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PROPERTY MARKET

What is the right price for a plot in Bengaluru?

To better understand property prices, Bengaluru can be divided into three concentric rings.

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1st Ring
1st Ring

The innermost ring is formed by the Outer Ring Road (ORR) and is home to the Central Business District (CBD) as well as some of the most developed urban regions in the city. This area boasts some of the highest real estate prices in the city.

Average Market Rate
₹21,000 per sft
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2nd Ring
2nd Ring

The second ring, which lies outside the first, is formed by the Peripheral Ring Road (PRR) and is the hub of new IT and commercial real estate developments, driven by the growth of the IT sector and the presence of the international MNCs.

Average Market Rate
₹11,500 per sft
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3rd Ring
3rd Ring

The third and outermost ring is formed by the Satellite Ring Road (STRR) and is largely undeveloped, with some industrial belts on the outskirts.

Average Market Rate
₹7,000 per sft

Buy a Shanders Value plot
below the market rate
inside the 2nd Ring

Shanders
Enclave

₹8,500 per sft

Expected price in near term is ₹12,000

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What is the right price for a plot in Bengaluru?

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LOANS & APPROVALS

Does it have approvals?

Shanders projects have all the necessary government and statutory approvals and have been given the thumbs up by a number of leading banks. You can get a speedy home loan, so you can move in with complete confidence. Avail pre-approved loans from our partner banks or process a loan with the bank of your choice.

Pre-approved Loans Available

Statutory Approvals

  • BDA Approved Layout
Location & Brochure

What plots can I buy?

Enclave

Electronic City Phase 2
1200sqft to 1500sqft Plots
in a BDA Approved Layout

₹8,500 per sft

Expected price in near term is ₹12,000

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    RETURNS

    Will my investment appreciate?

    Electronic City and the Bellandur/Sarjapur Road region are some of the most important technology and industrial hubs in India. They are home to many major technology companies, software development centers and mega-manufacturing industries. Based on momentum, they are expected to continue to be a major destination for both foreign and domestic investment. These areas will continue to be hotspots for property investments in the future.

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    Medical Tourism Boosted by Narayana Hrudayalaya, Health City and Biocon Cancer Hospital

    Migration to Bengaluru on the Rise

    Bengaluru Receives 45% of FDI into India

    Bengaluru Home to 40% of Country’s Unicorns and 25% of Digital Workforce

    Bengaluru Developing as Innovation Hub and Financial Center

    Electronics City Among 3-4 Key Markets Around Which Bengaluru is Growing

    Metro Yellow Line Offers Direct Route to Electronic City

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    Growth Triggers In the news