The Silicon Valley of India, Bangalore, is growing at a rapid pace. The demographics, the superior lifestyle, the employment opportunities and the booming real estate market has attracted people from every corner of the country and state to buy flats for sale in Bangalore. The demand for luxury apartments near the IT zones and parks is also on the rise. Buying homes in Bangalore is lucrative as buyers enjoy elevated lifestyles and also own assets in some of India’s best cities. The IT hub of India is a preferred destination when it comes to buying apartments.
Top 5 Locations for Good Future Returns in Real Estate
There are several residential projects in Bangalore that you must check out if you are interested in finding a good place to stay. If you are thinking hard on where to invest, you can take a closer look at the top 5 locations that offer good future returns:
Hennur: This is one of the most lavish and posh locations of Northern Bangalore which is witnessing huge demand for residential and commercial properties from prospective buyers. Investors prefer this location as Hennur enjoy close proximity to the international airport. You may find flats of various configurations here including 1 BHK, 2BHK and 3 BHK flats for sale in Bangalore. The price of property has gone up by almost 15% in the last 3 years in the city and the trend is expected to continue.
Indira Nagar: If you want to enjoy outstanding civic amenities and world class facilities, you must definitely go for Indira Nagar in Bangalore. Owing to the superior living conditions that the locality offers, Indira Nagar is counted as one of the prime residential locations of Bangalore. The region has recorded fabulous growth in investment value as it is surrounded by prime locations including Byappanahalli, Vimanapura, Ulsoor and many more. Other facilities like schools, colleges, shopping malls and financial institutions are also located close by.
Devanahalli: Devanahalli is an upcoming IT hub, which is sure to see tremendous growth. Devanahalli is just next to Whitefield when it comes to growth and development. Its chief attraction is the Devanahalli Business Park, the mega billion dollar establishment. It is great to learn that a financial center worth Rs. 1000 crores is also coming up soon. So, you may find 1BHK and 2 BHK flats in Devanahalli.
Sarjapur: The localities like Electronic City, Whitefield and Koramangala are developing rapidly and thus there is heady growth in the number of 2BHK flats. When you talk about economic and commercial growth, the named places are nerve centers in the realm of residential property development. Several builders are coming up with residential projects in Bangalore in the Sarjapur location which primarily cater to the affordable housing segment.
Banashankari: Banashankari in Bangalore is counted as posh locations as it offers an elevated lifestyle. You must consider investing in Banashankari as the value of property rises by 15% almost every year. Being the largest locality in Bangalore city, it is regarded as one of the best investment destinations in India itself.
Eastern Bangalore is also a hotspot in the Indian investment market. Sarjapur Road tops the list of best 5 locations to live in Bangalore. It is amazingly connected to the Outer Ring Road and key IT hubs like Electronic City and Whitefield alike.
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