KR Puram is one developing locality you can look at.KR Puram has come on the real estate limelight with its close proximity to other prominent localities like Whitefield and Marathahalli. KR Puram is a good investment for more than one reason. The locality has its own railway station and the Bangalore City railway station is also only 14 km away from the locality. KR Puram will receive the metro connectivity as and when Phase 2 of the metro completes.

1. Looking to Buy a Property in KR Puram,
Bangalore? Here’s What you Should Know
If you are looking to invest in the Bangalore real estate market, KR Puram is one developing
locality you can look at. Connected by three arterial roads the National Highway 4, State
highway 35 and the Outer Ring Road, this emerging locality shows great prospect. Situated in
the north east part of Bangalore, KR Puram has come on the real estate limelight with its
close proximity to other prominent localities like Whitefield and Marathahalli. Proximity to
the IT centres have created good traction in the KR Puram real estate market.
According to a recent report by advisory and research report put out by global real estate
consultants Knight Frank, “In the five year period between 2013 and 2017, Hebbal and K R
Puram are expected to see an average price appreciation of 94% and 91% respectively. These
two destinations are on Knight Frank's list of top ten Indian destinations to invest in. demand
for office space in Bangalore in the next five years would be 44.4 million sq. ft, driven by the
IT/ITeS, biotech, and aerospace sectors. Of that, 60% would be in the North and East
corridors of the city, close to Hebbal and K R Puram. In Hebbal, the stock of residential
apartment units in 2007 was just 300, which in 2012 has risen to about 1,800. That's a
growth of 500% in five years. Similarly, K R Puram has seen a 200% growth in inventory of
apartment units, from 2,000 in 2007 to 6,000 as of September 2012.”
KR Puram is a good investment for more than one reason. The locality has its own railway
station and the Bangalore City railway station is also only 14 km away from the locality. KR
Puram will receive the metro connectivity as and when Phase 2 of the metro completes. For
now the nearest metro station to KR Puram is the Baiyappanahalli metro station. KR Puram
has good facilities in and around the locality for its residents. It is said to be complete with all
the social infrastructure facilities. With the metro coming up the price of properties for sale
in KR Puram has gone up considerably.
According to recent property prices one can invest in an apartments in KR Puram for INR
3000 to 4500 per sq. ft. Other properties for sale in KR Puram such as plots will cost you
anywhere between INR 3200 to 5500 per sq. ft. 46 % of the total project are apartments in
KR Puram followed by independent homes and plots. There has been a reasonable
appreciation for properties in KR Puram. Apartments saw a 3% property appreciation and on
the other hand price of villas have come down by 9%. The market is new and there are
different trends that one can notice. Mid-range and affordable homes seems to be the
highest selling properties in KR Puram. Similarly medium size housing units are also the top
selling property type. Metro connectivity once functional will be the game changer here.

2. http://www.indiaproperty.com/