The Real Estate Scenario in Sarjapur Road Bangalore

One of the fast-growing suburbs around Bangalore city is Sarjapur. Located in the south east of the city, this locality is now the hub of IT companies and manufacturing industries. The growth of IT and IT-based companies in this area has led to the spurt of development of residential flats and apartments. This is because most of the people who come to work in these companies are not natives of this city, but come from all over the country. So, all of them are looking for hostels, PGs, and houses for rent. They prefer to look for a place that is close to their company as it reduces the daily commute. Moreover, the cost of living in this suburban area is less compared to living in the city.

Let’s take a detailed look at the real estate scenario in Sarjapur Road Bangalore. If you are looking at the availability of commercial space, Sarjapur has plenty to offer. There are ample number of Grade A offices suitable for large companies. Plus, there are many commercial building projects in the pipeline. The biggest advantage for real estate development in Sarjapur is that there a lot of space to move. Buildings, either residential or commercial, cannot be constructed unless there is space. With the spaces in the city and the other suburban areas slowly filling up to the brim, the overflow is gradually moving towards Sarjapur road.

IT companies like Cisco, Wipro, HP, Cape Gemini, Accenture and Infosys have their offices in this locality. These companies have brought with them an influx of new residents. There are nearly 2 lakh employees working in these companies. So, there is a demand for 1 BHK and 2 BHK homes in this area. The emergence of the residential areas have also led to the growth of hospitals, malls, shops, banks, ATMs and other types of commercial establishments.

As the property values in this area is affordable when compared to the other parts of the city, many of the employees are even purchasing property instead of just going for rent. Taking into fact that Sarjapur has a sharp appreciation value, investors are confident that they will get good returns on their investment.

Connectivity is one of the most important reasons for the development of this locality. Located on the Outer Ring Road, Sarjapur can be easily accessed from the city or other suburban areas. Plus, it is easy to travel to Kolar, Hoskote, and Hosur (to Tamilnadu) via the National Highways. So people who have come from other states or other parts of the state find it easy to travel to their home town.

Statistically if you check the real estate in Sarjapur, you will note that it has seen an appreciation of nearly 7 percent over the last year. The property value has also been steadily increasing over the years. On the whole, the real estate scenario in property in Sarjapur Road Bangalore looks promising. With many construction projects in the pipeline and the development of the IT clusters, this place is sure to develop further in the coming years.

Booming news for buyers - Price drop of properties in South Chennai

For people living in South Chennai who are looking for investing in real estate this is the prime time. With the recent drop in prices the cost of real estate has really climbed down making it the opportune moment for people who want to invest in the market. The government’s new policies have made buying property a lot easier. Now you will not have to go through all the complicated paper work but you can get the process started and get your dream apartment in a seamless process.

Why you should invest in real estate

The city is still growing and most of the development is happening on the south section of the city. The major education institutions are located in the close vicinity and this makes south Chennai one of the best places to live in. In terms of living standards, the city ranks as one of the top cities of the country. The city has been going through a sharp rise in property market for the last decades. This is the first time that the place has seen such drastic drop in property market. This is mainly due to the new policies of the state government. A lot of new housing complexes are coming up in the recent months and that has also helped in pushing the price down because of the competitions. You can get the best deal if you by an apartment in one of these housing complexes because they come with all the modern amenities and luxuries. Due to the increase in the competition the developers are selling the apartments and other similar property at a much lower rates than normal. You will be able to get a flat with all the luxuries like swimming pool, gym and other similar facilities and it will be perfectly within your budget. Depending on how much you are willing to shell out, you can also get studio apartments and low budget apartments.

Things to look out for

When you are going to invest in some real estate in and around South Chennai you will have to be careful in some areas. You will have to find out how well connected the place is. There are many different modes of transportations that are available in the city and the metro link is one of the major mode of transport. So places in around the metro stations are priced much higher than the rest of the places but even the price drop has affected the price of these regions so you will be able to get a place without much hassle.

You will also have to talk with the previous owner if you are buying a secondhand property in chennai and find out if there are any kind of problems associated with the infrastructure. For buying a brand new apartment you will have to talk with the developer and find out all about the facilities that are available. Depending on the location you can get a very good deal if you decide to purchase now.

Devanahalli-One airport and a whole lot of development

Rewind back to 2000 or an earlier year and you would not have wanted to live in Devanahalli. It was a typical peasant’s neighbourhood where roads never existed and water scarcity was always rampant. But times change, especially in real estate they change at the speed of light. That is what happened with the property prices in Devanahalli when the Kempegwoda International airport commenced operations in 2008. One airport and Devanahalli has made itself amply visible in India’s fastest growing IT city, Bangalore.

Reaching Devanahalli

Devanahalli is located on the northern part of Bangalore, almost 35 Kms from city centre. Quick way to reach is through the NH 47, also known as the Bangalore-Hyderabad Highway or the Bellary Road. Further, NH 7 and 207 also snail through this village bring the metro close like neighbourhood.

