Top 12 Location Advantages of Investing in Properties and Apartments Near Electronic City
Karnataka State Electronics Development Corporation Ltd or KEONICS is the civic authority body of the Government of Karnataka that has undertaken the responsibility of redefining the infrastructure model and technology advancement of Bengaluru. With their initiatives of Information Technology Infrastructure Development, Electronic City is developed across 332 acres to facilitate a progressive lifestyle.
1. One of the Most Extensive Tech Hub
One of the reasons why Bengaluru quickly rose to the status of a metropolis is due to the introduction of the IT sector that has catapulted a competitive job market. Several MNCs have established their base in the Electronic City allowing a wide spectrum of career opportunities for fresher graduates and experienced professionals alike.
Some of the prominent commercial zones in Electronic City Phase 1 are: Venkatadri IT City, Salarpuria Infozone, Velankani Tech Park, Equinox Tech Park, Harita IT Park
The proximity of such professional networks has encouraged start-up culture as well. A general innovative environment can be experienced in Electronic City, a suitable place for enhancing your career. The mass recruitments of young graduates have formed substantial demography at Electronic City leading to an upsurge in requirements for 1 and 2 BHK flat in Bangalore.
Some of the MNC campuses situated in Electronic city are:
Wipro, Tech Mahindra, Infosys, Hewlett-Packard, HCL, Schneider Electrics Tata Consultancy Services, Birla, 3M India Ltd, Capgemini, Siemens, Yokogawa etc.
2. Public Sector Undertakings PSUs
Most PSUs harbour operational plants that are situated in isolated remote areas owing to the mammoth-sized construction requirements. However, Electronic City has integrated an industrial space that can accommodate such manufacturing and logistics companies. The employees need not commute to remote locations every day, such integrated spaces have allowed a healthy work-life balance.
Accomplished government companies are based in Electronic city offering diverse opportunities for graduates and experienced professionals in core fields.
Bharat Heavey Electricals Ltd BHEL, Indian Telephone Industries Ltd ITI, Karnataka States Small Industries Development Corporations Ltd KSSIDC, Bangalore Electricity Supply Company Ltd BESCOM.
3. Service and Training Centres
With the massive industrialization within the city, the working force has to be trained pertaining to the frequent updates in technology. Electronic City has incorporated various training centres that offer field-specific training to existing employees as well as graduates who want to get job-ready.
Some companies such as Infosys, Wipro, Tech Mahindra etc that have established campuses in Electronic City consist of mandatory in-house training facilities that provide updated software training to all graduates.
These accredited institutes present certifications that are recognized by major industries thus ensuring better career prospects.
Some of the prominent service and training centres in Electronic City are:
- Software Technology Parks of India STPI– (also offers support to startups)
- International Institute of Information Technology IIIT Bangalore– (research institute)
- Nettur Technical Training Foundation NTTF– (offers ‘Learn and Earn’ program)
- Bangalore Business Management Association
4. Educational Institutes
True to its reputation as an innovative city, Bengaluru has adapted a quality educational system that emphasizes producing a highly qualified workforce, also providing International recruitment exposure.
One of the most reputed B-schools in India-IIM Bangalore is located in the vicinity of Electronic City within a reach of nearly 30 mins.
Other prominent educational institutes that facilitate better Pan-India placements, located in Electronic City are:
- Symbiosis Institute of Business Management
- Welingkar Institute of Management Bangalore
- Xavier Institute of Management and Entrepreneurship
- Institute of Finance and International Management IFIM
- ISBR Business School Bangalore
- Institute of Bioinformatics and Applied Biotechnology IBAB Bangalore
5. Easy Access to the Airport
Since Banglore is the sweet spot for aspirants from all over the country, the modes of transport need to be feasible for frequent travel plans.
Bengaluru Airport is most commonly known as Kempegowda International Airport providing access to major airlines such as AirAsia India, Alliance Air, IndiGo, Go Air, Star Air, and a focus city for Air India and SpiceJet. It facilitates travel to all over the country and major international destinations.
However, the issue arises with the commute en route since the prime traffic hours can lengthen the journey. To reform this hassle, India’s first-ever HeliTaxi services were introduced that minimize the time to mere 15 minutes. Add into this bargain, the blissful view of the beautiful garden city overhead simply eradicates all the travel stress. The easy pick-up and drop off from the Thumby Helipad is located in the Electronic City Phase 1.
6. Essential Services
The expansion of the corporate sector directly corresponds to requisites for supreme essential services in the vicinity. Since, Electronic City hosts both commercial as well as a residential zone, provisions for best healthcare and emergency services are made available within convenient reach. These abundant resources have entrusted this area as an efficient residential zone leading to high demand for theseapartments in Bangalore.
From Multi-speciality to specialized clinics and hospitals, varied needs are taken care of within the perimeter of Electronic City.
- Vimalalaya Hospital
- Narayana Multispeciality Clinic
- Kauvery Hospital
- Motherhood Fertility, Electronic City
- Cloudnine Hospital.
- Aayush Children’s Hospital
- HLC Ayurveda And Nature Cure Hospital
- Narayana Nethralaya
- Blossom multispecialty hospital
- Springleaf Healthcare
With an established residential zone, several CBSE, State and ICSE board schools are founded to ensure quality education for your child.
