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Why invest in Anekal?
The Garden City has seen exponential growth over the years and is currently expanding constantly. The influx of people from the outside, both locally and internationally, has led to a bit of an overflow of the city’s populace especially in the central business district. It is only obvious that the other parts of the city have now been considered as better living habitats owning to the growing population, increasing real estate rates and the imbalance between demand and supply.
Anekal is one such area that has captured the attention of people. The fact that Anekal literally translates into “elephant stone” is a mere coincidence for this location which is known to have a rock-solid investment potential. So, what makes Anekal a favoured destination, especially in the contest of real estate development. Well, the key reason for the destination to be considered by all sorts of investors is because of its geography, pace of development, the growing infrastructure and the potential of being the next IT corridor.
The Geography
A lot of real estate activity is cantered around Anekal-Chandapura- Bannerghatta Road and it is even being heralded that Anekal is the next IT hotspot in Bangalore. The opening up of the approach road to ITPL and the sheer number of real estate and commercial development stands testimony to its rising popularity.
The realty development
Anekal is well-balanced in terms of development, on one hand, there is the residential hub of Bannerghatta road which has now become a go-t- destination for those aspiring to live a luxurious life. On the other had is the rising number of IT companies in the Chandapura belt which makes this balanced ecosystem one-of-its-kind-location – one that will be among the best in the future considering its current potential.
The Infrastructure
Infrastructure-wise, roads leading to ITPL are wide. What’s more the ground water levels are extremely good here. The area is blessed with serene environs , something that is missing in the CBD; thanks to the wildlife and protected areas in the vicinity.Construction in Anekal is following a pattern of sorts with a lot of plotted development and villa plots dominating, ensuring the tranquillity never fades.
The Potential
Commercial development is on the way of getting organized and there are several plans for some good projects that are coming up, The Chandapura stretch will continue to see IT development and in terms of residential growth, Bannerghatta road is quite saturated till the Bannerghatta Park. There may be some land left on the interior roads where development is possible.
Bangalore’s real estate development is increasingly on the lines of sectors being self-sufficient. Work, entertainment and essentials are all within a specific radius, bringing down commuting time. Anekal is well on its way to becoming one such self-sufficient reason, making it a great place for a potential investment.
There are enough reasons to invest in Anekal – the next best location in Bangalore. If you need another one, maybe suggest a drive around the locale. Rest assured, you will agree with every word said.
