Silk Board a hot residential destination
The property price is rising in Silk Board because of the close proximity to educational institutions and IT areas.
According to the data provided by a realty company, the sale price has gone up by 26 percent in October-December 2012 quarter because of the huge demand from genuine buyers.
Due to its location, buyers are looking for apartments in this area. The price of a multi-storey apartment in Silk Board ranges from Rs. 3,500 to Rs. 6,000 per sq ft, depending upon the amenities and builders. Apartments with ample parking spaces, service lift and other basic amenities are available for Rs. 6,000 per sq ft.
Electronic city is just 10km away from this area. Marathahalli IT area and ITPL are also in close proximity. One of the key reasons for the demand of real estate rising in this area is that the area is close to Bangalore International Airport. The area is witnessing an upward trend because it is well connected to major areas of Bangalore city.
Due to good climate, well developed roads and greenery, IT people are investing in this area. A high-end 2 BHK apartment in this area is available in two sizes- 1,200 sq ft and 1,000 sq ft. A 3 BHK, high-end apartment come in sizes ranging from 1,400 sq ft to 2,000 sq ft.
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Apartments in Bangalore, Bangalore, Bangalore International Airport, Flats in Bangalore, Property price in Bangalore, Real estate bangalore, real estate builder, Real-estate market, Silk Board
