Make a Note: Trending Areas to Invest in South Bangalore

Make a Note: Trending Areas to Invest in South Bangalore

From luxurious apartments, villas, and plots to affordable housing, Bangalore is home to it all. With an abundance of real estate options available in this city, it might be difficult to select the best investment option. This article will help you understand rapidly expanding Bangalore or rather Bengaluru better, for real estate investment.

Bangalore –

A city that desires to integrate the best. A city that has transformed supremely over the years. A city that has welcomed advancement with open arms, but has also kept its traditionality intact. The people of Bangalore are recognised for their go-getter attitude.

Despite demonetization, property prices in Bengaluru have not witnessed any violent fluctuations or crash and the real estate market of the city hasn’t lost its momentum. According to experts, around 40% of the under-construction projects will be ready-to-move-in the next three-four quarters.

They truly believe in not just experiencing the change, but being the change. And that’s precisely what has made Bangalore a well established and leading metropolitan city of India.

Bommasandra:

Bommasandra is located in South Bangalore adjacent to Hosur Road and NH44 near Electronic city and offers everything from residential complexes, access to top commercial spaces and a well-built physical and social infrastructure. All these conveniences attract many real estate enthusiasts and investments in majorly 2BHK and 3BHK housing units.

Infrastructure initiatives: Proximity to the metro service and infrastructure initiatives such as roads and flyovers are important factors to consider before zeroing in on an investment.

As these are the major areas of employment in Bangalore, many office goers prefer to invest in properties situated in this location.

Also, remember that developers with a large inventory may be willing to negotiate and lower property prices. On the other hand, developers with big projects may not agree to bring down the rates of their projects.

Sarjapur Road

Sarjapur Road, in the south-east part of Bengaluru, is another favourite hub for real estate investors.

With saturation hitting established office markets like Whitefield and Outer Ring Road, Sarjapur Road is on the radar of IT companies looking to set up shop. This has led to the development of a large residential catchment around the area catering to IT professionals seeking affordable residential options.

Infrastructure initiatives: The central government has approved the construction of a Peripheral Ring Road (PRR) connecting Tumkur Road to Hosur Road via KR Puram, Bellary Road, and Sarjapur Road. This major initiative would enhance connectivity from north to south Bengaluru and also lessen traffic woes around Sarjapur Road.

East Bengaluru

While Whitefield is an established corporate and residential hub in East Bengaluru, Varthur and Budigere are upcoming areas catching the fancy of many investors.

Several residential projects coming up in these localities will be ready for possession in two to three years’ time. This part of Bengaluru is ideal for investment in residential projects ranging in the Rs 70-80 lakh bracket.

The area is home to established IT/ ITeS companies as well as start-ups and promises high price appreciation and return on investment on residential properties.

Infrastructure initiatives: The buzz around properties in Whitefield has grown as it falls on the route of the upcoming Purple Line of Phase 2 of Namma Metro. South Western Railways has also started a train service from Majestic to Whitefield in the morning to ease traffic woes.

West Bengaluru

The West Bengaluru sub-market covers the areas and projects around Tumkur Road NH-4, Yeshwantpur and Rajajinagar Industrial Area.

The location has traditionally been an industrial area dominated by industrial and warehousing activity.

It offers attractive options to end users as well as investors seeking affordable housing. Land values are relatively lower in this part of the city making it an attractive entry-point for long-term investors.

Infrastructure initiatives: The construction of the Peripheral Ring Road (PRR) will lead to improved connectivity and reduced travel time to important parts of the city.

The commute time from Tumkur Road to the airport is also expected to come down once the PRR becomes operational.

When it comes to real-estate investments, a good location is always beneficial. A site with growth is ideal. So what makes the Century season’s location ideal? Should you invest your hard-earned money here? What are the future prospects? Will it bring you profit? All of these questions should be answered.

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