Bellandur A rising suburb: rapid development coming up in the vicinity

NT Features

Bellandur, also known as Theettoor, is a suburb located in the south-east of Bangalore surrounded by Sarjapur Road to the south, Bellandur Lake to the north, HSR Layout to the west and Devarabisanahalli to the east. It is known for its affordable rates, proximity to IT hubs and seamless connectivity, which are adding value to Bellandur.

Bellandur is also famous for its lake, which is the largest lake in Bengaluru. Bellandur has its own railway station, located only 4-km away. The Kempegowda International Airport is around 50 km away from Bellandur.

Social infrastructure

Social infrastructure plays an important role for rising demand in Bellandur. From shopping malls to hospitals, banks, colleges, schools and restaurants, Bellandur houses all the basic facilities and entertainment options like New Horizon Gurukul, Cloudnine Hospitals, State Bank of India, Global Technology Park, and coffee shops.

The strategically placed competitively-priced residential projects, location, proximity to tech hubs and excellent connectivity network are the primary reasons behind the increasing popularity of Bellandur in Bengaluru. It is known for its affordable rates, proximity to the IT hubs and seam less connectivity, which add value to Bellandur. Bellandur is a locality which holds a lot of potential for homebuyers and investors.

Proximity to tech hubs and the availability of affordable and mid-segment properties, the demand for housing options in Bellandur has increased in the recent past. Also, the extension of the Namma Metro project from Baiyappanahalli to Whitefield and RV Road to Bommasandra are expected to fillip the housing demand further and thereby, bolstering the real estate prices. Competitive property rates and strategic location are one of the key growth drivers for Bellandur. Capital values surged by 5 percent, rising from Rs 5,500 per sq ft to 5,800 per sq ft. Also, these rates are expected to rise further with the development of Namma metro lines in proximity to Bellandur.

Rental property demand is always available in Bellandur due to its proximity to tech hubs and several colleges. The average rental rates for a 1BHK is around Rs 8,500-Rs 15,000, a 2BHK is about Rs 20,500- Rs 23,500 and a 3BHK is Rs 28,000-Rs 31,800. Bellandur is a developed locality, and there is no scarcity of entertainment and recreational zones. Some of them include Bangalore Central, Market Square, Brookefield Mall, Kempfort, and The Forum Mall etc. It is a locality which holds a lot of potential for homebuyers and investors. Proximity to tech hubs and the availability of affordable and mid-segment properties, the demand for housing options in Bellandur has increased in the recent past.

Also, the extension of the Namma Metro project from Baiyappanahalli to Whitefield and RV Road to Bommasandra are expected to fillip the housing demand further and thereby, bolstering the real estate prices.