WHICH ARE THE IDEAL RESIDENTIAL PROPERTIES FOR INVESTMENT IN REAL ESTATE?
According to the real estate investors, Bangalore has become a centre of attraction for real estate investment, as it offers a good return on investment coupled with rental income. The city has solid ground for macroeconomic dynamics and stability, mainly in regards to the IT/ITes sector creating real estate demand. Bengaluru provides good options for the real estate investors, who are on the lookout for long term home investment.
The real estate market is growing day by day in Bangalore. Several developers are introducing new projects at several locations. It is also known as the ‘silicon valley of India’ as it is considered to be a major hub for IT companies. Bengaluru offers a fruitful investment, if one is thinking to invest in Bangalore’s real estate, offering modern amenities and high standard of living. The market gives a fruitful return if one can wait for 5 or 10 years.
Surprisingly, the jolts of demonetisation, was not felt by the Bengaluru real estate as property prices in Bengaluru did not witness fierce fluctuations. The real estate market has not lost its impetus.
At present, I wish to purchase a home with residential hubs, possessing amenities such as parks, hospitals, schools, colleges, etc. A suitable location needs to be chosen in order to witness a high Return on investment (ROI).
There are plans to choose a residential hub from the localities below:
As per the real estate experts, villas in Bangalore located in north side is a possible long term investment option. The property values are increasing due to connectivity via the outer ring road and vicinity to the Kempegowda International Airport.
Currently, Yelahanka comprises defence establishments, making it a peaceful residential option.
Also, I’m looking out for properties in Hebbal, Devanahalli, and Thanisandra as the prices of land in the mentioned areas are going to escalate.
Sarjapur Road is a well-known destination for real estate investors. Since the saturation limit is occurring in office markets such as Whitefield and Outer Ring Road, IT companies are looking to establish their base in Sarjapur Road. This has led to the growth of residential catchments around that area, meeting the needs of IT professionals.
Indira Nagar is a popular place to invest in Bangalore. Interestingly, this city has shopping malls, eateries and schools. At the same time, this place has metro station too. There is an exit point, through which one can go to other cities in and around Bangalore.
HRS layout is connected to prime locations in Bangalore, such as Jayanagar, Electronic City and M.G Road. The city life is enjoyable for bachelors, married couples and families.
K R Puram:
KR Puram has a good reputation for having schools and colleges in the city. The rapid transport system that connects KR Puram and Silk Board is a good location for investment in the real estate.