Lifestyle

Property trends in Thanisandra, Bengaluru

[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

Read also : Rajkot Urban Development Authority (RUDA): All you need to know

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

Read also : NDMC to implement water harvesting provision strictly

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

Thanisandra

Source: https://ecis2016.org/.
Copyright belongs to: ecis2016.org

Source: https://ecis2016.org
Category: Lifestyle

Debora Berti

Università degli Studi di Firenze, IT

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button