If you’re considering investing in real estate in Bangalore, you’re on the right track. Bangalore is a city that has it all, from great weather and excellent infrastructure to a thriving economy and job market. The city is home to some of the best educational institutions, hospitals, and shopping centers in the country. One of the many advantages of investing in Bangalore is the city’s excellent public transportation system. In this article, we will discuss the advantages of investing in properties located along Outer Ring Road.
What is Outer Ring Road?
Outer Ring Road (ORR) is a major road that connects almost all the important areas in Bangalore. The road is approximately 62 km long and runs around the city, connecting important areas such as Koramangala, HSR Layout, Marathahalli, Bellandur, and Sarjapur. The ORR was built to reduce traffic congestion in the city and provide a fast, convenient way to travel from one part of Bangalore to another.
Advantage 1: Accessibility
The primary advantage of investing in properties located along ORR is the excellent connectivity that it provides. The road is well-connected to major highways such as Hosur Road, Tumkur Road, and Old Madras Road, which makes it easy to travel to other parts of the city. The road is also home to some of the city’s best IT parks, such as Manyata Tech Park, Embassy Tech Village, and Eco Space. These IT parks are home to many multinational companies, making it an excellent location for investment.
Advantage 2: Affordability
Properties located along ORR are relatively more affordable than those located in the city center. However, this does not mean that the properties lack any of the amenities that you would expect from a premium property. Many developers have built high-quality residential and commercial properties along the ORR, making it an attractive location for investment.
Advantage 3: Appreciation
Properties located along ORR have seen a steady increase in value over the years. The demand for properties along the ORR has been on the rise due to the excellent connectivity and proximity to important areas such as Whitefield, Sarjapur, and Electronic City. This has resulted in a steady increase in property prices along the ORR, making it an excellent investment opportunity.
Advantage 4: Infrastructure
The ORR has excellent infrastructure, including wide roads, flyovers, and underpasses, making it easy to travel from one part of the city to another. The road is also home to some of the city’s best hospitals, educational institutions, and shopping centers, making it an ideal location for families.
Advantage 5: Future Growth
The ORR is still expanding, and new areas are being developed along the road. This means that there is still ample opportunity to invest in properties along the ORR, and the future growth prospects are excellent.
Investing in real estate is a big decision, and it is important to consider all the factors before making a decision. Properties located along Outer Ring Road in Bangalore offer excellent investment opportunities due to the excellent connectivity, affordability, appreciation potential, infrastructure, and future growth prospects.
Conclusion
Investing in properties located along Outer Ring Road in Bangalore is an excellent investment opportunity due to the excellent connectivity, affordability, appreciation potential, infrastructure, and future growth prospects. The ORR is one of the most important roads in Bangalore and offers easy access to major highways, IT parks, hospitals, educational institutions, and shopping centers. The future growth prospects are excellent, and new areas are being developed along the road, making it an ideal location for investment.
Prestige Park Grove is a luxury apartment complex in Whitefield, Bangalore.
