Without a question, the beauty of real estate investing is that it provides two-sided returns in the form of monthly dividends and capital appreciation, making it one of the most lucrative investment alternatives available. Even though the industry is in a depression, evidence reveals that inexpensive houses for sale offer a better return on investment than the mid- or high-end segments.
According to research and surveys, inexpensive homes in Bangalore and other cities with persistent housing demand generate much greater rental returns in proportion to their capital prices. The return on investment is substantially higher since the inexpensive homes for sale are within the ordinary budget. According to studies, homes priced below Rs 6, 000 per square foot offer a yield of more than 3%. On the contrary, according to the same survey, homes valued more than Rs. 6,000 per Sq. Ft. had a yield of 2.4 percent to 3%. As a result, experts advise that houses for rent should be from the cheap property bracket if investors want to maximize their rental return.
Bengaluru is one of India’s fastest-growing cities, with the IT and related industries driving the way. The city’s appeal is enhanced by its pleasant temperature, excellent connections, and cosmopolitan atmosphere. Although the return from cheap houses may be higher in comparison, and the larger real estate market is more or less flat, there are a few micro-markets that provide greater potential than the rest. Here’s why now the ideal moment to claim a piece of Bengaluru for yourself is!
Why invest in real estate in Bangalore?
The city is unlike any other
Bengaluru, already known as India’s Silicon Valley, has added the title of Startup Capital to its collection of accolades. The city’s real estate landscape is booming with investment prospects that promise enormous appreciation and high returns thanks to excellent domestic and international connections, smart infrastructure, and the growing presence of IT clusters.
North Bengaluru, the city’s fastest-growing neighborhood, is quickly becoming one of the greatest places to invest in real estate in Karnataka’s capital. Many MNCs and aerospace businesses are drawn to the area by hubs like Manyata Embassy Business Park and the KIADB Aerospace SEZ. North Bengaluru has become the metro’s crème destination thanks to outstanding educational institutions, retail and recreational centers, flyovers and roads, closeness to the international airport, and future Metro rail expansions.
North Bengaluru, which is nestled against the gorgeous Nandi Hills, is seeing a real estate boom as developers and house buyers alike seek out the peace of its verdant surroundings and the conveniences of contemporary life. While developers are developing magnificent homes such as lovely row houses and sophisticated flats, planned development is sweeping the North Bengaluru real estate market by storm. These ready-to-build plots strike the ideal combination between elegance and practicality for the discriminating buyer, having been designed with the environment and sustainability in mind. Foresight investors will be attracted to these planned developments because of the lower investment required and the certainty of better returns.
Up is the only way to go!
With the surge of IT experts migrating here for job possibilities generated by IT and allied businesses, property prices in North Bengaluru are projected to continue to rise. As a result, the region’s economy has grown faster than the rest of the city, making parking money in real estate a solid bet for individuals looking for a high return on investment. The pandemic hurt the real estate market, although it has since recovered. People who invest now in North Bengaluru home projects will profit from faster appreciation rates in the foreseeable future.
Bangalore is a green haven
If you’re looking to invest in real estate in North Bengaluru, you can’t miss Assetmonk’s prospects in various sections of Bangalore, which have gorgeous vegetation and are designed with long-term sustainability in mind. Our prospects include world-class amenities and creative solutions such as tree planting, rainwater harvesting, groundwater recharging, organic waste converters, and green-certified sewage treatment plants, among others. It’s a paradise for environmentally concerned investors since it’s a self-sustaining township that helps to minimize carbon emissions while also rejuvenating the natural environment in a long-term manner.
Other perks of investing in this property include tax incentives, a first-mover advantage, and additional plot sizes to pick from in a desirable location while costs are still reasonable. To top it off, investing in a property created by a reputable company like Assetmonk eliminates the risk of property development and return on investment uncertainty.
Infrastructure that is second to none
North Bangalore is noted for its superb social infrastructure, which includes prestigious educational institutes, retail, and recreation centers, restaurants, and hotels. Delhi Public School and Akash International School are two of the best schools in the area, making it a great place to raise a family.
In North Bangalore, commuting is simple and convenient. The area has a network of flyovers and immaculate roads such as the Outer Ring Road (OTT) and Bellary Road that keep you connected to the city’s key areas at all times. The Kempegowda Airport is also close by, making business travel much easier and faster. Furthermore, the forthcoming metro constructions would make a significant contribution to the people of North Bangalore’s seamless connection.
A wide range of developments have occurred
You will be spoiled for choice when it comes to buying a home in North Bangalore. Developers are leaving no stone unturned in developing gorgeous residences that suit the attractive environment surrounding them since the area is recognized for its rich flora and scenic terrain. You have a wide choice of homes to pick from, from beautiful row houses that provide a feeling of community while yet providing adequate privacy to modern flats that strike a compromise between elegance and practicality. Due to the lower investment and larger returns, homebuyers are also choosing planned projects in and around North Bangalore.
Rates of appreciation are high
North Bangalore real estate prices are predicted to continuously climb as the area continues to expand. This is especially relevant when considering the pandemic’s influence on future housing construction. The economy of North Bangalore has grown at a faster rate than the economy of other well-established districts in the city, thanks to the influx of IT experts looking for work in the area. Homeowners in North Bangalore also benefit from faster appreciation rates as a result of this.
Hebbal, Devanahalli, Yelahanka, and Hennur Road are just a few of the fast-growing residential areas in North Bangalore. Hebbal and Devanahalli, for example, have contributed significantly to the expansion of real estate in North Bangalore, with towers that have become monuments in their own right. Due to the rapid appreciation levels supported by sustained urban expansion, burgeoning locations like Yelahanka and other neighborhoods in North Bangalore are the greatest places to invest right now. Even if you do not want to rent out your house and instead plan to move into a home in North Bangalore, the fast-growing economy will benefit you and your family because you will be situated in a desirable location.
Also Read: Why you should invest in commercial property
Long term investment and real estate Bangalore
Long-term real estate investment yields the finest results. Any investment, for that matter, gets safer and delivers larger returns over time since it has adequate time to overcome all market swings. Real estate investors can benefit from strong capital growth as well as consistent returns. Even if the returns are little, they add up to a substantial fund that can help you achieve your goals in the long term. Long-term gains are also taxed at a lower rate than short-term returns, which adds to the advantages of long-term Real Estate investments. Real estate investing, regardless of where you invest, how much you invest, or how long you invest, may be highly beneficial for investors seeking financial independence.
Also Read: Best places to invest in Bangalore
Assetmonk and Real estate Bangalore
Assetmonk is a user-friendly real estate investment tool available online. It’s a one-of-a-kind market that caters to value investors in search of properties with significant growth potential. Assetmonk is democratizing real estate investing by giving people simple access to the hottest real estates sectors, such as co-living and commercial real estate. Investors may invest in high-yielding properties from the comfort of their own homes, with an accessible dashboard to follow the investment’s success. Assetmonk’s investing platform is simple and safe, and it is supported by cutting-edge technology. Investors can pick a property depending on their tastes and goals, as well as the price, duration, and tenure.