Why The Sarjapur Road Real Estate Market Is Booming

Sarjapur is regarded as the far away, barren region of southeast Bangalore. While the realty market in most parts of Bangalore seem to be reaching their peak, Sarjapur is just getting started, and it’s growing at a rapid rate. Find out why.

While the most plausible reason for growth of realty in Sarjapur is saturation of real estate markets in surrounding areas, that isn’t the only one. Here’s a list of reasons why the property market of Sarjapur seems to be flourishing.

Vital Connectivity

Sarjapur is very well connected to Whitefield, the Outer Ring Road, Marathahalli, and even Electronic City - all places of important commercial and social activity. The Bengaluru International Airport can also be easily reached from Sarjapur because of the direct route through the Outer Ring Road. There are currently about 2 lakh IT workers along the Outer Ring Road, making Sarjapur a busy corridor. You would love to live in an area like Sarjapur (near your workplace) if you’re an IT employees.

Infrastructure Developments

With all the vital connections and busy activity in the area, the infrastructure is bound to develop. If you live in Sarjapur, you need not go far for your basic needs. The locality is filled with shopping centres, supermarkets, and even restaurants and other food outlets. There are also numerous commercial and educational centres here as well, including Infosys Tech Park, Bangalore Technological Institute, and Bangalore College Of Engineering and Technology, just to name a few. The current and upcoming infrastructure in the area will steadily raise the prices.

Price Rates

As compared to other realty hotspots, Sarjapur has a relatively lower capital rate. You can buy land at the starting rate of Rs. 3500, while in Whitefield, the cheapest rate would be around Rs. 4500. Property investors are grabbing the opportunity to invest in Sarjapur land because of the cheap rates and the promise of future price appreciation.

Mix Of Properties

If you think investors are the only ones attracted by Sarjapur, you’re wrong. Many national and local builders and developers are also eyeing the untapped potential of the area with its wide open spaces. As a result, Sarjapur has both affordable and high-end projects coming up. The mix of properties with various prices makes it ideal to diversify your investment, and enriches the realty market.

Saturation Of Nearby Areas

Most areas situated close to Sarjapur are populated with people from all over Bangalore, mainly from the IT sector. Sarjapur has remained untouched in the commotion and only recently have people begun housing there. Since the area forms a part of the IT corridor, it’s a convenient location for employees. This movement to Sarjapur ultimately causes its real estate market to thrive.

Gsv Naresh is a real estate blogger who blogs about India's realty market and also gives advice on buying residential projects and flats in India.For More Information about Real estate Visit CommonFloor.