Yelahanka: A Real Estate Paradise

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Por blog/owner/ 88 dias atrás

Originally envisaged as a satellite area of Bangalore city, Yelahanka is probably the most sought after destinations in North Bangalore for real estate investors today. The suburb has gained phenomenal momentum after The Bangalore Air port (BIAL) in Devanahalli launched.

Included in the Bruhat Bangalore Mahanagara Palika (BBMP), Yelahanka is just 19 kilometers in the BIAL and 14 kilometers from downtown Bangalore. The area has witnessed significant boost infrastructure in the past five-years.

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Yelahanka has been doing radar of house buyers since a while. The area's proximity to some quantity of technology parks, housing a few of the biggest MNCs that operate from the city, is often a key reason for professionals choosing this locality to acquire their homes. Yelahanka is quite near Hebbal, containing some really good institutions, along with hospitals and malls. However, real-estate in Hebbal is much too expensive for mid-level buyers. Hence Yelahanka is the perfect decision for them. The spot is additionally adequately attached to the greater city via road and rail. The planned peripheral ring road (PRR) is predicted to be effective in favour of the residential areas in Yelahanka too.

To tap the prospect of this region, a number of real estate developers are offering residential apartments in Yelahanka, Bangalore. However, property prices of this type have observed a frequent appreciation of 8-10% in latter years. Hence, individuals are buying property in the Yelahanka-Devanahalli stretch for long-term investment purpose too, as price is expected to appreciate a lot more soon.

On analyzing the current prevalent market rates on the property rates rrndividuals are prepared to pay; micro markets of Electronic City and Yelahanka are nearest buyer's pricing expectations.

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