Which is a good place to buy a property in Outer ring road region

Q: I am looking for a good residential place in ORR, between Marathalli and Sarajapur rd junction.
Which are the localities there?

Deepak Gopal,

28th January 2015

Buying property in Bangalore

Follow Discussion

Also see discussions for

Bangalore Buying property Buying property in Bangalore

Replies (5)

Please provide me names of some good ongoing projects in Outer Ring Road.

Aneek Das,

4th February 2015

Comment

As per my knowledge, some of the good project coming up in this locality are Shravanthi Tech Park, Citilights Legacy and LGCL United Tower.

Sujan Mitra,

4th February 2015

How is the real estate market in Outer Ring Road? I heard that the market is doing good, What is the reason?

Aneek Das,

30th January 2015

Comment

The real estate market in ORR has seen an upward trend mainly because some of the biggest online retail market have acquired office spaces and warehouses along the ORR. Moreover, a portion of ORR is also a part of the planned IT corridor, which has made it a strong job market, employing a sizable population.

Sujan Mitra,

30th January 2015

The most active ORR stretch is the Sarjapur Road- Marthahalli stretch which is extended till KR Puram, as Marthahalli-KR Puram stretch is expected to witness high IT space activity in coming years.. But I feel growth of ORR may slowdown due to the shift in focus towards Bangalore North for upcoming developments.

Manu Kumar, Bangalore

28th January 2015

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.

Proximity to the city, IT hubs on the ORR such as Whitefield and Electronic City and developing social infrastructure like malls, hospitals and international schools have made the residential areas here adequately self-sufficient.

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.

Amarnath, Bangalore

28th January 2015

Comment

According to sources, Bengaluru is the third-largest hub for High Net worth Individuals, it also has a large base of expats who live and work in the city. This kind of residents look for high-end apartments, especially in the sub-markets of the ORR as they are sensitive about amenities, unit sizes and quality.

Sujan Mitra,

30th January 2015

Marathalli would be better