Realty business on Bannerghatta Road recently took a profitable turn. Out of the main five localities on the road namely Hulimavu, Begur, Gottigere, Bennerghatta and Bennerghatta Main Road – three witnessed an upsurge on consumer demand. Properties on these selected localities also underwent a price rise. For real estate agents concentrated in these areas and developers/builders with projects here, this can be a good time for business.
Sales of residential property in Bengaluru have been sluggish over the past few years, just like that in Delhi and Mumbai, but that has not prevented a few micro markets to shine amidst the gloom, driven primarily by demand from the IT sector population.