Originally envisaged being a satellite area of Bangalore city, Yelahanka is one of the most popular destinations in North Bangalore are the real deal estate investors today. The suburb has gained phenomenal momentum following the Bangalore International Airport (BIAL) in Devanahalli had become.
A part of the Bruhat Bangalore Mahanagara Palika (BBMP), Yelahanka is definitely 19 kilometers in the BIAL and 14 kilometers from downtown Bangalore. The region has witnessed significant increase in infrastructure previously five years.
Yelahanka has been doing radar of homeowners since a while. The area's proximity to a quantity of technology parks, housing some of the biggest MNCs that operate through the city, is really a main reason for professionals choosing this locality to purchase qualities. Yelahanka is incredibly in close proximity to Hebbal, that has some really good universities, in addition to hospitals and malls. However, real-estate in Hebbal is far too costly for mid-level buyers. Hence Yelahanka is the perfect choice for them. The area is also adequately attached to the greater city via road and rail. The planned peripheral ring road (PRR) is anticipated to work to be replaced by the areas in Yelahanka too.
To tap it is likely that this region, numerous real-estate developers are selling residential apartments in Yelahanka, Bangalore. However, property prices in this region have observed a frequent appreciation of 8-10% in latter years. Hence, people are buying property in the Yelahanka-Devanahalli stretch for long-term investment purpose too, as cost is supposed to appreciate much more soon.
On analyzing the present prevalent market rates on the property rates consumers are prepared to pay; micro markets of Electronic City and Yelahanka are nearest buyer's pricing expectations.
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