Bangalore, also popularly known as the Garden City, has been an all-time favorite for real estate investors. It attracts a large amount of HNI (High Networth Individuals) and NRI (Non Resident Indians) investment in the real estate industry each year, and all because of some very good reasons. The city is growing and expanding each day, and the property developers are doing the best they can to harness its vast potential. If you’re someone who is also looking to purchase property in Bangalore or some hot property in Bangalore, following is a roundup of five of the most sought after locations in Bangalore you must look at:
Anyone looking for flats for sale in Whitefield should know a bit about its background. It was a quaint little settlement of Eurasians which remained that way until the turn of the millennium when the IT revolution of Bangalore transformed Whitefield into a major suburb. Today, properties in Whitefield sell like hotcakes and the location is one of the most sought after in the entire country. What also sets it apart is that it’s very well connected to the other areas of the Bangalore through ‘Namma Metro.’
It’s particularly well-known in the investment circles for its new-age residential apartments and lush greenery. Popular Bangalore schools such as the International School, the Deen’s Academy and many more are situated in Whitefield. Zero pollution, world-class apartments, amazing connectivity and proximity to workplace have turned Whitefield into an eternally hot real estate destination in Bangalore.
Situated in the suburbs of Bangalore, around 25 km towards the south-east of the city, Sarjapur Road is one area that continues to see plenty of real estate action despite the other southern and eastern Bangalore areas getting saturated over time. Why Sarjapur Road is considered a hot real estate destination is because of its proximity to the important IT clusters, with IT giants like Infosys and Wipro contributing to its popularity. Please note, if you’re looking to buy flats in Sarjapur Road, you might have to pay a good premium for them. It’s one of the most promising and upcoming IT hubs in Bangalore, and investing into property here may prove to be a very wise decision in the future.
The erstwhile Anekal Road, now known as Bannerghatta Road got its name from the nearby-situated Bannerghatta National Park. This place has been attracting a lot of real estate business owing to the advent of IT companies in the region. The place already serves as a hub for several high-end residential apartment projects, and is witnessing continuous real estate development owing to high demand in the market.
The houses you get to see in Bannerghatta Road can be compared to some of the most prominent and biggest housing complexes in the entire Bangalore. The place is congestion-free and has a good number of shopping areas, medical facilities and IT zones.
Situated on the outskirts of Bangalore, Electronics City is the biggest industrial technology hub in Bangalore, which houses around 300 companies in total and a huge workforce that powers them. Considering the number of companies that operate from this place, everyone’s interested in buying a home here. After all, it’s much easier to live and work at the same place!
The elevated expressway constructed recently has played a major role in reducing the traffic congestion in this area, leading to a new-found interest among the property developers and property buyers.
On the whole, the above-detailed four locations are a must-look for anyone wanting to buy property or investment-worthy flats in Bangalore.