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QUESTION

Why invest in Gunjur?

By RealtyFAQs   2 months ago  8 views
 
 
 
 
 
 
 
ANSWERS (1)
 
 
 
 
RealtyAnswers 2 months ago
Gunjur is one of the emerging residential zones of Bangalore located across NH35 which directly connects to developed residential areas such as Whitefield, Hoodi and Kadugodi. It is known for its greenery, peaceful lifestyle and competitive prices, boding well with both investors and homebuyers.

Location & Neighbourhood: Gunjur is located 6 Km away from Whitefield, which hosts several major office spaces of MNCs and IT companies. Also, it enjoys sound connectivity via NH35, Gunjur Palya Road and Gunjur Road. BMTC bus service is also available from Gunjur and Vinayak Nagar bus stops to key places such as Whitefield, Dommasandra and Varthur. Civic utilities like Apollo pharmacy, Centre for Specialty Surgery, Sita Bhateja Hospital, SVR complex, Eva Mall, Rex Theatre, Poornima Theatre, Stacey memorial school, Sacred Hearts High School, etc. are situated in proximity. Once Phase 3 of Namma Metro becomes operational, it will further enhance the connectivity quotient of Gunjur. However, key IT hubs such as Whitefield and Marathahalli are easily accessible via NH 35.

Capital Price Points:
The capital prices in Gunjur have marked a dip of around 3 percent on the capital charts QoQ, but it is expected to mark appreciation in the upcoming quarters owing to its proximity to IT hubs, competitive property prices and developing infrastructure. Currently, the price trends are ranging between Rs 3,600 Rs 4,400 per sq ft. 1/2
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RealtyAnswers Rental Trends:
Gunjur in Bangalore is one of the budding residential localities of Bangalore. Several reputed developers have delivered/launched their affordable projects in the area. The locality offers a number of good options for home seekers at competitive rates in comparison to its developed neighbouring areas such as Whitefield, Brookefield, Bellandur, etc. The popular configuration available in abundance is 1BHK and 2BHK units catering to the affordable category. Easy availability of BMTC bus service and sound connectivity through road showcases that Gunjur has a lot of potential and can serve really well for those looking for affordable accommodation within a radius of 6-7 Km from the workplace. The average monthly rental rates here for 1BHK [Rs 10,000-Rs 15,000], 2BHK [Rs 15,000-20,000], 3BHK [Rs 20,000-Rs 25,000] per month.

Entertainment Options:
Despite situated at a distance from developed residential areas, Gunjur has a lot of entertainment options to serve the existing residents such as Langford Garden, Eva Mall, Rex Theatre, Poornima Theatre, among others.

Future potential:
Presently, Gunjur is an affordable residential locality that offers a variety of options for home seekers. Its direct connectivity to the IT parks and nearby civic utilities make it a decent choice for end-use. As per the price trends available at 99acres.com, this locality has witnessed a steady growth YoY and is anticipated to witness the same trend in the future. Also, it is touted to become one of the sought-after localities after Namma Metro phase 3 becomes operational which will extend to Varthur, which is just 2-3 Km away from Gunjur.
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