Posted by BDA Plots
The physical geographic map of Bangalore city of the 1970s and that of 2016 shows a great difference in terms of the green cover in the Garden City. Barely 20% of the original green cover is present today and the rest has been encroached upon by the growing physical infrastructure as well as real estate properties. This evidently is not a good boding on the days to come.
Most of the agricultural land in the urban, semi-urban, suburban and rural locales of Bangalore city has been used up for other uses such as residential, commercial, industrial and infrastructural purposes.
Bangalore Development Authority has taken up on itself to develop land banks into developed land for sale as real estate properties after developing these land parcels into developed plots owned by BDA for sale to end-user to prevent speculative investments in land parcels plots in sarjapura Road
Emerging scenario of Post-modern Bangalore City
Bangalore continues to attract techies, NRIs and skilled professionals from world over. Of late, Bangalore is also drawing Indians returning back from abroad and has also been attracting expats from other countries. These trends have made Bangalore a preferred real estate haven.
Jayanagar, Malleshwaram, and Koramangala, Indiranagar or Basavanagudi were preferred real estate locations only a decade ago. However, change in real estate trends and the continued expansion of the city have led to making North Bangalore lately the preferred destination for real estate investment.
Below explained are the key factors for potentiality of North Bangalore
Location of the International Airport in the north makes the area a key growth area. Therefore there have been several flyovers and road widening projects undertaken in the past few years. Major IT hubs and SEZ parks have come up recently in north Bangalore.
North Bangalore offers huge land banks due to the major developments and future developments are attracting many realty players. According to recent study results, north Bangalore market is going to turn into Greater Bangalore sites in bangalore
North Bangalore is well connected with large parts of the city by road as well as by rail. Because of the expressway from Hebbal to Yelahanka travel time to airport has considerably come down. High Speed Rail Link, Monorail, Peripheral Ring Road etc., will make north Bangalore connectivity dense and networked.
North Bangalore has come up well due to infrastructure development and connectivity. Real estate market here offers the complete range of housing suiting income levels of all types.