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The future of real estate in kanakapura road, Bangalore

May 15, 2018 | 360 Realtors

The future of real estate in kanakapura road, Bangalore

The southern regions of Bangalore have proven great scope for real-estate development through its fast-developing micro-markets. The locality around Kanakapura Road has gradually become the focal point of several residential and commercial projects. Major names in realty industry are working on creating an innovative Property in Kanakapura Road. The improving social infrastructure and availability of various civic amenities further attracts home lovers to these grounds. Living in the area is made easy by the wide roads and different modes of transport accessible here. The extension of National Highway (209) till Kanakapura Road and the upcoming metro station in the region is said to further boost the micro-market. The increasing residential demand of the area is set to upsurge the demand for retail stores, schools, hospitals, colleges and more.

Investing in the cities real-estate

Past few years have been highly turbulent for the Indian markets. With new trade and commerce rules, GST, demonetization and RERA implementation the equations have drastically changed. In these changing times the realty market of Bangalore showed consistent growth and was largely considered to be quite stable. Well planned investment in a Property in Bangalore have proven to be quite profitable.

Investors usually face a dilemma over buying a property inside or outside the city. Though a large part of this predicament is based on your budget and intent of investment. Home buyers usually prefer to live close to their workplaces. Along with this you must also take in account the marketplaces, hospitals and schools located in the vicinity. A property in the main city comes with the benefits of recognised hospitals, schools, parks,malls, etc. While, areas on the outskirts of the city usually tend to have lesser number of established schools or hospitals. Bangalore has hundreds of pubs and lounges inside the city that provide for a great nightlife. These city core regions are connected by a well-established network of various transport system that provides for a hassle-free commute. The city outskirts are still developing and have wide roads and are being connected to the metro system but looking into available options of communications tend to make wise investments.

One can easily bargain over prices when buying property in a developing area. You can easily own a 4 BHK apartment in the city suburbs at the same cost as buying a 2 BHK in the city centre. Low cost and greater price appreciations make these outskirts a favorable destination for long-term investments. Home in the main city tends to give assurance and a sense of security along with steady growth.

About Salarpuria Sattva Misty Charm

The city of Bangalore provides various options for avid home lovers. The Salarpuria Sattva Group is developing one such distinguished housing project among the natural surroundings of Kanakapura Road in Bangalore. The expansive campus of Salarpuria Sattva Misty Charm Bangalore spreads over 9.5 acres of prime land. The estate is offering a total of 797 apartments in elegant and sophisticated configurations of 1, 2, and 3 BHK units. The project offers more than 90,000 sq.ft. of open landscaped area. Residents have access to 4 levels of a clubhouse and various amenities within this compound. The carpet area of these apartments range between 399 sq.ft. to 1079 sq.ft. and their prices are set in the range of Rs. 30 lakhs to Rs. 79 lakhs.

 

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