which is the best place to buy an apartment in bangalore

Q: I am interested in buying a property in Bangalore, but want to know which are the areas which are coming up in the city, which have a tremendous scope for growth in the next few years.

Swetha, Hyderabad

23rd December 2015

Buying property

property in bangalore

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Interestingly, 2BHK is the most searched BHK-type for rental homes. While Mahadevapura apartments experienced increase in avg. rent per sq. ft. by 10.5% year-on-year, HSR Layout rents rose by 10.2% while JP Nagar by 6.1%. Bellandur experienced an increase of 6%, Koramangala by 5.6% while Marathahalli and Sarjapur Road recorded increase of 4.5% each.

Balaji, Bangalore

24th December 2015

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Bannerghatta Road experienced the highest avg. price per sq. ft. growth for Villas and Row Houses at 17.2% followed by Sarjapur at 5.5%, Budigere at 2.6% while Sarjapur Road registered 0.7% increase, year-on-year basis.

HSR Layout was the only locality to experience growth in avg. price per sq. ft. at 1% for Independent Houses. Remaining localities registered a decline in avg. price per sq. ft., year-on-year basis.

Pratap, Bangalore

24th December 2015

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he first and foremost is Mysore Road, has become a real estate hotspot in Bangalore. NICE corridor, proximity to outer Ring Road and Metro Phase I and II are giving a major boost to realty growth.

In the Northern periphery of the city, Yelahanka and Dodaballapur Road have been gaining a lot of momentum. One of the major factors that have pushed the real estate market here is the extensive 6-lane highway that connects Bangalore city to the airport. The completion of the metro rail will also boost the connectivity.

In the Eastern region, Old Madras Road (OMR) has become an attractive destination for real estate growth. Residential catchments in the vicinity are localities off OMR- Budigere and Kadugudi. The stretch between OMR and Kadugudi is developing with many villa and apartment projects.

Bhaskaran, Bangalore

24th December 2015

Among the top searched apartment localities, Bannerghatta Road experienced the highest avg. price per square feet growth at 18.7% followed by Marathahalli at 11.5%, Bellandur at 9.9%, Hebbal at 6.8%, Kanakapura Road at 3.1% and Whitefield at 1.5%, year-on-year basis.

Bhaskaran, Bangalore

24th December 2015

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