Properties in Electronic City

 

Mahendra Homes Known for their extremely large open spaces and a penchant for greenery, their properties in electronic city Bangalore is designed to make you feel that you are living in an independent house and not a flat. Mahendra Aarna a projects near electronic city and hosts 744 Vastu compliant apartments with 3, 2.5, and 2 BHK apartments in electronic city. With more than 40 amenities that include some unique ones as well like a pet park, senior citizen’s corner, and private terrace gardens, it is certainly a dream home for any individual. it is quite tempting to buy a home but also a decision that requires considerable thought which is what must have brought you here. All this and several other factors have resulted in huge demand for residential investment in the area thus leading to a surge in the development of several projects in Electronic City phase2.

Connectivity The area is located on NH-4 connecting Chennai and Bangalore and has an expressway and 6 lane roads as well to increase its accessibility.  The upcoming Silk Board The flyover would reduce the traffic jams in the area and make the commute a lot easier for the residents. This, along with the development of Namma Metro Line 3 will improve connectivity to a huge extent. Additionally, the upcoming Hosur Airport is just 27km away and the opening of the elevated highway to Silk board has made travelling all the easier. High Rate of Return When it comes to home buying, Electronic City has the highest demand in the corridor and investors can expect rental returns of 4-5%. Electronic City has the highest demand not just for home buying but for rental as well with a demand of about 46% owing to its proximity to work locations such as Electronic City Phase-1, Infosys, and Wipro Campus. 2 BHK apartments are the most preferred for home buying as well as rental followed by 3BHK. Hence it would be wise to invest in a 2BHK or 3BHK flats in electronic city. The area is also one of the few areas to have witnessed a rise in price over the past year.

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. Additionally, the government has planned to invest 102 lakh crore in infrastructure projects in the coming 5 years which include sectors such as power, railways, urban irrigation, mobility, education, and health. 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 as it is an area where there is a constant development of infrastructure.

To conclude no matter how much you try to research on luxury apartments in electronic city, you will never know the real deal unless you book your visit soon as we are getting a lot of requests with most of the flats having already been bought. 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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