The price per acre of land close to Visvesvaraya Layout which was pricing in between Rs 50 lakhs to Rs 60 lakhs till last year has gone up to Rs 1 crores.
Visvesvaraya Layout which is spread out widely near Ullal and Mallathahalli near Bangalore University, is seeing a good response.
No doubt that because of Metro the property prices are increasing but NICE Corridor has also led to the development of the Global Village project. A 3 bedroom apartment in and around NICE Road will costs you around Rs 90 lakhs and and all have been booked.