Bangalore Suburbs Set to Get a Developmental Boost

Bangalore suburbs are prepared to get a boost in terms of residential prices because of the growth corridors being planned around and in Bangalore. As a city, Bangalore has an advantage over the other Southern cities which is that it can expand in all four directions. The right kind of planning is required in order to make it grow. Because of the growth taking place in the city, the connectivity of suburban areas is slated to improve significantly.

What is causing this growth? 

The KIADB or Karnataka Industrial Areas Development Board has been acquiring tracts of land for the purpose of development. Other authorities which are collaborating for the sake of development of civic infrastructure area Bangalore Development Authority or BDA, the BBMP or the Bruhat Bangalore MahanagaPalike and the NHAI or National Highway Authority of India. The acquisition of lands for the purpose of developing civic infrastructure is going to directly impact residential projects here.

If the growth corridors are expanded then localities such as the BTM Layout, Banaswadi, Hosur Road, Hennur, KR Puram, Sarjapur, Kasavanahalli, Tumkur Road and Hebbal and Magadi Road. The state government is focusing on the Metro line along with the state highway which is set to impact the Mysore Road and makes it connected to the city centre without glitches. There has also been talks of an initiative for making the KR Puram-Hebbal to be signal free which would reduce travelling time between East and North Bangalore and it would act as a boost to the residential projects which fall along the route.

Elevated Expressway on the Tumkur Road

The second stage of growth is supposed to be taking off in west along the Tumkur Road. In the last two years, Tumkur Road and the areas near it became focused upon by landowners because land parcels are available and the connectivity of the area is slated to improve in the coming years.

When the elevated expressway of Tumkur Road would come up alongside the existing highway, travelling to Nelamangala is slated to better. The announcement of the BMIC or Bangalore Mumbai Industrial Corridor is slated to impact the whole NelamangalaTumkur Corridor in the north western region. Areas such as Dabaspet, Nelamangala and Peenya are supposed to be impacted.

The Peripheral Ring Road which is being planned will connect the key arterial roads of Old Madras Road, Bellary Road, Sarjapur Road and Hosur Road to Tumkur Road and development by this route would be promoted as well. Moreover, connectivity through NICE Corridor would further provide incentive to development of this region and people can expect the interconnectivity of the area to improve much.

Connectivity via Metro 

The metro railway is an ambitious project which is slated to serve the expansion of a rapidly growing city such as Bangalore. The first phase of the metro railway which would connect key areas of the city is slated to be operational by 2015 while the Phase II shall be an extension of the Phase I tracks which would connect to JP Nagar in South, Whitefield in East, Nelamangala in North and Kengeri in West.

 

Moreover, two lines more are supposed to ply from Nagawara to the area of BTM Layout and Gottigere to Bommasandra. By 2019, this phase of the metro railway is slated to be operational. Plenty of projects such as those of 3BHK, 2BHK and 1 BHK flat in Bangalore are available but what a buyer must ascertain are issues such as safety, lifestyle amenities and water prior to buying a property.

Infrastructure is much crucial to the development of any city because it improves connectivity in various parts of a city and also makes inaccessible areas more accessible. A city with good civic infrastructure in place is also great as a brand. It shows that a city is efficient and planned well and is growing in an organized way and hence should attract investments.

The growth story and landscape of real estate of Bangalore has been quite dramatic because of the periodic upgrades in infrastructure. The biggest example of infrastructure leading growth has been seen in north Bangalore. NH 7 has been upgraded as it is a part of Golden Quadrilateral project while a 22km stretch to Bellary Road has been improved with an elevated expressway which allows easy travelling to the airport. These infrastructural improvements have led to the strengthening of locations all around. The economic centres of the east and south have been connected well via the ORR or Outer Ring Road and the Hebbal flyover.

The expressway of Bellary Road has made commuting to the airport smooth, easy and time saving. People entering the city would have a good impression of it. Areas such as Amruthahalli, Yelahanka, Doddaballapur Road and Jalahalli would pick up in the long run. Those who work in the textile park close to Doddaballapur Road find it easier to trade within the city. Realtors believe that the middle segment homes would do well here. A lot of developers have planned projects near Chikkaballapur for 3 and 2BHK along with 1BHK in Bangalore. Several malls have also been planned in Yelahanka.

The Phase III of the Metro Railway shall have lines which would connect areas such as Camelaram in South and then Hebbal and Kogilu Cross.  An added edge shall be provided to residents of north Bangalore with Metro connectivity. Already a good part of north Bangalore has been boosted thanks to the Bellary Road widening. Widening of Thanisandra Road and Hennur Road has provided a boost to home property development in the areas close by. Very soon, commercial developments are slated to take place.

The Peripheral Ring Road that has been planned shall be connecting several key arterial roads. Roughly 65kms shall be covered in the Phase I of this projects, from Hosur Road to Tumkur Road to Doddaballapur Road, Old Madras Road and Bellary Road and Sarjapur Road. Land acquisition tenders have been called and this is slated to provide some boost to the suburbs, aside from aiding important industrial and commercial development. Mid sized housing would primarily be boosted because of the creation of the PRR.

An Apartment For You In Bangalore

Bangalore is a booming city in India. Most people have some relative or the other moving to Bangalore to study or work. Bangalore has a number of IT and electronics parks where MNCs have their head offices located. Because of the large inflow of people, there has been a boom in the number of residential complexes.

There are a number of large construction companies that operate in Bangalore and they are developing large tracts of land into residential complexes. These residential complexes are highly secure and they offer all possible luxuries to residents. The complexes are gated and these gates are guarded by security men round the clock. Fire alarms have been placed on every floor and floors have security cameras installed on them as well. These complexes have water supply at all times of the day, which is quite commendable given the fact that Bangalore has water crises. The communities have large stretches of greenery around which makes the air less polluted. These complexes also have community halls, gymnasiums, swimming pools and facilities for playing games indoors and outdoors.

Apartments in Bangalore

The apartments are developed along the 2BHK and 3BHK styles. A lot of construction work is going on in the neighbourhoods of Hosur, HSR Layout, Marathahalli, Whitefield etc. Per square feet rate of these apartments is quite high. For 2BHK apartments, one would have to shell out between Rs 2500-Rs 3000 per square feet while for 3BHK apartments one will have to shell out Rs 3000- Rs 3500 per square feet. Interested buyers can log into the websites of these builders and look at the floor plans on offer. These apartments are constructed keeping in line with the tenets of Vaastu. If you want to paint your walls in a certain way or get additional construction work done on these apartments, you can rope in a designer of your own. These apartments are also approved by various banks and financial institutions which is why you can take out loans from banks to buy an apartment.

Most neighbourhoods in Bangalore have schools, hospitals, banks and other basic amenities and hence residents will not have any problem with the availability of basic amenities. Some residential complexes even have departmental stores in them as well so that residents do not have to go out anywhere to buy their groceries.

Properties is not only for comfortable living but it is also for the purpose of investment. The cost of apartments is increasing at an alarming rate and many people want to cash in on this. They buy an apartment at a very cheap price and then sell it off when they get good returns on their investment.

If you are interested in buying an apartment in Bangalore, then you can look up classifieds to sell flats on various websites. These classifieds websites have special tabs dedicated to apartments and you can add a location, budget and furnishing filter (fully, semi and unfurnished) to find the best apartment for you.