biotech is a residential area that is rapidly developing and is in the vicinity of electronic park coming up in the southern fringes of Bangalore. bommasandra, gottamaranahalli, kithiganahalli, muthanallur amanihere and suryanagar are all in the neighbourhood.
there are presently 2 bhk apartments available only for rent in biotech park. the area is very d healthy with plenty of greenery. the area is blessed with cool, comfortable weather, and there are excellent avenues for healthy living in the form of health centres.
biotech park is developing as a residential area and is a good place to live in.
key highlights
plenty of open areas with flora and fauna.
conveniently placed on the nh 44 and well connected by road.
whats great?
a little bit of almost everything, all amenities for the asking.
apartments not too expensive and quite affordable.
it and commercial hubs with industries nearby.
whats not great?
accumulated trashing rots and stinks.
Watch out for?
residential plots and 2 bedroom apartment at quite reasonable rates at biotech park and 2 bhk apartments coming up for sale in biotech park
property rising factor
short-term: residential plots will appreciate in value with or without construction, even during short periods.
long-term: gains on purchased plots in biotech park are likely to be very good in the long run.
other highlights
social infrastructure
biotech park is being developed, and good infrastructure has developed in the area with good housing projects by reputed builders. there is a good infrastructure of basic amenities roads, transport, medical and commercial facilities are all available within the area.
markets and shopping complexes
the area around biotech park has several shopping centres ranging from grocery shops to convenience stores and larger malls. a selection within a 10 km radius has been listed here.
srt mall
reliance mart
chandrapura market
neo mall
market square mall
d mart bommasandra
health care centres
biotech park has the following hospitals within a 10 km radius.
best hospital
athreya hospital
narayana hrudalaya
srichakra hospital and vaccination centre
government hospital
blossom multispeciality hospital
narayana institute of cardiac sciences
connectivity & public transport
the nearest metro station to be in Electronic City is soon to be ready for operations.
airports and railway stations are further away but well connected by a network of roads.
biotech park has connectivity with the rest of bangalore via the nh44, sh35 and the chandapura dommasandra roads.
schools, banks and fitness centres
the immediate vicinity around biotech park is blessed with good schools, banks, and fitness centres residents can choose from.
schools
manipal international school
st. philomena school
ebenezer international school
leeway school
svrhs school
nazareth school
vk public school
banks
karur vysya bank
andhra bank
indusind bank
chandrasaker assoceates
bank of india
vijaya bank
icici bank
corporation bank
fitness centres
burn and blast fitness centre
evolution gym
evolution fitness
br bothers gym
dream fitness a/c
popular landmarks
the most attractive features besides biotech park are the muthanallur lake and the jr meadows park.
micro market analysis
capital & rental trends: 2 bhk apartments and plots are presently available at biotech park. the 2 bhk s are priced at rs 1.32 crores and are offered on rent at rates varying from rs10000 to rs 15000. there are plots of land, especially for homes, that cost between rs 21 to 29 lakhs. the area of these plots are 1200 to 1500 sq. ft.
scope of growth: biotech park area will grow due to the strategic advantage of its proximity to the electronic city and has the potential of growing into an upmarket residential hub and a mini satellite town in its own right.
investment opportunities: prospects are very good and promising. the growth potential of biotech park is an assurance there will be good to very good returns on funds invited to purchase prime property here.