Bengaluru Real Estate: Here Is Why And Where To Invest
by chartered housing Luxury Apartments
Are you planning to invest in real estate Bangalore has to
offer? If so there you should know which areas to invest in and which ones to
avoid. Real estate apartments in
Bangalore are
aplenty but there are some key locations in the city that will assure you
better returns both in a better quality of life and price appreciation.
Before that, you would need to understand why
Bangalore is an option. The city is a steady real estate market and has not
witnessed any crashes or volatility. Its weather is a great draw, as also the
factor that Bangalore is a thriving IT/ITeS hub. The city also attracts a lot
of expats thanks to its cosmopolitan nature. The presence of excellent educational
and research institutions is a bonus. It is also a great place for many within
India to settle down. What’s more, if you are someone seeking to invest in real estate Bangalore has on
offer, it will gladden you to know that rental income here is higher than other
cities. There is good capital appreciation as well. What’s more, unsold homes
is a huge issue in other cities but Bangalore’s inventory of unsold properties
is rather low.
Where to invest
• Kanakapura
Road: This
is a neighbourhood that promises proximity to key areas such as Jayanagar,
Basavanagudi, JP Nagar, and Padmanabha Nagar, among others. It also offers
excellent connectivity by way of NICE Road and Mysore Road. Social
infrastructure is good in the neighbourhood. Capital appreciation is high here,
thanks to metro projects and good infrastructure.
• Electronic
City:
Bangalore’s IT hub, Electronic City, is home to some of the most reputed tech
firms and attracts a lot of residential real estate investors. It is also
well-connected to the rest of the city, thanks to the Hosur elevated
expressway. If you want to invest in real
estate apartments in Bangalore, this neighbourhood is a very good bet,
considering it is one of the hottest micro markets in the city, thanks to its
social infrastructure and cosmopolitan nature.
• Sarjapur
Road: Thanks
to its link to Outer Ring Road, Sarjapur Road is one of the happening
neighbourhoods if you are considering real estate Bangalore options. The
locality is a key office space hub and there’s a surge in demand for
residential real estate here.
• Devanahalli:
Proximity to the international airport is a key reason why this neighbourhood
has seen tremendous growth in recent times. It is also home to plenty of
entertainment options, including malls. Social infrastructure is great as well.
• Varthur
and Budigere: If you are looking at East Bangalore, localities like
Varthur and Budigere are good bets, buoyed by the number of start-ups and
IT/ITeS firms here.
• Nelamangala: If you
are keen on plotted developments, you can consider investing in this region
that is close to two National Highways, NH 48 and NH 4. Land value has gone up
in the recent past here, and you can invest in plots if apartments are not your
style.
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Joined APSense since, August 17th, 2015, From Bangalore, India.
Created on Aug 31st 2018 07:32. Viewed 428 times.
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