Know your Neighbourhood: Electronic City, Bengaluru

Bengaluru has been featuring increasingly in the list of preferences for those who wish to invest in real estate and this has turned many key areas across the city into real estate hubs, and Electronic City tops the list here. Divided into four phases, Phase I is located next to Hosur Road, while Phase II is located to the east of Phase I and Phase III is located to its west.

E-City was originally planned by KEONICS (Karnataka State Electronics Department Corporation Limited) in 1978. Spread over 320 acres of land, E-City is divided into four phases. While Phase I and Phase II are complete, Phase III development is on-going and Phase IV land acquisition is still underway.

E-City is Bengaluru’s first smart city. It is currently maintained by the Electronic City Industries Association and home to several MNCs including IT/ITES companies (Wipro, Infosys, Siemens and Intel), manufacturing companies (GE Power Tools and Tata Power), biotech companies, residential projects, educational insitutions, malls, entertainment parks and healthcare services.

Since it is the government’s first smart city project, E-City is expected to have intelligent systems powered by Cisco. A smart city will enable its residents to connect to various public service utilities using Wi-Fi.

Real Estate Cost:

·         Mid-income housing prices – Rs. 2,800 to Rs. 5,000 per sq.ft

·         Average price per sq.ft – Average of Rs. 3,700 per sq.ft

·         Average rent for a 2BHK apartment – Rs. 15,000 to Rs. 20,000 per month

·         The average price of flats in Electronic City is INR 3523 per sq. ft. Likewise for plots and villas is INR 2479 per sq. ft.,INR 5261 per sq.ft respectively

Connectivity:

E-City is located off Hosur Road, and has good means of connectivity to Bengaluru city. The 10 km elevated expressway connects E-City to Bengaluru city. It is 9 km away from Silk Board Junction in Madiwala. Neeladri road connects E-City to Bannerghatta IT hub, while NICE Road and Bannerghatta Road allows easy connect to E-City. Bangalore Metropolitan Transport Corporation (BMTC) provides great connectivity to Kempegowda International Airport, which is about 52 kms away and Bangalore City Junction Railway Station that is about 24 km away. BMTC also provides frequent buses to various points in the city to E-City. The nearest railway stations are Heelalige Railway Station and Carmelaram Railway Station, and they are 5.8 km and 11.8 km away respectively.

Namma Metro Phase II is currently underway and will increase connectivity between E-City, E-City Phase I, Hebbagodi and Huskur Road. Phase II Metro is 72.1km long and is an extension of all major points in Phase I and has two additional lines for enhanced connectivity.

Social Infrastructure:

Over the past few years E-City has developed into one of the most preferred residential areas in Bengaluru. The fundamental reason for this is the fact that E-City has good schools, reputed hospitals, large malls and entertainment centres, all at close proximity. Commercial centres have grown exponentially alongside important roads such as Doddathogur Road. Here are some of E-City’s popular landmarks:

·         Manhattans Park

·         Electronic City Police Station

·         International Institute of Information Technology

·         ISBR Business School

·         Symbiosis Institute of Business Management

·         Infosys Golf Course

·         Crowne Plaza

E-City’s well-developed infrastructure and excellent connectivity offer prospective buyers a chance to make a lucrative investment.

Looking to buy your new home or perhaps a good rental investment? RoofandFloor has great listings for projects in E-City. Your dream property is just a click away.

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Article written by :Nisha Achuthan

Nisha is a content strategist who eats, sleeps and breathes marketing. She is an avid follower of real estate news and is fascinated by all things architecture

GREEN BEAUTY FARMS

Welcome to a place where having fun is a rule and reclining backin the evenings under a clear blue sky a custom. Theplace loads you with world class facilities and amenities. GREEN BEAUTY FARMS happens to be the safest plus the resorts and club features within complex help rejuvenate you to the maximum.

UniqueFeatures:–

Gated Community

24*7 Security with MaintenanceStaff

Government Electricity,Swimming Pool ,Club House, Party Lawn and Cricket Ground with free membership

Individual wire-fencing & an Iron Gate at the time of Plot handover

Black Carpet road from Expressway to Farm House

Road side plantation and street lights

25” – 30” road in front of eachPlot

Location Advantages:–

Good Investment Opportunity

Adjoined to “Faridabad- Noida–Ghaziabad” Highway (FNG)

Education hub and Commercial is in approach with in 2 km

Proposed Metro station is inapproach with in 2 km

At a stone throw away distancefrom J.P. wish Town

10 minute drives from KalindiKunj

2 km from Noida – Greater NoidaExpressway

Land Position	Area	Prices
noida	1008 sq yard (1 bigha)	Rs. 4200/- Per Sq Yard
Total	Price	42,33,600/-

Sizes available in the multiple of 1 Beegha.

Transaction:-	New Property (Around 500 Acre)
Possession:-	Immediate (Ready to Move)
Ownership:-	Freehold Property with Registry.
Title:-	Fully Developed Farm Land
Bank Finance:-	Nil
Current Status:-	Already developed with all basic amenities

Thanks’ & Regards:-

Green Beauty Farms

Sent by :

Manoj Kumar

Know your neighbourhood - Pallavaram

History and nature amidst modern residential colonies 

Pallavaram has a major claim to history. Archaeological finds from the region include various stone artefacts dating to the Palaeolithic Age. Pallavaram was home to the military cantonments of both the Mughals and the East India Company. With the Pallavaram Forest and Hills as a resplendent backdrop, today, the area has turned into an active hive of residential colonies.

Connectivity

Pallavaram is located on the Grand Southern Trunk Road, and is easily accessible from the IT Corridor, also called the OMR. Public transport, including, government and private buses, operate within and beyond the area. The Pallavaram Junction Bus Stand on GST Road is just 3 kms from Chennai International Airport. Buses from the stand run northwards loop around the Kathipara Junction to take commuters to any major location in Chennai, including T Nagar, Egmore, Central, Koyambedu and even Adyar. The Pallavaram Railway Station is an important transit point for residents. It has four platforms and caters to thousands of passengers daily. Auto-rickshaws and cabs are also available.

Social Infrastructure

Rich in greenery and history, Pallavaram can be considered a heritage zone. However, its urban infrastructure has made it one of the most respectably deserving areas for the epithet of an “urban Utopia”. Pallavaram has many prestigious schools – the St. Theresa Girls Higher Secondary School, Vel’sVidhyashram School, and Cantonment High School. Pallavaram Market, one of the most massive vegetable markets known, has been in operation for over 75 years, and sells goods for low prices. One of the most famous fish markets is here.

Average Home Rates

·         An apartment in Pallavaram costs between Rs. 4,800 – Rs. 5,500 per sq. ft.

·         An independent house is between Rs. 5,450 – Rs. 7,500 per sq. ft.

·         Plot layouts cost Rs. 1,200 – Rs. 1,950 per sq. ft.

·         Rental rates fall between Rs. 11 – Rs. 13 per sq. ft.

·         Monthly rental for 2BHK is between Rs. 7,000 – Rs. 10,000

·         Monthly rental for a luxury apartment is between Rs. 14,000 – Rs. 20,000

Now that you have a fair idea of where you should consider purchasing property, take the leap and look at some great options at RoofandFloor. Happy hunting!

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Article written by :Nisha Achuthan

Nisha is a content strategist who eats, sleeps and breathes marketing. She is an avid follower of real estate news and is fascinated by all things architecture