Real Estate Market Trend in North Bangalore

8 years ago

Real Estate Market Trend in North Bangalore

It can be stated, with no practical explanation that soon after the establishment of Bangalore International Airport in 2008, Real Estate market in North Bangalore has risen to peak level and proceeding at a steady pace. Close attention of builder and developers towards Northern part is especially due to the connectivity via the Outer Ring Road (ORR), Hebbal Flyover and latently built express way over Bellary road. The growth of infrastructural to the launch of residential projects, which is subjected to commercial establishment, has made north Bangalore to stand on a list.

Hebbal is pride of itself by the flyovers across Bellary and Outer Ring Road on NH-7 offering a greater and enhanced connectivity. The locality is also covered with Vajra buses with AC, BMTC buses and proposed Metro Rail Services.

Flats in North Bangalore
With the evolution of major infrastructure and connectivity enhancement, automatically Real Estate will take off in that particular area. Bangalore Metro phase 2 is planned to enlarge the section of Gottigere – Nagavara up to BIA through Yelahanka and Hebbal. Tremendously, it is a boost to any Real Estate firm operating in this locality.

In North Bangalore, Yelahanka locality has made significant trademark because it is close proximity to international airport that played a vital role in uplifting the real estate values from sleepy mode. From past five years, Yelahanka has witnessed the growth of several residential apartments resulting a worthwhile to invest in property in Yelahanka.

Once upon a time, Yelahanka was quaint suburb but now it is bustling with residential and commercial activities. The locality is a place to several IT firm and became one of the prime business hubs of the city. The government has carried numerous activities on BB Road, Hospital, Major Sandeep Unnikrishnan Road and lot more. Additionally, it is much safer as compared to other parts of Bangalore due to the existence of large population. Better returns in the past are the major advantageous of the localities in North Bangalore.