Bangalore is a prominent market for IT, real estate, and other industries. Several multinational companies are investing in Bangalore and the East Bangalore region has emerged to be one of the most prominent locations for real estate investments. Some of the main reasons why the real estate developers are becoming ambitious and launching new projects in East Bangalore is due to its planned residential areas, townships, excellent amenities, etc. Other key drivers leading to realty investments in East Bangalore is its proximity to the airport and its excellent connectivity to the rest of Bangalore through highways, railways, buses, metro, etc. All these factors have boosted the real estate market and led to the development of the East Bangalore region.
Some of the key ideal locations in East Bangalore for realty investment include Brookefield, Whitefield, Sarjapur Road, Indiranagar, Marathahalli, etc. Out of all these regions, Sarjapur road has been recognized as the key spot for realty investment in Bangalore recently. Let’s see some of the reasons why Sarjapur Road is a sought location for realty investments.
Why invest in Sarjapur Road?
Sarjapur Road has been recognized as one of the best locations for residential real estate investments in Bangalore. It has also been recognized as a hotspot for real estate investment due to various factors. The residential real estate market leads the localities investment profile and listed below are some key points why real estate investments in Sarjapur Road are considered to be an excellent choice.
- The price of the property starts at Rs. 3000 per sq. ft. making it an affordable location for realty investment. It offers residential investment options across different budget groups as well.
- It is a highly sought out location for real estate investment as it is proximate to IT clusters around Whitefield, Outer Ring Road, Electronic City, Marathahalli, and Koramangala.
- The area offers investors a wide range of residential options across different budget segments.
- The area also offers access to recreational facilities such as a mall, shopping centers, restaurants, etc. Some of the key malls in the Sarjapur region include Market Square Mall, The Forum Mall, etc.
- Sarjapur road is also proximate to necessary amenities such as hospitals, educational institutions, etc. Columbia Asia Hospital is an example of good healthcare facilities offered by the locality.
- The locality also comes with excellent connectivity and sound public transportation facilities. Sarjapur is very well connected through the Outer Ring Road, SH-35, and Hosur Road.
Growing demand for property in Sarjapur Road
Sarjapur road has emerged to be the hotspot for real estate investments. Many professionals and students settle in Sarjapur road. Some of the major companies such as Infosys SEZ Tech Park, Wipro, etc. are situated on Sarjapur road. The proximity of prime locations such as Electronic City, BMIC corridor, and Mysore Road has further made Sarjapur road a great location for investment by professionals. Most of the consumers prefer to invest in the budget category between Rs. 50 Lakh to Rs. 1 crore. A leading online portal has recorded 47% of the consumers prefer to invest in 2BHK and while 45% of the consumers prefer 3BHK. Only 3% prefer 1BHK while 5% preferred 4BHKs.
Source: Magic Bricks
Comparative analysis of Sarjapur with the rest of Bangalore
The table below provides you with a comparative analysis of the price range of property and the average rent charged on properties in Sarjapur and other localities in Bangalore.
|Localities||Price of property
(per sq. ft.)
|Haralur Road||Rs. 5,200- 8,300||Rs. 27,400- 43,200|
|HSR Layout||Rs. 4,600- 7,800||Rs. 23,600- 36,300|
|Kasavanahalli||Rs. 4,300- 6,700||Rs. 19,100- 30,100|
|Panathur||Rs. 5,400- 8,000||Rs. 20, 200- 31,800|
|Sarjapur||Rs. 3,800- 7,100||Rs. 17,500- 28, 800|
|Sarjapur Road||Rs. 3,000- 7,400||Rs. 21,900- 35600|
Source: Magic Bricks
Investing in Bangalore may be a little expensive and it is always recommended that you choose locations that are proximate to the necessary amenities. You should also know which area offers you the best facilities at the best price. Sarjapur Road in the East of Bangalore has been recognized to be one of the hotspots for real estate investments due to its wide range of properties in different budget segments, proximity to public transportation, and necessary facilities such as educational institutions, hospitals, etc.
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Sarjapur Road – A Perfect Spot for Real Estate Investments FAQ’s:
Sarjapur Road is one of the best options for real estate investment along with Whitefield, Brookfield, Outer Ring Road, Electronic City, Marathahalli, and Koramangala. Many prefer to invest in Sarjapur road as it is affordable.
Yes, it is the best time to invest in Bangalore real estate market. The pandemic has brought in several advantages for investors such as stamp duty reductions, builder discounts, etc. Investment in Bangalore is never disappointing as it yields you high returns on your investments.
The North Bangalore region has been recognized as the fastest-growing localities. The main reason for this is the increased number of commercial and economic investments in the North Bangalore region.
There are several reasons why you should invest in Sarjapur road. The proximity to the airport, access to educational, healthcare, and recreational activities are some of the reasons. The major reason for investment in Sarjapur road is its proximity to IT clusters of Bangalore and also the excellent connectivity it offers to the rest of Bangalore.