Villa plots are normally of larger dimensions as the plot is expected to provide for a number of facilities, amenities and personal privacies. Villa plots are normally situated in areas which are far from the humdrum and hustle & bustle of urban clamor plots in bangalore.
Villa Plots versus Built up Villas
Many high net worth individuals or non-resident Indians are very busy individuals who would not be in a position to oversee the development of a vill plot into a built up villa. But this is not always the case with HNIs or NRIs. They can comfortably hand over the task of building a personalized villa according to their own tastes and preferences, to a property developer and optimally raise and finish the structures to their liking. In such cases, villa plots are definitely the order of the day.
In case where investors wish to buy up a villa plot which over a period of time will appreciate in price depending on developments in the adjoining areas and then they would palm it off to desiring HNIs or NRIs.
Tracking the story of Real estate development in Bangalore
While the southern and eastern parts of Bangalore are already witnessing saturation in the absorption of real estate property, Sarjapur Road is still witnessing significant real estate activity.
Real estate development came late on Sarjapur Road. But it caught the attention of the developers now on account of its proximity to the IT clusters around Madiwala, Outer Ring Road (ORR), Whitefield and the Marathahalli-Sarjapur stretch. Further, commercial real estate development is also taking place rapidly sites in banglaore.
Early on IT major Wipro set up a campus. This is being followed by Infosys which has acquired 202 acres in the area to set up an IT SEZ. Wipro came up with a campus on the road some five years back. Infosys has acquired 202 acres in the area to set up an IT SEZ, which is expected to become operational this year.
infosys’ foray has given rise anticipation of growth in demand for residential real estate. The stretch between Varthur and Sarjapur is witnessing the cropping up of villas which in turn have potential for high market capitalization sites in banglalore.
Sarjapur Road has a large segment of upwardly mobile employees. This is on account of the locality’s proximity to the employee catchment areas, which make premium office spaces.
Properties on Sarjapur Road have been more affordable than those in the high-end neighborhoods. There is substantial population of employees on the outer ring road. This has made Sarjapur Road a major destination. It is also home to educational institutions, hospitality ventures and retail outlets.