Established in 1978, Electronic City in South Bangalore is one of the most prominent IT hubs in the city. Located 20km from the city centre, it is one of the largest industrial parks in the country housing global majors, multinationals companies, and several iconic firms. It boasts of robust connectivity, sound social and physical infrastructure, and promises decent returns to investors.
In terms of property type, Electronic City has a good mix. From multistorey apartments to plots to villas – there are ample options to choose from. While apartments are usually most-preferred property type in the micro-market, lately there has been a growing interest for plotted developments.
A look into our Q2 2020 data suggests that about 10% of prospective buyers were looking to invest in a plot in Electronic City. Interestingly, this number has recorded a slight increase from Q1 2020.
In this post, we list the five best plotted developments in and around Electronic City that are worth your consideration.
Located in Chandapura, Provident Woodfield is the first plotted development project by Provident Housing. Strategically located, it enjoys seamless accessibility to Electronic City, Bommasandra, and Jigani. Additionally, Koramangala is about 35 minutes from via Electronic City-Hosur Road Flyover.
These pre-launch plots are available in varied sizes – 1,200 sq. ft, 1,500 sq. ft, and 2,400 sq. ft. These are some odd-sized plots as well. The starting price of plots at Provident Woodfield is Rs 38 Lakh.
The project promises large wide boulevards with beautifully manicured landscaped gardens, and an array of lifestyle amenities.
The Lake View Address
Spread across 28 acres, The Lake View Address is another project worth considering in Electronic City. The plots here overlook a vast lake and are surrounded by lush landscaped gardens that will make your home feel like a tranquil sanctuary.
Plots here are available in size range of 1,200-2,000 sq. ft.
A 20,000 sq. ft. clubhouse is one of the biggest highlights of the project. In terms of amenities, there is 400 mt of lake-front garden, themed landscape gardens, swimming pool, gym, and much more.
The Lake View Address is approved by BDA.
Smaya Jade Nester
Spread over 6 acres, Smaya Jade Nester is situated in Choodasandra, close to Electronic City. An upcoming location, it is expected to fetch healthy returns in the times to come.
So, what’s available? The project offers 90 premium plots in varied sizes at a starting price of Rs 5,000 per sq. ft.
Developed by Celebrity Prime Developers, Ecofront is located in Jigani. It offers 412 plots in varied sizes ranging from 1,200-2,400 sq. ft. and is currently priced at Rs 1,599 per sq. ft. Thus, a plot sized 1,200 sq. ft. would roughly cost you about Rs 19 Lakh.
The project is approved by the BMRDA. Due to its strategic location, it enjoys easy access to the IT hub of Electronic City.
A clubhouse, children’s play area, gym, and 24*7 security are some of the amenities offered in Celebrity Ecofront.
Located in Chandapura, Upkar Gardens is spread across 11 acres of beautifully manicured gardens. It offers 176 premium plots in size range of 1,200-1,500 sq. ft. In terms of amenities, from a multipurpose hall to a kids play area to a jogging track, the project has it all.
Upkar Gardens has all the requisite approvals from BMRDA.