India’s ‘Silicon Valley’ and one of Bangalore’s most coveted residential destinations; Electronic City is one of the most upcoming real estate plots in the city. It is one of the biggest IT hubs in the city and thus has a rise in luxury apartments and villas on sale.
With the influx of IT sectors and commercial growth in the Electronic City the real estate market has grown exponentially. The locality has seen a number of new International Schools and Colleges along with Hospitals, Restaurants and other amenities. Demand for apartments in Electronic City is always healthy, backed by IT professionals and other employees working in the locality.
Electronic City is one of the biggest industrial parks in the country, spread over 332 acres and comprises of three phases. After companies such as HCL, Wipro, Infosys, and other IT giants have set up base in the vicinity, the sale of apartments in Electronic city has risen up. The electronic park was founded in 1978 and it steadily became one of the world’s biggest outsourcing hubs. Apartments in Electronic City now have modern technology and offer its owners a number of facilities to live life in luxury. Presence of CCTV Cameras and safety all around makes it convenient for families to shift to the area. BMTC and BIAL buses ply in the area thus making transport to the other parts of the city convenient for all.
Infosys Campus in Electronic City Bangalore
Due to the opening of the four-lane elevated highway between Electronic City and Silk Board junction the demand for real estate increased. This made it easier to commute to and from the city. The area is still being developed and we see a great rise of not just apartments but also Luxury Duplex and Villas in Electronic City.
Connectivity with Nearby Electronic City Localities
- Hosur road connects it well to the Bangalore City Centre.
- HSR Layout, Silk Board, BTM Layout and Bommanahalli are close.
- Well-connected to the Sarjapur Orr.
- It is an hour’s drive to the International Airport.
- Availability of BMTC bus network connects.
Proximity to Employment Hubs in Electronic City
- Kalyani Tech Park and ITPL are at close vicinity.
- Areas such as Koramangala aren’t far.
- Siemens, Patni Computer Systems, CGI, Siemens, Tata Consultancy, Wipro, Tech Mahindra, Hewlett-Packard, L&T Infotech, Infosys, HCL Technologies, Services, Genpact, Intel and many such companies that promise job opportunities are present in the area.
Ebenezer International School in Electronic City
Schools in Electronic City and Other Social Amenities
Electronic City boasts of excellent social infrastructure. Reputed International schools such as Treamis World School, Gurukula Academy, and Bluebell Public School and other such institutes have set base in Electronic City. Leading hospitals in Electronic City include the Narayana Nethralaya and the Columbia Asia Hospital. Forum Mall and Royal Meenakshi Mall, to name a few are the malls present for shopping and entertainment. Devotees can pay a visit Sri Lakshmi Narayan Mandir, Ayyappa Temple and many more. Bring out the creative genius in you because Art galleries are also plenty in number in Electronic City.
Amphi Theater in Electronic City
Developing physical infrastructure in Electronic City
The city is constantly under construction and developing at a rapid rate. Tacking the problem of connectivity the government has started to construct the 8-lane ring road. This will help not just to connect but will rid the area of traffic in the entire lane corridor.
The Namma Metro Line, which is under construction from RV Road to Bommasandra, is set to pass through Electronic City.
Reasons to invest in Electronic City real estate
Considering the price trends in Electronic City and all the above factors, demand for residential spaces is slated to rise even further. The current rates are quite reasonable and there are diverse housing options, for investors in the locality, such as luxury villas and apartments. Projects like the Water grove 2 BHK & 3 BHK apartments for sale by S2 homes are coming up here, on the back of skyrocketing growth with their BMRDA and RERA approved Apartments and Villas.
Due to the continued development one might face a few issues, such as congested roads, traffic jams, and drainage problems. However, the problems seem to be temporary and should soon be resolved with the completed modern and smart makeover to the area. Overall, Electronic City makes for a great investment proposition and sale of apartments, villas, and Duplex are on in great swing.