| The active economy, attractive job market and | | | | options in the suburbs of Bangalore. The suburban |
| youthful lifestyle clubbed with the IT sector boom | | | | market is booming with new projects having lifestyle |
| has facilitated the Bangalore real estate market to | | | | features. Since, these suburban localities have huge |
| grow intensely in the last two-three years. | | | | growth potential and good supply the rental values |
| Owing to a steady demand and restricted supply, the | | | | are comparatively low. |
| prime residential areas in central Bangalore continue to | | | | Besides, coming up of the new airport at Devanahalli |
| command premium rental values. The property prices | | | | has opened up Bangalore Real Estate [ prospects. |
| in Bangalore's localities like Whitefield, Sarjapur road, | | | | With a number of residential projects ready to be |
| Outer Ring Road (ORR), Bannerghatta Road, Hosur | | | | launched in the vicinity of the newly constructed |
| Road are sky rocketing, says Aziz, a Bangalore real | | | | Bangalore international airport, the city is expanding |
| estate agent. | | | | it's horizon to develop into a more mature real estate |
| Sarjapur Road/ ORR in south-east Bangalore continue | | | | industry. |
| to be a preferred residential location for IT/ITeS | | | | What's more, the various initiatives undertaken by |
| employees, due to the excellent connectivity to | | | | the government for improving the infrastructure |
| office destinations and the improved infrastructure. | | | | facilities in Bangalore, including development of the |
| Moreover, many new residential projects are coming | | | | peripheral ring road, the elevated highway from Silk |
| up in northern part of the city. | | | | Board Junction to Electronic City, the Marathalli ROB |
| Traffic jam, parking issues, flagging road conditions | | | | and re-laying of the Outer Ring Road from Hebbal to |
| and low vacancy rates in the main city has forced | | | | Old Madras Road will further surface as a vehicle in |
| the real estate developers to look for real estate | | | | the overall real estate growth of Bangalore. |