Sarjapura Road Still Remains a Favorite Place for IT Professionals despite of its high price
Of late Sarjapura Road (Bangalore-562125) has become very
popular and a favourite destination for the people wanting to stay or build a
house in Bangalore. Have you ever wondered why? If you go along the road you
will see vast open land plots, still. But mind you, they are not affordable.
But along with that you will also see many offices, IT Parks, schools, colleges
and other social infrastructure on both the sides of the road. There are shops,
shopping malls, shopping complexes, big residential estates, multiplexes and
many more in the area.
The trend watchers relate to the incident in the following
manner. South and East Bangalore is already saturated. The market watchers feel
that development on Sarjapura Road area started later but it is witnessing
significant real estate action of late during the last five years or the
decade.
The reason for such spree of development is because of the
sprawling IT clusters in the area around Outer Ring Road, Madiwala, Marathahalli-Sarjapura
Stretch and Whitefield. There have been significant commercial developments
also along this stretch. So the prices of land went up very quickly and there
was simultaneous development of buildings and commercial and residential
complexes. These were so high in demand that even a flat or an apartment costs
more than Rs. 50 lakhs to Rs. 60 lakhs in the area even four years back. In
this people have lost hope of buying land in that area. They are busier in
buying apartments.
The peak period was 2010 to 2012 when the prices of land and
property in Sarjapura Road shot up to unimaginable price ranges. Before this
period Wipro came up with a huge campus on the main road itself with an area of
202 acres. The idea was to set up an IT Special Economic Zone which has already
become operational by now. Following this, Infosys also announced its projects along
Sarjapura Road which again fueled the fire of real estate development. In 2011
itself the prices of the properties shot from Rs. 75 lakhs to Rs. 2 to 3 crores
an acre. Now it has doubled or tripled may be, at places. The biggest of the
developers have acquired land to develop large residential projects.
Do you want to buy
land in such an area?
The common man may be wondering that there is no scope of
buying land anymore on Sarjapura Road. Well that is not the case. The wise men
say “Do not lose hope”. There is always a way if there is will. Well we are
going to give you some good news regarding this to crack your jackpot. If you
have intentions to buy land in Sarjapura Road there are developers who still
offer you land plots in gated communities. One such land developer we can name
is TGS Constructions. You may be wondering with questions like why this
developer is selling land plots at cheaper price so go through with this list of claims made by developers at the time of selling their projects. The reason, as per the
company sources is that they have been constituted for distributing land plots at
cheaper and affordable rates to the middle class. The company started small and
became so popular because of its pricing and the quality of services that it
has land stretches in all parts of Bangalore today.
An overview on TGS Yashaswini Layout
TGS Constructions has TGS Yashaswini Layout on Sarjapura Road which
is a 3 acre land duly developed with basic facilities like water and electricity
connections, underground sewage, roads and street lights, etc. The amenities
that the company proposes to provide are swimming pool, gymnasium, compound
wall, metal roads, children’s play area, different sports areas, parks and many
more.
All the amenities and facilities that will be provided will
be in TGS Layout style and the company is already a proven player in the segment. So
you can rely on them but verification of papers is a must and mandatory. The
company also provides free pick up and drop from your house for site visit.
They can also provide you with assistance in managing your finances or
procuring a loan but still don't forget to read reviews and feedback on TGS Layouts before you invest. Even if you take all these in to account one fact that you
cannot ignore are the prices that the company quotes. Land is still available
at a great location of Sarjapura Road at a starting price of Rs. 12 lakhs. You
have the option of buying land stretches of 30 by 40 feet, 30 by 50 feet or 40
by 60 feet. You can even get land plots of other odd dimensions. But what you
won’t get anywhere else are the prices at which they are selling the land
plots. So be quick and enquire with them. If you are lucky enough you may get a
plot at that price if it is not sold out completely.
For a Better Insight on TGS Yashawini here is a slide presentation specifying its amenities and other nitty-gritty detail.
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