subject: Bangalore emerging As A New Growth Corridor Electronic City [print this page] In this fast pase world today people of Bangalore are in look for their dream home with top notch facilities and amenities enhancing their residential property. Today rising demand for housing and residential property in the bustling city of Bangalore has resulted in growth of new residential hub in peripheral areas. As Electronic City located near the peripheral ring road is one of the emerging areas of South Bangalore distanced approximately 40-50 kms from Central Business District (CBD) regions.
Increase in demand for housing and residenatial property has compelled developers to launch residential property in the neighborhood of Electronic City which is the IT hub encompassing more than 300 multi-national companies.Most of the upcoming residential property are sustainable and eco-friendly in nature. These residentail property are very promising and aimed to provide high-end lifestyle to the end users. Accompained with premium features and following the lastest construction techniques these projects are capable of fullfilling basic as well as luxury needs of the today's generation.
These residential property have BDA approved building plan meeting the stringent standards of all government and civic bodies promising a hassle-free investment. From the Electronic City the accessibility of the city center thrrough elevated expressway and have well connectivity to other major hubs of the city such as Bannerghatta Road, Sarjapur, Outer Ring Road, Hosur Road, Bommsandra Industrial Area and Attebele Industrial Area has future enhanced the demand and popularity.
City developers such as DLF Group, Prestige Group, Puravankara Group, Assetz Homes, Goel Ganga Group are among other builders who have launched their residential property comprising with apartments, villas and penthouses in the affordable and premium price bracket. Here at Electronic City neighbouring to well developed physical and social infrastructure such as educational institutions, world class IT comapnies like Infosys, Wipro, HCL, Satyam, TCS etc. Hospital, parks and multiplexes is an added USP of the residential projects.
All these residential property in Bangalore are very lucrative from investment purpose as well as for self use. Any investment will give good returns in the near future as anticipated by most of the city relators.As Bangalore real estate market is vibrant in nature and has maintained its growth even during sluggish economy and slow market situation. Majority of people prefer to invest in real estate sector, either for accomodation purpose or for long-term investment as it fetches good ROI in the long run. Residential Property is one of the tangible assets for most of the Indinas which has led to an enduring demand for real estate sector in India.
