While the entire Bangalore is observing substantial growth, Electronic City is the most preferred neighbourhood for residential plots. Located in southern Bangalore, it is a prominent IT hub with a great social atmosphere. Whether you want to build a dream house or make a real estate investment, plots for sale in Electronic City are worth exploring at the time.
The demand for residential properties is continuously growing in Bangalore. Therefore, property prices in the outskirt areas have witnessed a considerable jump.
Electronic City, along with KR Puram and Yelahkhana, are the areas where apartment cost is very high. In the upcoming years, the plot prices will increase more. If you want to invest, it’s the best time to look for plots in Electronic City.
So if you ask us whether you should buy a residential plot in Electronic City, Bangalore, we would advise you to go for it.
Top Reasons Why Plots in Electronic City are Ultimate Choice
Though Electronic City is not situated in the central part, it is a prominent neighbourhood in Bangalore. We all know it as one of the major IT hubs in India.
The Karnataka State Electronics Department Corporation Limited (KEONICS) had planned this area in 1978. R. K. Baliga, the 1st chairperson and MD of KEONICS was the key person behind the concept of Electronic City.
Originally, the area was planned for the electronic industry only. However, as the IT sector started blooming in India during the 1990s, it began becoming a hub for tech firms.
Some renowned companies in Electronic City are Infosys, TCS, Tech Mahindra, and HCL. In addition to these, numerous tech startups are there.
Electronic City is divided into four different phases. While Phase 1 and 2 are complete, the remaining two are still developing. The total area of Electronic City comprises 800 acres.
Everyone knows EC (Electronic City) as an IT hub. However, it is also one of the perfect places to reside in Bengaluru. It offers a friendly environment with a lot of recreational activities.
Let us learn why one should explore residential plots for sale in Electronic City Bangalore.
Abode of IT Companies
It is not a secret that Electronic City is the epicentre of IT companies. Tech professionals can leverage opportunities offered by several tech companies, business parks, and startups available here.
Even if you are not into the IT sector, you can check out residential plots for sale in Electronic City Bangalore. You can build standalone apartments and PGs and cater to IT professionals looking for a residence.
Excellent Roads & Public Transport Connectivity
We all know that the traffic jam is a massive problem in Bangalore. Therefore, the area you live in must have better access to public transport. Fortunately, Electronic City provides you with that.
The neighbourhood is well-connected to the city centre and areas like Koramangala, Madiwala, etc.
Some main roads Electronic City is connected to are Hosur, Neeldari, Bannerghatta and NICE.
Apart from this, the Electronic City flyover, Silk Board flyover and Peripheral Ring Road take its connectivity to the next level.
If you plan to buy villa plots in Electronic City Phase 1 or 2, you do not need to worry about connectivity.
World Class Infrastructure
Once known as a suburban area, Electronic City offers world-class infrastructure to its citizens. From well-developed roads to hospitals to schools to malls, it has everything.
Today, it is home to several multinational corporations. Besides this, renowned educational institutes like ISBR Business School, Treamis World School, DPS, and Xavier Institute of Management & Entrepreneurship are also there.
Several upcoming projects are lined up in Electronic City. If you want to invest in real estate for your future venture, it is the right time to check out the diverse range of plots for sale in Electronic City.
In comparison to other areas of Bangalore, the real estate market in Electronic City is thriving rapidly.
Excellent Social Structure
Most people think Electronic City is just an IT hub. It is more than that. It offers residents a great social atmosphere. Especially in Electronic City Phase 2, there are a lot of renowned entertainment centres and options for recreational activities.
People who buy plots in Electronic City Phase 2 can enjoy different recreational activities.
Some notable tourist attractions in Electronic City include Veerasandra Lake, Somiya Street Garden, Phase 2 Park, Hebbagodi Lake Park, etc. The Freedom Park in the Vicinity is a centre for numerous cultural activities.
Final Conclusion: Should I Invest in Plots in Electronic City?
Yes, investing in plots in Electronic City can be a profitable opportunity. Considering its location, infrastructure, connectivity and employment opportunities, we can say it offers everything.
Even the market trends suggest that Electronic City can be a good choice from an investment point of view. You can buy a villa plot in Electronic City to get good returns on the investment.
Are you interested in buying plots in Electronic City? Take your first step with Ceyone now.
Frequently Asked Questions
Yes, it offers a myriad of facilities to residents. Over the years, it has evolved into one of the most preferred residential areas in Bangalore. Some factors that appeal to people are infrastructure, job opportunities and connectivity.
It depends on your preferences. You can decide based on your lifestyle preference, budget and proximity to work. For example, Phase 1 is one of the most established areas with well-developed infrastructure. Phase 2 is an extension of the IT with residential apartments and gated communities. Other areas are also growing rapidly.
Generally, no. However, like with any real estate investment, possible risks could be fluctuations in the market rate and changes in regulations. It is advisable to seek suggestions from a reputable local real estate company. It can help you make informed decisions.