Begur Road witnesses a high demand for rental homes

Located strategically on National Highway 7, Begur Road is one of the most happing stretches in Bangalore. This 8.5 km stretch begins from Bommanahalli Junction and continues till Yelenahalli near NICE Road. Over the past few years, this region has witnessing a heap of real estate developments. As the locality situated away from the hustle and bustle of the city, it has been luring several home seekers to buy or rent an apartment in Begur Road. Besides, the locality is also well-connected to major parts of the city, as well. Alongside, the improving infrastructure developments along this stretch have encouraged many reputed builders to launch new residential projects in this region. Owing to its connectivity to the ever-expanding outskirts of Bangalore city, Begur Road has emerged into the most preferred residential hub in recent times. Also, the developments along this major stretch have also played a pivotal role in booming the real estate market of localities such as Bommanahalli, Hongasandra, Begur and Yelenahalli. The five new sub-localities that extend the Begur Village are Classic Paradise, Vishwapriya Nagar, Begur Woods, Akshaya Nagar layout and Deo Heights. Here are some of the major factors that drive the real estate in this stretch; Located about 3 km from Bommanahalli circle and 7 km from Electronic City, this region has the advantage of proximity to many employment hubs. Thus, Begur Road has been the most preferred choice for working professionals who look flats for rent in Bangalore close to employment hubs. With good accessibility to NICE Ring Road, the locality is well-connected to IT hubs like Electronic City. When it comes to transportation facilities, the region is well-served by buses operated by the BMTC (Bangalore Metropolitan Transport Corporation). Apart from it, the area also gets services of private auto rickshaws and cabs to ease the connectivity of this region. Besides, the upcoming metro line phase 2 will have a station at Puttenahali, which is located at a distance of 6 km from here. Apart from connectivity, the locality also boasts with good social infrastructure in terms of entertainment arcades, educational institutions, healthcare facilities and eatery joints. The average property prices here ranges from INR 3,200 per sqft, which is quite affordable when compared to properties in Bangalore’s prime locations. This affordability factor is yet another major factor the drive the housing demand of this region. Also, the rental rates are also cheaper here. Thus, the locality attracts the young working professionals who prefer residing at rental homes at cheaper rental rates. With the upcoming infrastructure developments, the capital values are expected to increase in near future. Thus, buying a property now in Begur could fetch you good capital appreciation in the following years.