Discover the potential of a vibrant future in Panathur – where home isn’t just a place; it’s an investment in the life you desire.
Panathur Road is a crucial transportation corridor located in Bangalore, India. It stretches for approximately 6 kilometres, connecting Kadubeesanahalli Junction on ORR with Varthur in East Bangalore. This road plays a significant role in the commute of thousands of residents. Hence, finding a property in Panathur has become the trend since it is closest to some of Bangalore’s biggest tech parks and leading IT companies.
Renowned for its strategic location, Panathur offers easy access to several IT parks, multinational companies, educational institutions, hospitals, and shopping centres. The area has witnessed rapid development over the years due to its proximity to major employment hubs like ORR, Bellandur, and Whitefield.
Panathur Road has become highly sought-after by real estate investors and homebuyers – being the gateway to popular residential neighbourhoods such as Panathur, Kadubeesanahalli, and Varthur. Its continuous growth trajectory reflects its potential for future urban expansion and commercial development in Bangalore.
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5 Top Benefits of Buying a Property in Panathur
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Strategic Location:
Situated in the eastern part of Bangalore, Panathur enjoys an advantageous proximity to some of the key IT hubs in the city. This strategic location is close to prominent workspaces of tech giants and multinational companies. Seamless connectivity provided by Outer Ring Road (ORR) ensures quick and convenient access from Panathur to these IT hubs, reducing travel time for professionals working there.
This accessibility positions Panathur as an attractive residential area for young professionals who seek living spaces closer to their workplaces, promoting work-life balance while avoiding the hassle of long commutes in a bustling metropolis like Bangalore.
Commuters can seamlessly navigate through ORR, which spans around 62 kilometres and encircles most of the city, ensuring easy accessibility from multiple directions. Apart from the ORR, Panathur connects to important arterial roads like ITPL Main Road, Sarjapur Main Road, Whitefield-Varthur-Sarjapur Road, and Old Airport Road – facilitating quick access to important IT hubs such as Whitefield and Electronic City.
Furthermore, the availability of transport options such as cabs further enhances connectivity by providing convenient travel options for people commuting to and from Panathur. Overall, with its strategic location and well-connected road network, Panathur stands out as an ideal residential choice for professionals who seek a seamless commute experience within Bengaluru.
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Rapid Development
Panathur has recently witnessed a surge of ongoing and planned infrastructure projects. The area’s prime location near the Outer Ring Road has attracted local authorities and private investors to enhance the region’s connectivity and amenities.
Ongoing projects include the widening and upgrading of major roads and the development of efficient public transportation systems. While the area does experience traffic congestion, the ongoing CDP Road network is expected to significantly reduce travel time from Panathur to ORR.
One of the primary drivers for connecting Panathur to the rest of Bangalore is the metro rail connectivity. The commute network of this area will be strengthened, and the real estate market in East Bangalore will also grow thanks to the rapid rides on the metro to any part of the city. Phase 2A of Namma Metro will connect Silk Board with K R Puram, via Marathahalli and Kadubeesanahalli (which is right next to Panathur). Phase 2B will connect K R Puram with Hebbal, Yelahanka, and the International Airport.
The projected Green Line will be extended on both ends, with the north end being proposed to be extended from Nagasandra to Madavara on Tumkur Road (NH-4) and the south end being extended from Yelachenahalli to Silk Board Institute or Anjanapura along parts of Kanakapura Road.
The west end of the Purple Line connects Mysore Road with Kengeri (extended to Challaghatta), and the east end runs from Baiyappanahalli to Whitefield. A brand-new (18.82 km long) fully elevated route from RV Road to Bommasandra will pass through Electronic City. Furthermore, a new line from Kalena Agrahara (or Gottigere) will be extended to Nagawara for 21.25 km. This complete network will link East Bangalore with the rest of the city, ensuring seamless, structured, and reliable transport.
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Variety of Housing Options in Panathur Main Road
Panathur offers a wide selection of housing options to meet its residents’ vast range of demands and interests. There is something for everyone in this location’s housing options, which vary from opulent villas and standalone homes to spacious apartments and flats.
These buildings proffer residents a comfortable life with cutting-edge designs, premium materials, and amenities. Panathur is an excellent option for residents due to its proximity to healthcare facilities, retail stores, and entertainment places.
Many leading developers have played pivotal roles in transforming this area into a hub of luxury properties and prime residential complexes. One such renowned developer is SOBHA Limited, with its exceptional track record of delivering high-quality projects and ensuring customer satisfaction. Their attention to detail, innovative designs, and commitment to timely delivery have made them a trusted name in the industry.
The company’s focus on green initiatives and eco-friendly projects has set it apart from others in the market. These key real estate developers have significantly contributed to the growth and success of Panathur Main Road as a highly desirable residential location.
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Lifestyle and Amenities in Panathur
Panathur offers a plethora of lifestyle options and amenities to its residents. With the increasing number of residential projects, the area has evolved into a vibrant neighbourhood with all the essential facilities required for modern living. Residents here can enjoy a wide range of amenities, such as well-equipped fitness centres, swimming pools, multipurpose halls, and gardens that provide a tranquil, relaxing environment.
