Is Investment in Electronic City Good in Bangalore?
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Is Investment in Electronic City Good in Bangalore?
Electronic City is considered to be one of the potential areas to invest because of its rental values, well-developed social infrastructure, and robust connectivity. According to reports, the average rental value in Electronic City has gone up by almost 7% in the last year and has now reached 4,600 per sq. ft.
What are Whitefield projects?
| Godrej Splendour in Whitefield | Sumadhura Eden Garden in Whitefield | Folium By Sumadhura Phase 1 in Whitefield |
|---|---|---|
| Vamsiram Jyothi Woods in Whitefield | Amrutha Heights Phase 2 in Nallurhalli | Provident Capella in Whitefield |
| Assetz Marq 3 in Whitefield | Candeur Signature in Varthur | Saroj Bluebells in ITPL |
What is the land rate in Electronic City Bangalore?
Residential land / Plot in Electronic City Phase II
| Property Details | Locality | Price (per Sqft) |
|---|---|---|
| ₹ 25 Lac – 31.25 Lac, 1200 – 1500 sq.ft.( 111.48-139.35 sq.m. ), Residential land / Plot in Chandapura | RBD Meadows , Chandapura | ₹ 2,083/sq.ft. |
Is Wipro moving out of Electronic City?
It is the end of tax rebates and a software giant is all set to move out. One of the Wipro office clusters in Electronic City 4 (EC 4), which enjoyed its 10-year tenure of rebates doled out by the state industries department, is in the process of shifting its offices from EC to another space in Whitefield.
Is Electronic City Bangalore expensive?
Though the area is popular for its infrastructure, it is touted to be one of the least expensive areas to live in Bangalore. This has given rise to the demand for ready to move flats in electronic city.
Which is the best place to buy apartment in Bangalore?
The top places to invest in Bengaluru real estate
- North Bengaluru. The northern zone of the city gets a thumbs up from most experts as a viable long-term investment option.
- Sarjapur Road.
- East Bengaluru.
- West Bengaluru.
- BTM Layout.
Are pre-launch projects safe?
The pre-launch is therefore more suitable for investors who have a high risk appetite, suggest experts. Surajit Chanda, Regional Head, Sobha Limited (Pune) says, “Investing in a pre-launched project is a high-risk option which can pay off as long as one has factored in all possible variables.
Is Electronic City safe?
Electronic City is a very safe & best locality. It is well connected by trains, buses and public transports.
Which is the most developing area in Bangalore?
The Top 5 Realty Hotspots in Bangalore to Invest In!
- Bellary Road. The Bellary road micro-market has emerged as one of the fastest growing residential areas of Bangalore with a number of infrastructure development projects coming up in the area.
- Sarjapur Road.
- Whitefield.
- Yelahanka.
- Hebbal.
Is Electronic City Bangalore rural or urban?
The sublocality Electronics City Phase 1, Electronic City falls in Bengaluru Urban district situated in Karnataka state, with a population 76348. The male and female populations are 41599 and 34749 respectively. The size of the area is about 4.84 square kilometer.
Is Electronic City good for investment?
Competitive capital and rental rates, robust connectivity and access to well-developed social infrastructure make Electronic City a potential area to invest in.
Should you buy a property during its pre-launch period?
Many developers offer pre-launch properties to raise funds even before the approvals are finalized. This way they do not need to get money from the market at a higher interest rate. You will be surprised to know that in many instances this might be the best time to purchase a property.
What is hard launching?
Hard launching is a launch system of a guided missile, where the missile’s rocket engine is ignited while still inside the launch assembly or tube. This is technically simpler than soft launching but produces a large backblast area.
