Overview of SMV Layout, Bangalore

SMV Layout, situated in Bangalore, is a hot spot for real estate buyers and renters.

Types of Properties and Availability

• Plots and Land: Mostly, we see villa plots and land here, in different sizes and setups. These plots go from smaller ones like 600 sq. ft. to much larger ones up to 3600 sq. ft.
• Independent Houses: You can find some standalone houses here too, for those who like a traditional living setup.
• Flats and Apartments: Not as common, but there are flats and apartments, mainly in complexes like Abhi Sai Santrupthi.

Cost and Increases in Value

• Plot Prices: Prices for these plots vary between ₹1.06 Cr to ₹3.07 Cr, determined by size and location. The usual price per square foot lies between ₹9,750 to ₹11,650.
• Increase in Value: This area has grown significantly in property value over the years, with a 95% rise in the last five years and a 78.9% jump in the last decade. The last quarter alone saw an 8% appreciation.

Amenities and Infrastructure

• Road Accessibility: Many plots are along major roads, 12m, 13m, 40m, and 80ft lanes, providing great access.
• Landmarks and Surrounding Areas: Located near key spots such as the Kengeri bus stand, metro station, and schools. Also close to other areas like Sir M Vishveshwariah Layout.
• Community Facilities: We find amenities such as parks, gardens, and hospitals like Banu Multispeciality Hospital nearby, enhancing the area's attractiveness.

Building Regulations

• BDA Approved: Most plots are endorsed by the BDA (Bangalore Development Authority), meeting local guidelines and being ready for development.

Lifestyle and Surroundings

• Daily Life: It blends peaceful living with closeness to city amenities. Suitable for families and individuals seeking a balanced life.
• Neighborhood: Known for its affordability and secure feel, attractive to both residents and potential investors.

PropertyWala's Final Thoughts

SMV Layout in Bangalore stands out for its rising property values, strong connectivity, and variety in property types. It strikes a balance between calm residential areas and urban convenience, making it great for families and investors. Catering to different budgets from budget-friendly to premium, SMV Layout provides a versatile choice in Bangalore's real estate market.