Best Places to Buy a Plot in Bangalore | Prime Localities for Investment
Bangalore has a thriving real estate market that offers investors a wide range of options. From luxury villas to apartments, there are numerous options in which people can make investments in Bangalore. One such real estate investment option is plots and lands that are highly lucrative because of capital appreciation. Over the years, IT parks, social development infrastructure, major road & highway connectivity, and the ambient climate of Bangalore have boosted the real estate market. Do you also want to make an investment and buy a plot in Bangalore? Looking for the best layouts in Bangalore that will be a lucrative option for you?
Whether you’re seeking capital appreciation or want to build a home of your dreams, there’s a perfect plot for you.
Let’s read this blog that explores the best places in Bangalore where you can buy land. Also, know what the location advantages of the locality are before you invest there:
1. Sarjapur-Best plots in Bangalore
Sarjapur is a popular locality in Bangalore where people are investing in real estate. Due to its convenient location and proximity to IT Parks, it has been gaining popularity for investing in plots.
The location has a well-developed infrastructure and a large number of IT companies. Along with this, it has good connectivity to other areas of the city. This is why it has become a popular choice for professionals working in the IT industry.
Average plot price in Sarjapur Road | 2500 sq. ft- 6,500 sq. ft |
Key features of the locality
- A hub for a variety of IT companies and financial markets
- The locality has received approval of the Peripheral Ring Road (PRR) from the central government. It will link the northern and southern neighborhoods of Bangalore.
- Availability of various housing choices such as plots, independent homes, villas, and flats. So, it is easily accessible to people of all age groups, socioeconomic backgrounds and culture.
2. Malleshwaram– top locality to buy land in Bangalore
This locality is the oldest and best-planned neighborhood that is located in Northwest Bangalore. There are a large number of educational institutions and shopping centers, so many land buyers are considering this locality a great place to live for families. Over time, Malleshwaram has seen various developments and transformed into the best place to invest in Bangalore.
Average plot price in Malleshwaram | Rs. 7031 /sq.ft |
Key features of Malleshwaram
- Proximity to various educational institutions such as MLA College, and Cluny Convent.
- Nearby amenities include Malleswaram Market, Mantri Square Mall, and World Trade Center
- Locality houses various hospitals and other medical facilities including Columbia Asia Referral Hospital and Medinova Centre.
- Very close to the Kempegowda International Airport
3. Tumkur– Offers affordable plots in Bangalore
Tumkur is an affordable location where you can buy the best plots in Bangalore. Located in west Bangalore, it offers an exciting world of real estate investment opportunities. This is an industrial hub that makes it one of the best localities for buying land in Bangalore.
Two of the most prominent industries of this locality are agro-based and electronic manufacturing. It is also a religious tourist destination that has aided this location in a developed tourism area. Due to these factors, Tumkur has become a desirable location for residential property investments.
Average plot price in Tumkur | Rs. 3000 /sq.ft |
Key features of the Tumkur locality
- Nearby popular localities are Sira Road, Kayathsandra, Gulur, and Kyasandra.
- Easy to travel to the airport and other important areas via the Peripheral Ring Road.
- Good locality for long-term investors as Tumkur Road is a good entry point.
- Has affordable land prices with developing infrastructure.
4. Whitefield– Top area for plot investment in Bangalore
Whitefield, the best area in Bangalore to purchase residential plots, is home to several IT companies. The affordable prices of real estate in the neighborhood attract buyers and investors to invest in plots. If you want to buy a plot in a city like Bangalore, Whitefield could be the best locality that can bring huge profits in the future.
Several reputed plot developers in Bangalore are offering a profitable deal to the land buyers. This neighborhood is thriving because of the presence of both startups and well-known IT giants.
Average plot price in Whitefield | Rs. 6920 /sq.ft |
Key features
- Travel will be easier because of the Purple Line of Namma Metro Phase 2.
- Availability of South Western Railways from Majestic and Ramanagaram to Whitefield in the mornings.
- Because of growing accessibility, Whitefield represents an excellent investment opportunity.
5. HSR Layout- the best place to invest in Bangalore
Bangalore’s HSR Layout is a popular neighborhood that is expanding quickly and gaining real estate growth. This is the best location in Bangalore to buy plots because of its strategic location and excellent social infrastructure development.
HSR Layout is the prime area for investing in land because of its convenient location. This area also has several IT companies, well-developed infrastructure, and strong connectivity. Because of the friendly location, many people working in the IT industries call HSR Layout their home.
Average plot price in HSR Layout | Rs. 13, 920 /sq.ft |
- Ideally situated in the center of the city
- Offers numerous real estate possibilities for affordable plots and lands
- Metro stations such as Jayanagar and Indiranagar make the HSR Layout easier to travel, especially for working professionals.
6. Yelahanka– Developing locality to buy a plot in Bangalore
Yelahanka is one of the fastest developing areas in Bangalore and is located in North Bangalore. Real estate growth in this locality is because of the aerospace sector, the Air Force station and the upcoming metro link.
Real estate prices of plots in Yelahanka are comparatively lower than other major areas such as Whitefield, and Koramangala. Yelahanka also has a range of housing options, including villas and apartments.
Average plot price in Yelahanka | Rs. 2600-3600/sq.ft |
Key features of Yelahanka locality
- The government planned a satellite township near Yelahanka, which will boost the location’s growth.
- IT companies in the nearby areas making more people settle in Yelahanka.
- Connectivity to major roads and railway stations
Conclusion
The real estate market of Bangalore is booming for plot buyers. With the city’s rapid expansion and the presence of reputed plot developers, it’s time to explore the best locality to invest in India’s tech capital. Check these localities that are witnessing the best-plotted development in Bangalore.