All You Need to Know About South Bangalore
Only a few cities in India have grown at such a breakneck pace as Bangalore. Rapidly appreciating property values and improved infrastructure have had a huge impact on the current real estate market in this city. With so many different options to choose from, first-time home buyers in Bangalore are often in a dilemma over which part of Bangalore they should invest in. While all localities in the city offer many investment benefits, South Bangalore is one of the most unique areas to buy a home in. With some of the oldest localities in the city located here, South Bangalore effortlessly combines the elegance and heritage of the past along with the dazzling opportunities of the future. Here is everything you need to know about South Bangalore before you decide to make an investment.
Areas within South Bangalore
South Bangalore is a vast area comprising of several established neighborhoods as well as up-and-coming new localities. J.P. Nagar and Jayanagar are some of the oldest neighborhoods in the southern part of the city and are an important part of its cultural heritage. In contrast to this is Koramangala, one of the biggest commercial hubs in Bangalore. With large malls, restaurants and offices, Koramangala is shaping up to be one of the most important localities in the city. But South Bangalore’s true potential lies in its newest localities - Electronic City, Kanakapura Road and Banashankari. These areas have been at the forefront of Bangalore’s emergence as the IT and Software capital of the country. With investments pouring in from huge MNCs and technological giants, these localities are becoming extremely important for real estate buyers.
Ease-of-Connectivity to Other Areas in Bangalore
South Bangalore is one of the best-connected areas in the whole city. Major arterial roads like Hosur Road, Sarjapur Road and Outer Ring Road connect South Bangalore with important localities like MG Road and Hebbal. Kanakapura Road and Bannerghatta Road link suburban areas in South Bangalore like Harlur, Banashankari, and Bellandur to central areas of the city. The Namma Metro line from Kanakapura Road to Nagasandra in North Bangalore is expected to slash travel times by a huge margin. The green line of the metro which runs through Silk Board and Electronic City is expected to further shrink the distance between South Bangalore and other parts of the city.
Important Companies in South Bangalore
The current real estate market in Bangalore has been largely influenced by the steady influx of huge IT corporations. Electronic City is home to some of the biggest corporations in the world like HCL Technologies, Intel, Tata Consultancy Services, Infosys and Wipro among others. These investments from MNCs have acted as a catalyst in its growth. The setting up of the Wipro campus in Sarjapur had the same effect on the development of this area. After Wipro opened its campus, other companies like Accenture, Cisco and Capgemini opened offices near this locality. Koramangala is also an important commercial locality in South Bangalore with large corporations like Bosch in addition to being the start-up hub of Bangalore. The presence of these companies in South Bangalore has led to many people moving here from all over the city and the country for better job prospects.
Social Infrastructure in South Bangalore
South Bangalore has a distinct edge over other parts of the city because it already has a superior social infrastructure in place. It is home to reputed schools like National Public School in Koramangala and Delhi Public School near Electronic City as well as top colleges like Jyothi Nivas College and St. John’s Medical College. This is why South Bangalore is one of the best places for families to invest in real estate. There are also a number of multi-specialty hospitals in South Bangalore which provide state-of-the-art medical facilities for South Bangaloreans. The advanced infrastructure South Bangalore provides is one of the top reasons to invest in this area.
Real Estate Price Trends in the Area
South Bangalore real estate prices are very competitive, offering exciting opportunities for real estate investors. Electronic City is one of the best areas in the city to invest in, with large apartments available at affordable prices. The opening of huge IT companies in the area has spurred development around the region, leading to a high appreciation in the price of the property. Kanakapura Road is another area in South Bangalore that is showing promising investment potential. The key factor behind its emergence as one of the top residential areas in Bangalore is its easy connectivity to other parts of Bangalore through the Namma Metro project. Banashankari is a huge area in South Bangalore, stretching from Kanakapura Road to Mysore Road. Due to its excellent connectivity to commercial areas of Bangalore through the Metro line, property prices are rising at a very fast pace.
The easy connectivity, outstanding infrastructure, and return-on-investment make South Bangalore every home buyer’s dream. These factors also contribute to boosting the resale value of your apartment situated in this remarkable locality. At Brigade, we offer you the most beautiful homes in South Bangalore to invest in. Brigade Omega and Brigade 7 Gardens in Banashankari are two of the best properties in this area, which are also the best real estate investment options for NRIs. Wisteria and Plumeria at Brigade Meadows on Kanakapura Road offer an upbeat lifestyle, coupled with greenery and serenity. Visit Brigade Group to explore our best properties in South Bangalore as well as other parts of the city.