Apartments for sale in Electronic City, Bangalore

Electronic City, located in Bangalore, stands as one of the country's largest and most significant information technology (IT) hubs, spanning over 800 acres. Established by the Karnataka Industrial Areas Development Board in the early 1980s, it serves as a nucleus for the IT and electronics sectors, hosting a wide range of multinational and domestic companies, including Infosys, Wipro, TCS, and HCL Technologies, among others. It offers a wide range of modern infrastructure, well-planned layouts, and various amenities. Its rapid growth and development have transformed it into a bustling employment hub, offering opportunities to thousands of skilled professionals while contributing significantly to the city's economy. Thus, it would be an ideal choice to invest in residential real estate in Bangalore.  

Insights into Residential Real Estate Trends in Electronic City  

As per our available data, the property value of buying an apartment in Electronic City has increased by 7.5% in the last year, 9.1% in the last 3 years, 36.7% in the last 5 years, 45.5% in the last 7 years, and 50.7% in the last 10 years. There are over 27+ newly constructed apartments available for sale in Electronic City. The approximate cost of buying an apartment in Electronic City ranges from 20 lakhs to 95 lakhs.  

The new and upcoming projects that impact the real estate market trends in Electronic City are: Namma Metro Yellow Line, which is set to launch in 2024, connecting R.V. Road station to Bommasandra, will have a dedicated station at Electronic City, paving the way for better connectivity; the construction of the upcoming Bangalore Peripheral Ring Road will facilitate commuting in this area; and the planned foot overbridge across Hosur Road to Electronic City metro will decongest traffic in this area. 

Key Features in Electronic City 

• Electronic City is strategically located on the Hosur Road, which offers better access to the Mysore Road and Bannerghatta Road, enhancing connectivity. 
• Some of the popular IT hubs located in Electronic City are Tata Consultancy Services, HCL Technologies, Infosys Limited, Tech Mahindra, Wipro Technologies, and HCL Technologies. 
• Heelalige Railway Station, located within a radius of 8 km, is the nearest railway station to Electronic City. 
• It has better connectivity to Kempegowda International Airport, which is located at a distance of 50 km via the Bellary Road. 
• The Bommasandra Industrial Area (6 km) and Jigani Industrial Area (10 km) are a few popular employment hubs that are located in closer proximity to Electronic City. 
• The top schools in Electronic City that offer excellent education are Narayana Nethralaya Public School (9 km), ICON School of Excellence (1.6 km), and Samsidh International School (2.4 km). 
• PES University Electronic City Campus (5 km), Suvidya College (5 km), and Florence PU College (5.8 km) are a few reputed colleges in this locality. 
• Some of the hospitals in Electronic City that offer excellent healthcare services are E City Hospitals (800 m), Kauvery Hospitals (1.5 km), and Sacred Oak Hospital (3.8 km). 
• A few top builders in this locality are Mahaveer Group, Casagrand Builder Private Limited, Shriram Properties, JT Wealth Management & Services, and Best Properties.