Additionally, Panathur boasts of proximity to numerous shopping malls, supermarkets, restaurants, and entertainment venues, ensuring that residents have easy access to all their daily needs. Families can be assured of providing their children with quality education and healthcare facilities, with reputed schools and hospitals located nearby.
Panathur’s lifestyle offerings and amenities make it an attractive destination for working professionals and families seeking a convenient yet peaceful living experience in Bangalore.
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Investment Potential in Panathur
Over the past few years, Panathur has seen a substantial increase in its investment possibilities. Real estate investors find this East Bangalore neighbourhood desirable because of its strategic location, robust connectivity, and proximity to IT clusters like Whitefield and Marathahalli. Accessibility to other areas of the city is expected to improve, with the ongoing construction of the new metro phase.
Numerous reputable developers are developing residential and commercial developments in this area due to the area’s thriving infrastructure and competitive property pricing. An investment in Panathur offers excellent chance for long-term capital appreciation. Demand is expected to rise due to an influx of corporate professionals looking for housing close to their places of employment.
Furthermore, people are looking to invest in real estate for the various tax benefits and incentives they can reap. One significant incentive is the deduction of interest on home loans under Section 24(b) of the Income Tax Act.
This allows individuals to claim deductions of up to ₹2 lakh per year on the interest paid towards their home loans. Another noteworthy benefit is the deduction of principal repayment under Section 80C, which provides an exemption of up to ₹1.5 lakh on the principal amount repaid.
By making real estate in Bangalore more affordable & accessible, these tax benefits reduce the financial burden on property buyers and act as an excellent incentive for investment.
Future Growth Prospects of Panathur
The future of Panathur looks promising in terms of development. The continuous demand for commercial and residential spaces in this area suggests that developers and homebuyers are actively considering the locale as a lucrative investment opportunity.
With infrastructure improvements such as widening of roads and implementation of public transportation projects, commuting within and outside the locality is becoming more convenient. Additionally, Panathur has seen a rise in the establishment of shopping malls, schools, hospitals, and other amenities necessary for a well-rounded community. These factors make the area an attractive destination for individuals seeking job opportunities and a modern lifestyle.
Homebuyers are interested in booking luxurious homes that are in close proximity to modern conveniences, for example SOBHA Neopolis. Inspired by Greece, the magnificence of the architecture in this residential township is evident at every turn, from the meticulously crafted facade to the thoughtfully planned interiors. These opulent apartments are a testament to architectural brilliance, showcasing the expertise and attention to detail that are the hallmarks of SOBHA Limited.
SOBHA Neopolis is designed to transport residents into Santorini’s picturesque and idyllic island setting. The clubhouses feature whitewashed walls adorned with traditional blue accents, reminiscent of the signature architecture found in Santorini island.
Premium materials and finishes add an undeniable touch of elegance to each residence within this sprawling complex. To further enhance the ambience of the luxury abodes, spacious windows and glass sliding doors overlook the clubhouses, landscaped gardens, and a plethora of amenities. High ceilings and open floor plans add to the overall airy and relaxed atmosphere.
To complete the Greek experience, meticulous attention is paid to outdoor spaces by incorporating charming, blue-domed roofs adjacent to pristine swimming pools overlooking stunning sunsets, creating an unforgettable living environment that echoes the charm and beauty of Santorini itself.
Moreover, SOBHA Neopolis sets itself apart through its unique integration of green spaces and natural beauty into its design philosophy, offering residents a serene escape from the hustle and bustle of city life. Truly an oasis within Bangalore’s urban landscape, this development raises the bar of contemporary architectural excellence in every aspect, elevating the standard for luxurious living experiences.
19 residential towers with double-height entrance lounges are planned for SOBHA Neopolis in the mainland Greek architectural style. These 18-storey highrises are a true delight to the eye, thanks to their exquisitely designed architectural features.
Tips for Buying Property in Panathur
When buying property in Panathur, following a few key tips is essential to ensure a successful investment. Firstly, conducting thorough research on the area is crucial. Familiarise yourself with the current market trends, property prices, and future developments planned for the vicinity.
Additionally, engaging the services of a professional real estate agent specialising in the Panathur area can provide valuable insights and assistance throughout the process. It is crucial to visit multiple properties in person and assess their proximity to amenities such as schools, hospitals, and shopping centres.
Furthermore, understanding the legalities involved in purchasing a property is paramount. Hiring a lawyer or legal expert specialising in real estate transactions will help you navigate any potential complications or discrepancies that may arise.
Lastly, it is prudent to consider your long-term goals before making a final decision. Whether you are looking for an investment or a home for your family, having a clear vision will aid in making an informed choice, when purchasing property in Panathur.
Conclusion
Panathur is a highly desirable area for property investment due to multiple benefits. One key advantage is its strategic location, which is well-connected to major IT hubs like ORR, Whitefield, and Electronic City. This ensures high demand for rentals and excellent potential for property value appreciation, making it attractive to buyers and investors.
The area also has leading schools, healthcare facilities, shopping centres, and recreational spaces nearby. Planned infrastructure development, such as metro connectivity and road widening, adds value to property investments. Panathur offers a peaceful lifestyle with green surroundings, while providing easy access to necessary amenities. Buying property in this locale offers a lucrative investment opportunity and a comfortable living experience.
