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Prestige Dolce Vita is a new launch project located at Electronic City, Bangalore.<br>http://www.prestigedolcevita.in/blog/real-estate-trends-in-electronic-city.html
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Prestige Dolce Vita Residential Apartment Electronic City Phase 1, South Bangalore
Project Info.. • Prestige Dolce Vita is a new luxury prestigious residential apartment developed by top real estate developer Prestige Group. • Prestige Dolce Vita is situated in one of the popular regions of South Bangalore. • Electronic City was established by Karnataka Electronics (Koenics), which is spread across1.3 kms. This place is developed in 3 phases; phase I, II, III and it is surrounded by areas like Mico Layout, HSR Layout, Kammanahalli, Bommanahalli and Bilekahalli. • The residents of Prestige Dolce Vita will have the ease of communicating to rest parts of the city via different transport services like BMTC, BIAL and other private buses & autos. The City Railway Station is just 24 kilometers away while the International Airport is 55 kilometers away via the Electronic City Phase 1 Flyover and Hosur Road. A metro line is under construction from RV Road to Bommasandra which will help in enhancing the connectivity to this place more. Electronic City is also home to many educational institutions, hospitals, malls and shops improving the infrastructure of this place.
Surrounding Development in Electronic City • Electronic City, set up by Keonics which is a pioneer in IT and infrastructure development. It started as an industrial estate for the electronics segment is now one of the biggest IT hubs in the country. Home to many small, medium and large companies, this part of South Bangalore is divided into three phase namely- Phase I, Phase II, and Phase III. Electronic City enjoy’s a great connectivity to other parts of the city. The Peripheral Ring Road which connects four highways- Tumkur Road, Bellary Road, Old Madras Road and Hosur Road- will provide seamless connectivity to Tamil Nadu and Kerala. Other areas are connected through the elevated Hosur Expressway which makes daily communication faster and easier. This place also includes a number of civic amenities for the convenience of the people residing here. Renowned hospitals, shopping malls, educational institutes and many retail stores have opened up simplifying the lives of the residents here. Seeing so much development within this locality many reputed builders have shown interest in launching their projects in E-city. And with the upcoming Phase II of Namma Metro and the Peripheral Ring Road the future of Electronic City seems very bright from residential and commercial growth.
Apartments in Electronic City • As Electronic City is very well-located to many reputed IT companies And it offers great connectivity to many nearby localities the demand for has increased in the last few years. This demand has come mostly from the professionals who seek for an affordable residence nearby this area. A number of real estate builders have already come up with their prestigious here. Some of the apartments available in Electronic City are Godrej E-city, Salarpuria Sattva Cadenza and Sobha Silicon Oasis, Provident Rising City. These developments are providing their spacious and luxuries homes fulfilled by a number of well-equipped amenities within the same development. The residents can enjoy their free time with their families and families without even stepping out of their compound.
Real Estate Trends in Electronic City • If you have plans to invest in a property in Electronic City, then this locality will offer some of the best residential spaces at an affordable price. At present the real estate trend of Electronic City is Rs 2,100-5,400 per sq ft. This locality is in a growing phase and many new infrastructure developments are taking place. Even though the price appreciation has gone from 13%-14% over the last couple of years the demand for a residence has not come down. Once the proposed Namma Metro Phase II and the Peripheral Ring Road starts running the price trends are expected to rise more. If we compare the real estate trends with other parts of the city then, the current rates of E-City are found to be quite reasonable with diverse housing options, for investors making it a great investment scheme.
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