Thanks for all for the reply. I have booked a flat near Whitefiled. So, looking for buying a plot within a gated community for future purpose. Is there any hot selling property in north bangalore(Yelahanka/Devanahalli) which will develop? I can think of building own house there in future.
Yelahanka is already well-developed, located to the north of Bangalore, was previously foreseen as a satellite town, however, at present it is under BBMP- Bruhat Bengaluru Mahanagara Palike.
It is encompassed by a good number of schools, colleges and tech parks.
According to experts, growth of Yelahanka as a peripheral Business District in the coming years will help it evolve as a flourishing residential real estate destination.
Consistent commercial growth and adequate infrastructure development has contributed to the residential real estate market of the region.
Social infrastructure, in addition to connectivity, has also played a major role in adding to the number of property transactions in the region.
It is expected that the real estate market in the North Bangalore will grow in the coming future. With an increased demand affordable projects are expected to increase in its capital value.
Areas preferred by home buyers iN North Bangalore are Devanahalli, Banaswadi, Hennur Road, Doddabalapur Road, Peenya and Thanisandra Road are witnessing a high scale real estate development in the North Zone and attracting many reputed developers to launch their new affordable projects.
I have invested in North Bangalore and I am happy so I will say that it is better to go with North Bangalore. The key benefits for residential catchments because of such infrastructure projects is improved connectivity. To add to it, investors can ensured of better price appreciation in a short span of time.
According to property consultants, capital appreciation in the region ranges between 15-18 percent annually. Rental returns will boost up when economic activity grows in terms of industries and office spaces