Bangalore, the capital city of Karnataka has earned the name of ‘Silicon Valley’ due to the presence of several IT/ITES. The city also enjoys an amazing cosmopolitan culture with a mixed population hailing from different parts of the country. Being the third largest populated city in India, property in Bangalore sees a good demand.
The city is also touted to be one of the fastest growing metropolises in the country and houses some of the most reputed educational institutes and research centers in India.
Bangalore is considered as an ideal destination for making investments by many foreign investors mainly because the city promises good returns on their investments. The city has abundance of talented human resources, a decent English speaking population, acclaimed educational institutions meeting the international standards, and, most importantly, a good proactive and supportive state government. The favorable government policies and its continuous effort to pull in foreign investment give Bangalore a competitive edge over other cities in India.
The city is sprouting on the back of excellent infrastructure, robust connectivity and burgeoning infrastructure. Buy Property in Bangalore is expected to see a higher demand in future as well.
Captured below are some areas in Bangalore that makes a great investment.
These areas have unlocked the value of Residential Property in Bangalore.
Proximity to Bangalore International Airport makes Hebbal one of the sought after destinations of the city. Numerous technology parks and IT companies make the locality one of the best real estate investment destinations of the city. The locality has good infrastructure that aids residential growth, and high speed rail networks are an added advantage.
Proximity to Manyata tech Park and IT hub of Whitefield makes it one of the most preferred destinations for IT employees. Located at NH 4, the locality is 3 Km from Byappanahalli metro station. Improved connectivity also stands out as one of the prime reasons for the growth in demand of residential units in the vicinity.
Being a well-developed location adorned with world class civic amenities, Indira Nagar is counted among the most favored residential locales in the city. It is surrounded by a few prime locations like Vimanapura, Byappanahalli and Ulsoor and has recorded tremendous growth in the investment values. Schools, colleges, financial institutions, hospitals and ATMs- all are located nearby.
Whitefield is a neighborhood of Bangalore and it performs as a gem of East Bangalore, an emerging IT hub of Bangalore city. The IT/ITEs boom of metropolitan city reshaped Whitefield as a major suburb and now has become a major part of Bangalore. There are many reputed multinational companies, which assures good job opportunities to professionals.
Located near the three major established hubs of Electronic City, Whitefield and Marathalli, Sarjapur Road is an upcoming real estate hub. The area enjoys close proximity to the large IT organization, making it a rental hub, apt for those looking for non-residential property investment.
The city is eyed as a hotspot by developers, property buyers and investors. Investment in Residential projects in Bangalore appears to be a great bet for early investors and end users as it is expected to fetch higher returns in future.