Bangalore is home to a large migrant population. People migrate to Bangalore in the hope of good employment, better living standards, a modernized lifestyle, etc. Bangalore has also in the past few years witnessed immense growth in economics, infrastructure, and connectivity. The demand for properties in Bangalore has risen with the development in the IT sector and manufacturing industries along with housing unit facilities that cater to the needs of different income segments. People from different parts of the world have started settling in Bangalore due to the diverse career options and living standards.
Bangalore has been recognized as one of the ideal locations for real estate investment for NRIs along with cities like Pune, Hyderabad, and Mumbai. The real estate investment comes with a sound prospect in terms of the rental returns on the property and also the price appreciation. Let’s further see where to invest in Bangalore.
Northern Bangalore
Regions such as Hebbal, Devanahalli, Yelahanka, and Hennur Road have been recognized as the creamy areas of North Bangalore as it offers buyers and investors with a variety of projects which match their requirements. The area is also very well connected with elevated expressways, metro routes, flyovers connecting Outer Ring Road, NH-7, Peripheral Ring Road, and the local buses. The largest IT belt in Northern Bangalore is the Manyata Tech Park. Let’s see some of the best locations in north Bangalore for investment.
A) Hebbal
In Bangalore, Hebbal is a well-known and highly recommended locality for real estate investment, especially if you’re thinking about relocating there and purchasing real estate. Investors are drawn to it because of its location in North Bangalore and proximity to Nagavara Lake.
Hebbal offers a mix of high-rise apartments and low to mid-rise apartment complexes, which cater to different types of buyers, and is therefore thought of as the best area to invest in Bangalore. Investors can more easily find properties that meet their needs and budget thanks to the housing market’s diversity.
Along with housing choices, Hebbal is also home to a number of tech parks, such as the Eastern Shopping Mall, International Tech Park, and others, which have made a significant contribution to the expansion of employment in the area. This indicates that investors looking to rent out their properties have access to a sizable pool of potential tenants. Hebbal is therefore among the most crucial areas in Bangalore to invest in.
Hebbal is well connected to the rest of the city via Bellary Road, ORR (NH 44), and Hebbal Flyover in terms of connectivity. Residents now find it simple to travel for business or pleasure to other areas of Bangalore. The construction of the new airport at Devanahalli has also made Hebbal a more desirable location for real estate investment.
Property Rates and Facilities in Hebbal
Facilities in Hebbal:
B) Hennur
The Bangalore neighborhood of Hennur is a verdant green area next to the outer ring road. Investors looking for real estate opportunities should take into account this area, which is regarded as one of Bangalore’s most prestigious localities. Hennur offers a variety of housing choices, including villas, mid-rise buildings, and luxury apartments, making it an ideal location for different types of buyers.
Hennur is regarded as one of Bangalore’s best investment locations in part due to its picturesque surroundings. The area is appealing to investors because of locations like Bangalore Palace, Hennur Biodiversity Lake, bamboo forest, and numerous lakes. Hennur’s luxuriant vegetation lends the area a tranquil and serene atmosphere that is difficult to find in other parts of the city.
Hennur has excellent access to all of Bangalore’s key hubs in terms of connectivity. The city’s strong transportation infrastructure, along with its excellent urban planning and infrastructure, make it simple for residents to move around the area. Hennur is a great place for urban living thanks to a variety of medical facilities, educational institutions, and recreation centers.
Hennur, a neighborhood in Bangalore, is a great place to invest because of its beautiful settings, reliable transportation options, healthcare facilities, educational institutions, and recreational amenities. It is also a great place for urban living and residential real estate.
Property Rates and Facilities in Hennur
Facilities in Hennur:
C) Thanisandra
A neighborhood in North Bangalore, India called Thanisandra is currently going through a significant period of growth and development. The neighborhood is close to several major roads, including ORR, Bellary Road, and Hennur Road, thanks to its location on Thanisandra Main Road.
Several well-known neighborhoods surround Thanisandra, including Nagawara, HBR Layout, Hebbal, and Jakkur. Because of this, it is a desirable location for those who want to live in a peaceful but convenient area.
Thanisandra is becoming more well-known in part due to its close proximity to Manyata Tech Park, which is home to numerous IT businesses. Therefore, Thanisandra is a preferred residence for many IT professionals who work in the park. This has led to an increase in demand for housing in the area, which has resulted in the development of several notable residential projects, such as Arvind Sporcia, Mantri Energia, and Zenith Residences – Karle Town Centre.
Thanisandra is regarded as a great place for investment in Bangalore in addition to being a popular residential hub. Numerous investors looking to invest in the real estate market are drawn to the area due to its advantageous location and the rapid development of the surrounding area.
Property Rates and Facilities in Thanisandra
Facilities in Thanisandra
D) Yelahanka
Yelahanka is a great location for commercial investment as it is known for its manufacturing industries. It also has a sprouting IT industry and thus attracts several professionals to it. It is also one of the fastest-growing regions of North Bangalore and offers high returns. The easy access to better educational schools and institutions along with the best healthcare facilities are some other reasons why you should invest in Yelahanka.
