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| What are the Growth Opportunities for Retail Sector after Metro Connectivity |
The retail growth of a place depends on several factors. One of the major factors is the placement or the location of the market. The area where it is located that is the availability of the area to common mass. If there is any kind of school, office, railway station, bus stand or even metro station near the market, it becomes convenient for the people to avail the facilities of the commercial hubs and real estate plans there.
Indranagar metro connectivity
The Indiranagar belt in Bangalore has flourished its retail and entertainment market due to a fantastic transport facility – the metro connectivity. Each day hundreds of people avail the metro service there and thus take advantage of this nearby market. The Indiranagar is the first premium locality to get the metro connectivity in Bangalore. The stretch of the metro is from M G Road to Byappanahalli. The residents of nearby locations have started savoring the facility and are hugely benefited. Most of the people avail metro to avoid the traffic on Bangalore roads.
The retail growth of the area
The metro has boosted up the economic position of the place. The shopping hubs, parlors, coffee shops in this area, especially the C M H Road, Dr. S A Karim Khan Road, and other nearby roads. These roads are very close to the metro stations. The stores are also keeping ahuge stock of goods according to the public demand. The shops are opened till late night for the convenience of their customers. The owners of the shops are overwhelmed by the surge of customers they get every day. Many new malls, coffee shops, restaurants are being built there. This area is turning to be one of the busiest areas of Bangalore just due to this metro connectivity.
Rising demand for Real Estate and rentals
The housing complexes, apartments, rental options are very high in demand as people find this place to be perfect – nearby metro connectivity, good ambiance, markets in close proximity. All these are helping the real estate business of Indiranagar to rise in Bangalore. The presence of nearby IT clusters and airports act like the icing n the cake. All these are day by day improving the infrastructure of the area. Due to all these the prices of the apartments or rents are also of wide ranges thus this area is preferred by people for such amenities. After a few years, this area will much more popular and demanding than it is, now.
The bottom line
The combination of all the facilities available in the location is resulting in the further improvement of the area and thus of Bangalore as a whole. Due to metro services the traffic of the nearby roads are smooth these days. The rise of the commercial hubs and real estate has improved the economic condition of the area. Bangalore would be a better place if it had more areas like Indiranagar. The area is going to have more shopping centers, food parlors, and other hubs within a few more years.
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