Mahendra Aarya - Located at Electronic City (E City Road) in 9 Acres of green land.
The Project Mahendra Aarya is developed by the Mahendra Homes, which has built many projects in and around Bangalore.
Mahendra is happy to announce the launch of a new residential project aptly named Aarya, with the ambience of serene and green environment. You can choose from 2 and 3 BHK apartments in different configurations. It has come up with many unique amenities such as multi-purpose court for basketball and tennis, trampoline park, badminton court, musical garden and a seprate pet park.
The projects of Mahendra Homes are generally affordable also , and other people of just about all income Homess can possess such properties. Mahendra Homes has experts altogether fields, which incorporates architect appointments, land acquisitions, construction services, sales, after-sales services and designers also.
The Garden City of India, Bangalore has seen a positive and speediest growth in the past two decades. Bangalore is best known for its cosmopolitan vibe which is one of the crucial factors of growth of the city along with that growth of IT/ITES industry has been the real drive for development, being the IT capital of the country it is surrounded by multi-social populace and their different requirements. Bangalore is one of the fastest metropolitan cities in India comprising extravagant Real Estate Market. Developing cities across the country have taken the real estate market by storm. India has never witnessed the urgency of residential spaces in the past few years. Residents have effectively realized the opportunity to invest in properties and are transitioning to real-time homeowners. The impressive real estate growth chart of north, south, east and west of Bangalore has changed the game altogether. One of such flourishing regions in South Bangalore in Electronic City real estate market. Situated in Anekal Taluk in Bangalore South. It got its name from Karnataka State Electronics Development Corporation Limited (KEONICS), an organisation dedicated to the objective of promoting electronics industries in Karnataka. The locality of Electronic City is divided into Phase 1, Phase 2, and Phase 3.
THE MAHENDRA HOMES is coming up with an interesting project named Mahendra Aarya it’s a residential project surrounded by luscious greenery along with all the major IT offices in and around that place. The project offers 2BHK.2.5BHK AND 3 BHK apartments with a plethora of amenities such as clubhouse, badminton court, trampoline park, musical garden, separate pet park.
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Mahendra Aarya at E City Phase 2
The project is affordable and suits every income group. Right now this one of the top projects Mahendra Homes is going to launch in South Bangalore, already they have initiated with the allotments on 1st February 2020 and 5th February 2020. The project is spread across a total land area of 9.17 acres with 2 towers having 15 floors on each tower. If we take a look at the area of the configurations available are, the configuration of 2BHk is of 1054sq.ft, the configuration 2.5BHk is of area 1417sq.ft and castle 3BHK is of 1495 sq.ft area. The project comprises of a plethora of amenities. The project is getting launched in another 3 months.
The apartments at Mahendra Aarya project are available at many types of configurations for proving the customers with exactly what they need. There are four types of flat configurations in Mahendra Aarya. They are 2 and 3 BHK flats. The flats can also be booked the EOI form. Currently, it is only for the existing customers of the Mahendra Homes.
Residential & Commercial infrastructure growth in Electronic City
Bangalore, as already told, is one among the foremost demanding areas when it involves the event of residential and commercial properties. As a result, the expansion of land within the city has been vast. within the city of Bangalore, and particularly within the Southern area, lies the locality of Electronic City, which is currently one among the demanding places for land growth. the situation is definitely reachable from many prominent Public Sector Units, with HMT and BEL, to call a couple of . The place Electronic City is structured very compositely when it involves consisting of varied layouts and sub-blocks. a number of the prominent ones include Balaji Layout, AMS Layout, Srinidhi Layout, Bharat Electronics Ltd Layout or BEL, Hindustan Machine Tools Layout or HMT, Nanjappa Layout, National Tuberculosis Institute Layout or NTI, and Defence Colony.
At present, the price range per square feet in Electronic City vary from Rs. 2417 to Rs. 75188, where the average price per square feet is Rs. 2533.36. The increase in the pricing has been regular, but not too fast. The price rise has also been considerable, with a rise equaling 82.3 per cent increase in the last six months.
Property price trends at Electronic City
Bangalore has always been an exciting place when it comes to the trends in property prices. The city is a centre for technological institutions, with some of the best multinational companies in IT and various other sectors opening up their buildings in Bangalore. The city is mainly known for its technological advances. Bangalore is also known as the Silicon Valley of India, due to the massive number of IT hubs present in the city. It is quite evident that with such a vast amount of technological centres present, the job opportunity in the city is also quite good.
As expected, the demand for the properties at Electronic City, Bangalore are on the higher side at present. As a result, the rates of the various types of properties in Electronic City, whether it is for buying or rent, are on the rise. The rates of property in Electronic City are thus, changing and increasing slowly. This provides an excellent opportunity to all the real estate investors to invest in properties located on Electronic City. However, it is advised to read the movement of the real estate market very carefully, and then only take a decision. This will ensure that the profit acquired by the real estate investors is maximized. Statistically, the actual price trend in Electronic City and the nearby areas can be accurately represented by pie charts and graphs. For investors, it is recommended to study such data to get a proper read on the market movement.
When looked at the present stats of real estate properties in Electronic City, there are over 350 confirmed projects. Generally, the starting price of the properties at Electronic City in the present is from Rs. 11.40 lakh. However, the properties are present for people belonging to all age Homess. With higher-end customers kept in mind, the highest property prices at Electronic City are Rs. 12.00 Crore. When considered in an overall manner, the average prices of properties at Electronic City are equivalent to Rs. 1.24 Crore. In the last year, the property trend in Bangalore is on the upside. The same uptrend has been recorded in the previous six months at Electronic City as well.
Investing in Mahendra Aarya- Is it your money’s worth?
Strategically Located at Electronic City the main reason of property investments is the land value that appreciates over time based on several factors. Developers should try launching their respective residential projects in emerging localities as opposed to areas that are already established. On the contrary, residents should make it a point to consult with professionals for an in-depth understanding of the real estate market. This helps them study location development and analyze on prospectives investment decisions. Mahendra Aarya located to precision at Electronic City offers benefits in terms of high rental returns and land appreciation. Electronic City which is a prime residential location offers great benefits for comfortable living spaces. Also, the presence of shopping multiplexes, commercial and retail spaces enhance land value increase along with major tech parks in this region are Wipro Campus, Infosys, HP,3M,GE, Tech Mahindra office and Velankani Tech Park. Another plus point is Electronic City is in close proximity to Sarjapura, Bellandur, Marathahalli which constitute the major IT hubs. Apartments around Electronic City are in demand as the value of the land continues to grow depending upon variable factors. One more part that has to be emphasized are the amenities at the site. This would effectively enhance the level of comfort, safety and convenience at the same time. Be it at any location, the absence of such features can adversely affect the credibility of the project.
Pre-requisites to follow before investing at Electronic City
Property investments are long-term prospects. First-time investors should take their time and consult with professional advisers for a clear understanding about the property market. As these are crucial decisions, residents need to make sure they have a checklist of their priorities before jumping into purchase decisions. Investing in Mahendra Aarya can help you choose between under construction projects and ready-to-move in homes. Either one of these options offer individual benefits. Employing a collective approach can help you make smart decisions without any grievances in the future. Invest Now!
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