With different categories of salaried professionals setting up their base in the IT City ‘Bengaluru’, the demand for luxury housing is increasing at a faster pace. There are many localities here where premium segment home ranging between 1-1.5 crores are easily available to home buyers. Take a look at some of the top localities to look for luxury housing projects in Bangalore:
This locality is surrounded by some of the flourishing localities of the IT City such as Koramangala, Whitefield, Electronic City, HSR Layout and many other leading IT Hubs. South-East Sarjapur has seen many developments in the last few years that have increased the property prices here. Currently, the average property price in the locality is Rs 5,871per sqft and the highest property price is Rs 7,221 per Sqft. Some of the premium category projects are Ahad Opus, Klassik Landmark, Purva Skydale, Sobha Royal Pavilion, etc.
A sub-locality of the HSR Layout, South Harlur is surrounded by many leading IT companies like Intel, Wipro, Oracle, and Infosys. It is well-connected to other localities via outer ring road and is home to many popular schools, hospitals, malls, and entertainment centers. Premium developers like Sobha, Purvankara, Prestige and Shriram properties have been developing their luxury residential projects here. The present average property price here is Rs 6,587 per sqft. Prestige ferns residency, SNN Raj Eternia, Reliaable Lakedew Residency are some of the luxury projects located here.
Whitefield Hope Farm Junction
Because of its proximity to the IT Hub of Whitefield, the locality is becoming favourable among luxury home buyers where they can easily get properties within 1-1.5 cr. Once can easily commute to other nearby areas via the Old Madras Road and the Outer Ring Road. The state government is also planning to develop proposed metro near Whitefield which will definitely increase the property price here. At present, the property price here is Rs 5960 per sqft. Some of the luxury segment projects are Brigade Cosmopolis, Skylark Ithaca, Heights, and Prestige Silver Oak.
Another sub-locality surrounded by Malleswaram and Hebbal, North Yashwantpur is home to a plethora of luxury segment housing projects within the budget of 1-1.5 crore. The locality enjoys seamless connectivity and comprises of leading educational institutions, malls, and recreation centers. At present, the average price of the property is Rs 8,025 per sqft. Some of the premium category residential projects in North Yashwantpur are Deccan Habitat, Cauvery Serenity, Golden Grand, etc.
A flourishing suburb of Bengaluru, North Yelahanka has become a prime residential hub due to its closeness to the International Airport. Bengaluru central, Pepperfry studio, RMZ mall, and Dmart are some of the leading entertainment and recreation centers present here. One can commute to each and every area of Bengaluru from here easily. KSRTC and BMTC Volvo A/C Bus services have good operations from the locality. The average property price in North Yelahanka is Rs 5,064 per sqft. NCC Urban Nagarjuna Meadows, Brigade Northridge, RMZ Galleria Residence are some of the popular luxury projects developed in this region.