Real estate in Varthur gains momentum
Bangalore- Varthur located in East Bangalore, is becoming a hot residential real estate destination for buyers owing to its proximity to major IT hubs of the city.
Proximity to ITPL, Whitefield, Outer Ring Road (ORR), Sarjapur Road and being in the vicinity of several IT companies have opened the area to residential development.
The area is getting established as a residential hub with a number of villa projects coming up, said Karun Varma, Managing Director, Bangalore and Kochi, Jones Lang LaSalle India.
Some of the areas surrounding Varthur are Ramagondanahalli, Varthur Kodi, Madhuranagar, Nerige and Gunjur.
Residential real estate market:
Varthur houses a wide range of residential projects offered at different prices. Villa development is carried on with full boom in this region. There are many ongoing and upcoming residential projects.
Upcoming developments:
A peripheral ring road has been planned for this area which will cut across Varthur and connect to the NICE road. Also a metro terminal at Hope Farm is in the pipeline which is situated 6km away from Varthur.
Connectivity:
Varthur can be approached through the CBD via old Airport Road and from South Bangalore via the four lane Varthur-Gunjur Road. Also there is a link road from the ORR through Panathur to which gives it an easy access. The upcoming metro terminal is expected to further improve the connectivity.
The region has easy connectivity to Electronic City, Anekal, Hosur Road, Jigani industrial area, Hoskote, Mahadevpura industrial area, Kadugodi industrial area and Bagmane Tech Park.
Facilities:
There are good schools in Varthur such as Pratham International School, Lady Vailankanni School, Vagdevi Vilas, K K English School, and many more in the vicinity. Colleges like New Horizon College of Engineering, Krupanidhi College, MVJ College of Engineering, International School of Management and many others in the vicinity.
Sathya Sai Baba Hospital, Vydehi Hospital, City Hospital, Yashomati hospital, are few of the hospitals near to Varthur.
The Forum Value Mall is located at just two kilometers away from the area. Inorbit mall is also near to Varthur. Marathahalli Bridge is located just fifteen minutes away from the area.
Water supply:
Varthur does not face any water issues as of now. There is water supply from the corporation and also there are borewells. Varthur Lake, having a large surface area, strengthens the groundwater table in the surrounding. Due to negligence of the authorities, the lake is getting highly polluted these days, but if maintained well, would be the centre of attraction of the place.
Green Living:
There is lush greenery in the Varthur region along with the large water body, which offers pleasant living atmosphere to the nature-loving residents.
The area is just a short distance away from all that one would need for a comfortable life. It holds huge potential of realty development driven by the huge workforce of the surrounding IT and other companies.
Allot sites only if infrastructure is ready: CM to BDA
Karnataka government accused by CAG for illegally denotifying land
Bagmane Tech Park, Borewells, branded outlets, buyers in Bangalore, CBD, Companies, Connectivity, East Bangalore, Electronic City, Forum Value Mall, Green Living, Greenery, Gunjur, Gunjur Road, Hope Farm, Hoskote, Hosur Road, Inorbit Mall, International School of Management, IT, IT companies, IT hubs, ITPL, Jigani industrial area, Jones Lang LaSalle India, Kadugodi Industrial Area, Karun Varma, Kochi, Lady Vailankanni School, Madhuranagar, Mahadevpura industrial area, Marathahalli bridge, metro terminal, Nerige, New Horizon College of Engineering, NICE road, old airport road, ORR, Outer ring road (ORR), Panathur, Peripheral Ring Road, Pratham International School, Ramagondanahalli, Real Estate Destination, Realty development, Residential development, residential hub, Residential projects, Residential real estate, residential real estate market, Sarjapur Road, Sathya Sai Baba Hospital, Schools, Shopping complexes, South Bangalore, Upcoming developments, Upcoming residential projects, Vagdevi Vilas, Varthur, Varthur Kodi, Varthur Lake, Varthur-Gunjur Road, Villa development, villa projects, water issues, Water Supply, Whitefield, workforce
[...] Real estate in Varthur gains momentum [...]