Begur Road, Bangalore: new gold mine of real estate industry
Introduction
The Begur Road of Bangalore previously which was a place of prime
importance in the time of Chola dynasty and Western Ganga
dynasty quite recently even was a not-so-promising locale with the
unveiling of the upcoming project of Prestige ‘Prestige Song of South’,
has now seen new dawns. This place recently creating a lot of buzz in
the real estate market and is emerging as one of the real estate
hotspots of Bangalore. Let’s check out the reasons for the
same.
Connectivity
The strategic location and ranking amongst the very few roads
of Bangalore which connects various important roads and
locations of the city are the main reasons for this sudden action.
• The begur – jigni road is proposed to become an 80 feet road
• Layout of begur to Hisar road through AECS
• Bannerghata to begur road via Hulimavu
• Begur to Bommanahalli road via Hongasandra
• Begur to Electronics City Road via Bettadasanapura
Advantage in terms of price
Coupled with the connectivity this place enjoys the moderate real
estate rates which are a plus for the investors.
• Highest Locality Price: Rs 4,522 per Sq-ft - 9%Trends Up
• Average Locality Price: Rs 3,624 per Sq-ft - 9%Trends Up
• Lowest Locality Price: Rs 2,727 per Sq-ft - 11%Trends Up
• Average rental of 11,500 per month for a 2 BHK
The presence of the necessary facilities
There is no dearth of necessary facilities like schools, banks and
hospitals, etc. here you can find Kavya Hospital and Jayashree
Multispeciality hospital along with the schools like Candor
International, Delhi Public School as well. Apart from that, you can
get multiple eateries, shopping malls, food joints etc.
Upcoming residential projects
In order to encash these facilities and the affordable pricing various
renowned developers have started developing new residential
complexes here. Some of them are
• DLF Westend Heights New Town
• Concorde Midway City
• Raj Serenity
• Classic Paradise
• Radiant Redwood
Chance of appreciation
Though Begur road has all the earthy amenities and facilities that
one can seek to live a comfortable life still the real estate prices are
affordable in compare to other places of the city. So this place is
experiencing new real estate projects. If you are an investor you
have every reason to invest in here and expect to gain handsome
return in near future.