Yelahanka: A Property Paradise
Originally envisaged as a satellite capital of scotland - Bangalore city, Yelahanka is one of the most preferred destinations in North Bangalore legitimate estate investors today. The suburb has gained phenomenal momentum as soon as the Bangalore Airport terminal (BIAL) in Devanahalli had become.
A part of the Bruhat Bangalore Mahanagara Palika (BBMP), Yelahanka is definitely 19 kilometers through the BIAL and 14 kilometers from downtown Bangalore. The area has witnessed significant increase in infrastructure in the past 5yrs.
Yelahanka has developed in the radar of real estate buyers since some time now. The area's proximity to some quantity of technology parks, housing a few of the biggest MNCs that operate in the city, can be a main reason for professionals choosing this locality to buy their properties. Yelahanka is incredibly near Hebbal, which has the right educational facilities, and also hospitals and malls. However, real-estate in Hebbal is a lot too expensive for mid-level buyers. Hence Yelahanka is a better option for them. The region is additionally adequately connected to the greater city via road and rail. The planned peripheral ring road (PRR) is expected to function in favour of the areas in Yelahanka too.
To tap the prospect of this region, a number of property developers are offering to you residential apartments in Yelahanka, Bangalore. However, property prices in this region have seen a frequent appreciation of 8-10% in last two years. Hence, folks are buying property within the Yelahanka-Devanahalli stretch for long-term investment purpose too, as cost is likely to appreciate a lot more soon.
On analyzing the existing prevalent market rates for the property rates people are prepared to pay; micro markets of Electronic City and Yelahanka are nearest to buyer's pricing expectations.
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