Real Estate in Bettanahalli Bangalore

People wonder why Bettanahalli is fast developing into a real estate hub in Bangalore. The answer is simple. The realignment of office work culture and work from home becoming the new normal during and after the pandemic has led to the demand for cheaper living options in Bangalore. This new trend is due to the need among young IT professionals looking for more affordable living. The IT sector, especially the software companies, are now pushing for the hybrid work model for its employees, with around 85 % of the workforce working from home.
Working from home means less noise and peaceful surroundings. Techies prefer moving to less congested areas and serene surroundings without much disturbance. The fear of long-distance commuting to the workplace was not a factor anymore. Encouraged by excellent connectivity and availability of all amenities, the outskirts of Bangalore, especially North, have made the location the first choice for developers and property seekers.

Bettenahalli – the new destination for the next Generation

The price of real estate properties is comparatively lower in the outskirts than from the central city hub. It is no different from a place like Bettanahalli, around 33 km from Bangalore. Property developers have already made this location the new destination hub, especially for further IT expansion. The start-ups are the next revolution similar to what Bangalore city, especially South and East locations, saw in the early 90s at the start of the liberalization policy of the government.

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Connectivity is another factor that determines the success of real estate properties. People buy properties keeping in mind the commuting for work, educational institutions, and market place. A location with railway stations, bus terminuses, and an international airport has one of the most significant advantages for comfortable living, commuting, and traveling and is excellent for trade and commerce. For example, the rural areas around Bettanahalli, known for farm produce, can use logistic networks and transportation infrastructure to supply the products to other parts of Bangalore, thus playing a crucial role in the supply chain industry. Similarly, businesses dealing in modern amenities can vice versa use the connectivity to develop these locations and ensure the supply of products that favour the young generation working in the IT sector.

Even before the new boom, Bettanahalli always had a decent all-around development in place, thanks to the initiatives taken by the Government decades ago. Apart from the natural greenery and pollution-free environment, the area had marketplaces, Healthcare centres, educational institutions, government offices, banks, and ATMs. Availability of autos and taxis for local commuting was adequate.

The saturation of Bangalore city necessitated the movement of the population to the outskirts. Real estate companies and developers saw this as an opportunity to develop locations such as Bettanahalli. Developers like the Prestige group played a vital role in developing Bangalore in property infrastructure over the past 35 years. Having an experience in more than 250 + real estate projects, they are on their next mission to change the real estate landscape in Bettanahalli. The announcement of the prestigious Prestige Marigold pre-launch date for a project spread over 50 acres is sure to be a game-changer for real estate in Bettanahalli.