As you are planning to invest in real estate in Bangalore,investment in commercial property will be a good idea as it is associated with high rental returns and capital appreciation. Areas like Whitefield, Kormangala, Yelahanka are seeing high capital appreciation in the recent years.These areas are the most sought after places for any investment in Bangalore now.
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Professionals who are working in Electronic City prefer to stay in Electronic City Phase Iand it is also a sought after location by investors.
There is a good demand from people for Electronic City as well as Sarjapur Road Corridor through the HSR Layout and to Bannerghatta Road through Devarachikkanahalli commands the highest price, since it is close to Central Silk Board.
Electronic City area provide the home buyers several options in affordable and mid segment housing. Electronic City corridor is well connected to the rest of Bangalore. A new line will be added to the existing green line which will cover most of the areas on the Electronic City Corridor, which will be completed by 2020.
I do not completed agree with you. Central Silk Board still faces a lot of traffic congestion all day long for which investors are rethinking to invest in this corridor. There are no good malls and social infrastructure is yet to catch up.
You are right the traffic congestion is increasing day by day. But this corridor has seen a continuous growth with commercial hubs and residential developments on both sides of Hosur Road. Properties available here are mostly ready-to-move-in projects and under construction. The price of properties here are quite affordable.