7 Best Regions for Real Estate Investment in Bangalore

Bangalore is best place to invest and best place to live. Looking for new property – below are some good regions for real estate investment in Bangalore

Yelahanka:

Yelahanka is situated in North Bangalore- around 17.6 km away from Majestic, some 19 km away from the International Airport. Near to the International Airport, Elevated Expressway (Bellary Road), High Speed Rail Link, Bangalore Metro Rail, etc. have been the major growth drivers for residential development in North Bangalore. Also, the Government is aggressively promoting this area for future economic activities – This is expected to eventually generate more than 40 lakh jobs in the area in the coming two decades. This makes Yelahanka a great long-term investment prospect. Some of the prime developments in North Bangalore in the mid-segment residential category are Prestige Misty Waters, Hiranandani Glen Gate, Brigade Altamont, Mantri Webcity and Sobha City etc.

Devanahalli and Narasapura:

Devanahalli is located in North Bangalore and is reachable by NH7, also known as Bellary Road or Bangalore Hyderabad Highway. Stretch on NH7 from Hebbal to Devanahalli is well planned and expanded to six lanes with further plans of expansion to reduce the travel time to airport from current 40 minutes to less than 20 minutes. It is 35 kms to the north east of Bangalore City with Metro rail planned to have connection to Devanahalli Airport in its phase-2.The presence of the multi-billion dollar Devanahalli Business Park, India’s second largest International Airport , Aerospace SEZ, IT and Hardware Park and also the upcoming financial city make Devanahalli an attractive prospect for the real estate investor.

Some of the prime projects in Devanahalli are Brigade Orchards, Prestige Golf Shire, Divyasree Valley of Wind, Nandi Belle Vue,Ozone Urbana, Nitesh Long Island, Sobha Lifestyle, Sobha Lifestyle Legacy, House of Hiranandani Upscale, Century Istana, QVC The Hills

In Devanahalli, plots price is starts Rs 1,500– 2,o00 per sq ft and apartments at Rs 3,000 – 3,500 per sq ft .

Narasapura Situated close to the Bangalore International Airport, Nasarapura is all set to be a major manufacturing hub. The real estate prices are projected to reach Rs. 1000 per sq ft within the end of the year.

Sarjapur:

Sarjapur is one of the superfast developing locations in Bangalore as of now. It connects major localities like Whitefield, Electronics city and Koramangala and with IT corridors. Home buyers enjoy the convenience of living close to their work place. Also, may good educational institutions and shopping centres etc. made Sarjapur more attractive and perfect for real-estate investment locations.

 Whitefield :

Whitefield is well-connected to the prime city by two major roads – Whitefield Road and old Airport Road. These roads have direct access to the Outer Ring Road (ORR) which connects to the international airport. Whitefield also has a railway station near Maitri layout which connects to the centre railway station of the city. Whitefield has a well-established social infrastructure with presence of healthcare facilities, schools, convention centre and hotels. Hotel brands such as–Vivanta by Taj, The Marriot, The Zuri and The Royal Orchids – are present in Whitefield. It also houses educational institutions such as ICFAI and Shriram Institute for Industrial Research.

Whitefield witnessed large scale residential developments from 2000s onwards as IT related developments rush forward into the market. Whitefield was well connected roads, and good infrastructure which attracted home buyers particularly from the IT sector who were looking to stay close to their work spaces. Whitefield residential market is mostly dominated by users end. Many developers group into Whitefield to launch their projects catering to all segments from affordable, mid-segment to luxury. Prestige Group, Brigade Group, Puravankara Group and Sobha Developers etc. have launched their projects in Whitefield.

KR Puram:

KR Puram is in East Bangalore, located at the intersection of the Old Madras Road and the Outer Ring Road on NH 75. It is also close to two major IT hubs-Whtefiled and Manyatha Tech Park, which makes the location especially attractive for IT professionals.

Hennur:

Located on the northern border of the Bangalore. Hennur has good access (an hour drive away) to the Bangalore International Airport. The current prices for properties range from about Rs. 80 Lakhs to Rs. 1 Crore and are expected to see a rise of 15 to 20 % in the coming years.

Electronics City:

Electronics City, usually referred to as Electronic City, is an IT hub in Anekal taluk, Bangalore Urban district in the Indian state of Karnataka, India. It is one of India’s largest electronic industrial parks, spread over 332acres in Konappana Agrahara and Doddathogur villages, inside Bangalore, India. It consists of three zones called phases – Phase I, Phase II and Phase III. Electronics City was established by Keonics, Karnataka Electronics [ a pioneer in information technology infrastructure development. Keonics Electronics City houses major IT /ITES companies. There are approxim:ately 200 IT/ITES companies located in Electronics City. So it is one of the best place for homebuyer.

Source and images: Google.com, https://www.wikipedia.org/

 

 

 

 

 

 

 

 

 

 

 

 

Anjali Radhakrishna

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