Bangalore is one city that swears by its strong macroeconomic dynamics. Thanks to the perfect market driver, the IT Sector, most people find Bangalore an ideal place to spend a life full of comfort, relaxation and luxury.
In the mind of real estate investors, nothing beats the charm of the capital city of Karnataka. The IT industry has spread its roots substantially in Bangalore in the last few decades. Statistically, the city enjoys a 40 percent hold over the Indian IT Industrial sector. This explains the mega-migration of the population to reside in the dream city.
What further escalates the glamour of the city is its stable image in the realty market. Research highlights no fluctuations or crashes in the domain in recent years. In fact, there has been a noticeable surge in capital values in certain areas. Such reports obviously engineer positive sentiment, making Bangalore an attractive investing ground.
However, the most common dilemma in the mind of investors is which part of the city makes a good residential option and promises the greatest returns?
We have compiled a list of the most happening real estate hotspots within the Silicon Valley.
North Bangalore
The northern zone of Bangalore is a forerunner in terms of long term investments. Its assets include smooth connectivity owing to the Outer Ring Road, easy accessibility to the International Airport, and proximity to the Central Business District.
Areas such as Thaniasandra, Hennur Road and Hedge Nagar have showcased a 3 percent growth rate in the last one year. No surprises, why this belt is known for luxurious investments to the score of one crore and more!
Koramangala
Koramangala is undoubtedly one of the most lucrative real estate hotspots. This area of the city is most popular in terms of ultra luxury apartments and aristocratic bungalows. It marks the elite and most sought after residential zone.
However, owing to lack of vacant plots necessary towards further infrastructural development, the property prices here are rather steep.
East Bangalore
If you are looking for immediate returns, localities in Eastern Bangalore are the place for you! Several new startups are mushrooming in this area, making it a part of the flourishing IT zone.
So, invest in Varthur, Jakkar, Atibele and Sarjapur for maximum appreciation of property. East Bangalore also projects supplementary virtues of greenery and water availability.
Sarjapur Road
A fine balance of fast-paced development and rich green-spots like Billapura Lake, Sarjapur is quickly growing into one of Bangalore’s most sought after real estate hotspots. The location is well-connected to some of the most happening IT clusters like Whitefield, Electronic City, Outer Ring Road, Koramangala and Marathahalli. This makes it an ideal choice for young home-buyers seeking good connectivity to their workplaces.
Housing educational institutes such as ITM Institute of Hotel Management, Bangalore College of Engineering and Technology, and BIT, Sarjapur Road is rapidly taking shape as promising a real estate destination.
HSR Layout
Swift metro connectivity and proximity to major hubs of the city are the chief attractions of this hotspot. HSR Layout qualifies as the most productive address.
This area serves as a gateway to the Electronic City. So, you remain connected to the glittering city life and yet stay away from the hustle and bustle.
Bangalore originally known as a pensioner’s paradise has today transformed into a cosmopolitan centre. While the beautiful parks, lakes and cultural centres provide it with a traditional charm, the state-of-the-art modern facilities and multi-ethnic culture make it a robust investment destination.
The real estate market of Bangalore is worth banking on. Rapid commercial expansion and stretching of city boundary have even attracted NRI investors.
The Address Makers, premium builders in Bangalore, offer flats for sale in Whitefield Bangalore and villas in Sarjapur road. With well-designed plans, superior amenities and huge open green spaces, these homes offer the best of comfort and luxury in Bangalore’s prime real estate hotspots.
By now you must be convinced to park your money in Bangalore and derive lucrative returns. So, which area qualifies for you as the hotbed of real estate activity?
