Electronic City is a very safe & best locality. It is well connected by trains, buses and public transports. Calm residential area.
Is electronic city a good place to invest?
Electronic City is considered to be one of the potential areas to invest because of its rental values, well-developed social infrastructure, and robust connectivity. Electronic City and Whitefield are considered to be the best real estate locations in Bangalore.
Does Electronic City have water problems?
In Electronic City, the situation has worsened over the past two years. With depleting ground water levels and no government supply, the private water suppliers rule this neighbourhood. “There is no yield from bore-wells in Electronic City. We are completely dependent on private water tankers to meet our demands.
Is electronic city expensive?
To know the answers to these questions, read on! Though the area is popular for its infrastructure, it is touted to be one of the least expensive areas to live in Bangalore. This has given rise to the demand for ready to move flats in electronic city.
Is Electronic City Phase 2 safe?
Electronic City Phase-2 is a very safe and best locality. It is well connected by trains, buses and public transports. Vegetable markets, shops, hotel, hospitals, banks, super markets are available in this locality.
Which is better Whitefield or Electronic City?
“Whitefield and Electronic City are two of the most prominent real estate locations in Bangalore. The growth potential of Electronic City is higher as compared to Whitefield. Rental rates in Electronic City are comparatively affordable and stand at Rs 16 per sq ft.
Is it worth to buy home in Bangalore?
Bangalore property market is still stable compared to markets like Mumbai or Delhi, where the prices have shot up astronomically over the years. Hence, it is advisable to invest the rental amount as EMI to buy a house in Bangalore. However, you need to choose the areas suitable for buying or investing in a house.
Which part of Bangalore is Electronic City?
Anekal taluk Electronic City is an information technology hub in Bangalore, India, located in Anekal taluk. It is one of Indias largest electronic/IT industrial parks, spread over 800 acres (3.2 km²) in Konappana Agrahara and Doddathogur villages.
Is Electronic City Bangalore south or north?
Electronic City is located at 12.85°N 77.67°E in Bangalore South on NH7. It is about 9 km from the Silk Board junction (Madiwala), 18 Km from Vidhana Soudha & 70Km from the new Kempegowda International Airport - KIA, Devanahalli.
What salary is needed to live comfortably in Bangalore 2020?
If you want to live comfortably, expect to spend Rs 3.16 lakhs in the first year. You need to earn at least Rs 4.29 lakhs after tax. If you want to live an affluent A.K.A wealthy lifestyle (with a roommate), expect to spend Rs 6.40 lakhs in the first year. You need to earn at least Rs 7.07 lakhs after tax.
How much salary is sufficient in Bangalore?
What is a good salary to live and enjoy in Bangalore? Depending on whether you are a single professional or a family of four, to live and enjoy in the city, your salary must be anywhere between Rs 50,000 and Rs 1,50,000 per month. Much depends on your lifestyle, consumption habits and expenses.
Which part of Bangalore is good for living?
Situated in South Bangalore, BTM is probably the best area for working expats since it lies in the nearby region of ITPL and Electronic City. This area also has a strong connectivity with almost all the major areas of Bangalore like JP Nagar, Marathahalli, Banashankari, Koramangala, and many more.
Is Wipro moving out of Electronic City?
It is the end of tax rebates and a software giant is all set to move out. One of the Wipro office clusters in Electronic City 4 (EC 4), which enjoyed its 10-year tenure of rebates doled out by the state industries department, is in the process of shifting its offices from EC to another space in Whitefield.
Is it a good time to buy a house in Bangalore?
BENGALURU: Builders and bankers say that the low interest rate environment makes it an ideal time to buy residential property. Home loan interest rates are at an all-time low with most of the major banks offering between 6.7-7%.
Is renting better than buying in India?
Renting relieves one of the burdens of EMI fees, property taxes, and other legal problems that come with owning a home. 2. Renting gives the impression of less responsibility. In metro cities, a house worth Rs 50 lakh can be rented for just Rs 10,000-15,000 per month.
Which City is known as Electronic City?
Bangalore Electronic City is an information technology hub in Bangalore, India, located in Anekal taluk. It is one of Indias largest electronic/IT industrial parks, spread over 800 acres (3.2 km²) in Konappana Agrahara and Doddathogur villages.
Why is it called Electronic City?
Popularly called ECity within Bangalore, most often refered to as Electronic City, it was named Electronics City by its founders. Electronic City, today is the largest industrial technology hub of Bangalore ( ITPL being the other), housing about 158 companies, and a very large work force of employees.