Thursday, February 23, 2012

Best known for its unparallel industrial and commercial growth attained in recent years, Bangalore today is one of the fastest growing cosmopolitan cities according to the sources. As the IT sectors expanded in the city, the employees enjoyed being paid in dollars and spend in rupees. This further led to frantic escalation in demand to invest in residential segment of the city specially in North Banaglore which is mostly coming from the IT and ITES companies.


Take a case of the magicbricks.com user who is keen on knowing the best localities in Bangalore preferably in north Banaglore to invest and get good retuns on. He also prefers those areas where the reselling is fast and easy.

According to Shishir Gupta, said,"Adjoining to Banaswadi region is HBR Layout, one of the largest areas in Bangalore. There are oil mills, rotary clubs and colleges situated in this reign. Arabic College, Mahabodhi Teachers Training Institue and Karnataka Institute of Leather Technology are few important colleges here. Spread along the railway line are various industries like Solar Engineering, Radahkrishna Oil Mill and Mysore Rolling Mills. Also, Vijay Laxmi industries and Frida Shoes are situated at the center of HBR Layout.

Looking from the facilities and infrastructural point, Kacharakanahalli Kere is a lake in the reign and is a source of water. The major hospitals situated here are Vet Hospital, PC Dental Hospital, Lokhandes Hospital and St. Philomina Hospital."

"In addition, the connectivity is best here. Banaswadi Railway station is the nearest station. This place is very well connected via road to other parts of the city. Accessibility The airport is located is at a distance of about 15km from HBR Layout. City Railway Station is about 30km from HBR Layout. Banaswadi Railway Station is the nearest to catch local trains. 7 Main Road and Outer Ring Road connects this place to other parts of the city as well as the outskirts. Areas Under HBR layout HRBR Layout Chellakere Nagavara are few where one can sell the property easily after 3 to 4 years."

Another user also queried about residential areas to invest in North Bangalore. Property options in upcoming areas such as Whitefield, Old Madras Road and North Bangalore offer good prospects for investment.

Source: Magicbricks.com

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