From being one of the biggest industrial hubs to a premium residential destination, Electronic City in Bangalore has come a long way. It was established in 1978 by R. K. Baliga, the first Chairman and M.D. of KEONICS, on a 332-acre area spanning Konappana Agrahara and Doddathogur villages.
He had a vision of making Bangalore the Silicon Valley of India, which has become a reality today as many domestic and international companies have made this city their base of operations. Therefore, over the years, Bangalore’s residential sector has developed exponentially.
Hence, if you are planning to invest in residential property, buying apartments in Bangalore Electronic City can be a smart choice. Keep reading this blog to find out more.
Reasons that Make Electronic City Ideal for Residential Real Estate Investment
Here are some of the reasons which make Electronic City one of Bangalore’s leading residential areas:
- Presence of Bangalore’s Main IT Hub
Electronic City is the primary IT hub of Bangalore. It is home to several world-renowned companies like Wipro, Hewlett Packard, Infosys, Tech Mahindra, BHEL, etc. This has created a ton of job opportunities, attracting talent from all parts of the country every year.
Additionally, residents of this city prefer living near their workplaces as it reduces commuting time. These joint factors have significantly increased the demand for residential apartments in Bangalore.
- World-Class Social Infrastructure
When it comes to social infrastructure, Electronic City ticks all the boxes. Right from top-grade medical care facilities like Fortis Hospitals to renowned educational institutions such as Ebenezer International School and Xavier’s Institute of Management and Entrepreneurship (XIME), this area has it all.
Furthermore, there are several banks, departmental stores, shopping malls and restaurants to facilitate hassle-free living for the residents.
- Excellent Connectivity and Transportation Facilities
Another aspect which makes Electronic City a desirable residential location is its seamless connectivity. This area has a 10 km long elevated highway that connects it to other parts of the city. Apart from this, the NICE Road and the Bannerghatta Road further contribute to E-City’s accessibility.
In terms of transportation facilities, the Bengaluru Metropolitan Transport Corporation (BMTC) makes travelling to and from Electronic City hassle-free. The Heelalige railway station also plays a major role in this area’s connectivity.
Moreover, the Kempegowda International Airport is just 50 kilometres away, making domestic and international travel a breeze. The upcoming Metro Line 3 will improve connectivity between Hosur Road, E-City Phase 1/2 and Hebbagodi.
- High Property Appreciation and Rental Yield
Many people simply buy flats for sale in Bangalore Electronic City to benefit from its long-term property value appreciation prospects. Apart from this, the area’s increasing working population guarantees stable rental income.
There are also several upcoming projects which can make property prices soar in this region. Some of them are the Peripheral Ring Road, the Yellow Line of Namma Metro, an electronic transportation system connecting the Electronic City Metro Station to Infosys and more.
Mahendra Aarya – One of the Leading RERA Approved Projects in Electronic City
If you are searching for OC obtained projects in Electronic City, look no further than Mahendra Aarya. We have premium 2 and 3 BHK flats showcasing unique luxurious features like spacious living rooms with attached balconies, bedrooms with bay windows, etc., which have been designed to perfection keeping in mind your comfort and lifestyle.
For more information on our apartments in Bangalore Electronic City, call us today!