Reasons To Choose Bangalore For Investing In Luxury Homes

The real estate market in Bangalore is one of the most preferred ones for its stability. The IT boom and many other factors have turned Bangalore into the Silicon Valley of India. This has attracted a lot of builders and real estate developers hoping to capitalise on the rising demand for luxury homes in the city. While Mumbai and Delhi are also popular, Bangalore is preferred because the prices are slightly lower here. Here are a few reasons why most people choose to invest in luxury residential villas in Bangalore.

1). Price: As mentioned, the price of a luxury home in a popular area in Bangalore is much lower when compared to prices in Mumbai and Delhi. Mumbai is ridiculously overpriced when it comes to investing in a luxury home, especially in a developed area. In comparison, a luxury home in Indiranagar or Koramangala, two of Bangalore’s most developed areas, is much more reasonable. This is the main reason why Bangalore is the preferred city to invest in luxury homes. 

2). Access to quality: The availability of quality materials, design and the presence of a large number of reputed real estate developers in the city makes it more convenient for investors. A large number of highly reputed real estate developers have their branches in Bangalore and offer beautiful luxury homes for sale. The demand for luxury homes in Bangalore keeps increasing and the city reports sales of more than 100 luxury units per year, whereas Mumbai and Delhi have only a dozen such sales. There is a lot of variety to choose from and therefore investors prefer Bangalore.


3). There are a number of upcoming areas in Bangalore that one can choose from. While the prices in developed areas are quite steep, there are many areas like Hebbal and Kanakapura that might become as developed in the coming year. Investing in luxury villas in Electronic city or Kanakapura could be more profitable as the land value could increase in the coming years. There are many such areas that offer good connectivity and low prices at the moment. Sarjapur road, for example, is a favourite with real estate developers in Bangalore, because it offers connectivity to Whitefield and Outer Ring Road where many IT companies are located.


4). Metro Connectivity: The Metro in Bangalore is expanding to cover many more areas presently and this is another reason why land appreciation could go up quickly. The city is well-known for its notorious traffic, but with the Metro connecting more areas, this problem could be reduced. Areas that have Metro connectivity already boast of luxury home units and apartments.

These are few of the reasons why Bangalore is the preferred destination for investing in luxury residential villas and apartments. If you are looking to invest in a luxury home, choose Bangalore and explore the variety of choices here.

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