Providing easier access to the prime commercial hubs of Bangalore, Koramangala has become a better destination for all end-users and investors.
Koramangala is an outskirt in Bangalore. It lies on the South-East part of Bangalore. However the Bangalore’s outskirt has been considered as one of the best destinations for both home buyers and investors. The experts, with deep knowledge about real estate industry, point to the close proximity of Koramangala to Bangalore.
Yes, Koramangala lies close to many commercial hubs of the city. In fact the residents have easier access to all commercial hubs of Bangalore; despite whether they are located in the Central, East and Southern regions of the city.
Adding to it, Koramangala has close proximity to some of the industrial zones of the city. So, you have no better choice than this to live close to your worksite. Now you know why this area is considered as one of the best places for you to live.
The area seems better for those looking at properties as a means of investment. Considering the higher returns provided by the area, it is really suitable for having some property investment. Moreover the investors might be interested to see that the city is growing fast, assuring better value appreciation to them.
Recent trends in the Bangalore realty market shows that the properties are highly demanded. Unlike other Metros, Bangalore has more end time –users than mere investors. This is the reason why Bangalore Realty is considered more stable than that of the other metros.
Properties in Koramangala, assuring better returns to the investors, are highly demanded by both investors and end-users. As a result, there has been an increase in the property prices as well.
According to Mr. Gaurav Pandey of PropEquity Research & Consulting, (he is the Vice-President) Koramangala has become a prime residential market due to its close proximity to many notable commercial centers.