Why You Should Buy Property in Koramangala?
Posted on 20 January 2021
Also addressed as Sollemangala by the locals once upon a time, Koramangala was a quaint little part of Bangalore. Until a few senior citizens who saw potential in the area and took it upon themselves to make this part of Bangalore a more desired and livable locality. Later the city mayor took initiative to develop parks, and the association maintained these parks. This initiative made Koramangala a greener and cleaner place in the Garden City of India- Bangalore. The development of start-ups and luxurious ready to move flats in Koramangala has made it the perfect area to buy a home.
If you are an investor looking for a great property, then here is why you need to look into buying a stunning ready to move flats in Koramangala.
Connectivity: Connectivity is an important factor to look into before buying a home. Koramangala is strategically located in the South-East part of Bangalore, an upscale residential and commercial area. It is near Hosur Road and is surrounded by areas such as HSR Layout, BTM Layout, Jayanagar and Ejipura. The Bangalore City Junction railway station is just 9km away. The Kempegowda International Airport is around away and can be easily reached by cabs or KIA buses. Major roads like the 80 feet road, Sarjapur Road and the Intermediate Ring Road are all easily accessible. The South End circle metro station is located 7km away. The under-construction metro line 3 — RV Road Bommasandra — under phase 2 is expected to be completed by 2023 which will further enhance the connectivity of Koramangala.
Social Infrastructures: Imagine buying a property which has no social infrastructure nearby, be it a simple restaurant or a shopping mall? Unimaginable, right? Koramangala is home to the best restaurants and rooftop bars, educational institutions, hospitals and shopping malls. You name it, you will find that cuisine in Koramangala. Pubs, fine-dining, cosy cafés there is an eatery option for every mood. When you live in Koramangala you don’t need to go anywhere else, because everything you need is around you. Whether you are searching for a place to eat or shop, there is a place that will suit your pocket. So, if you are on a budget you don’t have to worry!
Employment Hubs: Known as the silicon valley of India and the start-up hub of India, Bangalore has always attracted people from different walks of life to come and work here or establish their businesses. Koramangala is a breeding ground for start-ups and is very well connected to top employment hubs like Electronic City, International Tech Park, Embassy Golf Links Business Park, Embassy Tech Village and RMZ Ecospace.
Price Trends: Various factors contribute to the price trends of that particular area. The social development and employment options available also add up to the appreciation value over a period of time. The current property rate in Koramangala is an average of Rs. 11, 000/- per sq. ft. The current property rates are comparatively low compared to the rates 3-4 years back, where the price ranged between Rs. 13, 000/- and Rs. 12, 000/- per sq. ft.
If you are considering buying ready to move flats in Koramangala, then that can be best decision of your life. There are various property options available on this side of the town, from luxurious apartments to premium duplex houses. Advaitha Ventures, a premium developer established in 2006 has recently launched the second tower with 3 and 4 4 BHK luxury flats in Koramangala at their project premium project- Advaitha Aksha located at Agara Junction. Aksha is meticulously designed for a high life. It is an exclusive community of only 170 families on a 3.5 acre property with 60+ thoughtfully planned amenities and a 15,000sft clubhouse. It is a true escapade that brings you closer to like-minded, people. It offers the best environment and luxurious comfort to its residents. Advaitha Aksha is truly designed to fulfill your desire and enhance your lifestyle. Overlooking no-development zone all the way to Bellandur, Advaitha Aksha ensure you wake up to the chirping of birds and landscaped gardens every single day. Every space at Advaitha screams GO GREEN! Choose Advaitha Aksha, choose Premium Living! Book your luxury home today!