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How can the metro rail connectivity have a bearing on the property prices in a locality

Last updated on January 23, 2017

The need for quick connectivity is not lost in the urban jungle. As technology brings better systems for people to commute, the realty sector is often affected with transportation and infrastructure. Metro rail connectivity is the latest demand for any area for suitable investments to flow. As Bangalore moves on wheels (rail and road) as an international metro, the need for upgrading the infrastructure has fuelled the growth of some outskirt areas of the city. Places like Devanahalli looks good for investments. There are many villa plots for sale in north Bangalore.

Single factor to determine property price

Many consultants advise buyers to look for’ value buy’ for their investments. The connectivity of the metro rail for the middle class is a necessity. With many households having at least two cars and roadways being saturated, the development of the metro rail is most welcome. This is one expected reason for buyers to look for plots for sale near Devanahalli. It is a bit outside the main town, but the current crop of projects is already trending higher. The current market conditions are best suited for areas which have metro connectivity. It gives an advantage to people who need to move quickly from one part of the town to another, not necessarily in the context of their job, but even otherwise.  Everyone considers the property to be a priority-the young look for long term gains and pensioners like to move out of the busy places. Devanahalli offers serendipity to senior citizens and a hope for young families. The current flow moves on the buyer’s priorities and needs and the metro rail is one of the best infrastructures to connect various areas of Bangalore.

Shifting form old to new

In the last 2-3 years, residential plots in Devanahalli, Bangalore are being considered a ‘value buy’ for many people who wish to shift from the old town to settle into a new lifestyle. Infrastructural development is important for any buyer. Over a period of time, the old structures have developed cracks and not suitable for connectivity. Having a rail route opens opportunities for people to buy plots in such areas. With the announcement of the metro rail, Devanahalli is the next hot property destination. Developers and builders are already making projects in this area, keeping in mind the needs of the buyers. Giving plots allow people to make the homes they fancy. Devanahalli has open green spaces that are ideal to build villas. Builders are offering the latest services and amenities to help buyers to make a good choice as they shift from the congested areas of old locations in Bangalore.

Metro rail gathers speed and adds quality to lifestyle

When we speak of plots for sale near Devanahalli, the international airport cannot be ignored. It is said that by 2025, the number of people entering or leaving the city will be close to 40 million. This makes the need for the Metro rail project to start quickly. The Bangalore Metro Corporation will need more than 10 years to complete the same. The process has begun and is gathering momentum. To ease the congestion on the roads, it is essential to have the metro rail operational which covers areas like Devanahalli and also Chikkaballapur. It is already well known that if the connectivity is poor, it will affect the passenger traffic. Moreover, these areas which are on the threshold of development need such a system to ease the congestion. Bangalore is already considered an economic hub not only for IT but other industries also. The business community will prosper as the metro connectivity is boosted. Already the roads in Bangalore are congested. The alternate system will be a value addition to the residents of the city and outskirt areas. Many people who have migrated to the city for work, will be able to use the metro to commute to work and reach home on time.

Author bio:

Samantha is a business architect in the real estate industry. She has 5 years of experience in this industry and has got huge knowledge on the various real estate projects like plots for sale in chikkaballapur. Connect to know more

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