What makes off Sarjapur a prime location for property investment?
By Prashant Kankar, AVP Sales and CRM, Adarsh Developers With the Indian real estate industry undergoing major transformation, the realtors have seen a potential in luxury residential housing. The home buyers are also stepping forth and demanding spacious and green luxury home which are sustainable and elite in nature. The positive move by Indian government to bring RERA and GST in the industry has motivated both home buyers and realtors to go for more. Increased demand for residential spaces in Bengaluru According to a NASSCOM's latest report, Bengaluru is one of the fastest growing technology start-up hubs in India. With nearly 7,700 registered start-up firms, approximately 1,200 new start-ups were registered in 2018 alone. This has enabled Bangalore’s real estate to grow significantly. Why is area off Sarjapur road so popular? All locations in Bengaluru are experiencing transformation, however, the area off Sarjapur road has become the prime location for home buyers. There are multiple reasons making this area a preferred choice for property investment. It has become the new IT hub The location is surrounded by Global Tech Park, Prestige Tech Park 2, Novotel Tech Park, etc which makes Off Sarjapur, a favorite residential plot for techies.Big and small, IT companies have set up their offices off Sarjapur road which has boosted the number of professional staying around the area. The greenery The area has a huge green bunch making the place look fresher and closer to the nature. Green ambiance is hard to find in the bustling city. However, suburbs like Sarjapur has plenty to offer. The most appreciated element of this locality is its serene surroundings. With acres of lush green properties that has ample garden space, Sarjapur offers a clean environment to live. Open space and fresh air has found its place in the hearts of the home buyers. Ease of accessibility to educational institutions There are popular schools, International Schools and colleges around the area which makes it comfortable for families to settle down without worrying about the hours of commuting to pick and drop their kids. Fun and entertainment is close by Malls, pubs and restaurants are just a few minutes away for people living off Sarjapur road. This gives the location another edge to be popular. Good connectivity and developed infrastructure The airport and the Majestic bus stand is equidistant from the area off Sarjapur road. The extended metro connectivity is the recent progression for better access to Sarjapur suburbs. The locality has radial roads which connect to commercial hotspots like Koramanagala and Bannerghatta. The planned Peripheral Ring Road connects to Bellary Road, Hosur Road and Old Madras Road giving a better connectivity to people living off Sarjapur Road. Open space, good rental yield, convenience and amenities are the main reasons for these areas to witness an upswing in realty investments. From hospitals, schools to shopping complexes, this location has decedent options. With the proximity of CBD areas like Koramangala, it gives access to the major social hubs of Bengaluru. Aspiring working Millennials of Bengaluru find Off Sarjapur to be the most apt locality of convenience.
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