Bangalore Real Estate Investing Ideas
Bangalore is considered to be one of the most upcoming residential and commercial markets in India. It has had a multi-directional growth in recent years, and for those who have been planning to make an investment, this is considered the right time for them. And though there are numerous properties been available in the market, the majority are just for an investment purpose as this would promise goods and better investments for the future.
Bangalore being the IT sector city, has been attracting real estate investors over the years. Given below are the five major areas of Bangalore that would lead you with some excellent return on investment.
Marathahalli
Marathahalli is considered to be one of the most popular locations for buyers as it has a large number of properties that are on sale. And those who have been looking out for some safer options of investments should zero on this area. The area is well developed and is sought by home buyers and prospective clients. Marathahalli is famous for its location by NH7, where most buyers have been looking out for properties with their offices being set at Bellandur, ITPL, and last but not least, Whitefield.
Indira Nagar
Indiranagar is generally considered the best neighborhood locality showing the maximum appreciation of capital prices and is filled by residential and commercial real estate projects. Indiranagar has added a greater value to its geographical location, surrounded by prime locations like Vimanapura on the east, Ulsoor on the west, and Byappanahalli on the north Domlur on the south of Bangalore.
These are areas that promise a high return of investments and are preferred as a residential locality. It is being equipped with basic amenities like schools, colleges, gardens, temples and shopping malls, etc. The area has been giving 375 percent of investment from the year 2005.
Kadugodi
The main selling point of Kadugodi is the under-construction metro route. Once operational, it would then be connecting the Kadugodi industrial area with Whitefield. The ones who are planning to invest in this area mainly aim for the plots for sale in Kadugodi. So if you want to have an investment in this area, then the starting price for you would be 8 lakhs with the plot size of 900 – 1600sq for 20 lakhs.
Though the development of this specific area is at a nascent stage, they do offer you the required facilities like hospitals, banks, preschools, and the shopping zones of that particular area.
Hennur
Hennur is located in the northern extremes of Bangalore, with some of the popular residential destinations in Bangalore. Hennur directly links to the Bangalore international airport electing a high return of investments in the past few years or months.
Hennur Road will soon be extended with a four-lane highway for a cargo road to the Bangalore international airport. And as per the limitations, it would indeed develop from the infrastructure side. The locality would here witness high supply properties with costs ranging from 80 lakhs to 1 crore.Â
Narasapura
This is a place located 65 km away in the Kolar district from IT city. And according to the present scenario Gujarat, Chennai, and Pune Narasapura would soon be significant hubs with all the required equipment. Moreover, Narasapura is closely located at the Bangalore international airport and the vibrant IT suburb Whitefield. Karnataka Industrial developmental board has allotted 685 acres of industrial land to show an apparent demand on the real estate.
So which part of Bangalore real estate would you make an investment in? Do leave your answers in our comments section below.
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