Tumkur Road, located in West Bengaluru, has emerged as a significant real estate hotspot in recent years. The area's growth can be attributed to its proximity to the potential second airport and various infrastructure projects.
Brigade Group, a leading real estate developer in India, has announced plans to develop an 8-acre housing project worth Rs 1,100 crore on Tumkur Road in Bengaluru. The project will encompass a total development area of about 1.2 million square feet and will primarily feature two- and three-bedroom apartments. This project is part of Brigade Group's strategic plan to expand its residential offerings across key cities in South India, including Bengaluru, Chennai, and Hyderabad.
The proximity of Tumkur Road to the potential second airport for Bengaluru is a major driver of real estate development in the area. The airport is expected to be a significant catalyst for growth, driving demand for residential, commercial, and retail projects. The airport's location will enhance connectivity and accessibility, making Tumkur Road an attractive destination for investors and homebuyers.
One of the primary drivers of growth along Tumkur Road is its excellent connectivity. The area is well-connected to major roads such as NH-44 (Bellary Road) and the NICE Ring Road, providing easy access to the city center and the airport. The upcoming Peripheral Ring Road (PRR) is expected to further enhance connectivity, linking Tumkur Road to other major roads and areas like Sarjapur, Old Madras Road, Whitefield, and Hoskote.
The Green Metro Line, which extends up to Jalahalli, has been a significant catalyst for real estate demand along Tumkur Road. The planned Nelamangala-Baiyappanahalli suburban railway corridor, expected to be completed by 2025, will further boost connectivity in the area.
Tumkur Road's strategic location, excellent connectivity, and planned infrastructure developments, coupled with the proximity to the proposed second airport, make it a promising real estate hotspot in Bengaluru. Brigade Group's 8-acre housing project worth Rs 1,100 crore is a significant investment in the area's residential real estate market. As the area continues to develop, it is expected to attract more investments and drive the growth of residential, commercial, and retail projects in the coming years.