properties in electronic city phase 1

 

 Ask any I.T employee in Electronic City and you would hear them raving about the comforts that the area provides but hear a slight tinge of disappointment creep into their voice when reminded about the absence of an integrated shopping mall in the area. Whether it is a date with a loved one or just escorting a friend who is visiting Bangalore for the first time, a trip to the mall is warranted but what can you do when there isn’t one in the area.  It is unfortunate that a lot of developers focused on the construction of flats and apartments in electronic city but not on a mall. Thankfully, all that is about to change as Mahendra group of companies with their previous expertise of having constructed several properties in electronic city phase1. Location It is a known fact that Electronic City is an I.T hub comprising of several multi -national companies. Some of them include Hewlett Packard, Siemens, Infosys, and Wipro, etc thus offering various career growth opportunities for working professionals. Whether you are a corporate professional looking for a place to stay for your work trip, a vacationer or someone who needs a place to stop off before you move to your permanent place of residence, scouting for accommodation is inevitable and not an easy job. Be it any need, hotels aren’t always the best idea if you want to stay somewhere, where you don’t want to burn a hole in your pocket and want to feel like you are at a home away from home.

Infrastructure The area is ideal for people of all age groups as it is not just near to the I.T companies but also to educational institutions, hospitals and shopping malls thus leading to an exponential growth in demand for the projects in electronic city be it a 2BHK or a 3BHK flat in electronic city. There has also been a proposal by the honourable finance minister to increase the circle rate from 5% to 10% for the purpose of taxation. Earlier, if the market value was less than the circle rate by more than 5%, the difference was counted as income for both the buyer and seller. But this proposal would be a boon to both parties involved and provide relief to the real estate sector. All these factors have led to an increase in the sale of properties in electronic city phase1 as it is an area where there is a constant development of infrastructure.The government is also planning on a stressed asset fund for stalled projects and the establishment of Special Window to provide priority-based debt financing for completing stalled residential projects for the affordable and middle-income housing sector. Along with these measures, the cut in GST and the RERA Act has proved to be beneficial to the buyers and sellers. Now that you know the answer, you would also want to check out the top developers for buying your dream flat in Electronic City. With limited flats for sale in Electronic City due to most of them being sold out, it is best that you book a visit before your dream home becomes someone else’s.

To conclude, be it in terms of connectivity, proximity to schools or schools electronic city is unparalleled compared to any area. How much you try to research on luxury apartments in Electronic City, you will never know the real deal as we are getting a lot of requests with most of the flats having already been bought. If you are looking for properties in electronic city phase1 Mahendra Homes would be the best choice for having constructed several 3BHK and 2BHK flats in Electronic City. So don’t waste your time now and book a visit today.






Call Us : 7676764466

Visit      :   https://mahendrahomes.com/projects/aarna-apartments-in-electronic-city/

Location: Kammasandra Village Rd, opp. to Grand Mart Hyper Market, Ananth Nagar, Phase 1, Electronic City Phase II, Electronic City, Bengaluru, Karnataka 560100, India

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