Godrej Splendour Location
With its rich innovation ecosystem, Bangalore continues to attract people worldwide, making it the favourite city among tech minds. With the IT boom, the town transformed from a slow-paced metropolis to a sophisticated buzzing city with endless growth prospects. Buyers are flocking to Silicon City to purchase homes designed to fit their lifestyles due to Silicon City’s demography, which has been beneficial to the real estate market.
It has been witnessed that the property market in Bellandur has seen optimistic growth, among the other fastest-growing regions in the city.
Growing demand for reasonable housing has also been seen in Bellandur, which is known for its high-end residential projects. Previously mainly a rural zone, the IT boom from the 1990s has drastically transformed the area, resulting in a thriving residential sector owing to multiple Special Economic Zones and corporate offices.
Marathahalli and Old Airport Road connect the locality to Electronic City’s prominent areas. It is ideal for reaching Whitefield and the Silk Board, located at opposite ends of the area and has excellent connectivity to the HSR Layout.
As a result of its clever placement on the map, this location transitions from JP Nagar to Whitefield via Bellandur, where BMTC buses connect this place with other parts of the city. As well as reducing traffic load in the entire area, the 8-lane Peripheral Ring Road will connect it to a recognized hub like the international airport.
Real Estate Potential:
Bellandur’s real estate potential is relatively stable compared to other eminent city markets. The region has a great deal of growth potential due to its competitive property rates and strategic surroundings. Capital values have increased by 5 per cent, going from Rs 5,500/sqft to Rs 5,800/sqft. The Namma metro line expansion near Bellandur will increase these rates further.
Several business districts are nearby, so working professionals flock there. Bellandur offers attractive rental returns as an investment option, with rents ranging between Rs 12,000 and Rs 2.8 lakh a month. Many working professionals prefer to live closer to their workspaces, so they rent apartments.
Investing and buying a home in Bellandur can be a very profitable decision. Bellandur has recently experienced an increase in the demand for housing options due to its proximity to technology parks, schools, colleges, and hospitals and its affordable and mid-segment properties. Namma Metro will extend from Baiyappanahalli to Whitefield and RV Road to Bommasandra, increasing housing demand further and boosting real estate prices.
Godrej Splendour is an upcoming integrated township development located in Bellandur, East Bangalore.
Phoenix Market City, Forum Neighbourhood Mall, and the HAL airport are the closest landmarks to Bellandur.