Begur Road: Land of affordable properties
Begur road, stationed at the south-east of Bangalore, has again gained the limelight by offering a slew of affordable enclaves, overlooking the input costs. The concept of affordable housing has taken off in a big way in Begur road, increasing the number of footfalls in the region.
The Factor of Affordability
To add to its credentials, Begur road, has been vomuched for significant growth in high-end and mid-segment units that has mushroomed in the area. In the present scenario, when the property prices in the country are zooming at a high speed, Properties at Reasonable Rate in Begur Road are definitely a breath of relief.
How Connectivity Makes the Difference?
Positioned off the Bangalore-Hosur highway, the neighborhood is about 7 km from the Electronic City, and offers commuters trouble-free transportation to their workplace. Proximity to Infosys, Wipro, BHEL offices etc. further adds to the essence of the region. The locality is about 3 km from the Bommanahalli Circle, and connects both the Hosur road and Bannerghatta road through the NICE corridor.
Bangalore City Junction railway Station at a distance of 14 km is the closest railway station to this locality. The Bangalore International Airport is only 1 hour 6 mins drive through the Bangalore-Hyderabad Highway from this locality.
The Interrelation Between Public Transport and Real Estate
Excellent bus service from this locality to different parts of Bangalore does the trick. BMTC buses plying between the locality and Shivaji Nagar, KR Markevaji and Kempegowda testify the ease of public transport in the region.
Hongasandra bus stop, Canara bank bus stop and V plus bus stop are some of the nearby bus stop locations in Begur road.
Social Infrastructure Fuels Real Estate Vehicle
Excellent infrastructure growth has been the key reason for the zoom in real estate market of any locality. St. Francis School, Royal Convent School and International Business School of Management are some of the renowned educational institutions in the region that has always garnered the attention of the potential home buyers. Bhaanu Nursing Home, Kaviya Hospital and Jayashri Multispeciality Hospital meet all kinds of medical emergencies in the region.
How Affordability Drives the Real Estate in the Region?
According to property consultants, the area generally offers 1, 2 and 3 BHK multistorey apartments ranging between Rs 11 lakh-Rs 20 lakh.To add to it, since the areas such as Electronic city, Bannerghatta and Kormangala have almost exhausted their land banks, and demand for high residential prices ranges between Rs 75 lakh-1.2 crore, the locality has emerged as the recent hottest real estate destination. The average price per sq ft for a builder floor apartment in the region has increased to 9%, which confirms the fact that Begur road is end-user driven market. Begur Woods Layout, Classic Paradise Layout and Vishwapriya Nagar are some of the prime residential projects in the neighborhood that worth a special mention. Such projects include club house, food court, banquet hall, gymnasium etc. Community lifestyle together with different layouts ranks this region in the preferred list of the property buyers. The quotient of affordability has further acted as a boon for the locality.
