Why Sarjapur Road is a Realty Favourite
Bengaluru’s Sarjapur Road's popularity as a real estate
destination never seems to flag, inspite of the catastrophic demonetization and
the uncertainties of RERA and GST. Leveraging the essentials of excellent
location, connectivity, educational and entertainment and shopping hubs, it has
retained being a perennial favourite as recent Google searches reiterate. In
fact it would not be wrong to term it as one of the hottest destination for
real estate investments across all categories of real estate - whether
residential or commercial.
Sarjapur Road ticks all the boxes being strategically
placed between two technology parks. Nestling in the southeast part of
Bangalore and abuzz with IT activity, it jostles in close proximity to major IT
hubs like Electronic city, Whitefield, Koramangala and the Marathalli Outer
Ring Road. Sarjapur Outer Ring Road (ORR) houses innumerable IT behemoths including Wipro, HP, Cisco,
Accenture Capgemini, KPMG, Nokia et al as well as Mahindra Electronic City
Phase 2 nearby. IT giant, Infosys, runs a special economic zone or SEZ.
The special economic
zones and the incessant rise of IT space
has meant nearly two lakh well paid IT professionals working close to Sarjapur road has made it a dream real estate destination.
Most of these ITechies prefer a home near their offices to escape the mayhem of
daily commute and continue to stay invested even with change of jobs or
designations. As a renter/landlord many prospective tenants are close by and for
an investor the prices double rapidly.
The location scores high on infrastructure and
Connectivity. Apart from excellent links to critical IT corridors, reaching the
International Airport (BIAL) from Sarjapur Road takes less than two hours and
Majestic Bus Stand, KSRTC Bus Stand, and Bangalore City Railway Station are 30 minutes
away. The upcoming Peripheral Ring Road, the proposed ORR links and NICE
corridor are being developed in close proximity. Even the metro lines will add
to connectivity.
Moreover, a profusion of educational institutions, shopping
and entertainment destinations adds to the attraction. World schools –some
offering IB include VIBGYOR, Sorsfort, New Bishop Cotton High School et al. Shopaholics
find nirvana at the Total Mall, Coupon Mall, Central and the teeming shopping centers.
Numerous multiplexes, super-specialty hospitals like Apollo & Suwarnamukhi,
super luxurious hotels like Hilton, Novotis, Park Resort, and multi dimensional
recreational centers also abound. Railway stations like Bengaluru City
Junction, Carmelaram and Belandur are well linked with the area.
Indeed, Sarjapur Road has been dubbed as the most
desirable place due to its lush, verdant greens and almost endless natural lands.
The green embrace is also enhanced by water bodies like the Haralur Lake close
by.
The
upcoming projects on Sarjapur Road offer everything from super Luxury villas and apartments to
premium apartments. At Skanda
Avani , 3bhk VILLA costs 1.5 crore
onwards while a 4bhk begins from 1.65 Cr
.Similarly , in Meadow, a 4 BHK Flat is
priced upwards of 2.10 - 2.90 Cr, while
a 3 BHK Flat sized 1879 sqft in
Sobha Eternia costs 1.42 Cr. The medium ranged Mana Tropicale, Purva Skydale,
Ahad Euphoria and similar projects cost anything from 50 lakh to a crore and
above. Moderately priced flats include OakLeaf, SNN Raj Eternia, and Sai Nivas
etc that range from 30 - 50 lakhs.
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