularity because of numerous IT companies and Apartments. Today, it is one of the developed region which is autonomous suburban region. The region is fully developed with Residential Projects, Malls, Hospitals, Hotels and Civic Infrastructures.
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 the locality. At present, there are many popular and contemporary residential and commercial complexes
On the other hand Sarjapur mainly focused on mid segment category. Sarjapur road is one of the fast developing localities in Bangalore with good connectivity to IT hubs. Due to many residential establishments and upcoming IT companies, the area has seen an upward demand by the denizens of Bangalore.
Whitefield, Bannerghatta Road and Sarjapur are the three localities that tops the list of preferred localities in Bangalore because of the close proximity to work place, connectivity, broader roads and Outer Ring Road.