From an industrial town to a bustling real estate region, the metamorphosis of West Bangalore is nothing short of remarkable. Traditionally, an ‘industrial’ area, the region today boasts of broad roads, highways, metro rail, and swanky residential projects.
As the region is still developing, there is ample land availability; making it a favourable destination for people looking to buy a plot of land to construct a home.
So, if you are looking to invest in a plotted development in West Bangalore, we present you three projects that are not only affordable but also promises decent returns.
Mantri Carica
Spread across 22 acres, Mantri Carica is a plotted development in Kengeri, off Mysore Road. Strategically located, it enjoys easy accessibility to Electronic City, Bannerghata Road, Kanakapura Road, Magadi Road via NICE Road.
Apart from necessary facilities, the project also boasts of luxurious amenities such as an amphitheatre, a wellness zone, and a senior citizen lounge. The plots here are approved by BMRDA, ensuring safe investment.
So, what’s available? Mantri Carica offers 384 plots in three sizes – 1,200 sq. ft, 1,500 sq. ft, and 2,400 sq. ft. at a starting price of Rs 20 Lakh.
Investment Potential: Mid to High
With the proposed metro station at Kengeri, the accessibility to CBD areas is likely to improve in the times to come. Additionally, there is also a 1,000-acre hi-tech corridor planned between Magadi Road and Mysore Road.
Developing physical infrastructure coupled with affordable price makes Mantri Carica a good investment option.
Salarpuria Sattva Pipal Tree
Set amidst the serene environs of Tavarekere, off Magadi Road, Salarpuria Sattva Pipal Tree is another plotted development project in the western part of the city. Spread across 37 acres, it offers 550 plots in in three sizes – 1,200 sq. ft, 1,500 sq. ft, and 2,400 sq. ft. starting at Rs 30 Lakh.
From well laid out roads to an efficient water supply, these ready-to-construct plots are perfect for your new home.
What’s more? Pipal Tree boasts of over 15 lifestyle amenities to provide a holistic living experience to its residents. These include a clubhouse with ample space for recreation, gym, a compact library, badminton court, swimming pool, indoor games facilities, among others.
Plots at Pipal Tree are also BMRDA-approved.
Investment Potential: Mid to High
Magadi Road is one of the fast-developing regions in West Bangalore. The metro rail, Outer Ring Road, and NICE Road enable easy connectivity to the residential locations along Magadi Road. With realistic property values, the region is all set for growth, making it a good investment destination.
Shriram Earth
Sprawling across 20 acres, plots at Shriram Earth ticks all the prerequisites for the ideal plot investment – location, infrastructure, and amenities. Located off Mysore Road, it is just ten minutes from the famous landmark of Dodda Alada Mara (The Big Banyan Tree) and 20 minutes from Rajarajeshwari Dental & Engineering College, Mysore Road.
Shriram Earth offers 381 plots in size range of 1,200-2,400 sq. ft. starting at Rs 23 Lakh. In terms of amenities, the project has senior citizens corner, kids play area, volleyball court, amphitheatre, open gym, and much more.
The project is RERA-registered.
Investment Potential: Mid to High
As mentioned earlier, Mysore Road has several infrastructure projects on the anvil. These include metro rail extension to Kengeri, Bidadi Smart City and Knowledge Park, an eight-lane Bangalore-Mysore Expressway, and Satellite Town Ring Road (STRR). These projects will significantly improve the livability quotient of the region, thereby resulting in high ROI.