Krishnarajapuram, among locals fondly known as KR Puram is the official headquarters of Bangalore east taluk with most of the government offices situated around that area. KR Puram is geographically located in the junction of Old Madras Road and Outer Ring Road, with a Bangalore-Chennai broad gauge line running via this region. KR Puram is also very famous for its cable bridge that was built in 2003, which proudly is one of the best bridges till date. This place is very popular for its trade dealings in the locality. Farmers from around the area bring in their fresh produce and trade it here in their weekly market. Once the weekly market has now become a place for hawkers who come there every day and sell their produce and the government collects a minimal tax from them for selling there.
The presence of prominent developers has been grabbing a lot of attention and with such wonderful connectivity it’s fair to understand that this place has been trending in the recent times. With its proximity to many of the main IT parks and commercial hubs, many people come into this locality to find themselves a home. Capitalizing on the population that is moving into this locality, many big developers have come in with affordable apartments for sale in KR Puram. In the recent times KR Puram also has few of the best educational institutions and schools with all the population moving in.
Malls and other shopping avenues within the locality, the localities don’t have to travel out and far for entertainment. The new affordable apartments for sale in KR Puram already come with excellent amenities like mini movie theatre, party hall, and club house and play area for children within the residential complex. According to the recent analysis the price trend in KR Puram has been from approximately Rs.1400 to Rs.3800 since 2009 to current date. Realtors wanting to take this opportunity for the early-movers advantage, few still think KR Puram is not the ideal location for short term investments. With its connectivity to Whitefield which is currently booming with IT companies and other IT offices, KR Puram is a good long-term investment area for buying properties for sale in KR Puram.
Majorly known to house only industries and small business, KR Puram is throwing a question in market amongst analyst about how the growth will be in the next decade. While some analysts feel that in the next few years we can see slow but steady growth in properties for sale in KR Puram, others feel that this area will actually start to see any development only after 5 or 6 years and that could also be steady and consistent. The current generation of investors are invariably home buyers who come into the market to find a residential properties for sale in KR Puram. These current investors are mostly IT employees who want to take advantage of the proximity to other suburbs and IT hubs around KR Puram.