Bangalore is referred as Asias fastest growing city and the real estate developments are catching up in the city with the same rapidity. Incorporating the new trend, property segment in the Garden City is focusing on apartments and affordable housing. Thats why 2 BHK Flat for Sale in Electronic City Bangalore are growing by leaps and bounds.
Why investors prefer apartments?
Even though, once it was known for its bungalows, with vast open spaces, lawns and gardens, these days, owing to the skyrocketed cost of land, one can hardly afford to own a bungalow. The real estate prices of independent houses have spiraled and have risen beyond the affordability of common man. Consequently apartment culture has started to pervade in the Garden City
Besides the fact that 2 BHK Flats for Sale in Electronic City are cheap from independent houses, they are preferred from security point of view as well. They have their own securities at the main gate and without getting clearance no stranger can get inside the compound. This is another reason why the sale of the apartments has risen quite steeply.
Why Suburbs are emerging as hot destinations?
The city limits of the city are getting redefined rapidly as the radius of the city is expanding resulting in the emergence of many apartments coming up in the outskirts. Compared to the main city, property prices in the outskirts are affordable and thereby many suburbs are coming up as prime residential localities. Well connectivity, sound infrastructure and improved transport add to the potential of such localities.
Being one of the classic localities in the periphery, 2 BHK Flats for Sale in Electronic City are preferred by end users. The infrastructure is world class that houses many industries such as Information Technology, BPO’s, Hardware firms. Its strategic location, good connectivity to Whitefield, Bannerghatta Road, Hosur Road, Kanakoura Road and Sarjapur Road, and frequent transport facilities contribute to the realty developments in this area.
Another reason that makes a spur in 2 BHK Flats for Sale in Electronic City is walk to work concept. It is IT hub and houses famous companies such as HCL, Infosys, TCS and Biocon. The employees working in these companies prefer to stay near office resulting in massive realty developments in terms of residential projects.
Apart from the end users who look for connectivity, property prices and infrastructure, 2 BHK Flats for Sale in Electronic City Bangalore are preferred investment options for investors too as they guarantee high returns on investment. With the expansions of IT hubs and manufacturing industries, properties in outskirts are set to witness a major hike in demand as well as prices. So, 2 BHK Flat for Sale in Electronic City Bangalore are the best bets for both end users and investors.