Located in East Bangalore, AECS Layout has emerged as a favourable locality among home buyers who are looking to invest in a 2 BHK apartment. The locality was established by the Aeronautical Engineers Co-Operative Society in 1986. Due to its proximity to major IT hubs of Bangalore like Whitefield and Marathahalli, working professionals and small families find this locality best to invest.
AECS Layout enjoys good connectivity to major areas of Bangalore via a thriving public transportation system. Four major roads also pass through this locality, making this area easier to reach. These roads include Outer Ring Road, Varthur Main Road, I.T.P.L. (International Tech Park India), and Doddanekundi Main Road.
Bangalore City station is just 18 km away from AECS Layout. Other railway stations which fall in proximity to this locality are Bellandur and Whitefield Railway station. International Airport is 45 km away and is easily accessible via local KIA buses.
AECS Layout is surrounded by ample green surroundings, large open spaces and water bodies like Munnekolala Lake, Kundalahalli Lake, Thubarahalli Lake, and Chinnappanahalli Lake.
The locality is home to well-developed infrastructures such as wider roads, well-lit street lightings, proper water supply, and sanitation amenities. It also boasts presence of major landmarks such as HAL Heritage Museum, renowned schools, Phoenix City Market etc.
Due to the existence of thriving IT hubs, the real estate market of AECS Layout has mushroomed in recent years.
Real estate market
Apart from a flourishing IT sector, AECS Layout houses some of the best-developed high-rise residential buildings. Leading developers of Bangalore has developed their housing projects here both in affordable, mid as well as luxury segment. One can easily get a 1, 2, and 3 BHK apartment here in various size and configuration.
However, among all the configurations, a 2 BHK apartment is most favorable among home buyers as the size and price of these units suits best to their pocket.
Price and Trends
At present, the average property price of the apartment in AECS Layout is Rs 6653 per sq.ft. While the lowest price is Rs 5,268 per Sq.ft, the highest locality price is recorded at Rs 8,037 per Sq.ft.
The average rent of a 2BHK apartment ranges from Rs 21,000 to 33,000.
If we go by current market trends, the property price here showed a steep jump in last few years due to many planned and proposed infrastructural developments like construction of foot-over bridges, walkways, expansion of sewage pipelines etc. Many international styled malls and recreation centres have also developed here. The average property rates in AECS Layout showed an increase of 13% Q-o-Q.