Yelahanka: An Estate ParadiseOriginally envisaged like a satellite area of Bangalore city, Yelahanka is among the most desired destinations in North Bangalore the real deal estate investors today. The suburb has gained phenomenal momentum after The Bangalore Air-port (BIAL) in Devanahalli had become.
A part of the Bruhat Bangalore Mahanagara Palika (BBMP), Yelahanka is simply 19 kilometers from the BIAL and 14 kilometers from downtown Bangalore. The spot has witnessed significant increase in infrastructure previously 5yrs.
Yelahanka has elevated the radar of real estate buyers since some time now. The area's proximity to a quantity of technology parks, housing a number of the biggest MNCs that operate from the city, is a main reason for professionals choosing this locality to acquire their houses. Yelahanka is very close to Hebbal, which includes good quality institutions, and also hospitals and malls. However, real estate property in Hebbal is far too costly for mid-level buyers. Hence Yelahanka is the perfect selection for them. The location is also adequately connected to the greater city via road and rail. The planned peripheral ring road (PRR) is predicted to be effective to be replaced by the areas in Yelahanka too.
To tap the possibilities of this region, a number of real estate developers are offering residential apartments in Yelahanka, Bangalore. However, property prices in this field have witnessed a regular appreciation of 8-10% in last two years. Hence, folks are buying property from the Yelahanka-Devanahalli stretch for long-term investment purpose too, as costs are anticipated to appreciate much more soon.
On analyzing the actual prevalent market rates on the property rates people are ready to pay; micro markets of Electronic City and Yelahanka are nearest buyer's pricing expectations.
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