Varthur Road is an upscale area located in the eastern periphery of Bangalore. It is also known as SH-35, which connects Varthur to other major localities. The area is famous for being one of the top tech hubs in the city. It has housed several MNCs and tech parks that have given many jobs to a mass population. This has made it a nice place to live and invest. Buying a property in the area offers many benefits to the buyers. The locality offers premium housing options like villas that cater to the needs of homebuyers.
It is good to buy a villa in Varthur Road as premium builders like Prestige Group build these houses. The houses designed are perfect for people with large families and professionals needing office space. The houses ensure high returns and rentals. These prices and rents are based on the current price trends in the area. Varthur Road's seamless connectivity, top civic amenities, presence of IT hubs, and many other factors make it an ideal place to live.
Before buying a villa, the commonly asked question is, is purchasing a villa a good investment? Yes, buying a villa is a good investment option as its value increases with time. It promises high resale value and optimum for use.
Some of the reasons why it is good to buy a villa in Varthur Road Bangalore are:
-
Multiple villa options - The locality hosts many residential villa townships by developers like Prestige Group. These houses are offered in sizes 4 and 5 BHK with modern amenities. Buyers can invest in new projects like Prestige Raintree Park, which promises premium houses. These give customers an option to customize their dream home.
-
Safe area - Varthur Road is one of the safest localities in Bangalore. In the area, there are many emergency services. These include police patrolling at night, hospitals, fire stations, etc. Living here gives people a sense of security.
-
Robust connectivity - The area has robust connectivity through all modes of connectivity. It is well-served by the Kadugodi metro station, which is at a distance of 4.1 Km. There are BMTC buses also available that link people to all parts of the area. Its map shows the direction to major IT hubs like Whitefield, Sarjapur, and Marathalli is about 4-6 Km. It is 41 Km away from KIAB and can be reached in 1 hour.
-
Modern Amenities - Varthur is a nice urban locality that boasts many top civic amenities. These include top schools, hospitals, malls, cafes, and many more. There are many amenities near these houses that give comfort and reduce traveling time.
-
Tech Giants - The area houses more than 450 tech firms from around the world. This locale is perfect for tech professionals and is easily accessible. It has housed the largest tech park, ITPB, and Wipro's headquarters. This has given many job opportunities to people and given them a comfortable place to reside.
-
Potential for growth - Villas in the locality promises higher returns and growth. The avg price of villas in Varthur Rd starts at Rs 3 Cr onwards. People can get luxurious houses that are available for rent and start at Rs 55 K onwards.
The commonly asked question before opting for a villa is what are the disadvantages of buying a villa? Buying a villa is more expensive than buying any other property. This makes it hard for people with smaller budgets to afford one. Also, extra costs like stamp duty, registration, and other fees can increase the total price of the house.
Prestige Group prelaunch apartment is Prestige Raintree Park.