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Reasons to invest in residential properties of Bangalore

May 17, 2018 | Admin

Reasons to invest in residential properties of Bangalore

From demonetisation to RERA the real-estate market of Bangalore stood against every challenging changes made in the country. The ‘Silicon Valley of India’ not only attracted private manufacturing industries, but also remained a hotspot for its educational colleges, medical facilities and much more. The vibrance of the city and its beautiful nightlife has always been a much talked about factor and its mild pleasant weather attracts young as well as old.

Owning a Property in Bangalore is a dream for many home enthusiasts. The city has a constant demand for plots, villas, apartments and more. The investors have always found the real-estate market of the city as very stable and are not afraid of investing for long-terms. The new housings being developed in the city are accompanied by world-class amenities such as, gymnasium, swimming pool, and more. Several people are interesting in these properties for renting and sale in future. With thousands of abodes being sold every year the city in expanding in every direction and new plans are being announced every other day.

The stretch around Tumkur Road

The 19.5 km stretch of NH-4 along with 4.5 km of elevated expressway connects Bangalore to Mumbai. Tumkur Road is an active industrial corridor that shall remain so in many years to come. It is surrounded by prominent localities of Rajajinagar, Basaveshwara nagar, Malleswaram, Yeshwanthpur, Mathikere, Mahalakshmi Layout, Nandhini Layout and Chandra Layout.

The upgraded stretch offered large land parcels for industrialand residential development. Taking advantage of the forecasted capital appreciation in the area several investors took an interest in the region. A series of projects such as the Bangalore-Nelamangala expressway, the Metro Rail, etc. promise better infrastructure in coming times. The residential locations benefited from these projects include, Yeshwanthpur, Nelamangala, Hessarghatta, Jalahalli and HMT Layout. Prices of property in Tumkur Road are deemed to show capital appreciation by about 10-15 percent per annum.

The large and steadily growing industrial hubs around the stretch boost economic activities. They bring in workforces looking for abodes closer to their workplaces. These emerging residential zones are further aided by the constantly increasing number of healthcare, entertainment and other social infrastructures.

About Salarpuria Sattva Laurel Heights

The Salarpuria Sattva Group has launched a premium residential project, Salarpuria Sattva Laurel Heights in the posh neighbourhood of Tumkur Road. The stunning property spreads over 4.2 acres and incorporates high-rise surrounded by lovely landscapes and wide pathways. A total 438 units in configurations of 2 and 3 BHK units have been offered in the estate. These units cover a carpet area ranging from 711 sq.ft. to 1023 sq.ft. and their prices range from Rs. 60.46 lakhs to 85.10 lakhs. The abodes are expansive and have provision for ample natural lights and proper ventilation. Fitted with top-quality furnishing these apartments come with facilities of intercom, power backup, water supply and more. Amenities offered in the complex include, clubhouse, swimming pool, gymnasium, kids’ play area, car parking, several sports facilities and more.

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