I thought Lepakshy is very far away from Bangalore. Really I didn't know that it is so near to Bangalore. In such case considering Lepakshy for investment is very good idea. Thanks for valuable suggestion Mr. Praneeth Kumar
Even I didnt knew it, after doing some market research I got to know about it so thought of posting it here :) :) Even I am planning to invest there. Hope the locality will fetch me good returns. :) :)
Bagepalli is located at Chikballapur district. You can buy properties at cheaper rates and can expect good appreciation. The area is located mere 6 km away from Bengaluru- Hyderabad highway (NH-7) and 75 km away from Bengaluru international airport.
The locality has all the basic amenities and others along with infrastructure necessities are present in the town. KIADB has acquired around 1000 acres of land for a major industrial plant in the vicinity, which will push the real estate market in this locality.
Lepakshi is a charming area of Andhra Pradesh. This area is well connected to important metros and industrial hubs. The is just 50 mins drive from Bangalore International Airport. The USP of this locality is the fertility of land, basic amenities are available and development in the near by sectors. This area has great scope for real estate investment.
Investing in Dharmapuri, a district situated in the northwest corner of Tamil Nadu, promises high returns because of several places of recreation such as Hogenakkal Falls which is 46 km away from the district. The location is currently under the Free Zone and the uniqueness about this area is the affordable rates. Investing in this area is quite easy because of clear titles and the land is close to major economic growth zone.
I second you and these people hesitate to go and buy property in the outskirts of the cities because of lack of amenities, lack of entertainment and the value of the investment.
But if chosen right, these localities will fetch you good returns in 3 to 4 years span of time.