South Bangalore
If you are looking for a place in Bangalore that offers you a blended version of the old and new Bangalore, then south Bangalore is the perfect option for you. BTM Layout, Silk Board signal, Bannerghatta Road, Jayanagar, JP Nagar, etc., are some of the most famous locations in south Bangalore for realty investments as it offers investors with an entirely different outlook of Bangalore in comparison to the rest of Bangalore. It hosts several educational institutions, multinational companies, and recreational facilities. Listed below are some of the top localities in southern Bangalore for realty investments.
A) Electronic City
The Electronic City is one of the top choices for realty investments for both commercials as well as residential investors. It is a zone that hosts several top corporates and numerous IT parks. This thus makes it an ideal location for the working population. Residential properties are also available in the Electronic City at a minimum price of Rs. 15-25 Lakhs. Wipro, HP, BHEL, Infosys are some of the top commercial players of Electronic City.
B) Sarjapur Road
Due to its rapid development and advantageous location, Sarjapur Road is regarded as one of the best areas in Bangalore to invest in real estate. Located in close proximity to prominent IT clusters like Whitefield, Marathahalli, and Electronic City, Sarjapur enjoys excellent road connectivity to these areas.
Sarjapur Road offers a variety of amenities, including retail stores, dining options, theaters, banks, and more, making it a good choice for investors looking for a place to invest in Bangalore. Additionally, the region is dotted with famous landmarks like Market Square Mall, Sarojamma Complex, and Columbia Asia Hospital, making it a convenient place to live or invest.
Sarjapur Road is well connected to the Outer Ring Road (ORR), Hosur Road, and SH-35 in terms of connectivity, providing simple access to many locations throughout the city. Sarjapur Road is among the top areas in Bangalore for real estate investment, which is not surprising given its advantageous location, rapid development, and wide range of amenities.
Property Rates and Facilities in Sarjapur Road
Facilities in Sarjapur Road
C) Bannerghatta Main Road
State Highway 87, also known as Bannerghatta Main Road, is a well-known and well-established locality in Bangalore’s southern region. This 49-kilometer road begins at the Christian Cemetery in Adugodi and continues all the way to Anekal. Bannerghatta Main Road is regarded as one of the best locations to invest in Bangalore’s real estate market because of its advantageous location and well-connected road network.
Bannerghatta Main Road has always been a well-liked option for residential investment because it is one of Bangalore’s older neighborhoods. Numerous well-known developers have built a variety of residential properties in the area that are suited to different budgets and preferences, including Opera Structures, Honey Properties, Celebrity Prime Develops, and Mahaveer Group.
Thanks to its extensive road network, Bannerghatta Main Road boasts excellent connectivity to numerous locations throughout the city. The NICE Road, which connects to other important roads and highways in Bangalore, is also easily accessible from the area. Therefore, buying property on Bannerghatta Main Road is regarded as a wise investment choice for those seeking long-term gains.
Property Rates and Facilities in Bannerghatta Main Road
Facilities in Bannerghatta Main Road
East Bangalore
Several investors have voted east Bangalore to be a top location in Bangalore for investment as it offers individuals a perfect mix of better employment opportunities and also a peaceful living environment. East Bangalore hosts several companies such as ITPL Tech Park, TCS, Volvo, SAP, IBM, etc. for its working population. The main theme for residential properties in east Bangalore is comfortable, classy, and convenient.
A) Whitefield
Whitefield is a location in East Bangalore that provides you with a better or higher standard of living as it has several well-established corporates and residential projects in it. It also has a plethora of options to choose from for investors as it offers several projects in different segments which makes it an ideal location for investment by all classes. Whitefield is also located in Bangalore which is very well connected as it has purple metro rails, train services, and bridges. Some of the Top IT parks in Whitefield include ITPL Tech Park and Bagmane Technology Centre. It also has several recreational destinations such as Phoenix Market city, VR Bengaluru, Forum Shantiniketan, Inorbit Mall, Park Square Mall, etc.
B) Nayandahalli
Nayandahalli is a location that comes with great connectivity through its metro services and better career options due to the presence of top business centers in the region. It is also a promising locality as it is proximate to significant destinations such as Indiranagar.
Bottom Line
Bangalore is one of the most ideal locations for commercial and residential investment due to factors such as better employment, better standard of living, better education, health care, and recreational facilities. The difficult question in investing in Bangalore is where to invest as each and every location in Bangalore are either undergoing rapid development or is developed as it hosts one or more IT giants. Listed above are just a few of the top localities in Bangalore for realty investments.
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Best Places to Invest in Bangalore in 2024 FAQ's:
Some of the best locations to invest in Bangalore includes Hebbal, Yelahanka, electronic city, Whitefield, Sarjapur road, etc.
The real estate market in Bangalore is booming due to the presence of IT giants. They attract a large number of professionals looking for a better job opportunity and a better standard of living. The office space absorption in Bangalore is about 50 sq. ft. This has also led to increasing demand for commercial properties as well.
Yes, it is a good time to invest in Bangalore. The pandemic has led to the reduction in stamp duty, property price, and also the builders providing discounts. Thus it is the right time to invest in Bangalore real estate now.