Known as the Silicon Valley of India, Electronic City is one of the biggest industrial parks in Bangalore. It is globally known as the world’s biggest outsourcing hubs with more than 200 IT and ITeS companies. The real estate in the area has grown rapidly, thanks to IT and commercial growth.
A 580-acre IT Park, Electronic City was developed by KEONICS to promote the IT/ITES sector and create an electronics industry in Bengaluru. Although an industrial area, it comprises of several green zones and has an excellent civic infrastructure.
Commute
The four-lane elevated highway between Electronic City and Silk Board Junction connects it to other parts of the city. While the elevated highway connects Electronic City to Silk Board, the NICE Road makes Bannerghatta Road easily accessible.
Commutation facilities are excellent in Electronic City with several BMTC and BIAL buses plying here. The locality is also very well connected with Kempegowda International Airport and is just an hour drive despite the distance of 53km.
Lifestyle
Electronic City is well-connected to areas like BTM, Koramangala, and Hosur. One of the highlights of the area is high-security with CCTV camera installed in every lane. Due to the presence of IT companies, the locality has all the required social infrastructure including daily needs stores, restaurants, banks and hospitals along with many reputed educational institutions.
Top Projects
Schools/Educational Institutions
- Redbridge International Academy
- Treamis World School
- St. Francis De Sales Public School
- Vibgyor High School
Hospitals
- Springleaf Hospitals
- Ramakrishna Smart Hospitals
- Vimalaya Hospital
The Real Estate Market
Residential demand in Electronic City is highest for the mid-income housing segment. This demand has remained steady for years. Lately, the development of, and the demand for, luxury residential units has also been rising, owing in most part to the increasing population and rising incomes.
Currently, the average property prices are in the range of Rs 3,800-6,000 per sq. ft.
What to Expect
The property prices in Electronic City are still reasonable. With a myriad of housing options, you can easily find one that fits your taste and budget. With the metro line and the eight-lane expressway coming up, the prices are expected to rise further.