Budigere Cross is a 4.5 KM long stretch, which is situated near Old Madras Road (OMR) on the NH4 highway. The location is touted as the focal point of the leading IT parks and offices located on ITPL and Whitefield etc. Key advantage of the location involves superb logistics in the form of development of the metro line, closeness to the KR Puram railway station and easy connectivity to the International Airport through Cargo Road. The location is conveniently located with other major commercial and residential locations such as Varthur, Whitefield and Indira Nagar etc.
Budigere Cross: Infrastructure Development
Mentioned below are some of the major infrastructure developments taking place near Budigere Cross.
-Metro Line: With metro already serving the Indira Nagar area, the location falls under the purview of the ongoing metro project. With the ongoing extension of the upcoming metro project the overall traffic on Budigere Cross and nearby location is expected to reduce in the near future.
-Airport Road: New road is laid down to connect the Satya Sai baba Ashram with the Bangalore International Airport, which will help in smoothen down the overall traffic flow towards the airport.
-Office Space: A large amount of office space is expected to enter into the nearby location such as Whitefield and ITPL. This will eventually fuel more interest towards residential properties in locations such as Budigere cross.
-Chennai Bangalore Corridor: The project is supposed to accommodate large volume of industries thereby giving a boost to the nearby residential locations such as the given one.
Budigere Cross boasts a robust social infrastructure. Some of the major schools nearby involve, VIBGYOR, New Baldwin, Lake Montfort and Indus Valley etc. Likewise major hospitals nearby encapsulate Vydehi, Koshy, Sri Sathya Sai Baba and Mission Hospital etc. Major malls, which are conveniently located within a distance of 10 KMs from the Budigere Cross involve Phoenix, Forum and Gopalan etc.
Based on the overall analysis, Kin Housing estimates a 12-14% appreciation for projects located on Budigere Cross. Likewise the rentals are expected to be appreciated by 3-5%.
The strategic significance of Budigere Cross coupled with its convenient connectivity with some major locations in Bangalore and a robust social infrastructure has made it one of the highly sought after locations in the Bangalore. Numerous builders have acquired land and spearheading key projects on Budigere Cross in the recent past. Mentioned below are some of the major projects that are being executed on Budigere Cross:
Salarpuria Sattva East Crest: At the moment this is among the most popular project in the Budigere Location. The project which will be ready for possession by 2018 is attracting great interest both among investors as well as customer buying for residential purpose. Launched recently in December 2014, the project involves 600 units split between 1, 2 and 3 BHK apartments. Touted as a mid-income project, the projects popularity also emanates out of it conservative pricing compared to other players.
Brigade Exotica: This is another popular project in the region. The Project will be ready for possession by mid-2016. Launched in 2011, it involves a total of over 450 apartments. Touted as one of the high end projects in Bangalore, the project is believed to be popular among the high net worth individuals.
Bren Starlight: It is one of the new launches, on the location, which is expected to gather lot of attraction in the near future. The project comprises of a total of near around 200 units spread in an area of 1.75 acres.
Nitesh Virgin Island: Being developed on a sprawling area of 8.15 acres, the project consists of over 700 units, consisting of 1.2,3 BHK apartments.
Shriram Greenfields: The project is located in the Old Madras road and involves over 1000 units of apartments, spread in an area of nearly 20 acres. The apartments are available in 2 and 3 BHK. The project is presently under construction and will be ready by 2017.
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