Godrej Splendour Location
Bangalore continues to draw visitors from around the world and is a favorite among tech professionals. The IT boom transformed the area’s originality from a sleepy metropolis into a chic, lively city with a vast array of innovative opportunities. With purchasers flocking to the site and buying residences suited to their lifestyles, Silicon City’s demography has been helpful for the real estate industry.
Connectivity & Bellandur: One of the most well-known neighborhoods and a key crossing point between eastern and southern Bangalore is Bellandur. Bellandur has had positive expansion in its real estate market, making it one of the city’s fastest-growing areas. The desire for affordable housing has increased along with Bellandur’s reputation for high-end residential developments. Previously a predominantly rural area, the 1990s IT boom significantly changed the region, recognizing its solid residential sector due to numerous SEZs and corporate offices.
The neighborhood is connected to Marathahalli and Old Airport Road, two of Electronic City’s important cities. With Whitefield and the Silk Board located opposite extremities of the community, it is a critical location for accessing both and offers excellent connectivity to the HSR Layout.
This location’s transition is due to its astute placement on the map. The outer ring road (ORR), which runs from JP Nagar to Whitefield via Bellandur, connects this location to various city areas for BMTC bus services. The 8-lane Peripheral Ring Road will connect the region to recognized hubs like the international airport in the north while also reducing traffic in the entire area.
Potential for Real Estate
Bellandur’s real estate potential has been comparable to other prestigious city markets and has remained essentially constant. Competitive real estate prices and the area’s advantageous location are key growth drivers. The capital values increased by 5%, from Rs. 5,500 per square foot to Rs. 5,800 per square foot. Additionally, these prices will increase due to the expansion of Namma metro lines near Bellandur.
Working professionals swarm this area due to the several business districts nearby. Many working professionals choose rental choices to be in a location nearer to their workplaces. Rent in Bellandur can range from Rs 12,000 to Rs 2.8 lakh per month, providing investors with enticing rental returns.
For investors and homebuyers, Bellandur offers a wealth of opportunities. The need for housing alternatives in Bellandur has recently grown due to the area’s proximity to tech parks, educational institutions, hospitals, and mid-range and cheap properties. Real estate values will rise due to the Namma Metro project’s extension from RV Road to Bommasandra and from Baiyappanahalli to Whitefield.