10 Best Regions for Real Estate Investment in Bangalore
Bangalore is arguably the city that has benefited the most from
India’s IT boom. A pro-active government is to be commended for the
fascinating growth the city has seen in recent years which has been,
among other things, music to the ears for real estate investors. With
newer projects and a thriving consumption-oriented urbane population,
the city offers capital appreciation well worth gaining. For you to make
the most from the city’s growth, here are 10 best regions for real
estate investment in Bangalore.
Arguably the locality in Bangalore that has showed
the maximum appreciation of capital prices, Indiranagar- aside from
being well developed is aso surrounded by prime locations including
Vimanapura to the east, Ulsoor to the west, Byappanahalli to the north
and Dommlur to the south. The presence of reputed schools, colleges and
hospitals as also shopping malls, gardens and other recreational
facilities make Indira Nagar one of the most favoured residential
localities in Bangalore. In terms of monetary rise, 375% return on
property investment has been recorded in Indiranagar since 2005.
Sarjapur is one of the fastest developing locations in Bangalore as
of now. Well connected to major localities like Whitefield, Electronics
city and Koramangala and with a proposed IT SEZ by Infosys and the new
corporate space of Wipro have all made this just about perfect for
plotted investment. In addition, several reputed educational
institutions and shopping centres etc. could be found here making
Sarjapur all the more attractive.
Situated close to the Banaglore International Airport, Nasarapura is
all set to be a major manufacturing hub. 685 acres of industrial land
has been allotted by the Karnataka Industrial Development Board with 22
major companies including Mahindra Aerospace and Honda Motorcycle having
already acquired land. The real estate prices are projected to reach
Rs. 900 per sq ft within the end of the year.
Located on the northern fringes of the city, Hennur comes with the
double attraction of being in the vicinity of the Bangalore
International Airport while affording access to the city centre that’s
some half an hour drive away. The property rates in the area have soared
in recent times thanks to the four lane highway that’s proposed for the
cargo road to the Airport. The current prices for properties range from
about Rs. 80 Lakhs to Rs. 1 Crore and is expected to see a rise of 15
to 20 % in the coming years.
Yelahanka is situated in North Bangalore, some 19
km away from the International Airport. The property prices began to
rise after the airport came into existence. The Karnataka government has
instituted a body the purpose of which is to develop North Bangalore as
a business hub. This is expected to eventually generate 40 lakh jobs in
the area in the coming two decades. This makes Yelahanka a great
long-term investment prospect.
Devanahalli, located some 40 kms in a north eastern direction from
Banaglore is fast evolving as an IT hub in the city. The presence of the
multi-billion dollar Devanahalli Business Park, India’s second largest
International Airport and also the proposal for a Rs. 1000 Crore
upcoming financial city make Devanahalli an attractive prospect for the
real estate investor.
On East Bangalore, KR Puram is a good investment prospect. Located at
the intersection of the Old Madras Road and the Outer Ring Road on NH
75, KR Puram is well-connected. It is also close to two major IT
hubs-Whtefiled and Manyatha Tech Park, which makes the location
especially attractive for IT professionals. The widening of the
Peripheral Ring road that is proposed will also add value to a property
in KR Puram.
While the recent bout of industrialization has up
the ante for Hoskote, it is as a long term investment option that
Hoskote will work best. Currently, it’s the government planned
infrastructural development projects that are the mainstay here with a
thriving residential population as well. The fact that the taluk lies
between NH 4 and NH 207 attributes to its connectivity.
Whitefield’s real growth story began in the 2000s with Bangalore’s IT
boom. This is essentially a microcosm that has well-developed social
and physical infrastructure amidst lush greenery. The presence of famed
international schools and hospitals are also value add-ons. Some
outstanding residential projects are already in place in Whitefield. Due
to the presence of a thriving community of IT professionals Whitefiled
is a great rental market as well. A 11-14% of steady annual growth over
years with more IT and infrastructure projects in the pipeline, this is
one locality that’s going to stay investor-friendly.
Banashankari situated in South Bangalore is considerably less ‘hip’
in terms of lifestyle options but what it lacks there it makes up for on
the investment front, with a 10 to 15% annual appreciation. It is also
listed among the 50 best investment destinations in India for the year
2015 by the financial information portal, moneycontrol.com. Banashankari
is also Bangalore’s largetst locality, stretching from Mysore Road to
Kanakapura Road and with the city spreading out, this is one region that
will see newer projects, and thereby more growth.
Thanks for the share.Bangalore is the hub of IT companies in India.The best benefit of investing in residential project in Bangalore is the choice you get here.
ReplyDeletePlots in Hoskote Near Bangalore|Villas in Hoskote Near Bangalore
Well said Bharathi. As Bangalore is the top growing city in India, you can get lots of benefits by investing in Real Estate projects.
ReplyDeleteAffordable Villa Projects in Narasapura Bangalore | Villas For Sale near Narasapura Bangalore
Thanks for sharing nice places in Bangalore. We need to investment best Real estate projects.
ReplyDeleteApartments for sale in Sarjapur road Bangalore | Apartments for sale in Sarjapur Attibele road
Dear Bharathi Mohan, Thanks for Sharing the 10 Best Regions for Real Estate Investment in Bangalore, among these 10 regions, I think Sarjapur is the main region to invest for the Villa Projects. Villa Project on Sarjapur Attibele road Bangalore is having high demand for the property to invest.
ReplyDeleteProperties in Bangalore
ReplyDeleteProperty and Homes for Sale Bethel, Ny
ReplyDeleteAt bhhspetersrealty.com, we specialize in providing Property and Homes for Sale in Bethel and Roscoe NY, if you need Houses for Sale in Sullivan County NY, then contact us.
The blog is written in a good manner. The way its written is so interesting. good blog. thanks for sharing.
ReplyDeleteLuxury Villa For Sale In Bangalore | Buy Luxury Independent Villas In Bangalore | Luxury Villas In South Bangalore | Independent Villa For Sale In Bangalore
Wow thanks for sharing this much information..but i am looking for a villa near chennai but am not able to explore much as m new to chennai..can u please share some villas in urapakkam chennai
ReplyDeleteI am very ecstatic when i am reading this blog post because it is written in good manner and the writing topic for the blog is excellent. Thanks for sharing valuable information.
ReplyDeleteRow House in Sarjapur Road | Row house in Bangalore | Villas near Marathahalli | Villa for Sale in Sarjapur | townhouses in bangalore