Residential
Underrated Neighbourhoods for Real Estate Investment in East Bengaluru
January 18, 2024
Preferences of homebuyers in Bengaluru saw a gradual shift over time. Factors like vicinity to employment centres and swift commuting, etc., majorly influenced the selection of the location of real estate investment in the city. As days passed, a penchant for cleaner and greener living and the desire to escape from the city led people to gravitate toward the city suburbs.
The shift in home ownership preference resulted in the sprouting of several real estate micro markets in the city's eastern quadrant. As the Namma Metro line's construction is expected to bridge the gap between the different parts of the city, the demand for apartments in East Bengaluru is gaining momentum.
If you are looking to invest in East Bengaluru, here's a list of localities that, despite being underrated, will hog the real estate limelight in no time as per the industry experts.
Dommasandra
From being a quaint outskirt to a thriving pocket of the city, the journey of Dommasandra is an awe-inspiring chapter in the real estate history of Bengaluru. The locality seamlessly blends its rustic charm and cultural heritage with significant urban development, making it distinctive.
Located adjacent to Bengaluru's Sarjapur Main Road, Dommasandra boasts exceptional connectivity to all critical parts of the city. Well-established public transportation networks further augment accessibility. The Carmelaram Station, along the Bengaluru-Salem Railway Line, is approximately six km away, accessible via Ambalipura-Sarjapur Road. Kempegowda International Airport is about a 46 km drive via SH-35, while Byappanahalli metro station sits about 22 km from the locality.
The verdant surroundings of Dommasandra provide residents a respite from the urban hustle. With serene lakes like Dommasandra Lake and Chikkatirupathi Lake, the neighbourhood enjoys added tranquillity, offering a picturesque setting for residents and visitors alike to relish.
Enriched with a vibrant cultural legacy, Dommasandra boasts numerous temples and historical landmarks. The Sri Thirumalai Venkateshwara Swamy Temple is a prominent icon holding great religious significance dedicated to Lord Venkateshwara. Situated in proximity to this region is an upcoming residential development, Brigade Sanctuary. Spanning over 14 acres, this housing community distinguishes itself with abundant green open spaces and offers 1, 3, and 4 BHK apartments complemented by more than 35 luxurious amenities.
Bidarahalli
Tucked away from the city's bustling heart, Bidarahalli offers a serene escape while being strategically positioned for growth. Once known for its quiet charm and rustic landscapes, this locale is now evolving into a hotbed for real estate enthusiasts.
Bidarahalli is close to major IT hubs like Whitefield and Outer Ring Road, making commuting easy for office-goers. The area's easy access to arterial roads and public transport networks further enhances commuting convenience, contributing to the growing demand for apartments for sale in Bengaluru East.
What sets Bidarahalli apart is its burgeoning development scene. The area has witnessed a surge in infrastructural projects, including road expansions, improved connectivity, and planned commercial and residential projects. Such developments bode well for investors eyeing long-term growth and appreciation in property value.
Budigere Cross
Among some of the fast-developing real estate hotspots in Bengaluru, Budigere Cross deserves special mention. The area is about 12 km from Whitefield, sitting right in the heart of abundant job prospects. The proximity makes the locality a highly coveted spot for career enthusiasts. It is surrounded by major business hubs like RMZ Ecoworld, International Tech Park Bangalore (ITPL), and Brigade Tech Park.
Budigere Cross enjoys superb connectivity to all corners of Bengaluru. Key roads like Old Madras Road, Outer Ring Road, and Whitefield Main Road ensure seamless access to major employment hubs nearby. Brigade Group brings Brigade Calista, 2 & 3 BHK luxury apartments in the lucrative Budigere Cross, East Bangalore. These homes enjoy excellent connectivity to Indiranagar, Whitefield, and the Airport.
A proposed 22 km road widening project aims to link Hoskote to the KIA Road, spanning Budigere, Devanahalli, and Mylanahalli. In addition to road upgrades, Budigere Cross is well-served by public transport. The Bangalore Metropolitan Transport Corporation (BMTC) operates regular bus services, connecting the area with various parts of Bengaluru. The KR Puram-Byappanahalli station is a convenient 13 km drive from the locality for metro connectivity.
Panathur
Situated in East Bengaluru, Panathur has emerged as a highly desired residential hub within the dynamic cityscape. Renowned for its lively ambiance, vibrant markets, and proximity to the Outer Ring Road, the locale appeals greatly to families seeking an ideal living environment.
The imminent metro rail connectivity is a pivotal factor in linking Panathur with the broader expanse of Bangalore. This enhanced transport network fortifies the commuting infrastructure and fuels the burgeoning demand for flats in Bengaluru.
The upcoming Phase 2A of Namma Metro will establish a direct link from Silk Board to K R Puram, traversing Marathahalli and Kadubeesanahalli (near Panathur). Additionally, Phase 2B is slated to connect K R Puram with Hebbal, Yelahanka, and the International Airport, promising further connectivity and accessibility for residents in the area.
Conclusion
East Bengaluru's underrated neighbourhoods present a treasure trove of real estate investment opportunities. These locales, often overlooked in favour of more established areas, boast tremendous potential for growth and value appreciation. From the burgeoning charm of Panathur to the promising prospects of Dommasandra and beyond, these neighbourhoods offer a blend of strategic location, evolving infrastructure, and diverse apartment options in East Bengaluru.
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