The Growth of Bangalore’s Real Estate Market
With the growth of Bangalore as a hub for the IT and tech industry in India, real estate, and especially the bordering suburban regions of the city have seen a rapid boom. Looking back over the last ten years, the garden city has experienced a steep rise in property prices with the increase in job-seeking working professionals moving to the city. If you are looking for an investment opportunity in the booming property market of Bangalore, then the outskirts should be your first choice. Continue reading to learn the reasons why these regions are perfect for investment.
Cheap Property in Sought After Areas
Investing in real estate has proven to be most fruitful in the outskirts of Bangalore, such as the rapidly developing region of North Bangalore. North Bangalore is in the vicinity of Kempegowda International Airport and the Central Business Area. Business executives and regular corporate flyers consider Yelahanka, Hebbal, Devanahalli, and Thanisandra as favorable real estate centers. Apart from all these areas being served by the Namma Bengaluru Metro Rail network, residents will feel connected to major parts of the city as well. The new Peripheral Ring Road together with the Bellary Road needs to further improve the connection between the two Bangalore regions.
Presence of Major Corporations Boosting The Market
IT establishments have utterly changed real estate property in bangalore. One factor that explains why major companies like to be located on the outskirts is the large tracts of available commercial land. The rapid growth in the economy of the outlying areas fuelled construction of tall buildings for habitation. As the number of IT and tech giants multiplies, many people move to the outskirts of the cities where they work. Localities such as Whitefield and Sarjapur no wonder are in high demand shopping for land due to their high growth.
Suburban Real Estate Trends: An Informed Choice For Investors
If you’re looking for a smart way to invest in Bangalore real estate, the outskirts of the city deserve your attention as they are rapidly appreciating. Buying these properties costs less compared to the ones located in central business districts yet they are quite productive. Moreover, such regions tend to have good rental prices owing to the greater number of offices and working professionals looking for homes nearby. The people who purchase these homes will also have access to better roads and transport as well as assist access to well-known schools, clinics, malls and cinemas.
Four Bedroom Homes: Affordable Suburban Luxury Living
Ones place of dignity is within their heart, and residing in the outskirts of town away from the busy urban life comes with its own fair share of benefits. In the face of increasing lifestyle-related disorders, it makes sense to live in places that are not plagued by city pollution. These regions are said to have minimum pollution and offer serene living conditions which many are yearning for nowadays. Several apartments have designs that include a green factor which allows the owners to keep pets. Apart from this, communities that have secured boundaries with walls are now sżeeing the increasing trend in growing plants on the terraces resulting in people being more in touch and appreciating nature.
A Wide Range of Property Choices for Every Investor
Your consideration of which kind of property you wish to acquire will influence your real estate investment strategy. Living in the suburbs, you won’t have a shortage of options. The choices are enormous, from gated houses and studio apartments to villas and new launches. You can choose the kind of project that best suits your needs in terms of budget, how long you’re willing to invest, and what amenities are available. For example, about Sarjapur Road, Dream Location 63° East is a 26.38-acre green self sustaining township with luxurious eco-friendly apartments that are suitable for a committed community living experience. In a home formulated putting urban families into consideration, dwell in a green landscape with 66% of the site left open.
Conclusion: Start Living Your Dream
The location is, without a shred of a doubt, the most important factor for real estate investment, and Bangalore’s suburbs has everything you need. Here the properties represent a double edged sword of affordability and accessibility. Also, there is constant swift rate of infrastructural advancement in these regions which translates to higher returns and appreciation. With so many advantages in store for home buyers, it’s high time to look into the along the edges for a smarter buy. Reach out to Dream Location Property Group go one step closer to your ideal home.
For more information about Dream Location and to search your dream property, please visit Dream Location on Google Map. Contact us today to know more about the best real estate deals in Delhi and North India; we will connect you to the right property investment.