Sarjapur Road residential real estate marking is booming
Sarjapur Road is located towards the south-east of Bangalore. Long time ago Sarjapur Road was a land filled with farms and green fields all over. Today, the locality has grown so big that Sarjapur road has become an eye candy of Bangalore city in terms of real estate.
Connectivity:
Sarjapur road is one of the fast developing localities in Bangalore with good connectivity to IT hubs.
It is just 45 km from Bangalore International Airport and 15 km from Kempegowda Bus Station (Majestic Station) and Bangalore City Railway station. Apart from this, the metro lines are under construction which would give easy access to various parts of the city. BMTC bus services are there in Sarjapur Road. It is around 6 kms from Outer Ring Road.
Schools and Colleges:
Indus International School, Oakridge International School, Inventure Academy, Greenwood High, St Patricks Academy, Primus Public School, Delhi Public School – Bangalore East
Commercial spaces like Bangalore Central & TOTAL Mall are also easily accessible.
Real Estate:
Due to many residential establishments and upcoming IT companies, the area has seen an upward demand by the denizens of Bangalore.
Also, one among many reasons is that Sarjapur is in close proximity with many prime locations like Outer Ring Road, Agara, Christ College Area and HSR Layout.
Today Sarjapur road stands equal posh residential localities of the city such as Indiranagar or Sadashivnagar. The majority of the area is residential but side by side, it is also developing its commercial space.
Sarjapur is slowly and steadily blooming into a commercial sector. Almost all the popular developers and builders are investing in real estate of this area. The investment in the area is liable to be fruitful and turn out as smart money.
New projects in Sarjapur Road:
Assetz Clover Greens, Purva Whitehall, Asset Alcazar, Mulberry Woods, Madagascar Villament, RBD Stillwaters, Salarpuria Senorita, Brick Field Gem Park. The price of the apartments in this area ranges from Rs 30 lakhs to Rs 1.50 crores.
Building Typologies:
Sarjapur road offers 2, 3 and 4 BHK apartments, villas and differnt sizes of plots. Key developers in this area are Puravankara, Sobha Developers, SJR Primecorp, Nitesh Estates and the list continues.
Price Trends:
The price per sq. ft. was Rs 3795 in Oct- Dec 2012 quarter that appreciated to Rs 4046 with appreciation of six percent in the first quarter of 2013. The locality has seen an increase of 7% in rental values in the Oct-Dec quarter last year and it is expected that the rental values on Sarjapur road may increase more.
Some of the portions of Sarjapur road dug up for the construction of an underpass has yet to be restored to its original status after almost a year. The commuters mainly motorists are facing problem because of the dug up portion of the road and the narrow space left for traffic.
Buyers advice:
Sarjapur road proves to be a safe destination for property investment keeping the future in mind. You can expect future appreciation in terms of property price, if you planning to invest now in this locality.
Related Real Estate News:
Sarjapur road soon to be posh residential locality
Sarjapur Road evolves as safe property investment destination
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