10 Best Areas to Invest in Bangalore in 2022
As the IT hub of India, Bangalore has emerged as a desirable location for property investments.
Bangalore
has undergone a transformation from serenity to Silicon Valley, and it is for the better. From
buying plots,
flats or villas this city offers you a wide range of selection for investment.
Investing in villas in North
Bangalore, Jakkur near Manyata Tech Park or Chikkajala near the airport is
prominent now.
Diverse Buyers
With over 2,084 IT companies and home to 743+ MNCs, Bangalore draws people from all over India
for the high
income employment opportunities this city offers. Demand for plots, flats and
villas has
increased as a
result of these high income earning professionals. Buying an apartment or villa
in Bangalore
is a smart
investment for individuals seeking both short-term and long-term stability. Investments in North
bangalore
is gaining attention of NRIs as well as investors from other Indian cities as well.
The Mammoth Growth
Bangalore has experienced an unprecedented growth over the decades socio-economically and
infrastructure-wise. Aside from building the largest infrastructure project in Karnataka with
BIAL ITR, the
city has 103 research and development centres, 47 international schools, well-known IT &
Hardware Parks,
NANO Park, and Namma Metro Line. Government efforts to decongest the city in the recent past
with STRR
roads, metro, development of business centres in peripheral areas such as Devanahalli, airport
region have
attracted investors.
Choosing the Right Area
However, this is a large city with many micro markets. How do you decide the top 10 areas of
Bangalore to
invest? Choosing the right investment opportunity requires careful
consideration. Think
about centrality,
the surrounding neighbourhood, development and the possibility of infrastructure development
when
considering villa investment in emerging areas.
10 Top Investment Areas of Bangalore
-
Yelahanka: As a result of its proximity to Kempegowda International
Airport, yet not too
far away from the city centre, Yelahanka has become one of the most popular areas for buying
property in
Bangalore. There is excellent air, rail, and road connectivity in Yelahanka, which has
attracted a number
of real estate investors. A villa near the airport is convenient for those
who travel
frequently for work.
Airport-proximity neighbourhoods are often convenient to public transportation lines, making
day-to-day
trips even more convenient.
-
Devanahalli: Devanahalli is well connected to other parts of Bangalore via
NH 44 and NH
648. It is a well-developed area today with a host of amenities. A major advantage of this
area is its
proximity to Nandi Hills, natural parks, gardens, and the Fort, making it an excellent
choice for those
seeking a home in the midst of nature. There are a variety of housing options available in
this area,
ranging from luxury apartments to villas. Growing presence of large IT
parks, Software
companies, KIADB
Hardware park is propelling demand for Grade A commercial spaces in this region making
Devanahalli a
popular investment choice for villas and plots. Investors can buy a villa at an apartment
cost around
Chikkajala closer to Prestige tech cloud IT park before airport Toll.
-
Whitefield: On the eastern edge of Bengaluru, Whitefield is a
well-established
residential area and a well-known IT hub. There is nothing better than living in a spacious
home close to
your workplace. Many people prefer villas as they are in the same price range as luxury
apartments, but
offer much more space and amenities. Availability of good investment options in this area is
limited at
reasonable prices owing to the presence of large demand for IT professionals working in the
area. Many
investors from East Bangalore are looking to invest in North Bangalore due to its potential
to grow.
-
Hebbal: Hebbal is considered to be the most prime investment location in
North Bangalore.
It is home to some of the most affluent real estate developers in the city. Lush greenery
and lake, easy
access to Manyata Tech Park, reputable schools, colleges, retail outlets
and malls, with
proximity to the
city’s international airport, makes Hebbal a must-investment area. Brigade magnus, Brigade
Opus, RMZ
Latitude, Century Downtown, RMZ Galleria office spaces, Kirloskar business park are some of
the office
spaces in Hebbal. Ready to move in flats in Hebbal are in high demand as home buyers are
looking for
immediate possession.
-
Electronic City: Southern Bangalore's Electronic City is booming with
residential
infrastructure. It is primarily due to the numerous IT parks that house corporations such as
Dell, HP,
Wipro, Infosys, and BHEL, among others.
-
BTM Layout: South Bengaluru's BTM Layout is a developed neighbourhood
surrounded by
established areas such as HSR Layout and Koramangala. There are a number of low-rise and
mid-rise
apartment complexes, as well as independent villas in the neighbourhood. The sound
infrastructure provided
by the metro rail network and key roads provides a positive investment climate.
-
Kanakapura Road: Its connectivity with key roads like Mysore road and Old
Madras road has
made it a popular choice for investment in Bangalore.
-
Bannerghatta Road: A well-positioned area for property investment in
Bangalore,
Bannerghatta is close to IIM - Bangalore, JP Nagar, and BTM Layout. Due to its proximity to
prominent
neighbourhoods, a buyer will see an increase in value for the investment. An extensive range
of high-rise
apartments as well as independent villas is available for
investment
purposes.
-
Chikkajala: Infosys, Cerner, Collins Aerospace, Sattva commercial space,
Hinduja
Ecopolis, Embassy business park in Kogilu, Prestige Tech Cloud before airport toll are the
few major IT &
Business hubs close to Chikkajala. Increasing connectivity to Chikkajal with the metroline
will lead to
better returns on investments.
-
Sarjapur Road: It is strategically located between Electronic City and HSR
Layout, which
are two of the most prominent IT and business hubs in Bangalore. In recent years, many
luxury apartments
and villas have been developed in and around Sarjapur Road due to the
presence of many IT
firms.
A real estate investment that is well-made is a long-term asset. Bangalore
offers a number of worthwhile
investment opportunities for potential buyers interested in investing in plots,
flats or villas. Modern
apartments and spacious villas can be purchased at an
affordable price if they are purchased in the early
development stage and offer many more benefits.