While period has seen a massive stagnation in property prices owing to the increase in supply during the boom in real estate during period, property investments should be evaluated with a larger time frame of years to average out cyclical headwinds. Adding to this, the COVID pandemic brought in uncertainties to Bangalore real estate in the year just like any other sector, but the sector is on a clear path to recovery from Q3, FY onwards.
From affordable housing to luxury 2, 3, 4 BHK apartments and villas, this region has it all. Elevated expressways, metro routes, flyovers connecting Outer Ring Road, NH-7, Peripheral Ring Road and the local buses are major options to have a smooth and effortless commute to any region. Its serene surroundings and impressive infrastructure is home to some of the most luxurious residential projects in the city.
The employment opportunities in this area have skyrocketed due to the presence of the finest tech parks including Manyata Tech Park.
Renowned schools, colleges, and shopping malls are just an added bonus here. Initially, home to a number of factories and manufacturing industries, this area was not known for its real estate. Once the Kempegowda International Airport became functional, this area experienced a boost in its residential demand.
In addition, a large number of employment opportunities are available due to the increasing IT companies sprouting here. The area still being in its fast development phase offers economical apartments with massive returns.
Garuda Yelahanka yes, there is one in Yelahanka too! Bangalore International Airport. Premium homes, health care centers, educational institutions, theme parks, and excellent facilities are available here in abundance. Known for its enjoyable activities like karting, snooker, bowling, cricket, bike rides, paddling, swimming, boating, etc make it an outstanding place to raise a family. It is true, a home in Hennur feels like living in a paradise. You can roam around at this pub with friends and family and it feels like a resort.
Since it is an outdoor pub, it makes it very comfortable for both bachelors and family to enjoy their evenings here. While a pub should not be a highlight for deciding a real estate investment, but Byg Brewsky on Hennur Road is so outstanding that it truly deserves a mention. Who knows you may fall in love with Hennur because of Byg Brewsky alone! Hennur Road enjoys a direct connectivity to the Bangalore Airport through a new airport road that has opened for Bangaloreans in recent years.
It reduces travel time to the airport by 30 minutes as compared to old route via Mekhri circle. Hennur Road has a big Decathalon and Puma Factory outlet. It also has a quite belt off Hennur Road that houses luxurious villas from more than 15 builders.
A quiet suburb, Devanahalli came into limelight after the construction of the Bangalore International Airport. This area is famous for its satellite township, thus investing in projects like Embassy Springs or Ozone Urbana will make all civic amenities easily available to you. Since this area is around 30 km from city centre, it is important that you must explore this belt from investment perspective and for good long term returns.
It is inevitable that a city will expand and grow in real estate more towards the airport region first and Bangalore is no exception. Bangalore is expanding heavily towards Bangalore International Airport after its construction in The state high level body has also approved a major investment proposal in this area. Three hundred acres of land in Haralur and Muddenahalli villages of Devanahalli taluk have been granted to Cornerstone Property Developers Ltd to develop a theme park and sports hub at the cost of Rs 1, crore.
This clearly indicates that North Bangalore is one of the fastest growing areas attracting big investors. Thanisandra is one of the fastest growing areas in North Bangalore. This area, in particular, has seen an astounding boom in the residential and commercial real estate development. All the achievements of this area are credited to its well-planned infrastructure.
Public transport facilities make commuting to major parts of Bangalore smooth and time-saving. The upcoming 72 km Metro Rail Phase 2 will only add to its list of advantages.
Connectivity, massive growth rate, and increased development make Thanisandra a sure bet to invest on. Looking for a place in the thriving heart of the city with a blend of old and emerging Bangalore?
Then South Bangalore is a better option as compared to North Bangalore. It was only after the setup of the International Airport that this area saw a boost in the demands for residential.
One of the fastest-growing areas in North Bangalore. Not only residential, but this area has also seen an increasing demand even when it comes to the commercial part as well. Well-developed infrastructure, proper transport facilities, and the upcoming 72km Metro Rail Phase 2 only add to the list of the various advantages that this area provides.
The real estate industry in Bangalore is only evolving. With all this, it has become clear that this sector in Bangalore is here to stay. Here is a list of some of the best places to invest in the IT hub. Electronic City To the South of Bangalore is a place which offers almost everything to the people who are residing, or plan to reside in this area.
It is emerging as an important residential destination for affordable to luxury developments which will lead to a good Return On Investment in the future. It is gaining a lot of attention due to multi-billion dollar investment proposals and reasonable property pricing points. Additionally, companies and families are shifting their base to this area as it is free from the chaos and congestion, not at all like Bangalore City. Infosys Technologies has acquired 10 acres of land in the Devanahalli area.
Social Infrastructure nearby:. Thanisandra is yet another growing locality in Bangalore which enjoys proximity to the International Airport and well connectivity with areas like Jakkur, Hebbal, HBR Layout and Hennur. Also, the luxurious Leela Hotel is coming up in Bhartiya City. Hennur Main Road enjoys proximity to the airport as well as to the city. Like Yelahanka, this is another peaceful and greenery region in Bangalore.
This area is now becoming an attractive destination for consumers due to its connectivity, important residential projects and developing infrastructures. Bangalore has a stable Real Estate market as it has not seen extreme fluctuations and has steady prices.
The North Bangalore is considered as the future of Bangalore realty market since it is blessed with the good connectivity, green surroundings, available land for developments and range of properties from plots to integrated townships available for all income groups.
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