Q:Hi I recently bought a home in Vijaynagar extension but I still don't know much about the area. Can someone tell me what sort of factors brought about high demand for property inthis locality? Do you think it is a wise choice to invest here?
Latest Answer: See the best thing about this locality is that its close to the ORR. Because of the large scale developments on the ORR, there have been price appreciations in Vijayanagar extension as well. A 240 yard land in Vijayanagar extn that used to cost Rs 1.5 lakh 5 years ago, now fetches close to 5 lakh rs on the market. Even agricultural land is 10 times more expensive in this area.
