The pride of south-east Bangalore, Sarjapur Road is tagged as one of the fastest developing neighborhoods of the city. It is a major hit among the working population since it offers easy connectivity to major IT clusters such as Whitefield, Marathahalli and Electronic City. Although east and south Bangalore are heading towards saturation, there is still one area left which has borne witness to significant real estate action-Sarjapur Road.Once a farmland, the locality now is brimmed with IT skyscrapers. As per the proponents of the Bangalore real estate market, Sarjapur Road is the hot spot for future growth in the city. The above map gives a brief idea about the location of the locality and its accessibility.

1. EVERYTHING YOU NEED TO KNOW ABOUT SARJAPUR ROAD
A COMMONFLOOR REPORT

3. Overview
Although east and south Bangalore are heading towards saturation, there is still one area left which has borne witness to significant real estate action-Sarjapur Road.
-Sarjapur Road is considered one of the fast-developing neighbourhoods of Bangalore since it offers easy connectivity to major IT clusters such as Whitefield, Marathahalli and Electronic City.
-Sarjapur Road is the hot spot future growth in the city as now is brimmed with IT
Skyscrapers and has shaped into a popular residential area, boasting of residential localities like Springfields, Rainbow Drive Layout(RBD) etc.

4. Growth Factors
-The strategic location of the locality, offering easy connectivity to IT/ITeslocations such as Whitefield, Electronic City, Outer Ring Road, Marathahalli and other areas such as Silk Board and Koramangala etc. marked the success of Sarjapur.
-On account of its proximity to the Outer Ring Road, Madiwala, Whitefield and Marathahalli-Sarjapur stretch, the term ‘ development’ has become the most common word for the area.
-In addition to it, easy connectivity to DevanahalliInternational Airport via the Outer Ring Road had done the trick for the area in the past, in regard to accessibility.

5. Infrastructure push
-With the spawning of IT/ITesbusiness on account of redundant outsourcing, Sarjapur is
also registering a significant office and commercial space development.
-The eight-lane Peripheral Ring Road (PRR) will be connecting Sarjapur Road along with Tumkur Road and Bellary Road amongst others.
-Marathahalli-Sarjapur and Whitefield -Sarjapur Road stretch are the presently booming areas, which boast of property price hikes and the many luxury villas.

6. Residential market Insights
-Sarjapur residential market is mainly dominated by end- users, due to the availability of large number of
apartments, which promise of every modern amenity one can ask for.
-The demand for apartments in the locality stands at 85% the rest is for villas, builder floors and houses at 11.6%, 2% and 0.6% respectively.
-Due to the presence of a large number IT professionals with a decent source of income, the demand for apartments has significantly risen in Sarjapur.
85.8%
11.6%
2%
0.6%
Apartments
Villas
Builder floor
Independent houses

7. Residential market Insights
-Demand for apartments for rental purpose in the locality has always witnessed a lot of takers.
-On account of the presence of a large number of mid- income class, the demand for multi storey apartments on rent in the locality has significantly shot up.
-The rise in demand for rented apartments in the area at 88% , while villas, house and builder floor apartment are at 6 %, 1%, 5% respectively.
88.2%
5.9%
1%
4.9%
Apartments
Villas
Builder floor
Independent houses

9. Residential Market Segmentation
-As per CommonFloor data, the economic class that falls in the price range Rs.40 lakh-70 lakh tops list, followed by
luxury and affordable class.
-The economy class has found its relevance among the
buyer’s community at 35%, and is clearly gaining much
more momentum in comparison to luxury and affordable class.
-The reason for hike in demand for the economy class is because of the presence of a large number of salaried professionals in the region, who prefer ‘value for money’ investment.
19%
34.9%
31.2%
14.9%
Affordable(<40L)
Economic(40L - 70L)
Luxury(70L-120L)
Ultra Luxury(>120L)

10. Residential Market Trends
(Supply & absorption)
Over the years, supply and absorption in the locality has been quite appreciating. While the average price for 1BHK units stands at Rs3792 per sqft, for a 4BHK it stands at Rs4800 per sq. ft.
S. No
Type
Total Units
Completed
Ongoing
Avgprice per sqft
1
1BHK
24
6
16
3792
2
2BHK
309
140
152
4100
3
3BHK
382
169
192
4600
4
4BHK
478
207
241
4800
Since the capital value for 4BHK and 3BHK in Sarjapur is quite reasonable in comparison to other hot locations such as Koramangala or Silk Board, developers quote that demand for such units have been on a high.

11. Residential Market Trends
(Capital Value and rent per sq.ft)
The table displays the price per sq.ft of different typologies and types of housing units. 1BHK, 2BHK. 3BHk and 4BHK apartments are mainly available in the locality
Sr. No
Typology
Max. Price/ sq ft(Rs)
Min. Price/sq ft(Rs)
Avg Capital Values(Rs)
Max. Rent/sq ft (Rs)
Min. Rent/sq ft(Rs)
Avg Rental Value(Rs)
1
1BHK
3061
2428
1749260
34
13
13708
2
2BHK
7336
2172
4979520
30
10
20520
3
3BHK
12500
1381
8634056
32
8
27778
4
4BHK
8462
3557
16071763
23
13
45054
3BHK apartments hold the maximum price at Rs12500 per sqft, and the minimum price at Rs1381 per sqft. While the 1BHK units have the maximum rent per sqft, 3BHK units have the minimum rent at Rs8 per sqft.

12. Residential Market Trends
(Major Projects)
Sarjapur has some of the best projects in the city. Key developers have made their presence felt in the locality with projects that include 1BHK, 2BHK and 3BHK units.Table3 shows some of the key upcoming projects in the locality that have good offerings
S No
Developers
Project Name
Unit/typology
Price
1
Sai VandhanaBuilders
Sai VandhanaBrundavan
2BHK and 3BHK
Rs 36lakh-54 lakh
2
Shri Diya Projects Pvt. Ltd
Shri Diya Ornate
2BHK and 3BHK
Rs 34 lakh-47 lakh
3
Saket Engineering Pvt. Ltd
Saket Callipolis
2BHK and 3BHK
Rs 64 lakh-1.99cr
4
Sobha Developers
Sobha Eternia
3BHK
Rs1.11 cr-1.36cr

13. Challenges
-Despite of all the good-looking prospects of the future locality of Bangalore, end-users willing to settle down in Sarjapur Road will encounter water scarcity problems, looming in the zone.
-In addition to the woes, lack of any metro rail connectivity makes Outer Ring Road the only lifeline which interlinks the locality with other hotspots of the city.
-Post the elections and with the new government coming into power and pushing the reforms like the Real Estate Regulatory Bill, the housing market of the locality will get an extra edge. Demand will increase and the market will once again gain momentum, as per the industry experts.

14. Future Prospects
-According to the key developers in the area, the announcement of a new project by the IT giants (such as Infosys) has triggered activity in the real estate market of Sarjapur Road, anticipating promising residential demand.
-Sarjapur has transfixed its position as the emerging residential destination and is expected to have a long-term implication due its potential as investment hotspot.
-The Varthur-Sarjapur stretch has witnessed the rise of the culture of villas and has displayed the potential for capital appreciation.
-The presence of a good number of upwardly mobile IT/ITesprofessionals and proximity to employee catchment regions rank Sarjapur in the top slot and makes it one of the most promising locations of Bangalore in the days to come

15. Get the detailed in depth report on Sarjapur Road here

17. CommonFloor.comis India's leading property search portal.
On a mission to make property search hassle-free, transparent and fruitful;
CF has best of breedproperty search on maps,property search mobile appsand an extensive section for knowledge resources andadvice in real estate.