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Salarpuria Serene Life | Plot | Shettigere – Airport Road Bangalore

Salarpuria Serene Life | Plot | Shettigere – Airport Road Bangalore

Salarpuria Serene Life Overview

Salarpuria Serene Life Configuration

Salarpuria Serene Life Amenities

Salarpuria Serene Life Layout Plan

 Salarpuria Sattva

Kolkata in the year 1985, witnessed the Salarpuria Group embarking on an unending journey of developing superior real estate projects. The group has earned a reputed stature across all its projects sprawling in the residential, retail and commercial projects.

The group is striving towards excellence with due support of its team, which is proficient in architecture, facility management, and finance administration. Salarpuria group has successfully developed many residential, retail and commercial zones which have gratified many Indian and global patrons.

The group has always upheld the values of responsible construction by developing sustainable projects. The feat of responsible constructions has been achieved by due investments in technology up-gradation and management services.

Protecting the ecological balance and conserving energy has been few of the other commendable accomplishments of all the projects developed by the Salarpuria group.

North Bangalore Surrounding Developments

List of New Infrastructure Projects coming up in North Bangalore 

  • Widening of Bellary Road enabling fast, effortless travel (6 lane to 8 lane road – 240 – 320feet wide)
  • Proposed plan for creating an Information Technology Investment Region (ITIR) near Devanahalli
  • Elevated Expressway of 22 km from Hebbal to BIA
  • Emerging Logistics/Warehousing hubs in North Bangalore
  • SEZs coming up near airport
  • India’s first Nano park
  • Aerospace SEZ has been launched by KIADB on a 250 acre land in Devanahalli
  • KSIIDC has proposed commercial development on 309 acres of land around BAIL
  • Hi-Speed Airport Rail Link: To facilitate fast and easy connectivity a Hi-Speed Airport Rail link from CBD to the airport is proposed
  • Manipal Education is setting up a 200 acre university campus
  • Around the airport and the government has sanctioned construction of the biggest convention centre that will house two 5 star hotels on approximately 35 acres of land
  • Over 55 multinational IT companies have shown interest in the BIAL Investment Region a mammoth 12000 acres project near BAIL.
  • Infosys Technologies has signed a MoU for a 40-acre unit at Devanahalli with a proposed investment of Rs. 700 crores, providing 12,000 jobs while Wipro’s SEZ in the same area will employ 15,000 at an investment of Rs. 477 crores.
  • Proposed Trident 5 Star hotel in Devanahalli near BIAL
  • The Government of Karnataka has also proposed setting up an entertainment park named ‘Space City’ along the lines of Disneyland in Bangalore. The presence of such an entertainment attraction would confirm Bangalore’s status as a city that is gradually emerging on a global front.
  • Proposed Peripheral Ring Road, Intermediate Ring Road & Satellite ring road would improve connectivity from airport to different parts of Bangalore.
  • Upcoming Hotel Projects include The Oberoi at BIAL, Marriott golf resort and convention centre near Nandi Hills, The Taj Business Hotel further adds up to the list.
  • Industrial Development on 207 Doddabalapura Devanahalli Road

Source: Selected points from secondary source, media,internet,hoardings etc…

Bangalore : From past few years, North Bangalore is renowned as a prime residential hub of Bangalore city by housing maximum number of affordable residential units with a blend of Luxury housing. Affordable housing launches are greater in North Bangalore as compared to East Bangalore as development in Bangalore is mostly happening in the north zone suburbs due to availability of land parcels at lower acquisition costs.

In North zone, Devanahalli, Banaswadi, Hennur Road, Doddabalapur Road, Peenya and Thanisandra Road are witnessing a high scale real estate development and attracting many reputed developers to launch their new affordable projects. All these areas are the most preferred residential choices for home buyers.

North Bangalore is witnessing a hasty real estate development due to the rapid enhancement of social and physical infrastructure such as Bellary Road (Elevated express way), Mono rail, high speed rail link and Metro rail, commencement of Bangalore International Airport and excellent connectivity to prime locations and central business district. The proposed Aerospace near the airport and Information technology investment region near Devanahalli are the major growth drivers for residential development in North Bangalore. The proximity to IT growth corridor adds an advantageous to Northern suburbs for residential development.

Demand for affordable housing mostly comes from experts working in North Bangalore, mainly professionals working at Manyatha Tech Park, Kirloskar Business Park and many other Multi National companies.  The real estate market in the North Bangalore is expected to grow in the future. With an increased demand affordable projects are expected to increase in its capital value.

In order to home buyers convenience, we prepared a list of five areas in North Bangalore Which offers apartments at affordable cost.

Bellary Road:  The Bellary Road from Hebbal to Yelahanka is one of the prominent areas in north Bangalore.  The stretch has witnessed a significant growth in residential development over the last few years. The enhancement of six ways lane in this road has given much importance to this locality; it provides easy access to Bangalore International Airport. Many reputed developers in Bangalore have started their successful residential projects; this appearance of residential projects in and around the stretch has created a great impact on the development of North Bangalore. Due to the emergence of many real estate complexes, the locality is looking for brighter prospect.  The prominent areas like Ananda Nagar, Hebbal, Sahakar Nagar, Kempapapura, Hebbal, Ganga Nagar and Byatarayanapura will come under this stretch. This belt is witnessing commercial development as well.

The emergence of Bangalore International Airport, the good connectivity, presence of reputed educational institutions and health care centers, social & physical infrastructure and wide range of affordable housing have created a high demand for residential housing. This belt is also witnessing luxury apartment and villa projects along with the affordable housing segment.

