Originally envisaged as being a satellite area of Bangalore city, Yelahanka is among the most popular destinations in North Bangalore 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 merely 19 kilometers through the BIAL and 14 kilometers from downtown Bangalore. The region has witnessed significant boost infrastructure before 5yrs.
Yelahanka has been doing radar of home buyers since a while. The area's proximity to some number of technology parks, housing some of the biggest MNCs that operate from your city, is a key reason for professionals choosing this locality to purchase qualities. Yelahanka is incredibly in close proximity to Hebbal, that has some really good educational institutions, as well as hospitals and malls. However, real-estate in Hebbal is much too expensive for mid-level buyers. Hence Yelahanka is a better selection for them. The region can also be well coupled to the greater city via road and rail. The planned peripheral ring road (PRR) is anticipated to operate towards the areas in Yelahanka too.
To tap the odds of this region, several real estate property developers are providing residential apartments in Yelahanka, Bangalore. However, property prices of this type have witnessed a consistent appreciation of 8-10% in latter years. Hence, people are buying property within the Yelahanka-Devanahalli stretch for long-term investment purpose too, as cost is supposed to appreciate more soon.
On analyzing the current prevalent market rates to the property rates people are prepared to pay; micro markets of Electronic City and Yelahanka are nearest buyer's pricing expectations.