Bengaluru Real Estate: Here's why Kanakapura Road is likely to see major real estate appreciation in 2025
Hindustan TimesAnshul Soni has been looking to purchase an apartment in Bengaluru with a budget of ₹1 crore. Located around 30 minutes from south Bengaluru's IT corridor of Electronic City, Kanakapura Road is a prominent arterial route connecting major localities and extending towards the city's outskirts. Although North Bengaluru is still one of the city's booming real estate micro markets, Kanakapura Road is likely to significantly appreciate at least 15% in 2025, according to Sunil Singh, director of Realty Corps. According to data from real estate firm Knight Frank, residential properties on Kanakapura Road increased by 3% in the first half of 2023, matching the southern IT corridor of Electronic City. In December last year, Bengaluru's municipal corporation Bruhat Bengaluru Mahanagara Palike announced a 2-km flyover to decongest Kanakapura Road at a cost of ₹1,200 crore.