Sarjapur Road: A Burgeoning Real Estate Destination in Bengaluru
Sarjapur Road, located in southeast Bengaluru, is experiencing a significant surge in real estate activity. This area boasts a variety of residential projects with attractive amenities and excellent connectivity, making it an ideal location for property investment. Its strategic location provides quick access to key areas like the HSR Layout, Electronic City, major IT hubs, and Hosur Road. Furthermore, it connects to the Outer Ring Road, providing seamless travel to Koramangala and Whitefield. Sarjapur also benefits from its connection to NH-44 and other nearby towns such as Bella.
Connectivity and Infrastructure
Sarjapur Road's real estate market is thriving, thanks in part to its robust physical infrastructure and connectivity to other parts of Bengaluru and key IT hubs. The area enjoys access to major city roads, including the Outer Ring Road and Hosur Road. The upcoming Namma Metro Phase 2A line, expected to be completed in 2023, will further enhance connectivity, with a station planned at Iblur. Kempegowda International Airport is approximately 45 kilometers away, a 90-minute drive from Sarjapur.
Popular Localities in the Sarjapur Belt
- Madiwala: This area is witnessing high demand for affordable residential properties. Its excellent connectivity to the Outer Ring Road and Hosur Road, coupled with a thriving commercial and retail landscape, has fueled the growth of the budget housing market.
- Electronic City: Known for its well-planned phases and excellent connectivity, Electronic City has significantly benefited from its strategic location. Several educational institutions also call this area home.
- Whitefield: Property prices and infrastructure development have seen substantial growth in Whitefield, particularly in the mid-range segment, with luxury housing options also readily available.
- Koramangala: This rapidly developing area provides a blend of affordable and mid-range housing choices.
Advantages of Buying an Apartment on Sarjapur Road
The rising demand for apartments on Sarjapur Road is largely attributed to the excellent connectivity it provides. Key connectivity advantages include:
- Easy access to commercial hubs like Koramangala and Bannerghatta.
- Convenient access to Hosur Road, NIICE Road, Outer Ring Road, and Bangalore University Road.
Employment Hubs Near Sarjapur Road
Sarjapur Road enjoys proximity to several key employment centers:
- Infosys SEZ Tech Park
- Wipro Corporate Headquarters
- Electronic City (28 kilometers)
- Mysore Road (16 kilometers)
- BMIC Corridor
Infrastructure Development and Future Growth
Several planned infrastructure projects promise further growth for Sarjapur Road's real estate market:
- Peripheral Ring Road
- Proposed elevated expressway
Social Infrastructure
Sarjapur Road also offers robust social infrastructure comparable to its IT corporate offices.
This includes:
- Education: Indus International School, Oakridge International School, Silver Oaks International School, and Inventure Academy.
- Shopping: Market Square Mall, Total Mall, Forum Mall, Gopalan Innovation Mall, Garuda Shopping Mall, Bangalore Central Mall, One MG Road Mall, and many more.
- Healthcare: Dr. Levine Memorial Hospital, Motherhood Hospital, Janani Hospital, and Punarjani Ayurveda Hospital.
- Hospitality: Octave Hotel & Spa, Treebo Orchard Greens, The Ritz-Carlton, The Leela Palace, and Hotel Ibis.
- Entertainment: PVR Cinemas Forum Mall, Gopalan Cinemas Innovation Mall, Galaxy Paradise Theatre, and various restaurants such as The Black Pearl and Fisherman’s Wharf.
Property Options and Pricing
Sarjapur offers diverse property types, including apartments/flats, villas, and plots. Two and 3-BHK apartments are particularly popular. 1-BHK apartments typically range from 400 to 800 square feet, 2-BHK units from 700 to 1635 square feet, and 3-BHK units from 970 to 2200 square feet. High demand exists for 2 and 3-BHK multi-purpose apartments in the 1000 to 2000 square feet range, both for sale and rent. Rental prices vary, with a minimum 1-BHK apartment (275 sq ft) averaging around Rs 6,000 and a maximum 4-BHK villa (6,500 sq ft) reaching up to Rs 2,30,000.
Investment Potential
Given the area’s growth potential, purchasing a home in Sarjapur could be a wise decision. The ample supply of apartments, coupled with the metro line and other infrastructure developments, is expected to drive property values upward. The robust property market and the benefits of connectivity, access to social infrastructure, and competitive pricing make Sarjapur Road a solid investment opportunity. While challenges remain, such as slow infrastructure development, poor road maintenance, and traffic congestion, the future prospects for this area appear bright.