East Bangalore Connectivity for all Places
According to a special real estate response market report by consultants Cushman & Wakefield, Bangalore largely driven by end-user demand witnessed the highest number of unit launches amongst the top seven cities in India, adding to over 22,000 units with majority of them (close to 90 per cent) in the affordable and mid-end segment category. The residential market has been less speculative with property being affordable compared to other metros, leading to continued end-user interest. With development of peripheral locations and developers offering residential units in various ticket sizes, the buyers have variety of options to choose from. The first half of this year witnessed a considerable uptrend in the number of unit launches with organised developers launching large affordable projects in peripheral areas such as Budigere Cross in the east, Anekal Road-Attibele in the south, Tumkur Road in the north and Mysore Road in the western part of the city. Locations such as East Bangalore registered a rise of 6 per cent in high-end and 5 per cent in mid-end primarily due to IT hub proximity and demand from IT employees. Investment purpose apartment is new launch by Shriram Properties, Shriram Blue is top selling apartment in Whitefield, Bangalore and good connectivity to all social facilities.
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Source: https://www.thehindu.com/features/homes-and-gardens/the-emerging-bangalore-east/article5150178.ece
