Here are the top reasons to invest in Bangalore’s Thanisandra
With the demonetization move by the Central Government in the last quarter of 2016, most of the metropolitan cities across the country have witnessed a slowdown in the real estate market. As a result, the home buyers have delayed their decision to make a property investment. Likewise, Thanisandra has also faced the same issue. However, owing to the current lower demand for housing due to the demonetization, realty sources believes that the property prices could drop down for few housing segments.
Also, the recent announcement by the finance minister in the recent Union Budget 2017 to provide infrastructure status for the affordable housing, the real estate sector is all set to witness a boom in near future.
The current prices of apartments in Thanisandra start from INR 5000 per month. The realty experts believe that the prices of properties in this region could reach INR 7500 by the year 2020. Thus, if you are looking for apartments or plots in Bangalore for investment then Thanisandra would be a safe-bet. Some of the major factors that drive the realty demand of this region include seamless connectivity to employment hubs and well-developed physical and social infrastructure.
Why should one buy a property in Thanisandra?
Strategic Location
With an advantage of close proximity to important roads such as the ORR, Bellary Road, Hennur Road and the Old Madras Road, the locality enjoys seamless connectivity to most of parts of the city. Besides, the locality also has the advantage of easy accessibility to the airport, Whitefield and the Central Business District (CBD), as well. It is located about 25 km from the International Airport, 2 km from Manyata Tech Pak and 8 km from Kirloskar Business Park. Banaswadi Railway station is the nearest railway station from this region, which is located about 8 km away from this region.
Connectivity
As the proposed infra project of widening the Thanisandra Main Road is under the pipeline, it will provide toll-free access for the residents of this locality to reach the International Airport. Apart from it, Thanisandra gets frequent bus services operated by KSRTC and by some private operators, as well. The Peripheral Ring Road and the upcoming metro rail connectivity in Thanisandra are grasping the attention of home buyers to invest in this region.
Affordability
Being one of the upcoming micro-markets in North Bangalore, the property prices are affordable here when compared to other micro-markets in the city. According to realty sources, the property prices are at least 20% — 25% less than East Bangalore.
Proximity to Employment hubs
Thanisandra has close proximity to the many IT parks and major commercial hubs. Kirloskar Business Park and Manyata Tech Park are some of the major employment hubs close to this region. Apart from it, a new Hardware Park is also in the pipeline. Thus, the demand for housing in this region has been high among working professionals.
Educational Institutions
The locality has the presence of some renowned schools like Rashtrotthana Vidya Kendra, St. George Public School, Sinclair’s High School, Touch International, Saamar International, and Federal Public School. Some of the colleges here include Rashtrotthana PU College, Kristu Jayanti, Indo Asian Academy Degree College, Presidency College, KNS Institute of Technology, etc.
