Thinking to invest in Bangalore? Look for city outskirts

Investing in real estate assets is often conceived as the safest route to higher returns. However, looking for a location to invest which can guarantee maximum returns remains the unsolved challenge. In Bangalore, a centrally situated villa or apartment in a well-to-do locality will be the ideal place to put up, however, questions are often raised for such areas when it comes to investing for better returns. For such a purpose, city outskirts cut out the best deal for an investor, willing to take the plunge and buy properties on Bangalore’s peripheral locations.

The real estate trends in the city, which has been quite unpredictable, have been making news off lately. This statement can further be authenticated by the fact that properties in outskirts yield much better returns, in comparison to investments in the city center. In support to this, the long-term investors have already reaped huge benefits, by sowing the seeds of investment in city outskirt assets. As per experts, properties in the outskirts of Bangalore have been doing well on account of 2D’s- demand and development.

Demand

Riding on the back of considerable development, the city outskirts have cropped up on the radar of the investors in the city. To reap good benefits, a property needs the premium tag-location.
A property with good location and easy access to city centers and highways, ranks in the list of preferred location of the buyers.Example- Mysore road and Chandrapur Anekal belt.

In contrast to common belief, good location does not just simplify imply the presence of malls or hospitals, but the property should be strategically positioned to be at a close distance to other crucial amenities like the IT hub and airport amongst others. The property should offer trouble-free commute to the owner and hence require in-depth analysis of the location before splurging the investment.

Development

Development has been the pillar behind the decision of the property investors in Bangalore outskirts. Say for instance, a property on the city outskirts with minimum amenities and limited accessibility, located at a considerable distance from the city center but has infrastructural potential of malls , schools and hospitals may have a depreciated price while buying. However, the same property during a sell-off will quote for an increased value on account of the surrounding development.

For instance, Sarjapur Road had plots selling at Rs 200 per sq ft around a decade ago, since it was considered the outer limits of the urban sprawl and not a Central Business District. However, things have taken a U-turn now where the present value of plots in Sarjapur area has appreciated 10 times now.