Originally envisaged as being a satellite capital of scotland - Bangalore city, Yelahanka is one of the most popular destinations in North Bangalore for real estate investors today. The suburb has gained phenomenal momentum as soon as the Bangalore International Airport (BIAL) in Devanahalli has been around since.
A part of the Bruhat Bangalore Mahanagara Palika (BBMP), Yelahanka is simply 19 kilometers from the BIAL and 14 kilometers from downtown Bangalore. The spot has witnessed significant boost infrastructure in the past 5yrs.
Yelahanka has been doing radar of real estate buyers since some time now. The area's proximity to a variety of technology parks, housing a few of the biggest MNCs that operate from your city, is a major reason for professionals choosing this locality to acquire their houses. Yelahanka is very near Hebbal, containing the right institutions, as well as hospitals and malls. However, real estate in Hebbal is far too expensive for mid-level buyers. Hence Yelahanka is a better selection for them. The spot is also perfectly attached to the greater city via road and rail. The planned peripheral ring road (PRR) is anticipated to be effective in preference of the residential areas in Yelahanka too.
To tap it is likely that this region, many real estate property developers are offering to you residential apartments in Yelahanka, Bangalore. However, property prices in this field have experienced a frequent appreciation of 8-10% in last two years. Hence, people are buying property within the Yelahanka-Devanahalli stretch for long-term investment purpose too, as prices are likely to appreciate a lot more soon.
On analyzing the current prevalent market rates on the property rates individuals are prepared to pay; micro markets of Electronic City and Yelahanka are closest to buyer's pricing expectations.
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