The Perfect Abode: Top 5 Localities In Bengaluru For IT Professionals
Whether resale properties, affordable housing or high-end residential colonies, Bengaluru's real estate market has always been one of the coveted destinations for home buyers. Driven by the ever-growing IT sector and the coming of more and more professionals to the city, India's Silicon Valley is going to see a number of upcoming localities suitable for IT professionals.
So if you are an IT professional planning to buy an apartment in Bengaluru, here are the five most promising localities that could be worth your money:
Situated in north Bengaluru, Hebbal is an upcoming residential area sits within a bustling business hub. It is well-connected to other parts of the city through an efficient infrastructural network. The development of a six-lane expressway from Hebbal to the international airport will further enhance the connectivity of the region. The area has some of the renowned IT/ITES corporates including Integra Micro Software Services, IBM and Philips Software, AstraZeneca and Electronics Limited and major business parks -- Tech Park and Kirloskar Business Parks.
Owing to the presence of an IT hub, Hebbal is a preferred investment destination for home buyers. Sterling Palms and Realty Sannidhi, Godrej Woodsman Estate, Prestige Misty Waters and Brigade Caladium are some of the prominent housing projects launched in the area. Average property prices in Hebbal are Rs 5,561 per sq ft and the size of apartments in Hebbal range from 940 sq ft to 8,902 sq ft.
Hennur is yet another fast developing locality in northern Bengaluru, which is witnessing real estate as well as infrastructural development. A lot of reputed corporates have offices here. These include Emmosys Technologies Private Limited, Philips Software Centre and Jplan Infotech. Hennur offers smooth connectivity to the rest of the city and an efficient social infrastructure. In addition, there are a number of software companies in the locality, too, including, Omni Tech, Ibm India Private Limited, etc.
Popular real estate projects in the region include Karle Town Centre Zenith BY, Spring Nest by D S Max, Springdale by DS Max and Paradise by Enterprises. Average property price in Hennur is Rs 4,400 per sq ft.
One of the most prominent suburbs of Bengaluru, Whitefield houses some renowned IT multi-nationals. Initially a small village, Whitefield is the heart of IT industry where major organisations flourish including Molex India Pvt Ltd, IBM Global Service, Manhattan Associates India and Mphasis. Whitefield has the best infrastructure in terms of educational institutions, super-specialty hospitals and shopping malls. It is perfectly connected to the rest of the city through two major four-lane roads.
Whitefield is witnessing residential construction at a large scale. Besides, there is huge demand for office and commercial spaces in the area, too. Some key projects in the affordable housing segment are PR Builders Green Park and TCH Sonavi Residency; while luxury projects comprise Prestige White Meadows and Prestige White Meadows Villas. The average real estate price in Whitefield is Rs 4,880 per sq ft.
Situated in southeast of Bengaluru, Sarjapur has good connectivity to other key localities of the city. It has a well-developed social infrastructure encompassing educational institutions, malls and hospitals. Sarjapur is home to the leading IT organisation, Wipro. The company is planning to open another campus in Kodathi, an area that lies on Sarjapur Road. Besides, Skelta Software, RCS Technologies and Symbol Technology India Limited are some other renowned IT organisations situated in the region.
Owing to the growing number of IT companies in the neighbourhood, Sarjapur has a gamut of residential properties including resale properties, affordable housing properties as well as luxury individual homes. BM Developers Silver Spring, Puravankara Purva Whitehall, Sattva Group Senorita, First Futuristic Holding Lotus Palace and Brindavanam are some of the renowned realty projects you could invest in the region. Average apartment price in Sarjapur is Rs 4,565 per sq ft.
Hoskote, located on the NH-4, is a bustling locality that is witnessing growth of several IT special economic zones (SEZs) . Known as an economic hub, Hoskote is directly connected to Chennai through the six-lane super highway. Be it shopping malls, recreational centres, educational institutions or healthcare centres, Hoskote has the finest social infrastructure.
The town is witnessing active development of villas and mid-range apartments by renowned real estate developers including S & S Group, CMRS Group, Prestige Group and Artha. Important residential developments taking place in the locality entail Artha Emprasa in the affordable housing and S & S Group Royal Park in the luxury segment. The average property price in Hoskote is Rs 2,666 per sq ft.
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