Tumkur Road Evolving rapidly Changing real estate landscape
With the city
extending outwards, one of the prominent belts emerging to the north-west of
Bangalore is Tumkur Road. Strategically placed between residential catchments
and the industrial region in the west, and the airport to the north, this belt
has advanced from the underlying forces of location as well as connectivity.
“The micro-market of Tumkur Road is primarily an
industrial destination linking the core city with the traditional and
established industrial clusters of Peenya and Yeshwanthpur. Tumkur Road, being
an industrial corridor, houses various engineering and manufacturing
facilities. In addition, the Hindustan Machine Tools (HMT) Township, spread
across 475 acres is also located in this micro-market. Until the recent past,
the population of this micro-market was dominated by employees of the
industrial houses here as the area was a hub for small scale industries
manufacturing ancillary parts for public sector undertakings, automobile
industry, garment industry etc. Over a period of time, this area saw the
arrival of large domestic and global corporations.” Remarks Shrinivas Rao, CEO
Asia Pacific.
Connectivity
and development
“The elevated
highway between Nelamangala and Yeshwanthpur junction on Tumkur Road (NH4) has
significantly improved the physical characteristics of the area and influenced
developments within 4-5 km from the NH-4. Further, the Bangalore-Mumbai
Industrial Corridor is likely to leverage more residential, commercial, and
industrial developments.” Explains Idirees Chenakkal Head Research & Consulting, LJ
Hooker India.
Locations in
focus
“The increase in
demand for housing units towards the north-west triggered growth here. Urban
spatial growth towards this road and the land value appreciation led to the
growth of localities such as Jalahalli, Abbigere, Nelamangala, and Magadi Road,
among others. Proximity to the city is the main reason for the emergence of these
locations.” Elaborated Chenakkal.
Tumkur Road: The next ‘It’ locality!
Tumkur Road, one
of the most well known evolving localities in the North-West of Bangalore is situated
in between residential areas as well as industrial corridor in the west. Since the
airport is in the north, this belt has benefited from various developments such
as connectivity, up gradation of highway and the immaculate travel through the Outer Ring Road (ORR) that eases
travel within the city and also the peripheries towards Nelamangala.
Tumkur Road: Traveller’s Favourite!
The choice of
travel destinations in Karnataka are varied, thrilling and complete with visual
magnificence. Perfect place to spend your weekends. For your journey from
Bangalore to Tumkur, cabs can be inevitable and self-driving would place you in
a better position to truthfully explore this gem trove and the several tourism
spots of interest around Tumkur.
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