An upcoming project in Silk Board by The Advantage Raheja is offering good luxury residential apartments and also it is one of the best option for home buyers to invest in.
The reason why this locality has seen capital appreciation is because of easy connectivity with the rest of the city via the Outer Ring Road, Hebbal flyover and Bellary Road. Moreover, several educational institutes and IT companies are present nearby. The area has seen capital values rise by 13 per cent in the last three months.
East Bangalore has managed to pull itself off into a matured residential market with time. Prominent IT parks, well-disposed demographics, reasonable rate of plots and towering employment opportunities are the key aspects which has given the real estate investments in East Bangalore a significant facelift. If you are investing in Bangalore east then you can expect good return in future.
For value seeking buyers, East Bangalore has singled out as the ideal place for residence since the region has emerged into a micro-market with a wide across retail and residential developments.
Areas in east Bangalore like KR Puram, Old Madras Road, Whitefield and Budhigere are on top of the heap in terms of real estate investment, due to their proximity to city center
South Bangalore is a better residential place to live with good infrastructure like schools, hosptials, markets, Water etc. North Bangalore towards airport is much hyped. There are acres of land vacant between Hebbal flyover to airport.
For better residential infrastructure South Bangalore is better but no offices are there.Growth will not be much as there are no industrial/infra/IT buzz in the south.
I do not agree at all.... North Bangalore was one of the safest and most lucrative residential property investment bets of 2012. Several leading players of Bangalore real estate have focused on areas in North Bangalore including Hebbal, Hennur Road, Thanisandra, Doddaballapur Road, Yelahanka and Jalahalli. Most of the projects range between Rs 40 to 60 lakh catering the mid-segment buyers. There are projects with price tags of Rs 1 crore and above around Hebbal. Areas such as Hebbal and Whitefield witnessed around 7 to 9 percent increase in value appreciation of properties, on a quarter-on-quarter basis.
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Even you can go for E City. The whole electronic city is expected to see an uplift within two years and the apartments close to Electronic City will definitely get good returns. All the malls and multiplexes will also get ready by 2014 near Wipro .Moreover talks are going on for PRR, elevated corridor and metro which will come in late 2017. So better go for E City
I am looking to invest in a project in Hennur main road. Kindly advise how good the returns would be in five years time, keeping in mind the recent economic lows.
Hennur, an area located in the northern part of Bangalore, has been emerging as a popular residential destination. The prime reason for the growing demand for residential real estate in this area is the close proximity to Bangalore international airport at Devanahalli. There was a rise of 9, 12 and 5 percent in property price in Hennur, Hennur main Road and Hennur road respectively
Hennur is not well developed yet and there is a great need of infrastructural developments. However the locality has a bright future prospect. Moreover the government is planning to widen the Hennur Road to four lane highway along with the Cargo road for the International Airport.
Bangalore’s emerging real estate areas, Hebbal and K R Puram, have been listed in the top ten Indian realty destinations in a Knight Frank’s report. In the next five years, the two areas would witness an average price appreciation of 94% and 91% respectively, states an investment advisory and research report put out by global real estate consultants Knight Frank. It will be a good idea to invest in either of the two localities. :) :)
In 2013, North Bangalore will continue to grow, because of the massive potential for capital appreciation. Projects which are under construction on Outer Ring Road will reach completion stage and see increased sales because of the preference for ready-to-occupy projects by users. The IT growth corridor will also impact the real estate market.
The improved infrastructure, developing social infrastructure, planned commercial developments, proximity to the international airport and enhanced connectivity have resulted in north Bangalore grabbing more of the limelight. Availability of land at cheaper rates is one of the main reasons behind luxury projects being launched in North Bangalore. he property rates are lower than other central areas in the city. The properties come in the range of Rs 5,000 to Rs 7,000 per sq ft
I feel North Bangalore is a best option for investment purpose. The key factor for this growth will be infrastructure. When the international airport came to Devanahalli, it brought with it the promise of realty growth for this region.
Demand for plots is also high due to the affordable rates compared to other parts of the city. Both investors as well as end users are driving the demand in the area.
Some of the major developers offering these projects include KT Developers and Promoters, Rashi Developers, Bhoomi Land Developers, Balaji Land Developers and Shirdi Sai Developers among others.
Magadi Road largely consists of plotted developments and villa projects. Plots are available in sizes varying from 1200-2400 sq ft within a wide price range of Rs 950-3,000 per sq ft.