Tumkur Road merges into Bangalore realty
Bangalore- Tumkur Road, once considered as a village in the outskirts of Bangalore, has now transformed into a part of the city owing to its rapid growth in real estate sector.
Expanding residential realty market of Bangalore has gradually brought in many of the suburban areas under the city limits. Being located at a distance of 30 km from Bangalore International Airport, Tumkur Road has undergone rapid transition.
Aseem Kumar of Welworth Associates observes that there has been a marked increase in activity by developers in the sub-city owing to availability of land parcels for residential development. Affordable values, good connectivity and developing infrastructure are few of the added benefits, he adds.
Proximity to Nelamangala-Bangalore Expressway, upcoming Hesaraghatta Cross metro station and Yesvantpur railway station have offered Tumkur Road with an excellent connectivity and good accessibility to all regions of the city.
Abhijith Tondon of SR Constructions said that the capital values of properties in Tumkur Road have witnessed a rise of more than 30-50 percent in the past one year and it continues to appreciate.
A lot of real estate development has been happening in the region for the past 1-2 years and long term investments are expected to yield better returns in the days to come.
Read more real estate stories:
Top Seven areas of India to observe real estate boom
Aseem Kumar, Bangalore, Bangalore International Airport, capital values, Connectivity, Hesaraghatta Cross, Metro station, Nelamangala-Bangalore Expressway, properties in Tumkur Road, Real Estate Sector, realty market of Bangalore, Residential realty, SR Constructions, Suburban areas, Tumkur Road, Welworth Associates, Yesvantpur railway station