- Delhi Public School DPS Bangalore
- Sorsfort International School
- Bluebell Public School
- Feathertouch International
- Edify school
- Treamis World School
7. Recreational Facilities
The standard of living in Electronic City has shown a tremendous trajectory owing to the burgeoning corporate sector and the expansion of the real estate market.
Since the majority crowd comprises working professionals, a dire need for revival from hectic schedules is almost a necessity. The expectations of recreational facilities were met with several malls, restaurants, hospitality services, and a dynamic nightlife.
- To provide the convenience of shopping and entertainment factor, one can access malls like DMart, Forum Mall, Royal Meenakshi Mall, Village Hypermarket and a few others in the nearby locations.
- Provisions for the best hospitality services are available since the corporate world attracts international business, hosts meetings and several high-class events. Some of the star hotels in the area are The Oterra Hotel, Golden Tulip, Lemon Tree etc.
- To present the true essence of a metropolis with happening nightlife, several pubs, lounges, eateries and resto-bars are available in the Electronic City:
46 Ounces Brewgarden, Sherlock’s Pub, Gilly’s Restobar and many more
8. Metro Rail
Bangalore Metro Rail is an extensive network commonly known as Namma Metro- a joint venture between the state government of Karnataka and the government of India. The network is a hybrid of elevated, at grade and underground stations, divided into several colour-coded lines.
While the Blue and the Green Line are already operational; the proposed plan for the Yellow line will connect Electronic City to a vast network from Rashtreeya Vidyalaya Road to Bommasandra, with several junctions to Blue, Pink and Green Line. The completion of the under-construction Yellow Line is expected to be by December 2022.
9. Suburban Rail
The Cantonment Railway Station is one of the three Railway Stations in Bengaluru connecting the city to other states. The vast network line allows faster and accessible travelling plans.
One can reach this Railway Station from the Electronic City via the Electronic City Flyover in under 45 minutes.
10. Elevated Expressway
While the integrated infrastructure equipped with advanced technology has made the city highly functional, on the flip side, such rapid progression also tainted the streets with traffic congestion.
To relieve this time-constraining aspect, an Elevated Expressway was constructed that stretches from Silk Road Junction to the Electronic City. This reduced the commute time considerably to mere 10 minutes.
The elevated structure also allowed optimization of space and cleared the traffic from the bustling tech hub of Electronic City.
The entire Electronic City is inter-connected with this flyover with three exits:
- One is an outlet to Electronic City Phase 1 by the right side.
- Second exits in the direction of Electronic City Phase 2 by the left side
- The third one directs to Attibele in Anekal
11. NICE Ring Road
As a segment of the Bengaluru-Mysore Infrastructure Corridor (BMIC), the Nandi Infrastructure Corridor Enterprises (NICE) road is a 4-6 lane proposed private tolled expressway.
A significant portion of the construction is completed, consisting of a half-circle around Bangalore starting from Electronic City all the way to Tumkur Road, completely operational in this area.
12. Hosur road
From the initial location of South Bengaluru, this 4-8 lane Highway road stretches along the National Highway 7- starting from Vellara junction on Richmond Road to Attibele in Krishnagiri, Tamil Nadu.
The road connects the in-between junctions of commercial hubs of Koramangala and Silk Board.
The biggest advantage was direct access to the Electronic City as provided by the 11 km long tollway. Hosur Road has several amenities within its perimeter and connects the infrastructure mentioned previously with ease and convenience.
All these advantages have factored in, Electronic City makes up for a wholesome location to live in. Leading to an upsurge in the real estate market with the substantial value among the properties in Bengaluru/Bangalore.
A well-gated community is formed in the residential zone of Electronic City with several real estate developers introducing quality projects. Kolte-Patil iTowers Exente offers 2 and 3 BHK flats for sale in Bangalore conducive for working professionals, families, and young adults who are venturing out independent lifestyles.
The robust infrastructure and an integrated environment of secured residences and innovative tech hub have cemented the demand for Electronic City real estate among the other apartments in Bangalore.
Capitalise on this real estate boom with iTowers Exentethat offers affordable 2 and 3 BHK apartments in Bangalore.
RERA No. iTowers Exente – PRM/KA/RERA/1251/310/PR/171026/000862
Q1: What are the total acres of the residential complex of iTowers Exente?
A: A widespread land of 5 acres for iTowers Exente is recorded.
Q2: What are the specifications offered in the apartments of this residential project?
A: Specifications ranging from 2 and 3 BHK apartments are offered respectively.
Q3: Is investing in Electronic City economical?
A: Electronic City is known to harbour people from various socioeconomic backgrounds. Which is one of the main reasons why real estate developers have constructed projects catering to varied requirements. iTowers Exente is one such project that offers reasonable prices for ample space.
The property value of this area is on an upward trajectory, so investing in a project at this moment will guarantee good ROI. Also, one can rent out apartments since several young professionals prefer renting, one of the reasons for high rental returns.
Q4: Which are the nearby locations to Electronic City?
A: Attibele, Chandapura, or Bommanahalli which were mere villages at first have been renovated into high functioning suburbs as well are located adjoining Electronic City.
Q5: What is the distance of iTowers Exente from the proposed metro station?
A: A convenient length of barely 850 meters is the distance to the metro station.
Q6: What is the status of this project?
A: iTowers Exente is under-construction as of now with select towers allotted possession date by 2022.