One utters ‘’Bellandur’’ and the immediate recollection is that of the several IT companies that are lined along the Bellandur highway. An erstwhile sleepy and tiny suburban village on the peripherals of Bangalore, Bellandur has indeed come a long way.
Over the years, Bellandur gradually transformed into a mini-IT hub adorned with Tech parks and Special Economic Zones (SEZs) which has led to establishment of 100+ company offices in the area. Naturally, Bellandur has become a center-bed for many IT employees and this had led to the growth in residential real estate.
Bellandur is now one of the most popular areas in Bangalore for more than one reason, let’s see what the top reasons are –
Centrally Located: Bellandur is situated on the outer ring road that moves all the way from Silk Board (another prominent area) to Hebbal which is close to the airport. It is centrally situated between the other top two IT zones in Bangalore – Whitefield and Electronics City making it a very favourable place as far as corporates and employees are concerned. It is about 12 KM from Whitefield and about 16 KM from Electronics City.
It is also closer to very established and well-known areas such as Koramangala, Old Airport and Marathahalli. All of these areas are abundant in the social and physical infrastructure.
Mini-IT Hub: The area has about 7-8 top tech parks that include – RMZ Ecospace, Embassy Tech Village, Salarpuria Softzone, Global Technology Park, Cessna Business Park. The area is host to a several IT/ITES and other companies making it a top destination for people looking for jobs.
Many multinationals such as AT&T, Wells Fargo, SAP Labs, Oracle, Intel, Wipro and Cisco have their office in the area.
Top Residential Destination: Bellandur is situated on the edge of HSR Layout which is a very prominent residential destination in Bangalore. HSR is a perfect residential destination owing to well planned constructions and green spaces. Areas such as Devarabeesanahalli, Panathur and Kadubeesanahalli which lie close to Bellandur provide for the much-needed residential space at affordable rates. Furthermore, its proximity to Koramangala makes it even more popular as residential hub.
Social Infrastructure: By virtue of being located on the Outer Ring Road (ORR) and by playing host to several Tech Parks, Bellandur is blessed with good social infrastructure. The area has everything required to lead a good social life from – Good Schools to Restaurants, Food Joints, Hotels, Parks, Roads and Leisure places. For people looking at Bellandur as a residential destination, there is nothing to worry about as far as the social infrastructure is concerned.
HealthCare Facilities: If there is one thing that Bellandur is not in the dearth of, it is the number of healthcare centers or hospitals. The area hosts several hospitals, some of which are multi-specialty centers. Sakra World Hospital, Parkmed Healthcare, Cloudnine Hospital, Columbia Asia, BabyChakra and Motherhood are a few of these. The presence of abundant healthcare centers has ensured that the area is preferred over others as far as seeking medical care is concerned.
Rentals and Property Rates: As far as the property rates are concerned, Bellandur makes it comfortable for buyers with the rate of a 2BHK ranging from as low as 30 Lakh INR to as high as 80 Lakh and that of a 3BHK ranging from 45 Lakh to 1.2 Crore.
The rentals too make it attractive for people to stay in the area, with the 1 BHK rental ranging from 10,000 -25,000 per month, the 2 BHK ranging from 19,000 – 40,000 per month and the 3 BHK ranging from 25,000 – 55,000 per month on the higher end.
Roads and Transportation: The area is blessed with better road conditions thanks to some initiatives being taken up by government authorities. The Bellandur flyover has been a blessing of sort as it helps lessen the perennial traffic congestion of the ORR.
Another advantage is that Bellandur has great connectivity via the Bus transport services and the private cab services. Recent announcement and commencement of the work for the Bangalore Metro Rail has been appreciated by many commuters and residents who were desperate for a much more enhanced and convenient commutation process.
Investor’s Haven: With growing demand for housing due to aforementioned reasons, Bellandur makes for a very good investment destination. The rates have shown a positive trend over the last one decade. From INR 2,000 /sq. ft in 2009 to INR 4,000 in 2013 to a little over INR 6,000 in 2018, the property rates have shown steady increments making Bellandur a favoured real estate destination for both developers and buyers.
Although Bellandur has been in the news for its lake firing up and the environmental hazards it can bring about, the quick and determined action by the residents and the authorities to diffuse the situation has given the much-required confidence. Now, Bellandur will have a better environment, thanks to the measures and a better lifestyle for its residents and prospects.
