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Vijayanagar – A prominent real estate destination in Bangalore

Topic: Real EstatePublished March 13, 2017
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Located in the western part of the Bangalore, Vijayanagar is one of the most-happening real estate markets in recent times. With recent developments in terms of social infrastructure and connectivity, the locality has transformed into a major residential hub. Some of the neighborhood areas of this region include ORR, Rajajinagar and Nagarbhavi. As the property prices are higher in these areas, the demand for residential properties in Vijayanagar has increased to a great extent. When it comes to housing options, the locality offers a plethora options for the home buyers. Especially, 2 and 3 b-bhk homes are the most preferred configurations here. With the increased demand for housing in this region, several renowned residential developers have come with many new real estate projects in Vijayanagar. Some of the ongoing projects here include Salarpuria Satva Atlana , Swati Homes, Sri Someshwara Enclave and much more. rnHere are some key factors that drive the real estate demand of this region Connectivity • Easy accessibility to the Chandra Layout and ORRrn• The Kempegowda International Airport is located at a distance of 41 km from Vijayanagarrn• Seamless connectivity to rest of the city via Mysore Road, Magadi Road and the Chord Roadrn• Also, the locality gets frequent bus services operated by the BMTC Nearby Workplaces • Wipro Corporate Office – 11.6 km via Mysore Road. • International Tech Park (ITPB) – 26.9 Km via Whitefield Main Road. • Bagmane Tech Park – 18.9 Km via Mysore Road. • Koramangala – 16 Km via Mysore Road. • Embassy Manyata Business Park – 18.4 Km via Bellary Road. Upcoming Physical Infrastructure • The proposes 8-lane peripheral ring road will reduce heavy traffic clogging in the arearn• The development of elevated expressway, will enhance the connectivity of this regionrnOnce these infrastructure projects become operational, the locality is likely to witness a boom in real estate market. So if you are planning to buy a property in Bangalore for investment purpose, investing now in Viajayangar is certainly a safe-bet. Social Infrastructure The locality’s great social infrastructure is one of the prime reasons for the realty demand here. Some of the famous educational institutes in the region include MS Ramaiah Institute of Technology, SIT College of Engineering, Bangalore University, PES Institute of Technology and National Law School of India University. There are several renowned schools here namely New Cambridge High School, RNS Vidyaniketan School, New Public English School and Shree Bharathi Vidyalaya. Apart from it, there are some best healthcare centres here which include Vijayanagar Global Hospital, Shobha Hospital, Gayathri Hospital and Sri Vinayaka Hospital.

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