Yelahanka: A Real Estate ParadiseOriginally envisaged being a satellite area of Bangalore city, Yelahanka is one of the most sought after destinations in North Bangalore the real deal estate investors today. The suburb has gained phenomenal momentum after The Bangalore Air-port (BIAL) in Devanahalli has been around since.
A part of the Bruhat Bangalore Mahanagara Palika (BBMP), Yelahanka is merely 19 kilometers in the BIAL and 14 kilometers from downtown Bangalore. The area has seen significant boost infrastructure during the past five-years.
Yelahanka has been in the radar of house buyers since some time now. The area's proximity with a variety of technology parks, housing a number of the biggest MNCs that operate through the city, can be a key reason for professionals choosing this locality to purchase their properties. Yelahanka is extremely in close proximity to Hebbal, containing some really good universities, along with hospitals and malls. However, real-estate in Hebbal is way too expensive for mid-level buyers. Hence Yelahanka is a better choice for them. The location is also perfectly coupled to the greater city via road and rail. The planned peripheral ring road (PRR) is required to operate to be replaced by the areas in Yelahanka too.
To tap the prospect of this region, numerous real-estate developers are offering to you residential apartments in Yelahanka, Bangalore. However, property prices of this type have observed a regular appreciation of 8-10% in last two years. Hence, people are buying property in the Yelahanka-Devanahalli stretch for long-term investment purpose too, as cost is anticipated to appreciate a lot more soon.
On analyzing the present prevalent market rates for the property rates individuals are prepared to pay; micro markets of Electronic City and Yelahanka are nearest to buyer's pricing expectations.
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