Is Investment in Electronic City Good in Bangalore?

Competitive capital and rental rates, robust connectivity and access to well-developed social infrastructure make Electronic City a potential area to invest in. “Whitefield and Electronic City are two of the most prominent real estate locations in Bangalore.

Does electronic city comes under Bangalore Urban?

The city of Bangalore is situated in the Bangalore Urban district. Electronics City is situated in Anekal Taluka. The district had a population of 6,537,124 of which 88.11\% is urban as of 2001.

Is Electronic City Phase 1 or 2 better?

One such flourishing region in South Bangalore is Electronic City real estate market. Phase 1, being far more aesthetically appealing than Phase 2 is the major reason why property rates are slightly higher in Phase 1. In 2003, additional land of 122 acres was obtained by the government to construct Phase 3.

How many phases are there in Electronic City?

Electronic City is one of the most prominent technology hubs of Bangalore spread over 332 acres in Konappana Agrahara and Doddathogur villages. It consists of three zones called phases? Phase I, Phase II and Phase III and have many tech majors, industrial units and residential complexes.

Is it worth buying a flat in electronic city?

Both from a long-term as well as a short-term perspective, investing or buying property in Electronic City is a good move. Even the rental returns are good due to the large number of working professionals who want to stay close to their workplace but are not yet ready to buy a property.

Is electronic city expensive?

Cost of Living Though the area is popular for its infrastructure, it is touted to be one of the least expensive areas to live in Bangalore. This has given rise to the demand for ready to move flats in electronic city.

Is Electronic City Posh?

Electronic City is a very posh location and nearby big companies like Infosys, TCS, Wipro, HCL, HP, Satyam and CGI etc. Electronic City is a very posh location. It is well connected by Peripheral ring road, metro six lanes road to Hosur. It is well connected with other parts of the city.

Why is IT called Electronic City?

The concept of E-City was born from his desire to create a Silicon Valley in India and today it is known to be the outsourcing capital of India. Electronics City is one of the largest electronic industrial parks in India spread over 332 acres of area.