Bangalore real estate is one of the best property markets in India. Fast commercial development, quick expansion of city limits and offer of different quality options makes Bangalore an attractive destination for NRI investment. Following are some of the best localities in Bangalore from the real estate investment point of view.
Nayandahalli is the new addition to the list of profitable localities in Bangalore. Because of its metro connectivity to other parts of the city, property rates and demand have gone up considerably in the last few years. Prices are expected to further increase with the connectivity to the nearest residential areas such as NGEF Layout, Balaji Layout and D Group Layout.
Yelahanka is located in the northern outskirt of Bangalore. The presence of several defense establishments in this locality makes it a quiet and peaceful neighborhood. Besides, there is a bank of undeveloped land which is now being utilized for real estate development.
Hebbal is a focal place which is seeing rapid development due to the commercial growth in the adjoining locales. Demand is rising for quality office space is pushing Hebbal’s real estate market as a majority of commercial demand for quality office space is coming to this part of the city owing to the availability of space at an affordable cost.
Sarjapur is yet another favorite investment hub for real estate investors. The rampant construction activity may have slowed down the price movement but it is once again picking momentum. Whitefield and Outer Ring Road are running out of the supply of ready-to-move-in office space. So the adjoining Sarjapur Road is the ideal alternative destination.
HSR Layout has been a locality which has been awaiting to take wings with metro connectivity becoming available to connect with prominent destinations in Bangalore. Being a gateway to Electronic City, this locality has gained the preference of those buyers who want to remain connected to the main city life while staying close to their offices.