Q: I am planning to invest on residential site in Bangalore and I want to know which localities in the city will fetch me the maximum returns by 2016. Please advice.
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As said ''In investing, what is comfortable is rarely profitable''. Investing in real estate market has plenty of opportunities for making big gains and best option indeed.
If you are investing in residential sites you can go with localities like Jigani, Sarjapur Road, Bannerghatta Road, Electronic City, Devanahalli and Hoskote. All these localities are well developed localities in terms of physical and social infrastructure.
I second you Madhav, but if are talking about good social and physical infrastructure than Mysore Road, Whitefield and Magadi Road can be added in the list of localities you have mentioned above.
Once a backyard of nature, Mysore Road has now transformed into a real estate hotspot, with multiple investment options available for all social classes.
The road converges into Nice Ring Road and aids connectivity to the industrially developed Electronic City and Singasandra, which further meets Hosur Road and provides connectivity to areas like Bommanahalli, BTM Layout, Silk Board, HSR Layout, Koramangala, and Madivala. Mysore Road is seeing rapid growth in the residential sector
Investing in Hoskote can fetch you good returns. Currently, the town is well-connected to Bangalore by buses. The government also inaugurated a BMTC bus depot in the locality recently. The nearest railway stations to the area are Krishnarajapuram and Whitefield railway stations. Further, the town also houses a reputed medical college. And research institute known as the MVJ Medical College & Research center.