With the pace the technology is growing, everything is rapidly changing and before you know it, you’ll see an upgraded or modern version of the same thing. Back in the day, there were convenience stores, where you would go if you wanted to buy something but with everything around us changing, this has changed too. Micro markets came into effect and these are super trending and generate revenue of around $1000 per week.
Before we move ahead, let’s understand the concept of micro-markets. This is a retail sector that is closely related to the vending machine industry which works on the concept of automated checkouts. These are best suited for places that can’t be continuously attended to. These are more of the grab-and-go kind of markets where you pick a product, pay the price, receive the product and that’s it, you are done. No need to stand in long queues waiting for your turn or worrying about the difficulty in payments, it’s all sorted here. After the implementation of RERA (Real Estate Regulatory Authority) and GST (Goods and Service Taxes), real estate markets are finally growing and moving steadily after the dip it was suffering from.
Bangalore’s housing market has seen tremendous growth especially because of the positive customer response and upgrading the infrastructure and ultimately increasing job opportunities too. Not just micro-markets, best-in-the-market physical infrastructures along with huge contributors add to the growth of the real estate sector in Bangalore city.
Some very famous and trending micro-markets are mentioned below:-
3) HEBBAL – Having located at the most strategic position, being so close to the airport, this is one of the most amazing localities of Bangalore. Since this forms as the intersection for all the roads which lead to the airport, its location is impeccable and certainly breath-taking. It’s not just the location and the societies which play the important role in increasing the societal value, Hebbal Lake also adds to its nature quotient. Being one of the most important residential areas, so many projects are being completed or have been completed and working professionals always book apartments as it would reduce their traveling time.
PERKS OF BEING IN LOCALITY
- The Hebbal flyover which is iconic enough and connects Bellary road and Outer ring road is one of the top points why people want to live in the area.
- The basic bus stand (BMTC bus stand) is located just below Hebbal flyover.
- The Bangalore airport is just around the circle, it’s only 30kms now.
2) HOSUR ROAD – This is a huge, 4 to 8 lane highway which is running through national highway 7. Since the development of Electronic city, giving opportunities to huge IT hubs also led to the establishment of Hosur road. Initially, the area focused on the development of professionals working in the IT sector, the affordable property rates and inclination towards development of infrastructure led to the overall development of the area.
PERKS OF BEING IN LOCALITY
- The area lies close to Baiyappanahalli therefore sees huge influx from prime areas like Indira Nagar and M.G. Road.
- The main railway station of the city, Bangalore city junction is just 9kms from the area.
- The international airport, Kempegowda international airport is also in the nearby vicinity that is just 40kms.
SARJAPUR ROAD – This locality is very strategically located and has been constantly growing because of its continuous developments and its great fondness by IT professionals. The area has been overall developed, having Market Square mall and various supermarkets like Spencer’s and Families hypermarket, having several showrooms, mega marts, etc. in the area.
PERKS OF BEING IN THE LOCALITY
- The area offers amazing connectivity to Whitefield, Electronic City, Koramangala, Outer Ring Road, Marathahalli and Silk Board.
- The Kempegowada airport is also in close vicinity with the area so that also helps.
