Property in Sarjapur Road – An Upcoming Locality in Bangalore

BANGALORE, India - Jan. 2, 2014 - PRLog -- Sarjapur Road is a very future locality. There are a lot new apartment developments happening in this part of town. Top Builders including Sobha, Mantri, Purvankara, Salarpuria, and Adarsh are having excellent number of finished and ongoing projects. Development in the region started later, and now, on account of its closeness to the IT clusters around Madiwala, Outer Ring Road (ORR), Whitefield and the Marathahalli-Sarjapur stretch, as also commercial development along the road, the stretch is hot property. Wipro came up with a site on the road some five years back. Infosys has acquired 202 acres in the area to set up an IT SEZ, which is accepted to become operational this year.

Over the last two decades, Property in Sarjapur Road has strengthened its position as the leading IT/ITeS destination amongst top Indian cities. In 2012, Bengaluru commanded a 30% market-share of all of the commercial (office) real estate absorbed crossways the top seven cities (Delhi NCR, Mumbai, Pune, Chennai, Hyderabad and Kolkata). The year 2013 saw insignificant decrease in demand due to overall economic sentiments but nevertheless Bengaluru witnessed just about 8.00 million sq ft of commercial office space absorption till date. In last two years, both the years Bengaluru has observed a greater commercial amalgamation share than other favoured office destination such as Mumbai and Delhi NCR.

With enlarge commercial activities in the city, both commercial & residential real estate sectors are flourish well. The real estate in Bengaluru is proving to be a vast success is because of the decent/promising infrastructure, facilities in close call and good number of projects in prime locations. Multiplexes, gated communities, & construction with outstanding architectural designs have added to the achievement story. The real estate achievement in the city is a symbol of the saver satisfaction. Moreover, builders have delivered the projects keeping in mind the needs & demands of the possible buyers. Appreciable fact is that even the outskirts of the city is initial at a fast rate, making the projects a good buy all through the city.

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