Real Estate

Major hotspots to invest in metropolitan Bangalore – mars mount – Medium

Bangalore, once a garden city has now become a city of opportunities for jobs, academic establishments and independent businesses. We owe all these developments to the IT boom which poured in job opportunities for people outside and led to the increase in residential and commercial spaces.
While central Bangalore houses majorly business districts, northern parts have always been into industrial developments. Coming to IT and financial establishments have mainly settled in eastern and southeastern parts.

Lately, over the years, the trend of residential and commercial setups has changed drastically owing to the younger crowd moving into the city for jobs and decrease of baby boomers who are settled in old Bangalore in southern and western parts.

Homebuyers, now being majorly young aspirers are looking for comfortable and luxury living spaces in the suburbs and commute to work on a daily basis. This, in turn, has led to aspiring builders all over the city creating developments with amenities like gyms, pools, garden areas, security systems in their units to attract home buyers, including developments like schools, parks, shopping malls, hospitals and so on.
Major developments are around the perimeter of the city that promises bigger living areas and better amenities than a city centre development. These peripheral areas include Whitefield, Yelahanka, Sarjapur and Electronic city.

This was once considered a small village along the eastern periphery now is an opulent suburb, thanks to IT now has developed to be a major part of Bangalore.
It has major highway connecting Hyderabad and Bangalore and houses railway station connecting Chennai and slated to become a quadruple line in the future. Another attractive feature being the huge shopping malls and speciality hospitals.

This locality was once known to be the area with Defence and Army establishments and private schools are now the preferred location for a quiet living. Being in northern Bangalore, also became known after the development of the international airport, creating more residential developments and future plans of a business district make it another major settlement along the periphery.

Once an industrial area, along the south-east, seen some major developments with its vicinity to Whitefield and Electronic city. It has seen a lot of commercial and residential developments recently making it another attractive place to move.

Electronic city
This is one of the largest electronic/ IT hubs in India spreading over 800 acres. Once being a group of villages is now a development of residential, commercial with four phases. It has a
well-developed infrastructure with elevated expressway connecting Bangalore. The metro yellow line is expected to complete by the year 2022. The city is also about two hours away from the international airport and a proposal for another airport in Hosur is in the pipeline.

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