What You Need to Know Before Investing in Sarjapur Road
Investing in residential properties in Sarjapur is easily an ideal long-term investment option as far as Bangalore is concerned. In Sarjapur, a number of residential projects are being developed by leading builders in Bangalore, providing a range of 2 BHK and 3 BHK flats with all kinds of modern and luxury specifications and amenities in it. High rise Sarjapur apartments are in great demand today.
There are many factors why luxury Sarjapur apartments are sought after by many buyers in Bangalore.
Neighbourhood –Sarjapur Road has many educational institutes nearby, hospitals, commercial developments, etc. Moreover, a number of hotel chains such as Novotel, Shangri-La and Hilton are also being set up in this area. The presence of many IT companies in Whitefield and its proximity to Marathahalli adds to the growing popularity of Sarjapur Road.
Infrastructure push — The other important factor that contributes to its growth is the excellent connectivity via the Outer Ring Road to Whitefield, Koramangala and Marathahalli-Sarjapur Stretch. The eight-line Peripheral Ring Road connects Sarjapur Road along with Bellary Road, Tumkur Road, etc. Marathahalli-Sarjapur Road as well as Whitefield-Sarjapur Road also enjoys real estate boom and the areas boasts of numerous luxurious apartments and villas.
New Residential Projects — A few projects are ready to be launched in Sarjapur Road. Some projects comprising of Luxurious Sarjapur Road coming up in the vicinity are Asset Builders’ Asset Alcazar, Sowparnika’s Sowparnika Swastika, Puravankara’s Purva Skywood and Elite Homes’ Elite Unique.
Future Prospects — With firms like Infosys and Wipro having their operations based here, Sarjapur Road is bound to see a massive influx of IT professionals. Experts state that proximity of the location to ORR has been highly beneficial for not only Whitefield but Sarjapur Road-Marathahalli stretch as well.
Capital Values — The current capital values in this locality range from Rs. 4,000 to 6,000 per sq feet.
Residential Market Segmentation — Reports suggest that the economic class which falls in the price bracket of Rs. 40 lakh to 70 lakh tops the list and this is followed by the luxury and affordable class. Clearly, the economic class is gaining much more momentum compared to luxury and affordable class. It is because of the presence of numerous salaried professional in the locality that prefers investment which gives value for money.
Investment in Bangalore apartments proves best returns after a couple of years.
