Bangalore has become an ultimate real estate hotspot amongst all the metropolitan cities of India thanks to the high density of IT & ITES, Startups and multinational companies located here. There has been a rapid growth in urban infrastructure and Real estate prices thanks to the increasing number of professionals and skilled workforce immigrating here for better opportunities.
In terms of residential options, Bangalore offers a vast variety of options ranging from Affordable to Ultra Luxurious homes in communities with Amenity-Laden Development.
There are few reasons as to why Bangalore is an attractive realty destination:
Bangalore is divided into North, South, East & West Zones.
The following list has been compiled in terms of Real Estate Prospects
The most promising hub in terms of IT and Real Estate, East Bangalore is home to well established IT/ ITES companies as well as start-ups. Investing in Real Estate in this zone would yield high appreciation and favourable returns on residential properties.
With close proximity to the majority of the IT hubs and the upcoming metro in Whitefield, the demand for residential communities in this area has been on an all-time high and hence there has been a massive development of a large residential catchment focusing on IT professionals seeking affordable residential options.
Advised by many experts as an optimum location for viable long-term investments, the property values in North Bangalore have been on a rise thanks to its connectivity through the Outer Ring Road (ORR), proximity to the Kempegowda International Airport and easy access to the Central Business District.
Real estate in the North zone is on a growth surge owing to the development of the upcoming Aerotropolis Park, IT Parks, Aerospace parks and the presence of large portions of undeveloped land. With massive Road widening projects and speedy development of large-sized townships improving prospects in areas like Hebbal and Devanahalli, Real Estate in North Bengaluru is going to grow massively in the future.
Important areas here are
Famously known as the Residential Bangalore, South Bangalore is known for its serene landscapes, safe and developed residential areas. Known to be the most beautiful zone of Bangalore thanks to its resplendent green cover, South is considered to be rather peaceful than the other areas in Bangalore.
In terms of connectivity, the Metro stations in almost all areas of this zone make it a highly attractive residential zone for people looking to live in calm areas away from the noise and chaos of the city.
The best part of this zone is it is self-sufficient in terms of all amenities and easily accessible from all parts of Bangalore thanks to the presence of major roads and flyovers connecting important areas.
Prime areas are:
The West Bangalore zone covers the areas of Tumkur Road, NH-4, Yeshwanthpur and Rajajinagar Industrial Area. Traditionally known for being an Industrial area witnessing heavy industrial activity it offers highly attractive options to home buyers as well as investors wanting to invest in affordable housing. Land values are low in this part of the city making it an ultimate entry-point for long-term investors. Also, the construction of the Peripheral Ring Road (PRR) will lead to improved connectivity and reduced travel time to important parts of the city. The commute time from Tumkur Road to the airport will effectively come down once the PRR becomes operational.
Real estate hotspots here are:
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