Five major investment destinations in Bangalore in 2014

Hi Eklavya, There are many good destinations in Bangalore for investment purpose which can be fruitful. But again it depends on what is your budget or pocket size.

BUDGET 2 crores and above:

You can go for off central business district. Areas like Koramangala, Malleshwaram, Indiranagar, Jayanagar, RT Nagar, RMV Extension, Rajajinagar. In this budget you can get good, branded and luxury villas. These areas are witnessing very good demand in the residential real estate market because of the availability of matured socal infrastructure amd limited quality space supply. The area has also seen 17 percent appreciation in the average annual price and four to seven percent rental yeild rate which is very good. It is expected that within next 3 years, this region is expected to witness capital appreciation of 15 to 18 percent per annum.

BUDGET Rs 1 Crore plus:

You can invest in Outer Ring Road (Hebbal to Silk board)/ Marathahalli. It will be better if you are investing on Marathahalli – Sarjapur Stretch the reason why I am telling is that the area is close to Central Business District and around 47 kms from BIAL. Approximately 40 percent of the total IT profession prefer to reside in this stretch as the area is easily assessible. Marathahalli – Sarjapur Stretch has good business hotels and around 5 hotels are planned in this stretch. The potential for IT development is also high in this area.

Marathahalli is totted up as one of the lucrative areas for developers with promising returns. Due to the upcoming residential units in the region and tacking on of the IT zone, the locality has been eyed as one of the potential areas for real estate investment.

The area has seen drastic change is because of the growth of social infrastructure has what lured developers to the locality. In regard to the above statement, the Marathahalli flyover which is fully operational, offers excellent access and connectivity from the locality to key locations of the city. The area is swamped with a number of supermarkets, shopping malls and numerous shops which further gives bonus marks to Marathahalli.

BUDGET less than a crore:

You can go for localities like KR Puram or Whitefield

a) KR Puram: K R Puram is developing slowly and steadily. The area is having so many reputated schools, colleges, hotels and offices. It is well connected to all the other parts of the city. KR Puram also offers affordable housing. The area has a healthy mix of apartment complex, independent plots and gated communities. The six lane old madras road is almost completed and the Byappanahalli Metro Station has also contributed to the fast development of area. Once the metro is operational and PRR is ready the property price will definitely go up.

End-users dominate the residential market of KR Puram whose rents and capital values have witnessed an escalating path. This is due to the reason that the area witnesses good demand for housing units from professionals employed in the nearby IT hubs at ORR and Old Madras Road.

b) Whitefield: Whitefield has become a self-sustaining suburb with residential projects, modern-format retail malls, hotels and other social infrastructure. Whitefield can be easily reached from any part of the city via two stretches in KR Puram and Marathalli. The proposed metro corridor which will be 18 km long and it is expected to get completed by 2017-18. The residential properties in Whitefield is also increasing because of the increasing demand for office and retail space.