The stretch in the area through the Hebbal flyover upto Devanahalli is abuzz with plans for a lot of commercial projects. The current Global Investors’ Meet, brought el born area into focus. Many industries have evinced keen interest in these industrial parks which can be approaching on 3,000 acres of land in this region and you will be able to occupy by the end of in 2010.
The widening in the Bellary Road and future connectivity through the planned Peripheral Ring Road (PRR) has also made this area a sought-after one. The PRR is aimed to get in touch Tumkur Road, Hosur Road, Mysore Road, Magadi Road, Bellary Road, Old Madras Road, and improve accessibility to Devanahalli. This can be spurring interest in residential options around these areas.
According to findings from real estate property firms, there are particular locations like north Bangalore which can be buzzing with activity. This is due to infrastructure developments like the new airport terminal, the metro project, flyovers, underpasses and road widening activities, which are encouraging developers who anticipate an improvement widely used. “Presently, real estate property in North Bangalore is undergoing rapid transformation as a result of commercialization. Also, it is noticeable the region has significant residential real estate property activity, together with commercial developments.
The provision of land parcels for commercial development is probably the main factors driving progression of Property in North Bangalore. The demand keeps growing without corresponding supply from the pipeline, apart from the existing tech park here. Other significant factors will be the proximity towards the airport, road projects and upcoming residential and hospitality developments.
Over 3,000 acres of land, hardware, IT/BT and aerospace parks will be approaching near the airport terminal. Another highlight is provision to develop residential facility for people employed in those industrial plants in about 250-300 acres of land. Some of the leading developers of Bangalore and Karnataka Housing Board (KHB) have been provided land. 100 acres have been sent to the KHB and 25 acres to private developers. Some of the projects are actually approved and some they are under consideration. While Ninety percent in the space will be allocated for industrial and commercial activities, 10 percent in the space is available housing.
You will find land parcels well over 10 acres obtainable in this micro market. The Prestige Falcon City price and also the Greater Peenya project approaching will also gain a substantial touching on the event in this region, due to the connectivity factor.
Additionally, progression of infrastructure is taking high priority in this area.
To get more information about Prestige Falcon City price see this webpage: look at this now
Be First to Comment