Sarjapur Road is located in the southeastern part of Bangalore and has emerged as the most sought-after luxury housing market for developers, end-users and investors alike. This is a standing testimony to the high potential the area holds for luxury residential demand.
This is an opportune time for the Sarjapur Road property market as it is the center of the IT/ITES industry situated in Electronic City, Koramangala, Whitefield, Outer Ring Road and Marathahalli.
This geographical closeness has made Sarjapur Road the most preferred choice of IT professional for residential accommodation. Due to the presence of IT companies, specifically Wipro, Infosys, HP, Accenture and Cisco the town has experienced rapid urbanization, which in turn has increased the economic activity of the locality thereby increasing the buying power of buyers who are keener on medium to high-end units.
Sarjapur is well connected by different modes of public and private transportation. Locals benefit from the social infrastructure of educational institutions, hospitals and shopping malls /multiplexes /entertainment zones.
With infrastructure development gearing up and connectivity getting speeded up, Sarjapur Road is developing into the foremost residential and commercial locality in the outskirts of Bangalore city.
Many property seekers, as well as homebuyers, are drawn to Bangalore’s realty market. Therefore, it is natural that peripheral localities develop to become sought-after destinations in time to come. One such locale that has caught the fancy of many is Sarjapur Road. The eastern and southern parts of Bangalore have already reached a saturation point. So realtors are attracted towards lesser known suburbs that offer enough space to build residential properties of global standards.
Termed as one of the fastest growing locales in the south-eastern part of Bangalore, Sarjapur Road is attracting many prospective home buyers due to its seamless connectivity to IT hubs like Electronic City, Whitefield and Koramangala. Demand for housing in Sarjapur Road is likely to sustain as there is a significant supply of office space in the supply pipeline. In the near future, a significant portion of demand for housing is expected to be for the mid-segment housing category in this micro-market. On the other hand, high-end properties are expected to do well in the medium to long-term.
Many educational institutions and healthcare facilities are located on Sarjapur Road. This factor has been responsible for attracting many families and retired personnel here. Local as well as national builders have lined up properties that are in the affordable to mid-segmented flats.
IT majors like Wipro, HP, Cisco and Accenture have found home in Sarjapur Road, which in turn is attracting the city’s floating population to the property rental market. Locals and second time home buyers are buying flats to rent them out at a future date.
Sarjapur Road is a perfect end-user market, the property is selling rapidly. The social infrastructure is also attracting the attention of very many migrants who are renting out their living spaces.