Bengaluru is the IT capital of the country with a burgeoning IT industry that houses the world’s top IT and related businesses like Wipro, Infosys, and Flipkart. The IT ecosystem is a fertile environment for many start-ups to flourish. Bengaluru also boasts of having one of the best weathers in the country and a social life second to none. All these factors attract the best talent from the country to the city. These professionals, entrepreneurs, and businessmen settling down in the city push the demand for real estate. The property market in Bangalore is constantly evolving based on the residential and commercial projects in demand.
Bangalore has one of the widest varieties of properties to choose from for real estate investment. Some of the fastest-growing locations in the city are witnessing ongoing projects and upcoming ones by the leading builders in Bangalore.
Let us understand why these locations are the best in the city for real estate investments.
Whitefield is a well-known IT hub of Bangalore that hosts many IT companies and businesses. The location is well connected to the rest of the city via the Whitefield main road, SH-35, Old Airport Road, Whitefield Railway station, and the upcoming purple metro line. Whitefield boasts many malls, educational institutes, hospitals, hotels etc,. These factors have led to it becoming a major residential and commercial hotspot and an ideal location for real estate investments in Bangalore. The 4 BHK villas in Whitefield and row houses are well-known in the city.
Electronic City hosts large IT MNCs that employ thousands of professionals. Its connectivity will be boosted by the upcoming metro rail project to Hosur and the already present elevated expressway. The ongoing influx of people has created many leisure and entertainment facilities. The location has seen a surge in residential projects as it needs to house the workforce deployed by IT companies. The many options for investment in residential and commercial projects promote Electronic City as a leading destination for investments.
3. Sarjapur Road
Located in the south-east part of Bengaluru, Sarjapur Road is well connected to important IT hubs of Bengaluru. The location also boasts the highest appreciation in real estate investments. The rapid development of ready-to-move-in apartments was fuelled by the significant infrastructure development in this area. Sarjapur Road also hosts the best schools, colleges, cafes, and other entertainment avenues which makes it an ideal location to settle down.
4. Hennur Road
Hennur Road is in the northern region of Bengaluru, comparatively closer to the center. It is close to Cantonment station and well connected to all parts of the city by road. Hennur has easy access to some of the best educational institutes and commercial centers in the city. The location is ideal for socializing and known for providing a community experience to its residents. As a result, the location is in demand and set for high growth, especially the residential real estate. The projects in Hennur are seeing a continuous rise in value over the past few years.
5. Indira Nagar
Indira Nagar is considered one of the prime locations of Bengaluru, known as the residence of the wealthiest of Bangalore. The locality boasts upmarket neighbourhoods, luxurious residences, and lavish social life. What makes this one of the top destinations for investments is the booming commercial property market. The area commands one of the best leasing rates in the city. Many renowned developers are promoting premium residences banking on the social status of the location. Indira Nagar is easily accessible to most technology hubs and corporate parks. It also boasts a well-developed social infrastructure.