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Neo Bangalore: The perfect investment location

Neo BangaloreBangalore, also rendered Bengaluru is one of the fast developing cities in India. Neo Bangalore is one among them, a new satellite township with world class connectivity and rapidly growing infrastructure.

The government of Karnataka has also inaugurated a BMTC bus depot in Neo Bangalore at the cost of Rs 4.70 crores. Good road planning has taken a precedent over here. The proposed Satellite Township Ring Road (STRR) covering 284 km will connect Hoskote with important satellite towns around Bangalore. The Intermediate Ring Road (IRR) covering 188 km also connects Neo Bangalore to the rest of the city.

The real estate in this area is booming and housing is witnessing high demand. The year -on-year increase of prices is said to be about 30%.

The Karnataka government is having great plans for the area which includes an exclusively designed Special Economic Zone, SEZ, for electronics hardware and IT at Bagur, situated at a distance of 12.5 km from Hoskote. the Aero IT SEZ is already under development at Budigere. This will create employment opportunities which will further contribute to the growing demand for residential space in the area.

The Karnataka Industrial Areas Development Board has seen a high demand for the 685 acre industrial belt of Narsapur in Hoskote. Many big companies’ factories are already there and many of them are said to be getting their new address here. Around 468 Japanese have set up their store along the Bangalore-Chennai belt and Hoskote is the starting point of the corridor.

A six lane super highway is being developed all the way to Sriperumbudur which will reduce travelling time between the two cities (Bangalore and Chennai) and also improves connectivity. Moreover Hoskote is well connected to important parts of Bangalore. Neo Bangalore also offers a traffic-free drive from the Bangalore International Airport, Byappanahalli Metro Station and KR Puram Railway Station.

Planning for investment in Bangalore, go for Neo Bangalore. It might become a promising partner of the city of Bangalore. Plots are also available for booking.

In Hoskote, that is a absolutely designed township in which can extract each of the excellent options that come with Bangalore town as well as identify the same. The soothing greenery, the lure of managed growth and the promise of a bustling activity which  include the pulling factors in addition to the main salient features.

Neo Bangalore, the satellite township can blend both aspects rendering it a acquire many solution. Neo Bangalore should be able to expand the promise of Bangalore city without diluting its ethos or credence. People who are looking for an alternative to Bangalore, Neo Bangalore will satisfy all those who remain true Bangaloreans.

Related Real Estate News:

Real estate opportunities in Hoskote

Hoskote emerges as promising residential destination

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