Electronic City in Bangalore has been one of the hottest real estate destination for luxury and affordable property developers for a long time now. The location provides excellent connectivity options to both locations within and outside the city and is located in the hub of the IT corridor. Excellent connectivity to some of the most important locations in the city and the availability of prime real estate space makes it a highly lucrative investment destination for both real estate developers and home buyers.
This location in Bangalore is today home to several leading property developers with a large number of signature development projects coming up almost on a monthly basis. The developers have identified this area as one of the prime hotspots and therefore homes come with excellent amenities, comforts and connectivity options. Close proximity to the NICE Ring Road offers seamless connectivity to some excellent weekend getaways giving regular travelers and travel enthusiasts the chance to move out of the city over weekends and other holidays.
The infrastructure facilities in and around the Electronic City have seen a steady improvement over the past few years. Today one can clearly see the marked difference in excellent roads, improving water facilities and overall development of the civic infrastructure. This has resulted in further improvement in Electronics City’s standing as an attractive real estate destination.
The ever improving appeal of the Electronics City location has made both domestic and NRI investors, many of whom are high net worth individuals, professionals and entrepreneurs sit up and take notice. Many of them have now made Electronics City and the nearby areas their chosen destination for real estate investments.
The huge surge in demand couple with the diminishing exploitable space in the region have consistently upped the prices. This means that the currently the location is still one of the best to invest in but soon enough it could get either saturated or unavailable at prices par for the course. In a year or two down, the prices may be slightly inflated due to the increasing demand from the market. However, for the buyers Electronics city represents an excellent investment opportunity with appreciating value and excellent value for money at the current juncture.