Central localities that have their saturation point are paving way for major developments along various suburbs. And with Bangalore City attracting a pool of migrant population- it doesn’t come as a surprise to see outskirts now being part of the city. While many peripheries have a carved a niche for themselves, one vicinity that is blinking high on the realty radar is Yelahanka. For a neighbourhood that started off as a satellite town earlier has been transformed into becoming one of the most sought after residential catchment area. Governed under the Bruhat Bengaluru Mahanagara Palike (BBMP), Yelahanka properties are currently witnessing a facelift and the changing landscape are luring many potential home buyers to invest here.
With a number of reputed real estate developers entering the realty market, a number of apartments in Yelahanka have mushroomed in the recent past. The green and serene environment are luring many property builders - who are now purchasing large tracts of land only to create extraordinary capital ventures. The existence of lakes like Yelahanka Kere and Puttenahalli lake are enticing many retired personnel and families to shift base here. The presence of many defence establishments like Indian Air Force’s force station and the BSF Training Center are flourishing the realty sector further. The safe and secured environment has converted this sleepy village into a bustling neighbourhood.
Apart from its social infrastructure the seamless connectivity is another factor that has flourished the realty sector. The presence of important roles like National Highway 7 has helped ease access to other parts of the city. Despite Yelahanka being a suburb, the neighbourhoods nearness to the Kempegowda International Airport has fulled housing demand. The intra-connectivity has been drastically improved by private taxis, auto rickshaws and volov buses that help ferry working professionals to neighbouring office spaces. Its proximity to State Highway 9 is another factor that has developed the commercial belt. Many retail outlets have mushroomed on this stretch, making the locality a self sustained micro market.
While all these factors are playing a pivotal role in the realty demand, developers are tapping into the growing housing influx and are coming up with various apartments in Yelahanka that range between affordable, mid segmented and uber luxurious. While apartments here are expected to hover over a price bracket of Rs 4,400 and Rs 4,800 per square feet, residential plots for sale are estimated to cost an average of Rs 36,000 per square yard. The constant demand has not only pushed property prices to soar but has also attracted a pool of investors thanks to the growing ROI (Return on Investment). Capital values of properties in Yelahanka have appreciated over 11 percent in the past one year.
The robust rental yields too are enticing many second time home buyers to invest in inventories here. 2 BHK apartments that spread over a carpet area of 1,100 square feet is estimated to cost an average of Rs 50 lakhs, however the same 2 BHK home is capable of churning a rental yield of Rs 15,000 per month- making the neighbourhood a favourable destination for many investors.
With a number of reputed real estate developers entering the realty market, a number of apartments in Yelahanka have mushroomed in the recent past. The green and serene environment are luring many property builders - who are now purchasing large tracts of land only to create extraordinary capital ventures. The existence of lakes like Yelahanka Kere and Puttenahalli lake are enticing many retired personnel and families to shift base here. The presence of many defence establishments like Indian Air Force’s force station and the BSF Training Center are flourishing the realty sector further. The safe and secured environment has converted this sleepy village into a bustling neighbourhood.
Apart from its social infrastructure the seamless connectivity is another factor that has flourished the realty sector. The presence of important roles like National Highway 7 has helped ease access to other parts of the city. Despite Yelahanka being a suburb, the neighbourhoods nearness to the Kempegowda International Airport has fulled housing demand. The intra-connectivity has been drastically improved by private taxis, auto rickshaws and volov buses that help ferry working professionals to neighbouring office spaces. Its proximity to State Highway 9 is another factor that has developed the commercial belt. Many retail outlets have mushroomed on this stretch, making the locality a self sustained micro market.
While all these factors are playing a pivotal role in the realty demand, developers are tapping into the growing housing influx and are coming up with various apartments in Yelahanka that range between affordable, mid segmented and uber luxurious. While apartments here are expected to hover over a price bracket of Rs 4,400 and Rs 4,800 per square feet, residential plots for sale are estimated to cost an average of Rs 36,000 per square yard. The constant demand has not only pushed property prices to soar but has also attracted a pool of investors thanks to the growing ROI (Return on Investment). Capital values of properties in Yelahanka have appreciated over 11 percent in the past one year.
The robust rental yields too are enticing many second time home buyers to invest in inventories here. 2 BHK apartments that spread over a carpet area of 1,100 square feet is estimated to cost an average of Rs 50 lakhs, however the same 2 BHK home is capable of churning a rental yield of Rs 15,000 per month- making the neighbourhood a favourable destination for many investors.
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