Bannerghatta Road is one of the major stretches in the Bangalore, which has been witnessing a huge number of real estate developments over the past few years. This 50km stretch is an Indian State Highway (SH87) in Karnataka that connects Bangalore with major towns like Anekal, Jigani and Bannerghatta. BG Road comes under the administration of BBMP (Bruhat Bangalore Mahanagara Palike).
Here are some key stimulators for the growth of real estate in BG Road
As BG Road intersects with major arterial roads, the region enjoys seamless connectivity. Further, this micro market is well connected to the rest of the city via both rail and road connectivity. When it comes to transportation facility, the locality gets frequent bus services operated by the BMTC (Bangalore Metropolitan Transport Corporation).This stretch begins from Adugodi on Hosur Road and ends at Anekal taluk. Some of the major junctions along this road include Arekere Gare, Gottigere, Hulimavu Gate, Bannerghatta Circle, Adugodi and Koppa Gate. Further, intersection with Outer Ring Road (ORR) and NICE has enhanced the connectivity of this region further. Some of the major areas that are well-connected to BG Road include Jayanagar, MICO Layout, Dollars Colony, Anekal, Gottigere and Arekere Gate. All these localities have witnessing a good demand for residential properties owing this connectivity factor. The Kempagowda International Airport is located at a distance of 45 km away from BG Road. Further, Bangalore City Junction is 15k away from here.
Apart from connectivity, the region also boasts with good social infrastructure, as well. This is yet another major reason behind this region’s real estate growth. Some of the famous schools located in this region include Sarala Birla Academy, Ryan International School, AMC School, and School of India Bangalore. Apart from it, there some popular educations institutions here namely the Indian Institute of Management Bangalore, AMC Group of Institutions, T. John Institute of Technology, Universal Educational Academy, and IILM Business School. The young aspirants who come from other states of country to study in any of these institutions will certainly search for an accommodation in Bangalore. As most of the prefer living close to their campus, the demand for rental homes in Bannerghatta Road is also been high.
When it comes to healthcare facilities, the locality has the presence of some best hospitals like Apollo Hospitals, Fortis Hospital, RVM Foundation Hospital, Vijayashree Hospital, and Sri Jayadeva Institute of Cardiovascular Sciences & Research. Besides, the region also has the presence of shopping malls, restaurants, mutliplexes, theaters and places of worship.
With the presence of all these social amenities, BG Road grasps the attention of many end-users to buy an apartment or villa in BG Road. Moreover, the locality has proximity to several Information Technology (IT) hubs, as well. Thus, the demand for apartments in Bannerghatta Road has been high among the working professionals. With the proposed infrastructure developments in the vicinity of this region, the capital values are expected to increase in the following years. Thus, investing now in BG Road is certainly wise choice for property investment.