Koramangala, an outskirt located in the South-East part of Bangalore, has become a better home destination as it offers easier access to many commercial hubs of Bangalore.
If you ask someone to tell what the importance Koramangala has, you will surely get vast number of answers. Some of them may be its closeness to many commercial hubs located in the Central, East and Southern regions of Bangalore or its easy connectivity to the Metro city.
Besides the commercial hubs the area has close proximity to some of the industrial areas as well. In short, the area holds all what is necessary for making your life convenient and comfortable. If the area can offer you everything of your dream and choice, then how can you leave it vacant and not-demanded? You can guess now.
First of all the location of Koramangala, in the South eastern parts of Bangalore, is very prime as it is surrounded by commercial hubs and industrial centers. Thus the residents of the area get easier connectivity to Bangalore and it has become one of the best areas where you can live nearby your worksite.
As Koramangala is considered as a better home destination, the demand is multiplied and so there is a price appreciation too. Investors are keen to gain some properties in Koramangala now as they are sure to gain better returns from these properties.
Mr. Gaurav Pandey, Vice-President of PropEquity Research & Consulting, told media persons that the area has become a prime residential market. Mr. Pandey said that this is mainly due to the close proximity of the area to many established commercial centers in the city.
Developers of the area, leaving a very little space for real estate development, also rose to the occasion. There are many posh villas, ultra-luxury apartments and group housing projects in the area. Besides, there is a balanced commercial development as well making the area more convenient for happier and healthier living.
