Bangalore has emerged as a victorious spot for real estate investors atoning great returns on investments and guaranteed rental incomes. Alongside the continual expansion of the IT sector in the city, providing with consequent real estate demand, enables Bangalore to vaunt of the strong endurance and macroeconomic dynamics. Based on latest research, it is come to light that about 40% of the projects that are still under the under-construction would shift to the ready-to-move-in zone in the forthcoming months.
Most residential areas or communities are self-sufficient or are independent units that most commonly offer a range of amenities and services in the premises or very close to them. These are some of the best areas in Bangalore, to be informed about if you are planning to make an investment in the real estate any time soon.
- Yelahanka
It is one of the areas that is densely populated by defence establishments, which is a boon making the area much more safe and pleasant to reside. This area has been growing very fast due to the various developments transpiring in and around the area. Yelahanka is very well connected to the rest of the city and having been close to the Bangalore INternational airport makes it all the more priced by the dwellers. It is also amongst the favorites due to its close proximity with localities such as Thanisandra, Devanahalli and Hebbal.
- Bellandur
Bellandur proves to be one of the most convenient location for investors planning to settle close to their work space that are concentrated in and around the stretch from Silk Board-HSR-Bellandur-Marathalli and ahead. Surrounded by several malls, hospitals, educational institutions and various public avenues, it is one of the most promising locations to invest for new home-buyers and investors.
- Whitefield
It is one of the fastest growing locations of Bangalore. It is home to several large IT organizations and tech parks, making it highly populated by the IT crowd. The prices of the real estate are on the rise due to its constant demand and popularity but it is yet another fantastic area to put your money, especially if you work in the neighbouring areas. This location is all the more in demand due to its connectivity by the Metro from majestic and the various public avenues such as restaurants, school, hospitals and malls present there due to which the area is seeing great expansion of residential hubs and townships.
- BTM Layout
BTM Layout is located in South Bangalore and is one of the most popular areas in Bangalore in current times. It is all the more famous due to its convenient location that makes it extremely well connected to the city and due to its close proximity to Koramangla, JP Nagar, Jaynagar and Bannerghatta Road. BTM Layout is home to numerable hostels, colleges, residential communities, etc. The locality is safe, secure and extremely commutable both by public and personal transport.
These are the fastest growing localities in Bangalore that are perfect for real estate investment especially if you are looking for a safe and promising return on investment. There are several big brands developing their projects all over these places offering affordable yet luxurious living spaces. This article is an attempt to help new home-buyers and investors to make well informed choices and understanding the promising localities of Bangalore.