The best performing areas in 2012 were
Hebbal, Heenur, Jalahalli, Hebbal and RT Nagar in North Bangalore. These
locations saw the highest demand and appreciation during the year 2012 just
because of connecting proximity in North Bangalore. The improved and growing
infrastructure in this region, its proximity to BIAL and overall enhanced
connectivity helped North Side Bangalore to crystallize into a much
sought-after residential destination.
Because of the infrastructure initiatives
by different builders in various stages of construction and planning there,
including the proposed high-speed rail link, the Hebbal–Yelahanka expressway,
the elevated expressway to BIAL and the advent of the Monorail, North Bangalore
was one of the safest and most exquisite residential property investment bets
of 2012.
The top emerging destinations in 2012 were
Tumkur Road, Vijayanagar, Kengeri and Magadi Road in West Bangalore, with
capital value appreciation to the tune of approx. 12-15%. West Bangalore This
region saw stable demand because of the developing Metro line, which will
provide enhanced connectivity to different locality in this region.
Yet another area to start edging its way
into the eminence was Kanakapura Road starting from Banshankari, which has
begun seeing the benefits of Metro connectivity, the establishment of the NICE
Road (the Bangalore–Mysore Infrastructure corridor), the availability of
Cauvery water and its affordable price points will definitely hit public
attention. Now almost half of year 2013 passed if you are looking out of property then you can invest in these above hitting areas of Bangalore. These area are still in limelight because of their surroundings and near by proximity and for exquisite location also. The real estate prices are about to hike in future in Bangalore as said by experts.
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