Kanakapura is a town located 55 km away from Bangalore. The Kanakapura road is a part of the NH 209 which connects Kanakapura to Bangalore. The road runs through ragi fields, coconut orchards, vegetable farms and vast lakes. Setting a home here is like living a vacation spot. And if the building developer promises a “forest view”, he might not be exaggerating. But the greenery is fast disappearing in the real estate boom that is taking place in the surrounding region.There are various reasons for the demand of this area. One of the chief reasons is the advancement of Bangalore attracts people from all over the country to settle in the city. But the city is almost saturated and property rates have also sky-rocketed. So people are slowly moving to the suburbs in search of homes. Kanakapura road is hence becoming a one of the most sought after localities.Kanakapura Road area is worth investing in as it is approachable from a variety of other roads. Starting from Bangalore at Krishna Rao Park it comes close to J P Nagar, Jayanagar, Banashankari and is 16-18 kms from M G Road. The road cuts through Vasanthapura and Konanakunte ward.Kanakapura’s connectivity with the city is also another reason contributing to its popularity. There are various transportation facilities that are making Kanakapura a preferable suburb. The NICE Road (Bangalore-Mysore infrastructure corridor) connects Kanakapura to Bangalore, Mysore road and Bannerghatta Road.A peripheral Ring Road is being planned which will connect all the major highways- Tumkur Road, Mysore Road, Old Madras Road, and Hosur Road.A Metro Rail (Vidhana Soudha Metro rail) route is under construction which will connect areas as far away as Tataguni with central Bangalore.The location of Metro Cash and Carry, an international self-service wholesale retailer on Kanakapura Road has attributed to the spread of small retail network in the area. Metro Cash And Carry caters to 150,000 businesses in Bangalore and supplies them with quality wholesale products which range from food to non-food articles.Kanakapura had, for long, been a spot for tourist as well as local attraction for the art of living ashram, also known as Sri Sri Ravishankar’s ashram, people gather from all over the world to come closer with the Divine. The ashram has an ayurvedic clinic, regular Art of Living, a large meditation hall and a hilltop amphitheater.Kanakapura also boosts of various renowned educational institutes such as International Institute of Aerospace Engineering and Management (IIAEM), CREST (Centre for Research, Education, Sadhana and Training) and others which makes Kanakapura preferred to those studying in these institutes.For long Kanakapura had been only an attraction for the tourists and holiday-makers. The place also has a lovely resort called holiday village resort. Here one can laze around the pool, play billiards or just do nothing and relax. It is a popular destination for weekends when one needs a break from the grueling everyday routine. Regular Ghazal sessions are held everyday in the evenings. Also the place is known for its lavish Sunday lunch buffet that always has a variety of mouth watering food.Another interesting prospect that is expected to raise the footfall in Kanakapura is the upcoming Krishna Lila Park. It is being developed by Iscon and is a Disneyland like 4d technology theme park. Construction is scheduled to be completed by 2017. This development has already spurred residential development. The 600-unit Gokulam Apartments has been built close to the hill and has already been sold off. Adjacent to the hill a block of 1,400 apartments is being built by Mantri Group. And another block of 1,000 apartments already exists next to the hillock.Keeping all these factors in mind it is not surprising that all the big developers are flocking towards Kanakapura road. The names of big developers include Sobha, Mantri, Concord, Brigade, Omega, Century Central, Nitesh, Caesar Palace etc. The prices of land and building are also shooting upwards. While land may cost upto Rs 3,500 per sq. mt, an average residential unit will cost around Rs 4,000 per sq. mt. An acre of land in the area costs Rs 9-10 crore. 10% to 15% rise in these prices is expected in the next five years. But considering the development that is expected to occur in Kanakapura in the next few years, the properties in the locality are well worth it.займ на карту без отказов круглосуточновзять кредит онлайн