Bangalore’s economic and infrastructural boom has encouraged many property developers to launch construction ventures in the city. Many real estate developers are specifically focusing on the High Net-worth Individuals (HNIs) and Non-Residents Indians (NRIs) for their residential ventures. These projects fall in the premium category and promise world-class living experience to the users.
One such micro market which has thrived because of the IT sector is Electronic City. It is located in the southern part of the city in the Anekal taluk of the Bangalore Urban district. It is considered to be one of the biggest IT Parks in the country as it covers an area of 332 acres. IT giants such as Wipro, Tech, Hewlett-Packard, Infosys, Mahindra, and Patni are just some of the names present here. There are over one lakh people who job out of Electronic City. The demand for flats in Electronic City comes generally from those who are employed in the IT firms.
Properties such as independent houses in Electronic City will for all time be in demand and can be considered as a good bet for both the end user and the financier. If you are planning to buy 2 or 3 BHK flats in Bangalore you have multiple choices. Places like Yelahanka, Hebbal, Thanisandra and Apartments in Hennur have also emerged as reasonable investment destinations. Proximity to the IT offices, affordability and easy access to other essential commodities are the key factors for development in this area.