In this blog, we will look at the city’s real estate industry and the recent increase in investment preferences for Bangalore’s peripheral areas.
1. The Rising Attraction of Peripheral Areas
In the wake of the pandemic, people have realised the importance of living a healthy lifestyle away from congested infra and polluted city centres. They have turned their eyes to peripheral areas in favour of bigger houses and better lifestyles due to the provisions of working from home and e-schooling.
Their needs and desires have been complemented by wider roads, community experiences, and better amenities in some newly developed communities. People are becoming aware that core areas should be decongested. This idea has been driven by the luxury of space, better traffic, and a shorter commute to work.
2. Outstanding Infra Development
The decisions to invest in peripheral areas have begun to rise as it will help people strike the perfect balance between a seamlessly connected life and living independently in uncongested areas. Outside areas from Bellandpur, Kasavanahalli, down the line to Sarjapur road, and even villages like Mullur have gained tremendous tractions of homebuyers due to the recent infrastructure development and how seamlessly the connect them to the conveniences of the city. Dedicated railway stations, upcoming purple metro line, ever-growing IT companies have all contributed to the growth of these peripheral areas.
3. Rewarding Opportunities for Investment
The robust development mentioned above has further opened up avenues for social infrastructure, fuelling the growth towards prestigious schools, malls, open spaces, healthcare facilities, and much more. Such development, in the next few years, is likely to draw in commercial business because of the rental rates, availability of spacious floor plans, and further advances in infrastructure.
With the projected metro development, link roads, and IT parks, these regions, especially Southeast Sarjapur Road, will highly contribute to real estate growth, leading to higher property values and opportunities for greater ROI.
Sarjapur Road — The Prime Location to Invest
Sarjapur has emerged as one of the most sought-after localities in the city because of its high-end infrastructure and entertainment options. Furthermore, it enjoys excellent connectivity to popular IT hubs like Whitefield, Marathahalli and Electronic City via National Highway-35 and Sarjapur-Attibele Road, respectively. These features have made Sarjapur a prime residential and commercial hotspot of Bangalore.
SPA Group’s Ecocity & Frangipani Estates are exquisite choices for those who seek to own a home off Sarjapur Road. Ecocity’s 40-acre densely landscaped villa estate community and the carefully crafted 33 estates in sarjapur road at Frangipani Estates offer joyous living experiences in close proximity to nature while still connected with city amenities. With favourable access to Bengaluru, Sarjapur Road is ideal for living a fulfilling modern life.
It is no secret that Bangalore’s real estate market is booming, and its peripheral areas are gaining traction. With expansive green spaces, booming technology industry, and availability of excellent conveniences, it’s no wonder people are choosing to invest in these corners of the city. People who wish to secure a peaceful yet connected life can come home to SPA environments off Sarjapur Road.