Phenomenal migration in the last few decades & a shining reputation
of being the IT hub of India has sure made Bangalore the only city most
sought after by everyone across India to settle in. With this comes an
increase in residential requirements and people wanting to invest in a
property in Bangalore.
Phenomenal migration in the last few decades & a shining reputation of being the IT hub of India has sure made Bangalore the only city most sought after by everyone across India to settle in. With this comes an increase in residential requirements and people wanting to invest in a property in Bangalore. So, which locality or area can give you the best of returns? Read on…
Bangalore’s perfect weather all through the year beckons working professionals and population across India wishing to settle down in the garden city. And, this surge is a trend that has not changed for long and is here to stay. Clement weather and lower vulnerability to natural calamities are additional positives for individuals and families considering buying or investing in homes in Bangalore. Also, Bangalore offers an entire range of ultra-luxurious homes, luxury villas, plotted development, apartments and affordable flats with greater connectivity.
Top Bangalore Localities:
Top 5 localities of Bangalore accepted by most Bangaloreans as best suited for working professionals to live are Hebbal, Jakkur, Airport Road, Yelahanka & Sarjapur Road and people find it easy to live in areas of North Bangalore like Hebbal, Hennur and Jakkur.
Residential realty sales in Bangalore are driven by absorption of office spaces. Also, the professionalism demonstrated by property developers in Bangalore has been seen as a more reliable bet by investors and consumers alike. Bangalore, known as the IT capital of India continues to exponentially drive demand for office spaces as it stands at world’s number 2 of fastest growing startup ecosystem, with the IT city contributing to over 30% of the startups ecosystem in India.
So, the residential sales in Bangalore have seen a stable 10 % growth over the past couple of years in spite of fluctuations in the market, with a gradual but consistent increase in capital values.
Real estate in Bangalore is certainly one of the best property markets to bank upon. Rapid commercial development, availability of quality options and expansion of the city limits have influenced most non-resident Indians to invest in Bangalore to earn profitable returns in a short period of time.
Localities in North Bangalore offer maximum returns in terms of real estate investment in Bangalore. Hebbal is one of those localities which have been rapidly growing over the past few years due to swift commercial development in close proximity. Prominent international IT Companies have made Hebbal their base with major companies functioning out of most sought after busin ess hubs like Manyata Tech Park, Manyata Embassy Business Park and Kirloskar Business Park, all in closer proximity to Hebbal.
A rising demand for quality office spaces is pushing Hebbal’s real estate market as the majority of the commercial demand is coming to this part of the city due to an availability of space at affordable costs. Hennur Road in north Bangalore has also become one of the most popular residential destinations, especially after the international airport in Devanahalli.
Not just that, easy to commute and closer proximity to lifestyle requirements & basic necessities like hospitals, schools, banks, malls, eateries, restaurants etc.. make North Bangalore the most and user-friendly place to live.
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