Bangalore, the Silicon Valley of India, is an epicenter of real estate activities. Urbanization came along due to the existing IT industry, large corporations, and new startups moving in. Given its climate, greenery, and overall living standards Bangalore remains a popular city to invest in property.
In this blog, you can find out the Best 5 Areas to Invest in Real Estate in Bangalore, focusing on cities with good infrastructure and connectivity and which are growing rapidly as well. These localities are favorable for both homebuyers and investors since they guarantee lucrative returns on investment.
Why Buy Property in Bangalore?
Bangalore has become popular in terms of real estate due to various factors which include:
- The IT sector
- Social infrastructure
- Returns on property investment
Dream Location is here to provide you with the best investment opportunities in the bustling city of Bangalore. We make sure our clients ROI is maximized across investment in the real estate properties.
- Devanahalli – Picturesque and Called for Development
Devanahalli finds its place among the prime localities for investing in property in Bangalore as it is surrounded by serene beauty in the backdrop of Nandi Hills. The region is emerging and provides good infrastructure making it favorable for all kinds of investors or home dwelling.
The residents of this locality are also well served by the perfect connectivity with NH 44 & NH 648, Devanahalli railway station as well as proximity to Kempegowda International Airport. Dream Location lists Devanahalli among the top performers in terms of fast growing areas for investment in the real estate sector in Bangalore.
Some of the notable projects happening in Devanahalli are:
- Brigade Calista
- Tata Swaram
- Sobha Lifestyle Legacy
- Whitefield- The Bengaluru India’s IT Capital
Whitefield set on the east periphery of Bangalore is one of the most popular areas and is in high demand owing to its enviable location and good connectivity networks. This area is well served by public transport such as the forthcoming Namma Metro which has been extended to Whitefield improving the existing access to the rest of the metropolis thus making it an affordable and easy place to work and live in.
Whitefield is a well-rounded locality as it has reputed schools and colleges, hospitals, shopping centers, and IT parks. For investors looking to buy property in Bangalore, Whitefield is a good option as housing rent comes along with a good amount of return and value appreciation. You can consult Dream Location to help you select the best properties in that area.
In Whitefield the notable developments consist:
- Prestige Waterford
- Brigade Woods
- Assetz Marq 3.0
- Kanakapura Road – A Green and Growing Locality
Another perfect locality for property investment in Bangalore is Kanakapura Road which is known for being green and having fresh air while also being close to IT parks and educational facilities. The area is well connected with NICE Road and Outer Ring Road (ORR) which provide easier access to the city center.
Road development and infrastructure advancement projects are presently underway for Kanakapura Road and so the future appears bright for this locality. This locality also appears to be ideal for those looking for a peaceful life with good connectivity according to Dream Location.
Noted projects along Kanakapura Road include:
- Sobha Dream Garden
- Brigade 7 Gardens
- Purva Highlands
- Hosur Road – High ROI and Increasing Demand
Hosur Road is considered as one of the busiest real estate area in Bangalore thanks to its close proximity to Electronic City and Sarjapur Road. With many investors looking at Hoosur Road due to the annual rental yield of 4%, the area definitely fits the criteria of having good returns on investments. VOI of the area over the years and the incoming metro makes it a good place for investment.
The overall Hosur road area provides a diverse portfolio of both completed units and new developments planned for future construction allowing many types of investors the chance to expand their real estate businesses. Dream Location encourages the pursuit of this locality due to its historical focus on the potential value which has proved strong evidence of future potential that sits in the realm of the rental market.
Select key projects developed in Hosur Road include:
- Brigade Valencia
- Sobha Victoria Park
- Purva Westend
- Electronic City – A Safe and Promising Neighbourhood
Electronic City, usually associated with the IT crowd, has a great social infrastructure, great rental yields to go with it. Owing to its accessibility, safety and an established real estate market makes it a preferred investment destination for many of the property investors in Bangalore.
As the developments continue, the well-planned area of Electronic City continues to receive interest from residential and commercial real estate investors as well. This area is best suited for the investors who wish to take advantage of Bangalore’s ever-expanding tech industry.
Some of the highlighted projects in Electronic City include:
- Sobha Town Park
- Shriram Liberty Square
Conclusion
If any of You are considering investing in property in Bangalore seeking for high return particularly, then you should focus on these 5 localities. Devanahalli, Whitefield, Kanakapura Road, Hosur Road, and Electronic City not only have tremendous infrastructure and connectivity but are also in great demand which makes them ideal for investors as well as first time home buyers.
Make the most of these wonderful areas and don’t wait too long to grab your Dream Location! Call today to start the most exciting journey of investing in one of the flourishing cities, Bangalore!