Bangalore is India’s IT hub, and so the job opportunities are countless. Apart from that, the weather is genuinely awesome, and being a metropolitan it is one of the best prospects for real-estate investment.
In addition, the property value appreciation rate, since Bangalore is a metropolitan, is very high which ensures high ROI. Most articles and blogs have said this countless number of times. But, no one talks about the lesser known yet significant advantages of buying a property in Bangalore.
So, today let us talk about the lesser known advantages of buying an apartment in Bangalore.
1. Multicultural experience: Multicultural experience: Since the IT sector of Bangalore attracts a lot of people from all parts of India, the neighborhood in an apartment can vary. You can enjoy a multi-cultural experience in the same area.
2. Best for Startups: If you hold dreams of becoming an entrepreneur, your probabilities of finding like minded people and a favourable environment to ensure higher chances of success is with Bangalore. As per recent reports by StartupBlink, Bangalore is the 11th best city in the world for startup, and probably the 1st in India.
That said, funding will still be a problem even though a lot of angel investors reside in Bangalore. In such circumstances, having a 2BHK apartment in Bangalore which can be used as a collateral would help you secure funds and prove your mettle.
Bottom line: Real-estate investment in Bangalore is anyway a good idea but the final decision is completely yours to take.