The market analysts say that Bannerghatta Road is the destination of the new generation with all of the improvement and infrastructural refurbishment. There are huge infrastructural improvements in the plan from widening the road, bringing the Namma Metro and few other improvements. The area is already populated with the largest of companies like Accenture, Honneywell, Aegis, IBM, HSBC and many other multinationals giving a perennial assurance of job generation in the region. There is no dearth of hotels, pubs, eateries, malls, educational institutions, schools, colleges and many other facilities and amenities that one may long for.
If you have not considered the option of buying your house in Bannerghatta Road then it is high time that you consider the area. The various housing sentiment indexes measured by different consultants and aggregate websites suggest that the apartments in the area are in high demand and the starting prices of the apartments in and around Bannerghatta Road are up at a whooping Rs. 30 lakhs.
The trend and the market watchers however note that the prices in the area were stable for a couple of years. Now the buyers and investors are keen on investing in the area and they are in search of land and apartments with the road widening and the metro schemes in the offing. There are other factors also that interest the buyers which are proximity to industrial areas like Jigani and Annekal.
The realty situation in Bannerghatta Road
There are all kinds of real estate properties which are on offer in the region along Bannerghatta Road. The projects that are built in the area and adjoining places are in the price range of Rs. 3, 500 to Rs. 5, 500 per sq. ft. There are high end properties also in the market which ranges from a price of Rs. 2 crore and above. These are mostly properties with an area of over 2000 sq. ft. with all luxury amenities. The amenities include health clubs, gymnasiums, community halls, supermarkets and many more in the facilities provided. There are big real estate companies and also developers of the affordable sector like Dreamz Infra, TGS Constructions and the like who are building apartments in the area. They also provide flats and apartments at Bannerghatta road with all the amenities that are provided by the high end developers but their range of prices are Rs. 15 lakhs to Rs. 25 lakhs. Of course there is no doubt that there is a high demand for such flats and apartments from these companies in the affordable sector. This denotes that there is huge demand of flats and apartments in the area and people are flocking in the area hoping even a more bright and prospective future in the offing.