Summary:
“Enhanced connectivity to major areas via Metro is boosting the realty demand on Kanakapura Road. “Most of the affordable properties are located in Electronic City Phase 2,” the report said.“Since Electronic City has always been a commercial area and with a lot of new developments, buyers see value for money. Phoenix Mills is said to be setting up a 1 million sqft mall in the area.Kanakapura Road is also an upcoming residential area. The advent of IT/ITeS parks in and around the area is also a major reason for high supply of units,” it said. Sources said these realtors own huge land parcels in that zone.Another area that is fast coming up is Yelahanka-Thanisandra-Kogilu area in the north, beyond Hebbal..