Until recent times, East Bangalore was synonymous with Whitefield, which had fast grown into an IT-centric area. But now, the eastern fringes that join the northern part of Bangalore is one of the hottest places for property investment due to companies from IT to manufacturing to startups setting up their offices in the area. Its importance was brought to the fore when Shell opened its state of the art R&D centre here in 2017, only the third of its kind with the other two located in Amsterdam and Houston in the US.
Complemented by large scale infrastructure developments, the East and North are where the future is headed for Bangalore.
Neighbourhoods like Devanahalli, Hoodi, Brookefield, and Hebbal have been on the property investor’s radar for the past few years. With the population expanding at a fast pace, the edges of North Eastern Bangalore are moving further out embracing newer areas. One of them is Budigere, a neighbourhood that is fast emerging as a residential investment hotspot.
Here are a few reasons why Budigere is increasingly appearing on investors’ radars.
Connectivity
Budigere is situated off Old Madras Road, which makes it a desirable location from where places like Whitefield, Hoskote, Hoodi, and other IT hubs can be easily accessed. Apart from Old Madras Road, Budigere is also connected by the Chennai Bangalore Corridor, KR Puram railway station, and the Byappanahalli metro station close by.
The extension of the Bangalore Metro to Whitefield, road widening projects that are expected to significantly slash travel time to the airport as well as nearby IT parks, and additional bus services further linking Hoskote, which will go via Budigere, to other parts of the city are all positive signs that hold the promise of great potential for the area.
Social infrastructure and amenities
Budigere does not lack in social amenities despite being an upcoming neighbourhood. It boasts educational institutions like VIBGYOR, Sterling English School and New Baldwin International School nearby. Hospitals like Leena Multispecialty, Shri Shirdi Sai, and Akash Hospital are also close by.
Our top property picks
Affordability is the biggest draw to Budigere. Prices in Budigere currently range between Rs 3,350 and Rs 7,840 per sq ft. There is no shortage of great properties to choose from too, and you might be spoilt for choice! To help you out, we give you our top three picks of the best properties in Budigere based on build, facilities, and pricing.
Brigade Buena Vista
Consisting of 1,2,3, and 4 bedroom apartments Brigade’s Buena Vista offers plenty of choice for both small and big families. Spread out across 7 acres of land; this large community includes amenities like a clubhouse, swimming pool, jogging track, an exclusive senior citizen zone, cafeteria, park and a play area.
Possession is from June 2020, and prices average around Rs 36 Lakh.
Shriram Greenfield
Shriram Greenfield is right at the point where North meets East Bangalore being equidistant to both the BIAL IT space in the North as well as Whitefield in the East. It is also just a few minutes away from Hoskote where over 200 manufacturing units are already functioning, and an automotive centre, as well as IT parks, are coming up.
The complex sprawls over 40 acres of land and comprises villas and 2, 2.5, and 3 bedroom apartments. Unique amenities include a golf putting hole, volleyball court, senior citizen zone, and an amphitheatre among others.
Possession is in 2019 and prices average around Rs 60 Lakh.
Prestige Tranquility
Spanning 38 acres, Prestige Tranquility is a set of ready-to-move-in apartments offering a choice of 1, 2, and 3 bedrooms. The complex has all the standard amenities like a swimming pool, supermarket, health club, and ATMs. Special features include piped gas connection and high-end video security doors.
The apartments are ready to buy now with prices ranging between Rs 90 Lakh to Rs 1.04 Crore.
