Bangalore, the IT center of the country has a fast developing real estate market which has also led to an expansion on the city’s borders. The south of the city is famous for its well laid out residential projects. On the other hand, North Bangalore has become a desired address due to its excellent connectivity via the Outer Ring Road (ORR) and closeness to the international airport. NRI preference has also boosted the luxury real estate segment in the city.
Many top brands of developers are coming up with 2 BHK flats in Bangalore. Hassle free commuting to the office, remarkable connectivity with the outer world, market and basic conveniences are some of the major features that the prospective house buyers check for before buying a residential accommodation. While the upper and the middle class look for lavish but affordable residences, the service class like those working in IT or other work sectors opt for 2 or 3BHK flats in Bangalore which has caused a steady growth of such budget houses.
2 BHK flats in Bangalore occupy maximum of the property projects as these projects include the lifestyle comforts within the gated complex. Areas like Hebbel, Whitefield, Bannerghatta road, Electronic city, Kanakpura Road and NICE road are a few of the areas having 2BHK flats in Bangalore and which are popular amongst the buyers.
Sarjapur Road is a successful place for both homebuyers as well as builders. Many residential projects have come up here in a short span of time and the locality due to its competitive and affordable pricing in comparison to other areas of Bangalore like Koramangala and Whitefield, offers smart solution to purchasers. The property appreciation will see a healthy increase in the coming years due to a continuous growth in infrastructure. Also Sarjapur Road has a tactful location with proximity to Electronic City, Bangalore, OPP, ITPL and Whitefield. Initially developed as a middle level market area, it has also some premium launches.
The demand for 2 BHK flats in Bangalore is high in areas like Sarjapur and this is mainly because of the reason that the customers belong to IT background are young generation, newly married or have just shifted to the city. A 2BHK apartment fits very well into their budget bracket and can accommodate their family size also. Thinking deeply, a small sized budget accommodation can be resold or even leased out easily. Hence, it is a smart and wise decision to invest in a 2BHK in Bangalore now, and get good returns over the next few years.