[ecis2016.org] Thanisandra, a locality where average rates have risen by around 10% in the past 3 years, has presence of around 30 under-construction, witnessing infrastructure improvement and is flanked by RMV Extension Stage II (quoting much higher rates), certainly indicates that there remains significant upside potential in this region.
Location Advantage
You are reading: Property trends in Thanisandra, Bengaluru
- Excellent connectivity to the international airport (~ 45 min) and Hebbal railway station (~ 20 min)
- Enjoys a strategic location advantage as it is located just off the Outer Ring Road (ORR) and lies in proximity to Hebbal
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Proximity to Employment Hubs
- Embassy Manyata Business Park (10 min) via internal roads
- Kirloskar Tech Park (20 min) via Jakkur main road
- Brigade Magnum (15 min) via Jakkur main road
- Karle Town Centre (20 min) via Thanisandra main road
Upcoming Physical Infrastructure
- The region will also benefit from Nagawara being a metro rail node that will connect to Gottigere in the south as part of the North-South corridor plans. Going forward, plans are also afoot in Phase 2A of the metro rail to connect Nagawara to the international airport, via either Thanisandra or Hebbal-Yelahanka
- Peripheral Ring Road (PRR) is also expected to pass through Thanisandra, thereby connecting it seamlessly with other parts of the city
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Pricing Scenario
- Current Rate: INR 4,000 – 6,000/sf
- Price Appreciation: 10% during the past 3 years
Investment Rationale
Considering the above factors, demand for residential projects may be on a rise in Thanisandra. Also, the current rate in RMV Extension Stage II (located at 20 min distance from Thanisandra) are in the range of INR 6,000 – 10,500/sf
Source: https://ecis2016.org/.
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Source: https://ecis2016.org
Category: Lifestyle
