Neighborhood Watch – Sarjapur Road, Bangalore
This blog post shares with you some important elements of property in Sarjapur Road, or Sarjapura. A name which defies the perspective of many who think that real estate in Bangalore has reached its level of saturation, Sarjapur is a location which finds a sweet spot in the hearts of those looking to buy property in Bangalore.
Photo Credit: Balaji Dutt/Flickr
Tucked along the south-east end of Bangalore, this speedily emerging real estate hotspot is a favourite with those looking to buy residential property. As a matter of fact, there has been an upsurge in the demand for plots, apartments and villas in Sarjapur Road in recent times. 37 real estate projects have been launched in Sarjapur since January 2013 itself, including impressive ones like Prestige IVY Terraces, DSR White Waters, SJR Prime Corp Palazza City and SJR Paddington.
Apart from several residential properties, Sarjapur is also gaining momentum in the commercial sector. Here, you will find the names of all IT majors that you are familiar with, including the likes of Wipro and Infosys, which has recently launched a plan for a SEZ over a sprawling 200+ acres of land.
Connectivity: Sarjapur enjoys seamless connectivity to important areas such as Electronic City, Madiwala and Whitefield. The advantage of being extremely close to the Outer Ring Road plays a major role in this, as it offers uninterrupted access both to and from Sarjapur.
Hotels: When it comes to accommodation, it is not just the apartments and villas in Sarjapur which have witnessed immense growth in demand; hotels continue to be the most sought after option for business executives frequenting Sarjapur as well. Several big names from the hospitality industry have bought properties in Sarjapur Road and converted them into luxury abodes for business travellers. Popular hotels in Sarjapur include Hilton, Shangri-La, Novotel, Ibis, Octave and Orchard Suites.
Shopping Malls and Recreation: Retail outlets and commercial complexes have been thriving in Sarjapur ever since the advent of residential properties in the area. There are a vast number of shopping avenues, eateries, lifestyle stores and recreational centres, which are commonly frequented by the dwellers as well as the corporate crowd.
Educational Institutions: Apart from the residential and commercial aspect, Sarjapur Road also houses some of the most well-known educational institutions in Bangalore; Delhi Public School Bangalore, Greenwood High, Indus International and Primus Public School to name a few.
Real Estate in Sarjapur: Coming to the fact file, the past few years have witnessed a boost of real estate in Sarjapur. There have been a total of 119 completed projects, and another 118 are in the pipeline. Some of the crucial projects that have come up in recent times include Sobha Onyx, Sobha Aquamarine, SJR Eastwood, Mantri Flora, Purva Sunshine and Salarpuria Sanctity. The average price of property in Sarjapur is about Rs. 3950 per sq. ft., while the maximum and minimum prices have been Rs. 8000 offered by Paradise by Propulsive Construction and Rs. 2350, offered by S2 Housing Avantika.
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