Electronic City Phase II, Bangalore

Electronic City Phase 2 is a famous locality. It supports technology parks, residential complexes, and industrial units. It is a well-known locality in Bangalore. Electronic City Phase 2 is surrounded by excellent regions like Rayasandra, Kammasandra, Veer Sandra, Gulimangala, and Electronic City Phase 1. Electronic City Phase 2, Bangalore is home to modern schools, hospitals, and shopping malls. Many properties are available for sale and on a rental basis in Electronic City Phase 2.???????

Most of them consist of 2-3 BHK apartments and also Multi-storey Apartments. The average price of a Multi-storey Apartment in this locality is around Rs.4500 per square Ft. Price of 2-3 BHK starts from Rs.20 Lacs and can go up to Rs. 3 Crore depending on the exact location and built-up area of the flat. Few Independent houses and plots are also open for sale in Electronic City Phase 2. Rent in this region is reasonable and affordable. Around 20+ properties are available for rent here currently.

Key Highlights

• Electronic City Phase 2 is a technology hub.

• Several ongoing residential, commercial as well as infrastructure development projects.

• Clean and peaceful locality

Whats great?

• Availability of all essential services

• Lavish and spacious homes

• Variety of properties and reasonable rates

• Good Road Connectivity

Whats not great?

• Still a lot of scope for social and retail Infrastructural development

• Traffic problems 

• Comparatively low ratings regarding neighborhood

Watch Out For

• RV Road- Bommasandra line of Namma Metro, which is under construction

• IFIM Business School

• Tech Mahindra SEZ Park

• Wipro Technologies Campus

• SNN Raj Greenbay

• Concorde Epitome

Property Rising Factor

Short term

• Advanced and modern amenities

• Presence of schools, technology hubs, hospitals, and commercial complexes

• Spacious and suitable properties 

• Easy accessibility to markets, shops, and stores

Long term

• Good Connectivity

• Upcoming social infrastructural development ventures

• Many ongoing residential properties construction projects

• Employment opportunities

Other Highlights

Social Infrastructure

Social Infrastructure of Electronic City Phase 2 is well-planned and advanced. Many upcoming plans are being chalked out to make the infrastructure stronger and developed in the true sense. Excellent educational institutes and healthcare services prevail in this locality. Flyover and wide roads make transportation safer and more leisurely.

Shopping Complex & Markets

• Bangalore Fruit Market: Singena Agrahara Road

• Metro cash & Carry Hypermarket: Ecity

• Royal Meenakshi Mall: Hulimavu

• Vega City Mall :BTM Layout

• Gopalan Innovation Mall :JP Nagar

Health Care Centres

• Vimalaya Hospital: Huskar gate

• Mazumdar Shaw Medical center: Hosur road

• Springleaf Hospital: Konnapanna Agrahara

• Sparsh Hospital

Connectivity & Public Transport

Hosur Road, Electronic City Flyover, and NICE Ring Road make road transport easy and comfortable. It also increases the connectivity of the region.  Buses and Cabs are also available in Electronic City Phase 2 to travel anywhere. Heelaige Railway Station is just 7 Km away from Electronic City Phase 2. This region is well-connected to all major localities of Bangalore.

Schools, Bank & Fitness Centres

Schools and Colleges in the area:

• Jagdish Sheth School of Management: KIADB Industrial Area

• IZee College, behind Royal Oak: Electronic City Phase 2

• Florence Degree College: Huskar Road

• Vismaya School and PU College

• Mother Theresa High School

Bank in the area:

• ICICI Bank ATM: Ecity2

• Karnataka Bank Road: Anantha Nagar Road

• Central Bank of India: Kammasandra

• HDFC Bank ATM: Neeladri Nagar road

Fitness centers in the area:

• James Gym: Shantipura Main Road

• GYM X Fitness Redefined: Kammasandra Village Road

• Shape & Style Gym: kamdhenu Layout

• Dumbells Gym

Popular Landmarks near Locality

• Electronic City Phase 2 Metro Station

• Thimmarayaswamy Fort Temple

• Veerasandra Lake

• Marys Greenhouse

• Electronic City Phase 2 Park

• Muthyala Maduvu Falls

• Bannerghatta Biological Park

Micro Market Analysis

• Capital and Rental Trends

The Capital and Rental Trends of Electronic City Phase 2 fluctuate and show a 2% rise in the last quarter. The demand for Apartments and properties in this region is increasing. Various properties are available here. The Capital and Rental Trends will tend to rise in the future due to the facilities prevailing in this locality.

• Scope of Growth

There is a lot of scope for the growth and development of this region. Many future ventures and projects will be carried on soon. Many offices and companies are present in and around this area. Developments are a must. 

• Investment opportunities

As Electronic City Phase 2 is a favored locality, and demand graph too shows an increase. Investment here is beneficial and profitable. The rates and properties here are favorable and suitable. Many projects are ongoing that provide various opportunities for investment like Mahaveer Edenfield, Kritan Iris, Shriram Liberty Square, and Opulent SRC Blue Bells.