When we talk about East Bangalore, Whitefield and Sarjapur are two major locations which have seen rapid growth in real-estate development in last couple of years. Bangalore has cemented itself at Silicon Valley of India because of which a lot of home buyers and investors always search for micro markets of investment. Most of the prime areas in Whitfield, Bangalore are highly saturated and there is a lot of traffic congestion. That’s where Soukya Road, Whitefield emerges as a rising option for better investment and future appreciation.
Recently, Sowparnika Developers launched a new property Sowparnika Rhythm of Rain in koralur samenthanahalli very close to Soukya Road which has seen a lot of traction from home buyers in last couple of week. Below are some of the major projects going on in Soukya Road by reputed builders.
- Sowparnika Ashiyana
- Provident Botanico
- Provident Capella
- Isha HiLife
- Goyal & Co Villa
- Birla Alokya Villa
Couple of years back, Investors were quite skeptical about investing in this location but after handover of Sowparnika Ashiyana, Sowparnika Columns, Sanjeevani Shrushti, the location has completed transformed because of thousands of new families moving in the area. Let’s dive into some of the aspects why Samethanahalli, Koralur Soukya Road is a good location for future growth and rental assurance.
Peaceful Location: This is one of the most important reason why Soukya Road near Samethanahalli, Koralur is a good option for investment. The location is surrounded by lush greenery which makes here AQI pretty good. Most of the Whitefield Area is always congested by traffic and there is no open space to breathe. But in this location, you don’t have high density apartment. So, once you come after a hectic work, your house will feel like home and you will definitely enjoy serenity of this place.
Connectivity: If we talk about the connectivity, the project is well connected with IT Hubs and different civic amenities. Soukya Road connectivity to STRR provides access of different parts of Bangalore in 30-40 mins. It is also connected to two major Highways NH-648 and NH-44. If you are working in IT Industry then its connectivity to ITPL, EPIP Zone and other techparks make it a perfect location.
Multiple A Category Development: Also if you want to understand the future growth of a location, always look at the development done by different builders. In Samethanahalli, Koralur Soukya Road Area, there are multiple A Category builder is doing construction which includes Goyal & Co Haryana Group, Provident Group, Birla Group, Sobha and Sowparnika. This location was called very interior couple of years back and now it’s going to completely transform and well sought after location by investors and home buyers.
Future Appreciation: The first question that comes to a lot of investors mind is their return on investment. If they put 1Cr how much it’s going to reach in next couple of years. So to give you the clear context, the per sqft rate in Whitefield is around Rs 12000 to Rs 15000 per sqft. While Soukya Road being the extension of Whitefield, the price is around Rs 7000 to Rs 9300 per sqft which makes this area a perfect choice for investment. This price is definitely going to reach Rs 12000 in next three years so your appreciation is around 30-40% in next 3 years which makes it a good option for investment.
Soukya Ayurvedic Center: We have seen widening and expansion of Soukya Road into 4 lane corridor which has decreased congestion in the area. Also we have one of the biggest ayurvedic center in Soukya Road which is the heart of the location. The location is filled with lush greenery and beautiful trees.
Proximity to Tech Parks: We have major Tech Park in 15-20 mins from the location. Below are some of them.
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ITPL Tech park
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Brigade Tech Park
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GR Tech Park
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Prestige Shantiniketan
Proximity to Social Infrastructure: If you have kids and you want good schools in nearby location then this location is perfect for you. Below are some of the schools, hospitals and shopping hubs nearby.
Schools
- Delhi Public School, Whitefield
- The International School Bangalore (TISB)
- Vydehi School of Excellence
Hospitals
- Narayana Multispeciality Hospital
- Sathya Sai Super Specialty Hospital
- Manipal Hospital Whitefield
- Vydehi Hosptial
Shopping Malls
- Phoenix Market City
- Forum Shantiniketan Mall
- VR Bengaluru
So we discussed all about the location in this article. Whether if you are an investor or a first time home buyer, the location is the perfect fit. The Pricing here is reasonable and you don’t feel like paying unnecessary amount of money. Sowparnika Rhythm of Rain is a new launch in the location that you can consider good for investment.
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