When it comes to property price appreciation, flats in Bannerghatta road has seen almost 20 per cent rise at present when compared to last year statistics.
What are the reasons behind this rise? Peep into the following:
1. The improved connectivity between East and South Bangalore and the newly coming up efficient planned transport infrastructure to economic hubs which has in turn boosted the property rates.
2. The growing job market has also encouraged prospective buyers to own a home, flats in Bannerghatta road in particular, in the close vicinity of their workspots especially in and around areas such as JP Nagar where huge companies such as CISCO, IBM, Infosys, Honeywell, Accenture and Convergys are present.
3. Another major reason that has contributed to the development of Bannerghatta road is its green cover that attracts many home buyers which makes livelihood at this locality livelier.
Future Prospects of Bannerghatta road
Major concern of any prospective buyer of flats in Bannerghatta road is safety. You need not worry about it as it is fulfilled to the fullest due to developments such as connectivity and infrastructure. This boosts the demand among home buyers. Metro rail system (arriving soon) is expected to boost up the sales of flats in Bangalore. The upcoming metro rail connectivity in this locality is expected to raise the capital values of properties at Bannerghatta road. The metro station at Bannerghatta road is a part of the North-South Corridor New Line which connects Trinity Circle and MG Road to other commercial areas in the city.