North Bangalore holds maximum residential launches of 2012
Bangalore- Numerous real estate residential projects in Bangalore have been launched in the present year, of which most of them were launched in the northern periphery of Bangalore.
Proximity to Bangalore International Airport and planned infrastructure development have largely contributed to the vast real estate growth in North Bangalore.
Several leading players of Bangalore real estate have focused on areas in North Bangalore including Hebbal, Hennur Road, Thanisandra, Doddaballapur Road, Yelahanka and Jalahalli.
Most of the projects range between Rs 40 to 60 lakhs catering the mid-segment buyers. There are projects with price tags of Rs 1 crore and above around Hebbal.
Areas such as Hebbal and Whitefield witnessed around 7 to 9 percent increase in value appreciation of properties, on a quarter-on-quarter basis.
In the recent times, Hebbal is being recognised as a high-end residential market with a number of important project launches. Equinox Realty has launched Water’s Edge, Prestige group has launched Misty Waters, Embassy Lake Terraces, RMZ Latitude, G Corp ICON and Bharatiya Integrated Township are some of the top recent residential projects in Hebbal.
Hebbal is estimated to be the new CBD of Bangalore in North in the future. Factors such as better infrastructure, upcoming Metro, scope of organised developments, hardware and software zones, announcement of major SEZ’s Aerozones, have paved way for this status.
Real estate market in Bangalore is still affordable: PropEquity
Bangalore, Bangalore International Airport, Bangalore Real Estate, high-end residential market, North Bangalore, Projects in bangalore, projects in Hebbal
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