Bagalur is a village ideally situated in the Bangalore Urban region of Karnataka. Recently, it has gained significant prominence as a profitable residential market. Various factors have attracted investors and more individuals to live here or buy a residential property in Bagalur. Keep reading to gain more understanding of Bagalur and its recent developments. Bagalur is expected to become a rapidly growing property hub of Bangalore. The area is seeing a rapid surge in business and residential property values. It houses many commercial and residential properties built by the country’s most renowned construction companies.
This development can be significantly contributed to the establishment of the Aerotropolis by BIAL in the information technology, Aerospace, and Hardware Park by the KIADB. Other important expansion initiatives include the construction of the Elevated Expressway to BIAL and the Devanahalli Business Park. The KIADB is building a vast park in Bagalur over a massive area of 950 acres to host various IT enterprises and Aerospace industries inside. Furthermore, the KIADB hardware park features a 250-acre large special economic zone (SEZ), which will soon house corporations like Boeing, Airbus, and Bombardier.
Bagalur is close to vital business districts such as Jakkur, Hebbal, Yelahanka, Thanisandra, Budigere Cross, and Devanahalli. The area also has its commercial center B Fouress Ltd, all in this tiny village. Major IT corporations like IBM, Cognizant, and even the Manyata Tech Park, which features various IT firms, are around 17 kilometers from the location. Shell Research Centre and SAP are other essential landmarks. The Metro rail line, which will link North Bangalore to the south in just 40 minutes, is another expansion that will likely positively affect the real estate market of Bagalur. For potential investors, these projects show that housing prices start skyrocketing as the site’s infrastructure and communication network enhances.
Bagalur is experiencing significant growth, with several schools, universities, healthcare centers, and shopping and entertainment hubs. In addition to these massive educational institutions, a private go-karting track is leading to a stir among motorsports lovers. Besides, only some individuals know that Bagalur has a huge FIFA-recognised venue for several professional football fans. This sports venue, on Hennur-Bagalur Road, is an excellent location for professional sports enthusiasts.
Away from the traffic congestion and city chaos, many restaurants, resorts, hotels, spas, and cafes along the Bagalur-Devanahalli stretch deliver a peaceful respite for city residents and travelers who visit the city for business purposes. Many central and government schools and colleges are located right in the heart of Bagalur. North Bangalore is famous for its strong links to all three modes of transportation: air, road, and rail. And so, Bagalur is also seamlessly well-connected. The Kempegowda International Airport is the nearby airport to Bagalur. The shift of Kempegowda International Airport from Domlur to North Bangalore has positively boosted the residential market. In addition, the area is well-connected through the Bellary Road and the Outer Ring Road. The Purple Line of the metro network joins Bagalur Layout in Maruthi Seva Nagar. Additionally, the under-construction Namma Metro Phase II network extends its Green line, linking North Bangalore to South in 45 minutes.
Bagalur offers many alternatives for anyone wishing to live or invest in the property long-term. Property prices in Bagalur keep fluctuating; if investors want to increase their return, they must act according to market conditions. The average price of properties in Bagalur is around 45 lacs. Property in Bagalur varies in price from 70 lacs to 21.62 crores. Hence, Bagalur is a relatively inexpensive place to rent a flat. It’s also an excellent investment opportunity, as the year-on-year surge in residential prices in Bagaluru is approx. 31.73%. Private builders have bought large areas of land to build gated communities. As a result, a massive plot range is available for individuals interested in investing in land and building a home.
The city of Bagalur has witnessed an increase in the number of residents and investments owing to several factors. Bagalur Lake, situated on the city’s fringes, has filled after many decades, and the area’s treated water has assisted the lake spring back to life. Local Farmers in the vicinity are positive that the initiative will raise the water level. The terrain in this site is fertile, and inhabitants buy various vegetables and commercial products sold in the markets. All these make Bagalur a prime hub for purchasing a plot close to agricultural land. Bagalur has recently become quite famous as an up-and-coming profitable residential market. Additionally, Bagalur has excellent connections. The airport nearby to Bagalur is Kempegowda International Airport. You should surely buy a property in Bagalur, Bangalore.
Godrej Properties' residential property, Godrej Ananda is ideally situated in Bagalur, Bangalore North. A total of 20.33 acres of the area are included in the project. A 10 percent open space is included in the property. Housing has been made public in the share of 806 units. Apartments and Studio Apartments with an excellent blend of modern architecture and the characteristics of the project ensure comfortable living surroundings. 1RK, 1BHK, 2BHK, and 3BHK are the distinct apartment arrangements. The project has outstanding connectivity and is positioned among existing and rising neighborhoods and facilities at BK Halli Road, intersecting Bagalur Aerospace Park, Gummanahalli, and Bagalur. A fully developed clubhouse, landscaped gardens, gym, swimming pool, entertainment rooms, outdoor sports courts, kids' play area, AV Room, and party hall, and ideally planned with utmost importance to state-of-the-art tight security are just a few of the 25+ conveniences available at the property. The Bagalur region is a small area located a few kilometers outside Bangalore. The road links critical Bangalore townlets such as Malur, Hoskote, Whitefield, Bommasandra, Dasarahalli, and others.
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