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Why investing in Bangalore Real Estate is a wise decision?
Posted: Aug 02, 2021
Bangalore has seen a lot of migration lately from all over the country. This has happened as theIT sector has grown and expanded. In every sphere, the city has grown by leaps and bounds inthe last decade. Along with this, real estate in Bangalore has seen a booming stage and thetrend will continue to next decades as well.It is without a doubt one of the most advanced cities in terms of financial and industrialdevelopment. The top real estate companies in Bangalore are experiencing a period ofgrowth due to increased investment.Let's take a look at the top five reasons why Bangalore is a great place to invest in real estate.India's IT capitalBangalore is home to a number of IT parks that attract young people from all over the country.In addition, many major and innovative startup companies have emerged in this city. As a result,the construction of high-end, opulent residential projects has increased. For millions of youngpeople, investing in Bangalore properties is an obvious choice.The real estate market's steady expansionIn the long run, the real estate market in Bangalore has managed to remain stable whilegenerating enormous profits for homeowners. In terms of global trade and local startups, the citycontinues to expand and grow. As a result, those considering real estate investments will neverbe disappointed.Excellent investment returnsMNCs, high-profile media agencies, and other working sectors abound in areas like Hebbal,Indira Nagar, Narasapura, Hennur, Yelahanka, and Whitefield. As a result, these areas have aplethora of deluxe apartments and beautiful villas, making them an excellent investmentopportunity in Bangalore. Due to the periodic appreciation of residential property in Bangalore,the market value of the real estate will always be high.Tax advantagesIndividuals in Bangalore can claim tax deductions on home loans against investment. Workingprofessionals who want to buy their dream home will benefit greatly from this. Anotherinteresting fact is that while rents will always rise over time, your monthly loan payments will not.When compared to stocks, bonds, and mutual funds, the risks associated with real estateinvestment are significantly lower.The metropolis with the fastest growth rate
Bangalore is India's fourth-richest city. It has become one of the most happening cities in thecountry due to its exciting nightlife, a plethora of entertainment options, tourist attractions on theoutskirts, and a lavish way of life in general. Executives enjoy generous pay packages andhappily partake in the city's attractions. These enticing incentives encourage residentialinvestment.Top places to invest in Bangalore:DevanahalliThe city's international airport boosted real estate development in Devanahalli, one of the year'smost important real estate markets. It has sparked the development of affordable housing in thearea, making purchases more affordable than in other parts of the city. Currently, the region hasa slew of high-rise buildings, resulting in improved connectivity and accessibility in the form offlyovers and planned road-maps.The fact that it is close to the airport adds to its convenience. Furthermore, Devanahalli'sundulating lush greens, lakes, and serenity add to the area's appeal, attracting a diverse rangeof buyers.HSR Layout and neighboring areasBy investing in HSR Layout, popular destinations such as Koramangala become moreaccessible. Hosur-Sarjapur Road Layout is a rapidly growing residential area with well-keptinfrastructure, schools, hospitals, and a diverse range of entertainment options.With well-planned flyovers and a well-designed metro system, this location has excellentconnectivity. There are numerous recreational opportunities in the area. This location appeals tobuyers because it is home to several parks and lakes, including Agara Lake.Sarjapur RoadThe south-eastern outskirts of Bangalore attract a slew of investors and IT firms looking for mid-priced land. As a result, IT professionals and young employees find affordable ready-to-moveproperties in Sarjapur. These are perfect for people looking for housing near their workplacewho have been drawn to the area. This commercially viable area has a large tract of land thatcould be converted into multiple housing units.Bellandur, near Sarjapur, has affordable housing and is close to major corporations, making it aviable option for working professionals. Chikkanagamangala is a thriving neighborhood nearSarjapur with low property prices. These areas have recreational centers, pools, lakes,clubhouses, and gymnasiums, in addition to good infrastructure and connectivity, making theman appealing option for everyone.Electronic CityWhitefield, which is close to Electronic City, is another popular choice for real estate investorsand homebuyers. Budigere and Varthur, two areas near Whitefield that have recently emerged
as new investment-prone locations, have been established as the corporate hub of EastBangalore.The area, which has a thriving startup ecosystem, is now emerging as Bangalore's IT hub.Several projects have already begun in this area, opening up residential properties for futureinvestment. To get around traffic jams, metro and train services are readily available.Apart from its accessibility, Whitefield has retained the charm of old Bangalore. The quietcorners of this region, with their beautiful structures, flowered pavements, and solitary alleys,attract a large number of buyers who want to settle down amidst the remnants of oldBangalore's beauty.The bottom lineInternational investors prefer to invest in Bengaluru because the city provides lucrative returnswhile also providing favorable government policies to the investors. Bangalore has alsodeveloped and implemented a number of policies aimed solely at attracting foreign investment,giving it a competitive advantage over other Indian cities, thereby making it a preferred hub forthe real estate companies in Bangalore to thrive upward.
Our story as one of the top builders in Bengaluru is not about concrete apartments with plush interiors. It’s about changing the experience of consumers in real estate to a new definition altogether.