Yelahanka: A Real Estate Paradise

Originally envisaged like a satellite town of Bangalore city, Yelahanka is one of the most preferred destinations in North Bangalore are the real deal estate investors today. The suburb has gained phenomenal momentum following your Bangalore Air port (BIAL) in Devanahalli came into existence.

An element 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 boost infrastructure during the past 5yrs.

Yelahanka has elevated the radar of house buyers since some time now. The area's proximity with a quantity of technology parks, housing some of the biggest MNCs that operate from the city, is really a primary reason for professionals choosing this locality to purchase their homes. Yelahanka is quite close to Hebbal, containing some really good educational institutions, and also hospitals and malls. However, real estate in Hebbal is much very costly for mid-level buyers. Hence Yelahanka is the perfect choice for them. The region is additionally very well coupled to the greater city via road and rail. The planned peripheral ring road (PRR) is anticipated to function to be replaced by the residential areas in Yelahanka too.

To tap the possibilities of this region, a number of real estate developers are selling residential apartments in Yelahanka, Bangalore. However, property prices in this field have witnessed a regular appreciation of 8-10% in last two years. Hence, individuals are buying property within the Yelahanka-Devanahalli stretch for long-term investment purpose too, as price is expected to appreciate a lot more soon.

On analyzing the existing prevalent market rates for the property rates rrndividuals are able to pay; micro markets of Electronic City and Yelahanka are nearest to buyer's pricing expectations.

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27.11.2019 19:54:14

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