Founded in 1978 by the Karnataka State Development Corporation, Electronic City was primarily developed as an industrial park for all major IT hubs. Over the years, with a sudden but steady rise of technology in Bangalore, Electronic City soon came to be known as the Silicon Valley of India. The closeness of IT sectors, other social amenities, and smooth traveling systems made it a popular choice amongst homebuyers and investors as well. Today, a 1BHK luxurious apartment can cost INR 80 Lakhs on average.

Prestige Group, being one of the most reputed builders in India, saw the demand for premium homes in this area a few years ago. Since then, they have made stunning residential projects like Prestige Tech Park, Prestige Sunrise Park, and Prestige Finsbury Park in this area.

Let us discuss the advantages of living in Electronic City:

1. High Employment Opportunities

Electronic City, Bangalore, has no shortage of some of the best IT companies in the world. Top organizations like Infosys, Wipro, and Tech Mahindra have their headquarters in this region. The area provides every world-class facility to help these companies gain global recognition. With such a dense number of IT companies, start-ups, and other MNCs, the job market in this area is pretty vibrant. Each year, thousands of new job opportunities are generated. Hence, having a home near these companies can really be beneficial for a professional seeking career upgradation.

2. Future Prospects and Expansion Plan

The Electronic City has a bright future ahead. With ongoing expansion plans and rapid social development, this area is becoming one of the most in-demand areas of Bangalore. Yellow Line of Namma Metro joining RV Road with Bommasandra is only increasing its popularity day by day.

3. Great ROI

Fantastic location, seamless connectivity, and endless job opportunities are all the reasons for Electronic City is the most highly desirable area of Bangalore. This area is great for real estate investment as well! If you are not interested in reselling your home, then you can also put it up for rent. The average rent per month for a 2BHK lavish apartment ranges between Rs. 15000- Rs. 20,000. With the growing demand, the rent will also ne increased soon enough. It can be a great source of income on a monthly basis. In the past 5 years, the property rates have gone up by 50% in this area. Needless to say, owning a home in this area is also financially profitable for investors.

4. Easy Transport Facility

With BMTC busses, private cabs, and bike cabs, Electronic City ensures effortless connectivity within Bangalore. Key roads connecting with this area, like Hosur Road, NICE Road, Bannerghatta Road, Sarjapur Road ORR, etc, are also helping to maintain smooth connectivity all day long.

5. Social Infrastructure

Electronic City Bangalore has a strong social infrastructure, including Treamis Schools, Narayana Health City Bommasandra, and shopping centers like M5 Ecity Mall. These facilities offer residents a well-rounded lifestyle.

Electronic City, Bangalore, offers a wide range of living experiences to each one of its residents. You can choose between roaming in the garden, eating out at popular restaurants, shopping, or enjoying the nightlife of Bangalore- the options are endless. If you are interested in owning a home at Electronic City, then you can check out Prestige Group’s latest project, Prestige Suncrest