North Bangalore vs East Bangalore

Q: Every body says that it is a good idea to buy a property in North Bangalore for investment purpose. I want to know how is east Bangalore, if I am investing. Can I expect good returns?

Bhargav Dev, Bangalore

19th December 2013

Locality Review in Bangalore

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Replies (9)

Launches of affordable housing are more compared to East Bangalore because of the development happening in the north zone suburbs due to availability of land parcels at lower acquisition costs

Hardik, Bangalore

9th October 2014

Comment

Thanisandra Main Road is one of the upcoming localities in Bangalore. There are various reasons why this locality is bound to flourish, one of it is - it will be developed to be the alternate route to Bengaluru International Airport. Hence good price hikes in the coming year or so, and proximity to everything in and around the area.

Sharan Shroff, Bangalore

5th June 2014

Comment

Hello Everyone If anyone looking for Pre launch and Launch projects in and around Hebbal, Jakkur, Yelahanka and Outer Ring Road.

20th December 2013

Comment

I have invested in North Bangalore and I am happy so I will say that it is better to go with North Bangalore. The key benefits for residential catchments because of such infrastructure projects is improved connectivity. To add to it, investors can ensured of better price appreciation in a short span of time. At present, the price per sq ft for a multistorey apartment in North Bangalore ranges between Rs 4500 to Rs 5300. According to property consultants, capital appreciation in the region ranges between 15-18 percent annually. Rental returns will boost up when economic activity grows in terms of industries and office spaces.

Himani,

19th December 2013

Comment

The real estate market in East Bangalore is booming. Areas like Whitefield, KR Puram, Outer Ring Road and Brookefield are good for investment purpose and you can definitely expect good returns in the coming years.

Dwarkesh,

19th December 2013

Thank you for your suggestion. How about the other areas in North Bnagalore?

Bhargav Dev, Bangalore

19th December 2013

Comment

Areas like Thanisandra has seen successful launches and increased demand in the residential real estate sector.
# Hennur is also emerging as a hot residential destination. There was a rise of nine percent in property price in Hennur this quarter and now the prices of properties in Hennur ranges in between Rs 3,500 to Rs 4,000 per sq ft. The area has witnessed a higher supply of premium projects with price ranging from Rs 80 lakh to Rs 1 crore. The property prices are also expected to go up by 15 to 20 percent in the next one year.
# Nagawara in North Bangalore is first developing as a one-stop destination for property buyers. The area is becoming popular as it is close to many schools, IT companies and hospitals. Presently, the sale price of multi-storey apartments in Nagawara has increased by 10 lakhs. The area is peaceful with good security measures and is well connected and has ample parking space. Nagawara is becoming popular as an IT hub and is also attracting IT professionals.

Dhiraj,

19th December 2013

My suggestion is to invest in Hebbal as the area has seen approximately 20 to 30 percent appreciation in property values in this year.

Saran,

19th December 2013

Comment

Old Madras is the most happening and much talked about area of east Bangalore has gained significant prominence among the homebuyers due to enhanced connectivity and improved retailing scenario. It is profitable to invest as the area is well connected and you can get apartments and properties at an affortable rates. As the area is close to IT hubs and business district, it is expected that the property price will increase and good returns can be expected in 3- 4years.

Dhiraj,

19th December 2013

The planned Metro line to Whitefield, improving of the Old Madras Roads connecting to Hoskote and the signal-free ORR have triggered the demand for affordable housing units in the east, considerably. In the last few years, the eastern counterpart of Bangalore has transformed itself into a bustling cosmopolitan region with all the self-sufficient means. With a slew of social and physical infrastructure projects that made strides with connectivity and accessibility, the peripheral areas in the east are encountering an increase in budget housing options. You can expect good appreciation in 4 to 5 years.

Dwarkesh,

19th December 2013

Comment

The easy access to the Outer Ring Road puts North Bangalore in close contact with the rest of the city too. The region is also well connected to Old Madras road and Sarjapur Road. North Bangalore is slowly showing signs of emerging as the next IT Hub. North Bangalore will continue to look attractive for commercial real estate also. The IT growth corridor will also impact the real estate market. I will advice you to invest in North Bangalore as the area is already developed and you can see the appreciation much faster than East Bangalore

Rituraj,

19th December 2013

I think investing in North Bangalore is worth and safe. In 2012, the best performing areas in Bangalore were Hebbal, Sahakar Nagar and RT Nagar in North Bangalore. These locations have seen the highest demand and appreciation during the year. In 2013, North Bangalore continued 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.

Saran,

19th December 2013

Comment

Hi, East Bangalore is a good option for investment purpose. 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. 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.

Dwarkesh,

19th December 2013

Comment

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.

Rituraj,

19th December 2013

Areas preferred by home buyers are Devanahalli, Banaswadi, Hennur Road, Doddabalapur Road, Peenya and Thanisandra Road are witnessing a high scale real estate development in the North Zone and attracting many reputed developers to launch their new affordable projects.

Jignesh Kumar, Bangalore

9th October 2014