NH 7 from Hebbal to Devanahalli with its 6 lanes roads (to be increased further in the near future) makes it possible to reach the airport within thirty to forty minutes. With the execution of the metro Phase 2 plan, Devanahalli will also have metro connectivity to airport.

Devanahalli’s growth story

The land rush at Devanahalli began with the signing of the MoU between AAI and KSIIDC in 2005 to build the Kempegowda International airport. By the time the first phase was completed in 2008, almost every inch of land in Devanahalli was taken over by real estate promoters and developers for manifold times of the original prices.

Per acre cost of Devanahalli was a humble number in 1990s. Come 2008, the price shot up to Rs. 250/sq.ft and today it is almost 1500/sq.ft. Most promoters are yet to commence construction here, but it is definite that the prices will skyrocket further higher.

Residential and industrial development

The many industrial parks present in Devanahalli are sure to boost the residential and commercial development in the region. Three more parks exclusively for hardware, aerospace and IT/BT are proposed in the region which will boost residential development and industrial activities in the region. NH 7, NH 207 and NH 4 will provide ample road connectivity without any traffic bottlenecks.

250 acres of land are set aside for developing the M.S.Ramaiah Medical Research Centre to cater to the educational requirements of the city as a whole. Schools, colleges and other social infrastructure facilities necessary for comfortable living are also adequately present in Devanahalli.

Housing at its best

Bangalore enjoys a high concentration of HNIs (High Net worth Individuals). Devanahalli also enjoys huge demand for high-end living facilities from the senior management cadre employees of the IT industrial corridor. With sophisticated tastes and an appreciation for serene living they are one reason why the land values in Devanahalli has shot up in such short time.

The demand for affordable housing is also very high. Patel Neo Town, VBHC Attibele, Sovereign Lakefront, Provident Welworth are some of the affordable residential projects in the region. Golden Gate Properties, Purvankara, Shriram Properties, Brigade Group, Ozone Group, etc. are some of the high flying names in luxury housing that are creating the upper class living ambiance in Devanahalli.

The right time to invest in Devanahalli is now. There was no better time in history or will there be in the future when property prices have been so inviting for an aspiring homeowner.



Pratheepa writes for indiaproperty.com, a leading online portal dedicated for real estate sector in the country. It provides property marketing solutions for buyers, seller, and real estate agents.

Real estate investment in Kondapur and Miyapur

The real estate market in Hyderabad is catching up pace providing tough competition to other metros in the South. Many corporates and real estate investors are interested in investing in Hyderabad quite some time now. The main reason behind the revival of real estate in Hyderabad is that both commercial and residential real estate is economical in Hyderabad, which lures investors and buyers. The residential capital value here is lesser than that of other metros. With several already existing IT corridors along with several other IT giants to set up their campus in and around Hyderabad, the real estate here is gaining momentum. Many suburban area of Hyderabad are now flourishing in both residential and commercial real estate such as Kondapur, Miyapur, Gachibowli, Kukatpally and Manikonda.

Real estate in Kondapur

If you are looking for affordable properties with a good appreciation and return of interest, then Kondapur in Hyderabad will be a wise choice. It is emerging as a popular residential hub in Hyderabad. Located closely to the busy business districts of Hitech City and Gachibowli, Kondapur micro market is turning into the most preferred investment destination.

Kondapur is located in between three major roads Old Mumbai Road, Gachibowli-Miyapur Road and Hitech City Road making it easily accessible from various parts of Hyderabad. It is also bridged to the Mumbai Highway via Gachibowli-Miyapur Road. The nearest railway station is the Hitech City railway station, which is about 7 km away from Kondapur. Its infrastructural development is also satisfactory with various reputed schools, international schools, colleges, hospitals, banks, shopping centres, and entertainment with various parks and botanical garden.

The residential capital value of Kondapur ranges between Rs.2500 to Rs.3800. Kondapur also yields high rental values when compared to its neighbouring localities. 

Real estate in Miyapur

Miyapur is a part of the municipal corporation of Greater Hyderabad. For people who search for modern lifestyle outside the city limits or in suburbs, Miyapur is an ideal location. It is a scarcely populated area with moderate amenities. But its close proximity to the IT corridor in Hitec City makes it an ideal investment destination for professional population working in the nearby IT companies. From plotted developments to large attractive apartments, Miyapur provides all sorts of investment options to buyers. Talking about the social infrastructure, Miyapur has a good number of schools, hospital, banks, shopping centres and restaurants. So ideally people who work in nearby IT and public sector industries prefer to buy plots or apartments for sale in Miyapur.

It is also well connected to other regions in Hyderabad by public transports and also has the Hafeezpet railway station at just 3 kilometres away. Moreover people in this region does not face any water scarcity or electricity issues.

