Bangalore city is the apple of an eye for all the IT professionals. But little did we all knew about the city’s transformation. A city that was built by the chieftain Kempe Gowda once had many lakes. All these lakes were part of the lifeline for all the residents. And one such locality with such lifeline is also Ramamurthy Nagar, that was basically a farmland. Being part of the north-east Bangalore, the properties for sale in Ramamurthy Nagar have fetched an elite place by most of the professionals working in the eastern region of the city.
Modernization leads to transformation. And it is much evident and proven in the history of any country and sectors like education, health, industry, arts & architecture, etc. One such transformation took place when BDA decided to develop certain parts of northeast Bangalore. And these areas are none other than Kasturi Nagar, OMBR & HRBR Layout, and some parts of east NGEF Layout.
As it was farmland, BDA did not lay its hands to develop this area. It was during the reign of the IT industry that the farmers gave away their portion of lands to the developers. The farmlands vanished slowly spearhead in the race of residential demands.
Now that we spoke about the evolution of the area, its time to know about the infrastructures. It lies near the outer ring road, and residents can reach any of the railway stations - KR Puram, Banaswadi, Baiyappananhalli, B.Channasandra. The traveling within the city is at now at ease with the Metro service in Baiyappananhalli. Some of the grade-A schools like Orchids The International School – Horamavu, New Learning Ladders International School, Jaigopal Garodia Rashtrotthana Vidya Kendra, New Baldwin International School Banaswadi, Sri Chaitanya Techno School are within 5-6 Kms from the said area. Apart from these, health care units, shopping centers, financial institutions make the region vibrant with both residential and commercial activities.
ITPB is still seen as the cornerstone for the growth of the IT/ITES parks in Bangalore. SEZ was also granted by the state government that emphasized the need of the hour by the said industry. Tech parks like Manyata, Bagmane, RMZ Infinity have all contributed to the increased demands of apartments, plots, or villas in Ramamurthy Nagar & its neighbourhoods. HRBR Layout, Banaswadi, Whitefield, Hoodi, Mahadevapura, Kadugodi, KR Puram, Kundalahalli, CV Raman Nagar are the upscale localities of this region.
Vigourous Real Estate activities in these areas have been in the picture ever since the IT boom. It was a boon for all the developers and hence prestigious builders are still eyeing for the domination of these areas. The land value is always on a positive track with plots approximately ranging from Rs.250 per sq ft to Rs.19,750 per sq ft. The apartments do fall between Rs. 2,100 per sq ft to Rs.20,650 sq ft price range.
Investing in such areas is always a step towards wealth creation, and choosing from one of the properties for sale in Ramamurthy Nagar can fulfill your dream of owning a home in the IT captivated land.