Bangalore Real estate is always growing because of the IT sector and other infrastructure. Like other residential areas, K R Puram is a micro market which is situated in the north eastern side of Bangalore and promises to be a great destination for real estate investment. It is the most sought-after locality for the homebuyers because of its proximity to the IT hubs of Marathahalli and Whitefield. K R Puram homes are in a demand because of affordability and well connectivity to the center of the city. This area is surrounded by important localities like Mahadevapuram, Narayanapuram and Whitefield making it a quality destination with all infrastructure and facilities at an affordable price.
Strategic Location Contributes to the Property Price:
The strategic location of K R Puram is the most important factor for the rise of property price. Among the other factors which contribute towards the rise of property price are:
- It has great connectivity to the city as the three arterial road passes through this area: National Highway 4, Outer Ring Road and the State Highway 35.
- K R Puram enjoys the privilege of having its own railway station just 14 km away from the main Bangalore Railway station.
- Kempegowda International Airport is just 37 km away from K R Puram through ORR.
- The nearest Metro station is at Baiyappanahalli.
- According to the second phase Metro plan, K R Puram is supposed to get the metro connectivity through the extension from Baiyappanahalli to Whitefield.
The Metro line in this area is a major reason to attract the investors as it is obvious with the plan being implemented the area is sure to witness a huge leap in the property price.
Attractions of K R Puram:
Apart from its strategic location, it attracts buyers and has positive effect on real estate market for many other reasons like:
- City’s cosmopolitan feel
- Well-developed social infrastructure
- Best educational institutions
- World-class hospitals
With all these world class facilities the prices of property in future are very obvious to rise. Before it raises, grab the opportunity and buy an individual house in K R Puram for sale.
Source From: http://property.sulekha.com/k-r-puram-property-prices-to-rise-high_625097_blog
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