Investment for properties in Bangalore is more attractive in metro corridor
It is a known fact that real estate development in the property market has grown around the transit systems successfully.
Transit systems enhance the quality of life of the community around it. The real estate development for apartments in Bangalore attracts more investors for the projects along the Metro Rail corridor.
People from every strata of society like to live near a transit system. Residential development around the Metro is witnessing a huge demand from the potential investors.
Corporates are also expressing more interest to move into well-built spaces along the Metro corridor.
Residential developments in Indiranagar are already a success story. The mixed land development has given a new meaning to urban living in the area.
To achieve the potential for increased value of property in the metro corridor, builders need to build more complex projects at higher densities. For this reason the floor area ratio (FAR) is enhanced for buildings closer to the Metro rail link.
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Source: Economic Times
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