Real Estate Growth in Electronic City | Why You Should Buy Flats In Electronic City
The Electronic City located in the southern part of Bangalore is a prime location offering investment opportunities in real estate. Its proximity to various IT parks along with excellent infrastructure offers a huge potential for investors buying flats in Electronic City.
With excellent connectivity through the metro, roads and rapid development of educational institutions, hospitals and shopping malls, the prices of apartments here have grown about 14.3% since the last year and about 96.5% in the last 10 years. The blog outlines the various reasons for buying a flat in Electronic City.
3 Key Factors Resulting in Real Estate Demand
Following are some of the important factors that result in an increase in the real estate demand:
IT Industry
Bangalore, also known as the "Silicon Valley of India", employs millions of professionals within its IT sector across the country. Big conglomerates like Wipro, TCS, Infosys, Cognizant, Tech Mahindra, Continental etc. continue employing people ensuring a continuous demand for residential properties in Bangalore.
Proper Infrastructure
The Karnataka government has ensured proper connectivity of all major points from the majority of apartments in Electronic City Bangalore. Various road extension and widening projects along with proper metro connectivity are driving the demand for housing complexes in Electronic City. These infrastructural developments coupled with amenities like educational institutions and hospitals, not only attract new buyers but also investors from around the country.
Affordable Housing
A major reason for the increased demand for real estate, particularly within the Electronic City is the availability of affordable residential projects in Bangalore. Mahendra Arto-Helix offers luxury flats at competitive prices equipped with modern amenities like co-working spaces, constant security surveillance, no overlooking balcony, etc. to transform your apartment into your home.
Why Buy Flats in Electronic City as an Investment?
Did you know that the average rental yield from apartments in Bangalore alone is around 14% compared to the mere 3.3% national average?
If you are a working professional and wish to generate an extra source of income, buying an apartment and putting it up for rent is an excellent opportunity.
With the availability of numerous MNCs, you will never have to worry about finding tenants for your apartment!
Flats in Electronic City provide increased returns on investment due to the high rental income and stray appreciation of property.
Reasons to Choose Mahendra Arto Helix
Some of the reasons why Mahendra Arto Helix is the best choice for buying apartments in Electronic City:
● Location
Mahendra Arto Helix is located at Neotown Main Rd known as the residential hub within 10 minutes from Electronic City and Bommasandra Metro Station.
● Amenities
To ensure a perfect work-life balance, Mahendra Arto Helix has been equipped with state-of-the-art modern amenities like gyms, a garden, recreational zones etc.
● High Returns
With the rise in demand for apartments in Electronic City, the prices of apartments will increase. Buy our best flats in Electronic City and sell them later at an increased market value.
● Sustainable Living
We follow sustainable practices to provide an improved living experience. Mahendra Arto-Helix focuses on green initiatives with well-maintained tree courts, BBQ areas, picnic lawns, etc.
● Gated Community
We are a completely gated community with constant CCTV monitoring ensuring privacy and security.
With the steady development of Bangalore, Electronic City enjoys a promising position in increased real estate demand. The presence of various amenities nearby along with diverse housing options make Mahendra Arto-Helix an ideal choice to buy or invest in apartments.
Mahendra Arto-Helix offers flats in Electronic City that are one of the most sought-after options for investment and residence alike. If you are searching to invest in properties of Electronic City, contact us for a quick site visit and consultation.