Bangalore, the capital city
of Karnataka has earned 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 an
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. Property in Bangalore
is expected to higher demands 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.
Hebbal
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.
KR Puram
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.
Indira Nagar
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
a tremendous growth in the investment values. Schools, colleges, financial
institutions, hospitals and ATMs- all are located nearby.
Whitefield
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 it became as a major part in
Bangalore. Here you will get to see many reputed multinational companies, which
assures good job opportunities to professionals.
Sarjapur Road
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
Property in Bangalore appears to be a great bet for early investors and
end users as it is expected to fetch higher returns in future.
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