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Jayanagar emerges as new address for affluent level

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With growth of business and economy a number of new brands of billionaires have their address at dynamic location of Jayanagar. It has all the major established and fast growing business heads like, co – founder of Infosys N R Narayan Murthy along with its two other key members - K Dinesh and SD Shibulal. Chairman of GMR Group has also his domicile at this location of south Bangalore. On the other hand other seriously rich segments are scattered around many posh locations of the Silicon Valley like Sarjapur road, Koramangala, Vittal Mallya Road etc, added the source at www.propertykhazana.com.
For the Infosys crowd Jayanagar counts the suitable locations for easy transportations and is hugely increasing the affluent level communities in its surroundings. According to some confidential sources the owners and high income employees have gradually shifted to its vicinity concerning the main locations of the city like – MG road and other business centric areas and proximity to stock centre - Lalbagh road. Most importantly Jayanagar is also riding the high peak of retail with its growing affluent level populace in and around its Block. “11th main of Jayanagar has also become one of the key reasons of high profile immigrations to this locality as it offers tremendous accessibility connecting major spots like JP Nagar, Basavanagudi, Banashankari, Bannerghatta Road, and other important locations, and also its close proximity to 4th Block Complex” as added the deputy MD of a renown realty consultancy firm CBRE South Asia at the www.propertykhazana.com.
Another shocking about this location is that, for the rentals there was a price tag of around Rs 50 to Rs 60 five years ago but in recent days it has gone up to the range 400 percent high marking nearly Rs 250 per square feet and also in some areas it has touched the rate of Rs 300 per square feet. Leasing criteria on the same way is on peak motion mainly around the Jayanagar 4th Block 11th Main. Many national and international brands have established their address at this locality ranging from household to that of Jewellery. For more updates on realty browse www.propertykhazana.com.

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