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Electronic City, Bangalore

Pin Code 560100
4.1
0 Review

About Electronic City

in lies in residential zone South Bangalore.Average resale price in Electronic City is around 4430 per square feet, but people can enjoy higher luxury by paying some premium in projects like Homz Icon Laurels, Shanders Alta Vista and for those looking at more affordable options can consider Pragathi Royale II, Abode Breeze. It offers around 54 projects by reputed builders such as Godrej, Krishna Enterprises, Ajmera. Around 67% of projects in the zone are Ready to Move and 11% of projects in the zone are Well Occupied. Dominant unit type in Electronic City is 2 BHK consisting of 43% of total supply while 3 BHK consisting of 41% of total supply.

Electronic City, Bangalore - Key Highlights

  • This locality is near one of the largest IT hubs in India.
  • It is surrounded by a lot of greenery, making it extremely pleasant to stay in.
  • Lots of water bodies in the area keep the temperatures low in the summers.

Other Highlights of Electronic City

Social Infrastructure

Electronic City is one of the best areas to stay in Bangalore. It is surrounded by nature, but all the modern facilities are available. There are a lot of different scopes for entertainment and relaxation. The essentials are also available with many good hospitals in the area. Some of the best schools also have branches here. All different kinds of amenities are available in the shopping centres nearby.

Shopping Complex & Market

Neo Mall Rahul Shopping Centre M5-Ecity Mall Mahindra Millennium Mall Ittina Neela Shopping Complex MMR Shopping Complex

Health Care Centers

Sparsh Hospital Narayana Health City Bhumika Hospital Rakshya Multi-Specialty Hospital Himalaya Hospital Sri Laxmi Hospital Springleaf Hospital

Connectivity & Public Transport

By Road – The best way to reach any part of India or Bangalore is by using National Highways 44 and 48. These highways join Electronic City. Highway NH-44 comes from Srinagar, and NH-48 connects New Delhi and Chennai via Bangalore.

School, Bank & Fitness Centers

Schools Treamis World School SK Public School Hebbagodi Government School SFS High School Sujana Vidhya Mandira High School Silicon Valley High School VIBGYOR High School ACTS Secondary High School GVS English School Banks Canara Bank ICICI Bank Yes Bank Bank of India HDFC Bank Indian Overseas Bank Syndicate Bank Axis Bank Karnataka Bank RBL Bank Fitness Centers Rock On Fitness James Gym Ultimate Muscles Gym Ripped Gym and Fitness Center GymX Workout Plus Leo Fitness Center Dumbbells Gym Sweat Zone Gym

Popular Landmarks near Locality

Bannerghatta Biological Park Thottikallu Falls Shree Parshwa Susheel Dham Swetamber Jain Temple

Map of Electronic City, Bangalore

Electronic City Bangalore Map
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49 New Projects in Electronic City, Bangalore

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Most Preferred BHK

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Most Preferred Unit Type

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Electronic City - Price Trend

Micro Market Analysis

Capital and Rental Trends

During the pandemic, which affected Bangalore significantly, the prices of properties fell in this region by 2.6% in the last quarter of 2020. This happened especially as the IT Sector moved to work-from-home.In the Jul-Sep 2020 quarter, the square feet cost was Rs. 4721, which fell to Rs. 4658 in the Oct-Dec 2020 quarter. However, pre-pandemic prices were above Rs. 5000, hence investment is recommended. Rental trends show that a quarter of all available properties are in the ranges of Rs. 5000 to Rs.10000 per month, Rs. 10000 to Rs. 15000 per month, and Rs. 15000 to Rs. 20000 per month, and more. This shows a wide distribution of available rents.

Scope of Growth

Since this area surrounds one of India major IT hubs, prices are expected to keep increasing as the IT Sector burgeons. In fact, a good indicator is that per square foot prices rose from Rs. 1919 in 2018 to above Rs. 5000 before the pandemic began.

Investment Opportunities

This locality is ideal to invest in. Prices can be as low as Rs. 20 lakhs and can go as high as 80 lakhs. Choices are there for 1BHK, 2BHK and 3BHK. While apartments and villas are available, even residential plots are available to diversify the portfolio.

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