Bangalore has recorded high growth in real estate activities over the years. With more employment opportunities and rapid development in infrastructure, several real estate developers are launching large-scale projects in the city. In the last few years, East Bangalore has attracted attention of property developers.
Cluster of IT firms, proximity to workplaces and connectivity to prime locations are some of the major factors working in favor of East Bangalore. Let us see some of the ideal investment destinations in this part of the city.
Brookefield
One of the premium localities in East Bangalore, Brookefield enjoys good connectivity to other parts of the city via Varthur Road. In the past couple of years, the area has witnessed an appreciation by nearly 40%. Prices hover between Rs 4500 to 5300 per square feet in Brookefield.
K R Puram
With residential expansion in East Bangalore, K R Puram is fast emerging as one of the hottest realty destinations. The place is the home to some of the most affordable apartments in Bangalore. Prices of properties in K R Puram are around Rs 3500 per square feet.
Mahadevpura
Another promising locality of East Bangalore, Mahadevpura has seen the launch of many high-end residential projects. In the past couple of years, property prices have appreciated by 25% in the area. Prices hover between Rs 4500 to 4900 per square feet.
Whitefield
Over the years, Whitefield has emerged as one of the most sought-after places to buy an apartment. Connectivity to prime locations along with proximity to Whitefield railway station has prompted many property developers to launch luxury projects in the area. Property prices hover between Rs 3800 to 4200 per square feet here.
Sarjapur Road
One of the prime localities in East Bangalore, Sarjapur Road promises high return on investment in the future. Because of its proximity to prime localities, builders in Bangalore are launching top-notch projects here.
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