Know the 10 Fastest Developing Areas in Bangalore!
Bangalore, the capital city of Karnataka, also known as “Silicon Valley of India’, offers the best of both worlds. Along with pleasant climate throughout the year, the Bangalore investment is witnessing its utmost peak. Lucrative job opportunities in the big companies like Infosys, Wipro, TCS, Accenture, and research companies like ISRO, National Aerospace, CMMACS are the attractive reasons for establishing a variety of accommodation in the city.
Although the city has a competitive cost of living compared to other metro cities, there are more reasons to love this city and become a Banglorean!
List of top 10 fastest developing areas in Bangalore –
1. Whitefield
Whitefield is surrounded by the Indian technology industry with the presence of many IT parks and tech firms. This increases the demand from employees who prefer to stay within the proximity of workplaces. The region offers flexible connectivity through nodes like Whitefield Railway Station and Kadugodi Metro Station. Due to heavily situated industrial complexes, the area suffers frequent traffic jams during peak hours. If you are looking for properties for investment in Bangalore, then start your search from Whitefield.
Types of accommodation | Properties Type |
---|---|
Average Rent | For apartments-INR 16500-INR85000
For independent villas-INR 45,000-1.182L |
Average price of buying | Apartment-65L-1.93 Cr
Open plot- INR 35L-6.50 Cr |
Proximity | Brigade Tech Park, Mind Comp Tech Park, International Tech Park, Whitefield railway station, Kadugodi Metro Station. |
If you are hunting for the best property to buy in Bangalore, then end your search at Sarjapur Road! It offers a premium-housing belt with Whitefield, Marathahalli, and Electronic City in the vicinity. The region is well-connected to other regions of the city through easy commute options. With the strategic location, there is always high demand for residence within the region.
Types of accommodation | Properties Type |
---|---|
Average Rent | For apartments-INR 15000 – INR45000
For independent villas-INR 40,000-1.02L |
Average price of buying | Apartment-55L-87.52L
Open plot- INR 33L-4.69 Cr |
Proximity | Mysore Road Metro Station, Outer Ring Road, SEZ companies. |
3. Indira Nagar
Indira Nagar is one of the best places to live in Bangalore city. Situated at the heart of the city, Indira Nagar balances the greenspaces and modern infrastructure. Many renowned schools and colleges are located in the area; the place is one of the hottest destinations for real estate investments. Area enjoys wealthy neighbours and cosmopolitan culture. Indira Nagar shows affirmative bearing on its residential demand. Residents can easily commute through two metro stations.
Types of accommodation | Properties Type |
---|---|
Average Rent | For apartments-INR 1500-INR30000
For independent villas-INR 45,000-65000 |
Average price of buying | Apartment-17 Lakh- 1.5 Cr
Open plot- INR 2.1Cr-6.24 Cr |
Proximity | Indira Nagar Metro Station, KR Puram Railway Station, Bagmane Tech Parks |
4. Hennur
Hennur is one of the luxurious localities situated in the northern part of Bangalore. Here you will have the lively vibes, bustling with culture and enjoyment. The strategic location, ample amenities, excellent infrastructure, thriving community, and green spaces makes Hennur the best place to invest in Bangalore. Go through our listing for more property options in Hennur.
Types of accommodation | Properties Type |
---|---|
Average Rent | For apartments-INR 10000-INR 27000
For independent villas-INR 20,000-50000 |
Average price of buying | Apartment-30 Lakh- 90 Lakh.
Open plot- INR 90 L-1.5 Cr. |
Proximity | Manyata tech park and Kirloskar Business Park |
5. Yelahanka
Yelahanka is best known as a place of weavers. It offers a good locality with good connectivity to amenities like schools, market, banks, shopping malls, and markets. The northern part of the city is now emerging as one of the new developing areas in Bangalore. The region hosts shopping malls, green landscapes, institutes, hospitals, and various options for residence.
Types of accommodation | Properties Type |
---|---|
Average Rent | For apartments-INR 11000-INR 25000
For independent villas-INR 80000-1.45L |
Average price of buying | Apartment-45 Lakh- 1.25 Cr.
