Infrastructure Fuels Demand of Kanakapura Road Property

Located about 50 km from Bangalore South, property in Kanakapura Road attracting buyer’s  as people look at the location as a profitable investment destination. Several real estate investors are keen to invest in apartments in Kanakapura Road as the area is witnessing rapid infrastructure development. Already the realty market is witnessing a rapid increase in demand of houses for sale in Bangalore, but the demand for property in Kanakapura Road is touching the roof. Apart from improving connectivity there are several other factors that attract buyer to invest in apartments in Kanakapura Road. It has been seen that Bangalore properties for sale in this locality has generally given a good return on investment. Also affordability has made Kanakapura Road properties for sale in Bangalore a preferable choice for investment for end users. 
 
Another factor which has accelerated the demand of houses for sale in Bangalore, Kanakapura Road is connecting the locality with NICE Ring Road. This development will make traveling quick, simple, safe and efficient. Also there is a proposition of connecting the locality with Namma Metro as well as the Peripheral Ring Road. Once this development takes place the prices of Bangalore properties for sale, Kanakapura Road will soar making the locality virtually unaffordable. Bangalore real estate properties for sale in this locality are available at a square feet rate of Rs 3,500 - 4,500 depending on the project or the location. In the last five years the area has show an appreciation of 25% approximately.  

Several people who already own properties for sale in Bangalore look to invest in the locality as they consider Kanakapura Road a preferable second home destination. In terms of ROI and rental income also the area is showing a decent appreciation. Also there are talks of developing amusement park in the locality. If the development happens the locality is also appreciate due to tourism potential.