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BlogBagalur: The Hottest Micromarket in Bangalore Real Estate

Bagalur: The Hottest Micromarket in Bangalore Real Estate - A Complete Guide

15/02/2023
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If you're on the lookout for the next hot spot in Bangalore's real estate market, your search ends at Bagalur. Situated in close proximity to the new airport terminal, Bagalur is easily accessible via Hennur Road from the Outer Ring Road (16 Kms) or via Bagalur Road after Yelahanka from the International Airport Road (9 Kms). But what sets Bagalur apart and makes it the hottest real estate market in Bangalore? Let's delve deeper to find out.

Aerospace and IT Parks: Fueling Bagalur's Growth

The Karnataka Industrial Areas Development Board (KIADB) has allocated nearly 3,000 acres of land for the development of an aerospace park, hardware park, and IT SEZ parks, making Bagalur an attractive destination for companies. In 2017, Shell was the first prominent company to establish its presence in Bagalur on a sprawling 52-acre campus, employing close to 1,500 professionals. Today, there's a remarkable surge in interest from other major players as well. SAP, Boeing & Collins, and a host of other companies are aggressively setting up factories, labs, warehouses, and offices in this burgeoning area.
This phenomenon mirrors what transpired in Whitefield and Electronic City in the 90s when ITPL, Infosys, and Wipro initiated their campuses in the newly formed IT zones by KIADB. Subsequently, numerous other companies followed suit, resulting in massive commercial and residential developments, with infrastructure keeping pace.

Residential Boom in Bagalur

The real estate sector has already embraced this promising market. Developers like Godrej (with Godrej Ananda), Brigade (with Brigade El Dorado), and Prestige (with Finsbury Park) have launched massive townships on lands allocated to them by KIADB for residential development. If everything you have read so far has convinced you to have a look at these properties, at Propsoch there are experts as well as detailed reviews on these properties to make real estate easy for you. 
All three projects have witnessed substantial sales, and construction is progressing at a rapid pace on all three sites.

Investing in Bagalur: A Multifaceted Opportunity

The reasons to invest in Bagalur are manifold, including its impressive growth story, attractive ticket sizes, surplus amenities, and excellent infrastructure with improved connectivity. This stands out as one of the few pockets in Bangalore where investors can anticipate a healthy return on their investment in the mid-term. While Whitefield and Sarjapur Road continue to be popular among end-users due to their proximity to offices, Bagalur presents a unique opportunity for rapid price appreciation, particularly after the COVID-19 surge.
However, with multiple projects available in Bagalur, making the right investment decision can be challenging. As a prospective homebuyer, you likely have various questions regarding ROI, floor plans, future demand, payment plans, completion timelines, and more.

Expert Guidance from Propsoch

At Propsoch, we recognize the challenges of navigating the real estate market without proper guidance. That's why we've tailored a special package focusing on the three major projects in Bagalur, offering expert insights and tools to help you make an informed decision. Our detailed financial models, meticulous analysis of sanction plans, and in-depth price sheet evaluations have shaped our insights. 
Discover the properties in Bagalur with us, with expert guidance and proper property comparisions to pick the right one for you. Head to Propsoch now.
Ourteam of market experts, architects, and vastu experts are here to guide you through our proprietary homebuying process, ensuring that you make the right investment decision. At Propsoch, we are dedicated to helping you make informed choices and eliminating any buyer's remorse. Don't hesitate to contact us today to learn more.
 

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