Yelahanka: A Real Estate Paradise Posted: November 27, 2019 @ 6:53 pm

Originally envisaged as being a satellite capital of scotland- Bangalore city, Yelahanka is amongst the most desired destinations in North Bangalore legitimate estate investors today. The suburb has gained phenomenal momentum after The Bangalore International Airport (BIAL) in Devanahalli had become.

An element of the Bruhat Bangalore Mahanagara Palika (BBMP), Yelahanka is just 19 kilometers from the BIAL and 14 kilometers from downtown Bangalore. The area has witnessed significant increase in infrastructure previously five-years.

Yelahanka has been in the radar of house buyers since a while. The area's proximity with a quantity of technology parks, housing a few of the biggest MNCs that operate from the city, is a major reason for professionals choosing this locality to get their properties. Yelahanka is very near Hebbal, containing some really good educational facilities, as well as hospitals and malls. However, property in Hebbal is much too costly for mid-level buyers. Hence Yelahanka is a better choice for them. The region can also be perfectly connected to the greater city via road and rail. The planned peripheral ring road (PRR) is expected to function towards the areas in Yelahanka too.

To tap the prospect of this region, numerous property developers are offering residential apartments in Yelahanka, Bangalore. However, property prices in this field have seen a consistent appreciation of 8-10% in last two years. Hence, individuals are buying property inside the Yelahanka-Devanahalli stretch for long-term investment purpose too, as price is supposed to appreciate much more soon.

On analyzing the current prevalent market rates towards the property rates rrndividuals are willing to pay; micro markets of Electronic City and Yelahanka are closest to buyer's pricing expectations.

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