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Residential Realty - A Mix Of Upcoming And Developed Areas

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Residential Realty - A Mix Of Upcoming And Developed Areas
14 November 2019

This week Outlook Money’s Residential Realty in association with Magicbricks bring to you a mix of upcoming and developed areas. These areas have benefitted due to better infrastructure and proximity to key job hubs.

Yamuna Expressway, Noida

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The micro-market of Yamuna Expressway is an upcoming real estate destination comprising developing localities such as Sectors 17A, 17B, 19, 22A, 22B, 22C, 22D, 25, 26A, etc. It majorly consists of under-construction residential projects, having a blend of multi-storey apartments, villas and plotted developments. The micro-market also hosts some business / IT parks namely Stellar Business Park, NIIT Technologies Campus, World Trade Centre as well as upcoming Cosmic Corporate Park, in its vicinity.

It is well-connected with Greater Noida and Noida, through Yamuna Expressway and Greater Noida Expressway. The proposed Jewar International Airport is expected to drive infrastructure development and boost real estate demand. Also, the Yamuna Expressway Industrial Development Authority (YEIDA) is planning two metro lines - one offering exclusive connectivity between Greater Noida and the proposed Jewar Airport, and the other offering connectivity between the residential, commercial and rural areas along the Yamuna Expressway.

However, for social and retail infra needs, it majorly depends upon the established areas near Pari Chowk in Greater Noida, which can be easily reached within 25 minutes. Key amenities include Gautam Buddha University, Noida International University, DPS World School, Yatharth Super Speciality Hospital, Kailash Hospital, The Grand Venice Mall and MSX Mall.

Hebbal, Bengaluru

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Hebbal is a developing residential locality in North Bengaluru. It is placed along Bellary Road and is surrounded by the areas of RT Nagar, Nagawara and Thanisandra. It comprises a blend of high rise multi-storey apartments as well as low to mid rise apartment complexes. It hosts several completed and ongoing projects of prominent developers such as Embassy Group, Godrej Properties, SNN and Prestige Group.

Hebbal shares proximity with Manyata Tech Park, which host offices of key companies such as IBM India, Concentrix, Cognizant Technology, TCS, etc. Also, it is well-connected with Embassy Golf Links Business Park, Bagmane Tech Park and ORR IT Corridor. Moreover, it boasts presence of several educational institutions, hospitals and shopping avenues within its 5 km. Key amenities include Jain Heritage School, Vidya Niketan School, Sindhi College, Bangalore Baptist Hospital, Columbia Asia Hospital Hebbal, Elements Mall and Esteem Mall.

It shares sound connectivity through Bellary Road, ORR, Hebbal Flyover and Hebbal Railway Station. Bangalore Metropolitan Transport Corporation (BMTC) buses also serve the locality and connects it with other prominent areas of the city. Besides, Hebbal shares sound connectivity with Kempegowda International Airport, which can be reached in about 40 minutes.

Nerul, Navi Mumbai

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Placed along Mumbai-Pune Highway, Nerul is a developed residential and commercial node in Navi Mumbai. The locality is surrounded by Sanpada, Juinagar, Kharghar, Seawoods and CBD Belapur. It comprises a mix of horizontal and vertical residential developments including low, mid and high-rise apartments as well as co-operative housing societies (CHS). Nerul shares sound connectivity with other areas of Mumbai, Navi Mumbai and Thane, via Mumbai-Pune Highway, Palm Beach Road, Uran Road and Nerul Railway Station.

It hosts well-developed infrastructure such as schools, colleges, hospitals, shopping malls, eateries, multiplexes, amusement park, playgrounds, gardens and banks. Key amenities in near vicinity include Apeejay School, Ryan International School, St. Xavier's High School & Junior College, Apollo Hospitals, Neurogen Brain and Spine Institute, Seawoods Grand Central Mall, Inorbit Mall Vashi, Rock Garden and Wonders Park.

Nerul shares close connectivity with significant industrial and office hubs of CBD Belapur, Sanpada, Vashi, Kopar Khairane, Mahape, Ghansoli and Airoli. Key job hubs placed within 5-15 km include International Infotech Park, Haware Fantasia Business Park, Millennium Business Park, Reliance Corporate Park, Electronic Zone and Airoli Knowledge Park.

Uttam Nagar, New Delhi

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Uttam Nagar is a residential locality in western part of Delhi, along Najafgarh Road. It is adjacent to the well-developed residential areas of Janakpuri and Vikaspuri and is surrounded by the densely populated areas of Om Vihar, Hastsal, Bhagwati Garden and Matiala. The residential developments in Uttam Nagar are majorly builder floors as well as self-owned & self-constructed houses, catering to affordable & lower-mid segment buyers.

It shares widespread connectivity through Najafgarh Road, Pankha Road, Outer Ring Road and Blue Line of Delhi Metro. The Blue Line connects the locality with Rajouri Garden, Karol Bagh, Connaught Place, Mayur Vihar and Noida. It also has close accessibility with key employment hubs in Gurugram including Udyog Vihar (21 km) and Cyber City (23 km), reachable within an hour from here. Other key offices and business centres in Connaught Place and Indraprastha Estate, can also be reached conveniently.

Being closer to Janakpuri and Dwarka, Uttam Nagar enjoys easy access to developed social and retail amenities. Key infrastructure nearby include Adarsh Public School, DPS Dwarka, Netaji Subhas University of Technology, Mahindru Hospital, Unity One Mall, Janakpuri District Centre and Pacific Mall.

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