Affordable prices of apartments in Miyapur have also made it a wise choice among the population. You can buy a 2 or 3 BHK apartment for Rs 30 to 45 lakhs with capital values ranging from Rs. 2600 to 3800, which is very reasonable when compared to other suburbs of Hyderabad.

South Chennai Sees Maximum Residential Building Projects This Year

Where there is demand, there is development. With a huge demand for residential areas in Chennai, places throughout the city have been sited with new projects. Among all the favored locations, the areas in the southern part of Chennai are seeing tremendous development. Localities such as Medavakkam and Pallikaranai are in the top of the list of targeted places.

The executive vice president and zonal head of DLF Home Developers Ltd, Mr. K. K. Raman shares his views about the development in south Chennai. He says," If you see the center of activities, south Chennai hogs all the limelight today. This will continue to do so, as the scope for growth in the region is immense." He also added, "Just 10 years back, Tambaram was considered as the end of Chennai but now thanks to the extensive transport facilities and numerous educational institutions, the region is one of the busiest areas of the city. With the introduction of metro, the real estate scene of South Chennai will undergo rapid evolution."

In the current year, about 60% of the residential constructions have taken place in south Chennai while the remaining was split between north and west. The Grand Southern Trunk (GST) Road and Old Mahabalipuram Road (OMR) have seen the maximum growth in the current year. Huge construction companies such as Akshaya and Purvankara launched their new projects in Pallavaram, Perumbakkam and Kelambakkam. With the city’s limit being extended farther, vicinities in south are more concentrated than the heart of the city. Just as the central and north parts are being crowded, it is only natural that the residential growth will be concentrated on the less dense southern parts of Chennai.

The growth of IT companies and industries is one of the prime reasons for this rapid and steady advancement. Blooming companies in Velachery, Madipakkam and other areas encouraged working professionals to settle down nearby. Entertainment and recreational amenities such as malls, theaters, clubs and resorts located nearby, allow families to spend time together on weekends. Presence of renowned hospitals, restaurants, banks and other essentials are added advantage. Furthermore, availability of excellent schools and colleges nearby make these areas suitable for families. Rich cultural activities with presence of famous temples, churches and mosques also make a strong case.

Excellent connectivity via roadways and railways provide an easy and smooth connection with the city’s interior. High frequency of buses, trains and recently added metro trains allow you to navigate through places with great ease. Peaceful environment and friendly neighborhood make them the much preferred localities real estate in Chennai.

Affordability even with high facilities in par with main city makes south Chennai a favorite among everyone. With the price value remaining reasonable, real estate companies are launching multiple projects targeting middle class people. Projects ranging from 25 lakhs to 1 crore will be perfect for families of any financial background.

To sum it all, with the future of industrial and domestic development concentrating on the southern part of Chennai, these areas will be experiencing exponential growth in residences.

Steps for hassle free registration of a property

Property registration is the final agreement between the buyer and seller. In India, registration of a sold property is mandatory by law. The government and the law will not cover any legal issues or otherwise faced by the owner if the property is not registered in his name. The law will not recognize unregistered owners to a property even if they have paid in full. This is specified by law to protect the land owners. A person acquires rights to the property only after the sale deed is registered.

The registration process of a property happens at the respective Sub Registrar office of the locality in which the property in question is located, be it rural or urban area. The following are the procedures associated with the land / property registration in India.

Title Verification:

Though not a mandatory process, it is highly advisable that any prospect owner gets the title of the property duly verified by a person practicing law. The buyer has the right to demand for the photocopy of the documents related to the property for verifying the title by a lawyer or a civil consultant.

In most cases, if opting for a home loan, the bank or the financial institution will check the title and only then issue the loan. If the title is not clear of issues, the loan will not be issued. However, it is the responsibility of the buyer to authenticate his purchase even before making the payment.

Sale Deed:

The sale deed has to mention all the specifics related to the property. If the land has any construction on it, the exact specifics have to be mentioned at length. The preparation and attestation of the Sale Deed is done on proper stamp paper by an authorized attorney. The buyer will have to bear the stamp duty and the amount varies based on the locality.

At the Sub Registrar:

Locate the associated sub registrar office with the help of the seller, developer or the person preparing the sale deed. Get a prior appointment from the authorities and stick to it. These days, the computerization means you are given a token number for your appointment. Do not miss it at all costs!

Document Submission:

A thorough verification of the documents is done by the sub registrar and the registration process is followed to the T as per the Registration Act of 1908. Post registration the documents can be collected in person by the owner after signing a dispatch register at the desk. If the owner is not present, a letter of authority (also attested) can be given to a related person.

Title Mutation:

Once the registration is completed, the title of the property becomes the property of the owner. The owner can then get the title of the property transferred (or in this case termed as mutated) in his name at the local Municipal authority.

Without the legal registration of the property you will not be entitled as the owner so register as soon as the payment is made.

About the Author:

Frank is a retired service man who loves to impart his knowledge on property investment through sites like indiaproperty.com