Located approx 55km from the IT capital- Bangalore, Kanakapura Road is becoming a viable investment option. It is rapidly gaining the position of one of the most sought-after locations for the real estate development plans. The place has a well-built connectivity to different parts of the city which is further improved by connecting the Kanakapura Road to the NICE Ring Road. Kanakapura Road already stands at an advantageous position in regards to the water supply, infrastructure development, connectivity etc. making the region one of the best options for the investors. The locality has several projects which are to be materialized soon. If you are looking for investing in a property then Kanakapura Road would be one of the best options.
The real estate industry has witnessed many changes in the past two few years due to various reasons including demonetization, RERA implementation, and GST. However, people looking for property and investors are always stuck with a question whether they should opt for properties inside or outside the city. An investor will find a huge difference in the price equation in the real estate market with proximity to the city center. A buyer with a limited budget is required to invest smartly since it is a decision of his lifetime.
Buyers and investors with a limited budget should always opt for a property in 15 to 30 km range from the city. Within such a range potential buyers would be able to get a pocket-friendly and satisfactory property.
Buying a property outside the city
If you are planning to buy a property outside the city then you should be aware of the benefits and possibilities that you can avail. Buying a property outside the city is like investing for the future because the development and growth margin of the area is much more than the already developed areas within this city.
If you are in search of property to purchase in Bangalore then investing in areas such as Thanisandra - Hennur Road, Kanakapura Road, Mysore Road belt could give promising returns.
However, if you want to purchase a property or invest in a project outside the mainstream city then you should consider certain things. The factors that you should consider are:
*Water supply sustainability.
*Check the distances of a marketplace, good hospitals, and schools.
*Always check how much time you will take to commute to your workplace.
*Check the feasibility of transport system.
Sobha Arena - A Beautiful Living Development
Located in the Kanakapura Road, Bangalore, Shobha Arena is an ultimate reflection of the urban chic lifestyle. The township has many exclusively designed residential apartments fitted with all modern and advanced features and amenities. The apartments are available in 2 BHK and 3 BHK configurations with beautifully crafted interiors and exteriors. The modern craftsmanship, fittings, and fixtures, together make each home in the complex an epitome of elegance and simplicity. The township is strategically located in Kanakapura Road and promises its residents verdant surrounding and good connectivity to all the important points of the city. There are many famous schools, hospitals, shopping destinations, tech parks and every civic amenity in the vicinity.