Introduction
With the rapidly evolving infrastructure of Bengaluru, more people are opting for it as their preferred location for real estate investments. Numerous areas in and around the city have become real estate hotspots. The robust connectivity and strategically planned Electronic City undoubtedly top the list. The area is divided into phases: Phase I, close to Hosur Road; Phase II, to its east; and Phase III, to its west.
Finding apartments in Electronic City (E-City) is convenient since the residential pockets have many ready-to-move-in flats and newly launched under-construction projects. So, apartments in the area are available for buying or renting at affordable rates.
In addition, we recommend investing in residential apartments for sale in electronic city. Home prices are set to skyrocket in the coming years with the extension of the proposed metro line.
Locating ideal apartments in Bangalore is no different than in other cities. Flats in Bangalore for rentals are available in various budget brackets, per different requirements.
Advantages of Living in Electronic City, Bangalore
Serene and picturesque, Electronic City is an excellent residential spot. Planned development of this area ensures easy access to all the necessary amenities nearby, including stores, hospitals, schools, and colleges.
High ROI
Electronic City offers high returns on investment with its growing infrastructure. Moreover, the proposed Phase 2 of the Bengaluru Metro will connect this area. So, the development of the metro corridor is bound to increase property appreciation.
Therefore, now is the best time to invest in Electronic City in its ideal neighbourhoods like Bommasandra, Singasandra, Hosa Road, etc.
Accessibility
Due to its proximity to the city’s central areas, Electronic City offers many location-specific benefits for its residents. In addition, good connectivity to Koramangala, Madiwala, and other significant locations makes commuting from E-City easy and hassle-free.
Outstanding Residential Options
In Electronic City, there are plenty of opportunities to invest in real estate!
Here we can find an exquisite collection of luxury villas and residential apartments with excellent amenities.
Proximity to IT parks
Commuting to work locations and commercial hubs becomes more manageable if we choose to live in Electronic City. TCS, HCL Technologies, Siemens, Intel, and other leading tech businesses are based in this area.
Additionally, it is a popular location among startups and SMEs to set up their offices. Therefore, employment prospects are immense.
Living here ensures access to luxury properties and proximity to various lucrative tech parks and professional hubs.
Ideal Residential Areas Near Electronic City
The residential neighbourhoods in Electronic City offer reasonable home-buying options. So, we have curated some ideal places to live in Electronic City as they yield high ROI and all the high-end amenities.
Singasandra
This area, five kilometres north of Electronic City beside National Highway (NH) 44, has many residential units ideal for working professionals. Harlur, HSR Layout, Basapura and Parappana Agrahara, are some areas close to Singasandra. For those looking for flats in Bangalore, this area is worth considering.
The key growth factors for Singasandra are access to NH 44, tech parks, etc. The commute time to other popular destinations, such as Bannerghatta, has drastically reduced due to the Manipal County Roads and the availability of efficient public transportation options.
Bommasandra
In contrast to Singasandra, this industrial neighbourhood is six kilometres south of Electronic City. It is a typical manufacturing & industrial zone full of rental housing possibilities for blue-collar and white-collar employees.
Hosa Road
Hosa Road’s proximity to the city makes it a natural choice for people working in the Electronic City. It is close to other well-known residential neighbourhoods, including Singasandra, Balaji Layout, and Basara. Jayaprakash Nagar and Banashankari are the nearest metro stations, separated by 12–13 kilometres.
Electronic City is Bengaluru’s first smart city and a fine place to live. This thriving office district is a perfect amalgamation of sustainability and modernity. So, in our opinion, if you are looking to invest in apartments in Bangalore, these residential neighbourhoods in Electronic City are the ideal place for you.