Located along the fringes of Bangalore, Varthur is a promising real estate destination, offering smooth access to some of the top-notch IT companies in the city. An integral part of the Whitefield Township, the region is one of the fastest developing suburbs in Bangalore. Here are some of the factors that have contributed immensely to the augmenting popularity of Varthur.
Proximity to Whitefield, one of the biggest IT and employment hubs of the city, has significantly helped Varthur gain prominence as a popular housing hub. Owing to the presence of several reputed builders, offering projects designed to meet the requirements of investors from diverse economic backgrounds, Varthur comprises of a plethora of options in terms of residential real estate. Over the past few years, the locality has emerged as a significant real estate hub, all thanks to the factors listed below:
Varthur is strategically located in proximity to Whitefield and the Outer Ring Road (ORR). Being closely aligned to the famed commercial hubs in Bangalore, Varthur witnessed commercial development post the advent of IT/ITeS in the late 1990s. It also triggered the growth of residential real estate in the area. Varthur Road is considered to be one of the most strategically located stretches in Bangalore. Starting right after the Marathahalli Bridge, the road finally ends at Varathur circle, passing through Marathahalli, Kundanahalli, Thubarahalli, Siddapura, Ramagundanahalli and Varthur Kodi. This intercity connectivity has made it convenient for the residents to reach their desired destinations.
Employment hubs near Varthur:
- Koramangala (14 km)
- Whitefield (5 km)
- Sarjapur (13 km)
- Electronic City (20 km)
- Embassy Manyata Business Park (24 km)
Excellent Liveability Score:
Adequate social infrastructure is another vital factor that has significantly contributed to the evolution of Varthur. Brimmed with malls, hospitals, schools, banks, and entertainment options, Varthur, over the years, has emerged as one of the most sought-after locales in Bangalore.
Comprising of reputed educational institutes such Whitefield Global, and Pratham International; health care centres such as Columbia Asia and Sankara along with well-maintained roads and some of the most happening shopping malls such as Garuda and UB City, Varthur ensures a great life for its residents. Several leading developers like Puravankara, Sobha, and Prestige have already marked their presence here, offering a state-of-the-art living to the inhabitants of the locality. There are also a plethora of food and beverage options along with some of the major hyper retail chains such as Reliance and D-Mart.
Varthur is connected to the other prime locales of the city via Varthur Road and ORR. The four-lane Varthur-Gunjar Road connects the locality to South Bangalore. Further, the old airport road provides smooth connectivity from Varthur to the Central Business District (CBD). A number of state-operated buses are also readily available in case you wish to have private transportation options. The upcoming extension of the Namma Metro from Baiyappanhalli to Whitefield is further expected to be a game changer for Varthur’s realty market in the times to come.
The Varthur Lake, which has been in the news for all wrong reasons from quite some time now, is finally in news for the right reasons. In a move towards rejuvenating the Lake, the State government has decided to convert the Varthur Lake into a water sports hub in the coming years. Further, a private firm, Mineral Enterprises Limited (MEL) has offered to desilt a portion of the contaminated water body immediately with its CSR funds of Rs 25 crore. Not only this, Rs 30 crore has been sanctioned by the government for construction of 87 m bridge at Varthur Kodi, to connect Whitefield with Sarjapur. The entire project is slated to be completed by the end of 2019.
“Varthur is a great locality for investment in Bangalore. An affordable 2 BHK flat in Varthur is available for Rs 50 lakh. For a 2 BHK luxurious flat, the homebuyers will have to shell out somewhere around Rs 90 lakh or maybe even more. The capital rates in Varthur, over the year, have witnessed a price escalation of 5 percent and the trend is expected to continue even in the coming years”, shares Madani Peer Khan, Owner, Propheadlines.com, Bangalore
Due to the factors mentioned above, it is expected that the demand for residential spaces in Varthur will proliferate further in the coming years. However, it is always advised to consult an expert before making hefty investments in real estate.
Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. 99acres does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.