When it comes to buying a
residential property in Bangalore, Whitefield, Jayanagar, and
Electronic City come as the obvious choices, especially for IT
professionals. But with the high-end infrastructural developments
taking place over Tumkur Road, the buyers have now another fish to
fry. More and more Bangalore flats
are now springing up in Tumkur area The apartments here come at
affordable rates and have the strategic advantage of having excellent
connectivity.
Over the years, some of the
top-class developers including Sobha, Brigade, and Prestige have
ventured into developing state-of-the-art luxury houses in this area.
Sobha developers' projects like Aspire, Habitech, and Forest View
have already grabbed the attention of some long-term investors. Till
now, 15-20 residential projects have made their way over Tumkur road.
With the proposed relocation of Peenya Industrial Area to this
location has further escalated the demands for apartments
in Bangalore.
The much-awaited Bangalore-Mumbai
Industrial Corridor(BMIC) in this area is expected to see the
metamorphosis of Tumkur's residential and commercial development. It
shall boost the socio-economic demographic of the area. The buyers of
Bangalore real estate are
going to benefit by the upcoming large industrial units like Reliance
and ITC. Another feather to the cap of the Tumkur's infrastructural
development is 111 km-long Bangalore-Mysore Infrastructure Corridor.
As it is brought into actualization, it will reinforce residential,
commercial, and industrial development in the area on a very large
scale.
The much-awaited Bangalore-Mumbai
Industrial Corridor(BMIC) in this area is expected to see the
metamorphosis of Tumkur's residential and commercial development.
With the availability of affordable housing, more long-term users are
expected to buy property here. Another shot in the arm for the
residential projects is expected to come from the proposed Metro Rail
initiative. This shall beef up the connectivity of the area to other
localities. Another thrust shall come in the form of Peripheral Ring
Road, a link connecting Tumkur and Hosur Roads. The link shall bring
into picture the intelligent transportation for the residents of
property in Bangalore.
The expectations at Tumkur are high, in terms of real estate
development. People from upper -middle and middle-class segments are
showing interest into buying property here. With the availability of
affordable housing, more long-term users are expected to buy property
here.
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a prominent real estate portal based in India. Search for 1, 2,
3-BHK apartments, shops, rental rooms, villas, condos, studio
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furnishing.
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