Metro Brings Opportunity For Office Space, Villa Plots , Apartments, Sites For Sale In Bangalore

The work on Phase I o the Metro Rail is progressing at a rapid rate

. Barring the underground section at Majestic, most of the reaches of Phase I are getting ready to cater to the rising demand for better connectivity and to ease the pressure off the citys roads.

New reaches on the route will fuel demand for housing says Network Homes.

METRO brings opportunity for Office Space, Villa Plots , Apartments, Sites for Sale in Bangalore

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NETWORK HOMES offers comprehensive real estate services with cutting edge technology and transformational processes. Whether you are searching for Flats in Bangalore/ Villas in Bangalore/ Retail space Bangalore/2BHK homes Bangalore, we take care of all the details and provide you right information.

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The growth related to realty along the Metro Rail has also been rapid. This is due to the fact that across the world, property has always appreciated and grown along a mass transit system. This is being seen in the city too, especially in the already-operational M G Road-Byappanahalli route.

Property fetches greater value when it is developed as a mixed land usage near a transit system such as the Metro. Another example of this is the Yeshwanthpur stretch which has seen a transformation with connectivity projects such as the elevated road to Peenya. The Metros green line will soon be operational in this belt and various formats of realty have already come up here in the form of integrated townships, malls, hotels and super specially hospitals.

Emerging residential belts

With proposals to extend the network of Metro Rail under Phase II, there will be new residential belts emerging and even satellite townships emerging along this proposed route.

One such route is up to Kengeri. The Metro Rail is already being constructed up to R V College on Mysore Road.

This region has seen the residential belts such as Rajarajeshwarinagar and Uttarahalli emerge and there is potential for more growth given the industrial belt here along with pockets of IT office spaces.

There are varied industries operating out of the Bidadi-Kengeri-Kumbalgod region. Manufacturing units such as automobile industries have easy access to the double line rail track between Mysore and Bangalore too.

With the NICE Road and Outer Ring Road too providing connectivity to the region, this area is a sure choice for burgeoning residential growth. The region from Kengeri to Kanakapura has many residential localities coming up such as BEML Layout, Subramanayapura, and Banashankari V and VI stages. There is a mix of both luxury and affordable residential options in areas like Koramangala, Sarjapur Main Road, HSR Layout, J P Nagar and the Sarjapur Road vicinity.

Another area coming under the Phase II of the Metro is Gottigere and there are plans to draw up an additional line from here all the way to Nagawara. This development will give the region an uptrend in the coming years.

More than half of the demand for residential space which is nearly 22 million sqft is in the south of the city. This is further strengthened by the stable rental yields of around four percent in this area.

The region from Kanakapura Road to Puttenahalli in J P Nagar and on the other side till Bannerghatta Road has also seen tremendous realty growth with residential options available in plenty. The Metro Rail link to Puttenahalli has given a thrust to realty growth in this sector.

Please visit http://www.networkhomes.in/ for

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