Open plot- INR 45 L-2.24 Cr. |
Proximity | Bangalore Airport, Yelahanka Railyway Station, Kirloskar Business Park |
6. KR Puram
KR Puram or Krishnarajapura is an eastern neighbourhood of Bangalore is one of the upcoming areas in Bangalore. The region offers a blend of apartments and independent villas. The area offers relatively affordable residential options. Several builders are launching their new projects in KR Puram.
Types of accommodation | Properties Type |
---|---|
Average Rent | For apartments-INR 8000-INR 55000
For independent villas-INR 51,000-1.2 L |
Average price of buying | Apartment-60 Lakh- 1.25 Cr.
Open plot- INR 80 L-1.25 Cr. |
Proximity | Devasandra Industrial Estate, Whitefield IT Hub |
Electronic city is situated at the southern part of the city and is one of the favourite destinations to live in Bangalore. The IT hub is explicitly developed for establishing the electronic industry. You can find almost all leading companies like TCS, Wipro, Tech Mahindra in the vicinity. The region offers ample career opportunities and leaves scope for high-demand accommodation. This leads to considering this place for the best properties in Bangalore.
Types of accommodation | Properties Type |
---|---|
Average Rent | For apartments-INR 23700-INR85000
For independent villas-INR 18,000-45000 |
Average price of buying | Apartment-30 Lakh- 97 Lakh.
Open plot- INR 30 L-1.98 Cr. |
Proximity | IIIT Bangalore, Symbiosis, International Tech Park, Bagmane tech Park, Manyata Tech Park, Wipro EC Bus Stand, Hebbagodi Metro Station, Bommasandra Metro Station |
8. Yeshwanthpur
Yeshwanthpur is located in the north western part of Bangalore. It has good connectivity to amenities like schools, colleges, banks, and markets. One can see a mix of modern and traditional architectural style in buildings. It is the transport hub and is coming up as the most developing area in Bangalore with a combination of residential, commercial, and restaurants integration.
Types of accommodation | Properties Type |
---|---|
Average Rent | For apartments-INR 11000-INR 25000
For independent villas-INR 20,000-68000 |
Average price of buying | Apartment-25 Lakh- 86 Lakh.
Open plot- INR 1.12-1.5 Cr. |
Proximity | ISKCON temple, Yeshwanthpur Metro Station, Orion Mall |
9. Kadugodi
Kadugodi is one of the ancient areas founded over 1000 years ago by the Chola dynasty. The area is now considered as one of the fastest developing areas in Bangalore. Surrounded by spiritual ashrams and temples, the eastern part of Bangalore is now attracting many big builders and developers to launch their projects.
Types of accommodation | Properties Type |
---|---|
Average Rent | For apartments-INR 11000-INR 25000
For independent villas-INR 20,000-68000 |
Average price of buying | Apartment-25 Lakh- 86 Lakh.
Open plot- INR 1.12-1.5 Cr. |
Proximity | Kadugodi Metro Station and Kengeri-KSR Bangalore-Whitefield Rail Corridor |
10. Koramangala
It is the southeastern neighbourhood of Bangalore, famous for its bustling food scene and vibrant nightlife. It is one of the safest places to live in Bangalore and thus is emerging as a hotspot for real estate investments. One can see the influx of the investments pouring in the real estate and infrastructural developments in this area. The strategic location offers the benefits of living in a premium residential area while being nearby to commercial zones.
Types of accommodation | Properties Type |
---|---|
Average Rent | For apartments-INR 15500-INR 35000
For independent villas-INR 1 Lakh- 1.5 L |
Average price of buying | 1BHK-30 Lakh- 4 Cr.
Open plot- INR 10-15 Cr. |
Proximity | Electronic City and HSR Layout |
Conclusion
The emerging IT boom is said to continue in coming years and thus, the IT capital of India is set to become the youngster’s city of India. With a wide landscape of industries and shining job opportunities, Bangalore investment in real estate is expected to show a rise of 5-12%. With all leading builders having already shown a keen interest in infrastructural development of the city, home buyers are on cloud nine with the plethora of projects- Villas, 1-4 BHK apartments, and open plots. Explore our site to get notified with the best property to invest in Bangalore!