Old Madras Road Bangalore For Real Estate Investment
2024-01-25
Real Estate Investment
Old Madras Road has always been at the top of the list of every real estate listing in the city. It is also one of the most preferred residential sectors and the properties in Old Madras Road are sought after by most of Bangalore's residents.
So, here are few major reasons that attract investors in Old Madras Road:
These factors, mentioned below, make it one of the most desirable real estate locales in the city of Bangalore.
1. Real Estate Sector:
Old Madras Road is one of the most sold-out options is the plots, both residential and commercial. Some of the reputed builders that have marked their presence along the OMR include Prestige Group, Brigade Group and Shriram Developers. While the area is brimming with ready-to-move options, future perfect under-construction units are the best bet from an investment standpoint, and promise increased capital returns.
2. Transport Connectivity:
It is also a Transport Hub, with many industrial regions such as Tin Factory and NGEF. It is also close to Kempegowda International Airport and Namma Metro Phase 1 stations like Baiyappanahalli. There is also a steady line of BMTC Services that connects the entire metropolis together. In fact, most of the employed sectors in the central and east zones of the city use this roadway for transit, and this has made it into a viable commercial region as well.
3. Companies and Commercial Hub:
Old Madras Road is nearby to many significant workspaces and companies of repute such as Wipro Corporate Office, International Tech Park of Bangalore or the ITPB, Embassy Manyata Tech Park and also the KIADB or the Karnataka Industrial Area Development Board. All these easily boost up the advantage of residing in Old Madras Road and to own a home address in one of the top locales of the city!
4. Neighbourhood :
Old Madras Road is also in proximity to Yelahanka, a key locale of Bangalore's north zone. This is a rapidly developing zone, and through National Highway, it is connected to Old Madras Road. The border areas near these two regions are growing because of the nexus of trade and commerce flowing across them. It thus becomes a factor in the growth of Old Madras Road.
OMR is near to some of the major locales such as Whitefield, KR Puram and Koramangala. Whitefield is one of the major tech hubs in the city, and there are also many proposed plans to integrate the tech parks and companies within a well-sectioned Infrastructure, which gives ease to the lifestyle for the workforce such as Transport and Roadways.
5. Price Trends:
As per the Bangalore Real Estate market report the average capital per sqft in Old Madras road and other areas like Whitefield and Kormangala vary from rupees 4500/ sqft, 6100/sqft and 10,500 Sqft.
6. Civic Utility proximities:
OMR offers an advantage to stay in proximity to various schools, colleges, entertainment centres, and health care institutions. Besides, the area also ensures smooth connectivity to crucial thoroughfares of the city.
The social infrastructure along the stretch is at par with the developed localities of the city. For instance, the area is home to various educational institutions, including SB International School, Sri Chaitanya Techno School, and St. Teresa School. Medical centers such as Deepa Hospital, Government Hospital, and ESI Hospital are accessible in the range of 10 km. For entertainment and recreational purposes, Gopalan Grand Mall and Gopalan Signature Mall in the vicinity are ideal options.
Here are the Top Most Residential Projects of old Madras road handpicked by our dedicated team:
Monarch Aqua, Concorde Auriga, Brigade Exotica, Pashmina Lagoon, Salarpuria Sattva Celesta, Bren Starlight,
If you want to know more about the properties in Whitefield Bangalore you can call our property expert at +91-6366370375 or fill the Contact us form
Regrob is a Tech-Enabled Real Estate Brokerage Firm with more than 35 Branches of PAN India. We have our dedicated team in all branches that provide accurate and correct information about the project. We are the RERA certified real estate brokerage company to work in Bangalore under RERA Act with RERA No: PRM/KA/RERA/1251/310/AG/180626/000997
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