Bengaluru is one of the fastest growing cities in terms of its economy, infrastructure and opportunities. In the past decade, Bengaluru as a city has undergone massive modifications and has welcomed change while retaining its essential values. It has grown into a significant metropolis since then.
Its remarkable economic growth is attributed to the establishment and expansion of the IT industry. With the city’s rapid growth, individuals from all across the country began migrating to Begaluru in search of work. In addition, over the last few decades, the city has evolved enormously in terms of technology and social infrastructure. All of these reasons suggest that the real estate market of Bengaluru is seeking to expand swiftly.
The real estate industry of Bengaluru is highly viable for its excellent connectivity, higher returns on investment, tax benefits, and social infrastructure. It is constantly on its toes for providing the best residential and commercial experience to customers. For that, it is continuously adapting to the newer trends introduced in the market. For instance, Bengaluru was recently ranked 14th by APAC for its sustainability in commercial spaces.
Property prices in Bengaluru have risen dramatically in recent years, which can be ascribed to the city’s growth. And, with no indications of slowing down, Bengaluru could very well be the best city in India for real estate investments. Let’s look at some of the finest areas to invest in Bengaluru.
After the inauguration of Kempegowda International Airport, Yelahanka became a land of possibilities. Upon the development of several IT companies, the path for residential development has expanded. This market began drawing the interest of huge developers due to its large expanses of land and strong connectivity via air, rail, and highways. Some of the biggest shopping centres have been established in the area, making it a beneficial investment. The neighbourhood is still developing, with low land costs and higher price appreciation potential.
Whitefield is a well-established commercial area and one of the best areas in Bengaluru to invest in. With the emergence of major IT parks in Whitefield, the area has become a real estate investment centre. Several housing options are reasonably accessible to the working class in Whitefield. This region will likely become a hotspot for real estate investment now that the purple line metro is connected and train services from Majestic to Whitefield are functioning.
- Sarjapur Road
Sarjapur Road connects the outer ring road to Electronics City and HSR Layout. It is now becoming a new economic and leisure hub as the outer ring road fills up with IT companies. It is the best place to live for people who work at surrounding companies. As a result, the community has developed significantly. Housing prices are expected to rise as a result of the projected outer ring road’s reduction in traffic on the Sarjapur route.
- Kanakapura Road
Kanakapura Road provides a significant advantage due to its proximity to the city’s major areas. The projected Peripheral Ring Road will connect it to vital roadways such as Mysore Road, Tumkur Road, Hosur Road, and Old Madras Road. This has resulted in new commercial and residential properties in the area. The presence of educational institutions, as well as the development of a metro rail line and road improvements, has increased the area’s real estate prominence.
In the last decade, the city has grown by leaps and bounds. Today, Bengaluru is one of the most technologically advanced cities in terms of its rapid advancement and industrial development. With a somewhat stable real estate market, the risk of investing in Bengaluru is relatively less, making it an excellent option for investment. Goyal & Co.| Hariyana Group have some of the finest property options in Bengaluru for investment. With ready-to-move-in properties, we provide accessible and quality spaces for a harmonious experience.
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