Tumkur road is one of the prominent belts emerging to the West-west of Bangalore as the city is stretching outwards. Tumkur Road’s micro market is primarily an industrial destination linking the core city with the traditional and established industrial clusters of Peenya and Yeshwanthpur. Having an easy connectivity to key locations is one of the key factors which is changing the primarily industrial character of this region and is triggering demand for residential options around. Since this road is an industrial corridor, it houses various engineering and manufacturing facilities. In addition this micro market has 475 acres spread Hindustan Machine Tools (HMT).
Very recently the population of this micro-market was mostly dominated by employees of the industrial houses here as the area was a hub for small scale industries manufacturing ancillary parts for public sector undertakings, automobile industry, garment industry etc. Eventually this area has seen the arrival of large domestic and global corporations. Due to this reason this location of Tumkur road is experiencing great escalation in real estate price and demand. Also an upgraded elevated Tumkur Highway connecting to Nelamangala, announcement of the Bangalore-Mumbai Industrial Corridor, connectivity to the airport and the ORR, all these have favored this industrial belt of Tumkur Road to have a spurring growth in real estate which is definitely to soar in the coming future.
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