Is Bagalur an expensive city

Bagalur is a mid-segment area that was affordable, but now it is getting expensive because of the upcoming metro lines and its proximity to the airport. The average price in Bagalur is Rs. 8,650 per square foot, which is lower when compared to premium areas. But prices have increased in the past, and they are continuing to increase at a fast rate.

Now, we can explore how Bagalur is becoming an expensive area and what factors are pushing the real estate prices in the area,

• Upcoming Metro Network: The next Phase of the Blue Line Metro will include a metro station in Bagalur, and it will increase prices in the area. As there will be a good metro network, many people wish to invest here, and this results in an increase in prices, and Bagalur is getting expensive.
• Proximity to Airport: Bagalur is near the Kempegowda Airport, which takes a drive time of 30 minutes. As the airport is near, developments are very quick in the area. A lot of schools, hospitals, and shopping malls are open, which results in increased property prices.
• Excellent Road Network: Bagalur is well-connected through major roads and highways that include NH 948A, NH 44, SH 35, and Outer Ring Road. All areas of the city are connected to Bagalur, which results in increased property prices in the area.
• Job hubs: As Bagalur has major business hubs like KIADB Aerospace Park, Manyata Tech Park, and Kirloskar Tech Park, there are many job openings. As many people move here in search of jobs, there is a demand in the real estate market. It results in increased prices of real estate in the area, making Bagalur very expensive.