Posted by Plots are parcels of agricultural land. Their designated use is agricultural. Bur when a few parcels of such lands are taken up together for residential, commercial or industrial purposes, then their land use pattern from agricultural to non-agricultural has to be got approved from the Government and then developed with the necessary facilities such as water, electricity, sewage etc. Thereafter it becomes suitable for plotted developmental housing, commercial or industrial use. These works are undertaken by real estate developers. So people intending to invest in plotted developmental schemes should ensure that requisite land use permissions have been obtained from the Competent Authorities.
Discussed below are five prominent localities known for real estate investment in Bangalore:
Hennur
Hennur is a posh residential locality holding foremost ranking in north Bangalore. The underlying reasons are its close proximity to the Kempegowda International Airport [KIA]. One can find strings of 1BHK, 2BHK & 3BHK apartments which have attracted the attention of NRI and local investors. The prices of these residential units are expected to appreciate by 15-20% in the coming year.
Sarjapur
Growth of the Electronic City, Whitefield and Koramangala has been the prime mover of real estate growth in the 2BHK segment. People want to have affordable residential options. Builders make such housing configurations available near to the work places of the employees in Sarjapur villa plots for sale near sarjapur road
Indira Nagar
It is a well developed locality affording best in class civic amenities. The locale is surrounded by Vimanapura, Byappanahalli and Ulsoor, which were developed earlier to Indira Nagar sites for sale in sarjapura town ,bangalore
Devanahalli
After Whitefield, which was close to the Old Airport and developed as a major IT hub, Devanahalli is the next such IT hub as it is located close to the International Airport.
Banashankari
It is the largest locality of Bangalore and one of the 50 best investment locations of India sites in sarjapura town