Devanahalli: Devanahalli is a suburb of north Bangalore, which is located on National Highway 7 from Hebbal to Devanahalli (Bellary Road). The area is positioned 35 kms away from the Bangalore city. Devanahalli is well connected to Bangalore International Airport. Proposed social and large scale infrastructure development projects around this area will enhance its appeal as an investor’s destination. These projects include an aerospace SEZ park, IT & hardware Park and a financial district.

Devanahalli is expected to transform as a residential and IT hub in the coming years with the establishment of several residential projects and IT parks due to large banks of land at affordable prices. Planned metro rail will enhance the growth of this locality. The housing demand in this locality mostly comes from the employees working in North Bangalore. Real estate demand which is associated with professionals is expected to grow up as employees move closer to their work places. In Devanahalli most of the people are investing in plots and affordable apartments for better returns in future. In North Bangalore, Devanahalli the price property is more affordable as compared to other localities like Hebbal, Jalahalli etc.

Doddabalapur Road :The emergence of affordable segment in the real estate has brought affordable housing to north Bangalore, Doddabalapur road. This is one of the potential localities in north Bangalore for affordable housing and property investment. Affordable housing mainly coming up in this locality due to lower land cost. The proposed Information Technology development and the Aerospace near Devanahalli are working in favor for this locality. Doddabalapur road is sited 40kms away from Bangalore city with large open parcels and attracting potential investors to invest. Many reputed builders are coming up with their projects on this stretch and offering premium facilities.

The locality renders the best connectivity to major places of Bangalore city becomes the reason for its sustainability in topping the list of the affordable localities in north Bangalore to invest. Here the demand is driven by people working in and around Bangalore. Ample amount of greenery and vicinity to Bangalore International Airport adds positive gain for real estate growth.

Sourc : http://www.siliconindia.com/realestate/news/Why-North-Bangalore-is-still-Destination-of-Affordable-Apartments-nid-173216.html/2

North Bangalore: The Heaven for Realty Investors

 

The city of Bangalore has been a favourite destination for real estate investors, especially NRIs, since many years now. The Silicon Valley of India continues to attract both tech MNCs, as well as skilled professionals from all over the world. More recently, there has been an upsurge in the number of Indians returning back from abroad to the city. All these factors play an important role in making the IT hub a preferred real estate heaven.
Just a decade ago, areas like Jayanagar, Malleswaram, Koramangala, Indiranagar, or Basavanagudi used to be the localities of choice for realty investors. However, saturation in the above areas and the continuous expansion of the city has given rise to a number of new neighbourhoods, which are becoming more appealing to the buyers because of competitive price points and the availability of huge land banks. Among all the new locations, North Bangalore holds maximum importance because of the tremendous activity in the infrastructure development. If planned well, this area could turn into ‘Greater Bangalore’ like its counterparts – Noida, Gurgaon and Navi Mumbai.

1. Location:

Historically Airports have been the economic engine of growth in all major cities around the world and Bangalore too is no exception. North Bangalore started gaining limelightwith the inauguration of Bengaluru International Airport (BIA) in Devanahalli a few years back. The area, starting from Hennur to past Devanahalli, has now transformed into a bustling business corridor. With more and more Indians embracing travelling by air, the importance of North Bangalore is surely going to increase.

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2. Available land bank in North Bangalore:

The Hebbal-Devanahalli stretch, as well as Doddaballapur Road offers huge land parcels due to the lack of any major industry. Also, the cost of land is comparatively less here. These factors have attracted realty players to come up with large residential projects and commercial complexes, which can suit the needs of investors from various categories. Since the land price is going to soar in near future, the area’s long-term investment potential is bound to be excellent as compared to more saturated areas.

3. Connectivity in North Bangalore:

If we need to mention only one plus point of North Bangalore, it has to be its great connectivity. The entire stretch is well connected with the greater part of the city via both rail and road. The expressway, connecting Hebbal and Yelahanka, has reduced the commute time to the airport to a great extent. The other upcoming projects, which will make the connectivity to North Bangalore even better are: High speed rail link, which will connect the city center and the international airport; Monorail, connecting Hebbal and JP Nagar and the Peripheral Ring Road, which will link Tumkur Road , Bellary Road, Old Madras Road, Sarjapur Road, and Hosur Road.
Good connectivity is a prerequisite in making smart investment decision, since in the long term it will provide great opportunity, high returns and capital gains for the investor.

4. Infrastructure:

With BIAL all set to become South India’s busiest airport, the growth in infrastructure in this region has also gained tremendous momentum. The area has seen numerous hospitals, educational institutions and shopping malls coming up in the recent years. After evaluating the prospect of North Bangalore, the State government has decided to develop a number of projects here, which includes the planned aerospace SEZ, Rs 1,000-crore financial city and the Information Technology Investment Region (ITIR).

5. Vibrant real estate market:

The real estate market of North Bangalore offers a distinct product for almost every requirement. While one can find both premium and affordable villas, there is also no shortage of apartments and row or town houses; all at price points suitable for every budget. The stable prices and good returns, coupled with variety offers best value to the investor or the end-user.

6. Scope of appreciation:

The growth in North Bangalore is basically driven by various IT parks, airport and new infrastructure developments. The Manyata Embassy Business Park in Hebbal houses some of the biggest IT MNCs like IBM, Cognizant and Target. There are several other IT and major industry players, that are planning major facilities in the area to take the advantages of decent infrastructure, transportation and connectivity to the airport. Moreover, the infrastructure initiatives taken by Karnataka government are expected to generate over 40 lakh jobs over the next two decades. As per analysts, all these aspects will force growth in this region and will rain returns for anyone looking at investment prospects.
From the above discussion, it is evident that North Bangalore has excellent future growth probability owing to great connectivity, commercial development and land availability. While the State government vows to take care of basic infrastructure, it will not be wrong to predict that, investment in real estate here will surely generate promising return in mid to long-term.

 

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