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The contents of this document along with the terms of the Website User Agreement are applicable to all hyperlinks under www.kinhousing.com You hereby acknowledge of having read and accepted the same by use or access of this Website. REAL ESTATE FACT SHEET OLD MADRAS ROAD, BANGALORE Well connected to major institutes and its proximity to Whitefield, makes Old Madras Road a much sought after location. With KR Puram Railway station only 6-10 kms and Whitefield under 5 Kms, moving to different parts of the city/outside city is easily accessible. The connectivity to the airport road through Cargo road has only made things better. Key facts Total availability – 3,111 units available Annual absorption of around 950 units Price ranges o Category A Builder – apartments – 3800 to 4700 psft o Villas – 4,000 to 4,900 psft o Category B Builder – apartments – 3500 to 4200 psft Average annual appreciation – 11% Average rental yield – 3 to 5% Malls – OMR Platinum Mall Educational Institutes – Garden City College, Cambridge Institute of Technology Healthcare – Koshy’s Hospital, BEML Hospital Key distances from Buddigere Cross o KR Puram – 10 Kms o MG Road – 19 Kms
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Real Estate Trends - Fact Sheet - Old Madras Road

Jul 26, 2015

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Page 1: Real Estate Trends - Fact Sheet - Old Madras Road

The contents of this document along with the terms of the Website User Agreement are applicable to all hyperlinks under www.kinhousing.com You hereby acknowledge of having read and accepted the same by use or access of this Website.

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REAL  ESTATE  FACT  SHEET  

OLD  MADRAS  ROAD,  BANGALORE  

Well connected to major institutes and its proximity to Whitefield, makes Old Madras Road a much sought after location. With KR Puram Railway station only 6-10 kms and Whitefield under 5 Kms, moving to different parts of the city/outside city is easily accessible. The connectivity to the airport road through Cargo road has only made things better. Key facts

• Total availability – 3,111 units available • Annual absorption of around 950 units • Price ranges

o Category A Builder – apartments – 3800 to 4700 psft o Villas – 4,000 to 4,900 psft o Category B Builder – apartments – 3500 to 4200 psft

• Average annual appreciation – 11% • Average rental yield – 3 to 5% • Malls – OMR Platinum Mall • Educational Institutes – Garden City College, Cambridge Institute of Technology • Healthcare – Koshy’s Hospital, BEML Hospital • Key distances from Buddigere Cross

o KR Puram – 10 Kms o MG Road – 19 Kms

Page 2: Real Estate Trends - Fact Sheet - Old Madras Road

The contents of this document along with the terms of the Website User Agreement are applicable to all hyperlinks under www.kinhousing.com You hereby acknowledge of having read and accepted the same by use or access of this Website.

o Airport – 41 Kms o Bypanahalli Metro Station – 12 Kms

Upcoming Infrastructure projects

• Airport connectivity to Saibaba Ashram Road via Old Madras Road • 6 lane Bangalore Chennai Expressway from Hoskote • Investment from Japan on Bangalore Chennai Corridor

Key Residential projects Project Status Price (psft) Nitesh Virgin Island Pre Launch 4200 Prestige Tranquility Ongoing 4000 Salarpuria East Crest Pre Launch 4090 Purva Midtown Ready to move 5400 Brigade Exotica Ongoing 5040 The average price is around 4400 psft for Category A builders Five reasons to be on Old Madras Road

• Proximity to Bangalore international airport and Whitefield. Due to its nearness to whitefield, the area allows easy access to various tech parks like ITPL etc. Also Old Madras road connects to the outer ring road thereby enabling easy movement towards Sarjapur

• Current rates – While the area is close to technology hubs and central bangalore, Old Madras road has the pricing advantage for all looking out for luxury, semi luxury projects in mid budget range. Prices range from 3800 psft upwards depending on the developer, location, amenities and other things.

• Appreciation – The area has off late started seeing appreciation in prices and saw around 11% appreciation last year making it a good investment centric area as well.

• Quality developments – From Prestige to Brigade you have some of the largest builders present in that area with the recent one being Nitesh Virgin Island and hence giving an opportunity to stay/invest in quality construction.

• Japan Corridor – With Japan Corridor coming on the Hoskote belt, there’s a lot of industrial development happening in that area making the side a hot micro market for investment