Electronic City in Bangalore is the most talked about destination when it comes to real estate development. Electronic City is grabbing the attention of property buyers as the prices for apartments near Electronic City are lower compared to other major residential areas in the city. This is because there are many under construction properties that are lower in price compared to the ready-to-move houses. The area houses some of the big names in IT and MNC majors. Hence, apartments near Electronic City become the choice of the many of those working here.
Apartments near Electronic City has become one of the favourite residential hubs in Bangalore. The alluring factor is the presence of the choicest of schools, malls, colleges, reputed hospitals, entertainment and recreation parks and above all amenities for everyday convenience. Also connectivity and travelling issues are dealt with by the elevated expressway which has seemingly cut down travel time. Investors who are looking out for potential buyers can target the workforce of the IT and MNC majors. They find the housing in this area very convenient as it becomes closer to their workplace.
Electronic City has residential properties with attractive appreciation values. The price of apartments near Electronic City falls well within the budget of the upper middle class and hence buying a property here is a good move in terms of long term and short term perspective. Also, the rental returns are great owing to the huge number of professionals that want to stay near their work place but not ready to purchase a property. Hence, owning a property here would mean a greater ROI.
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