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How to choose a location while buying property?

Q: I want to know how important role does location play while buying a property for end use or investment purpose.

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Replies (5)
1
HSR layout, HSR is situated in such a place in Bangalore where it has connectivity to the most of the prime areas of Bangalore like Koramangala, BTM, Jayanagar, White Field, Electronic City. HSR is also in the list of most profitable addresses for real estate investors.

Electronic City has emerged as a residential hub due to proximity of the companies and improved infrastructure. It is becoming one of the best location to invest in properties in Bangalore and also offers both premium and affordable apartments.

White Field, after the announcement of Metro in Bangalore, the demand for both commercial and real estate has increased. There is an availability of wide range of choices to invest in White Field with the good amount of returns.

Pebble Bay, is a wonderful creation by The Advantage Raheja is soon to be emerged at Central Silk Board is really a good option to invest in. The lush green apartment is equipped with a lot of amenities and modern facilities.
sakshi Jaiswal


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Can you let me know which are the Top 10 Localities to Live in Bangalore?
amrendra.k


Indira Nagar: Indira Nagar is a Commercial hub as well as Residential space which is strategically located in Central of Bangalore. It is the best and top most region to reside in out of 20 regions as per the DNA-IMRS survey of Bangalore’s Best Localities. The region is blooming up day by day and is a high value area. Hence, the real estate prices are rising steeply. The locality in and around CMH Road and 100 feet Road are booming commercially. Highly reputed builders are investing in the projects of this region as the benefits are notably high. So, it is a wise choice to invest in the region.

Marathahalli: The locality is a residential, commercial as well as an industrial hotspot of Bengaluru. It is one of the earliest developed localities in Bengaluru. High demand for residential apartments in Marathahalli has led to an increase in the overall supply and thus unplanned water usage. As a result, water level has depleted and there is acute water shortage here.
Murali Krishnan,  Bangalore
2nd December 2015


Malleswaram: Malleshwaram is one of the oldest localities situated in north western part of Bangalore. As it is a part of old Bangalore, many residents of Bangalore occupy this part of the city. However, as it is far from busy city life, real estate sector is witnessing an upward trend in this area.

Koramangala: Undeniably Bangalore’s most popular locality, Koramangala continues to thrive and is a highly sought-after area. Koramangala is proving to be a logistical goldmine, with many of India's leading e-commerce companies (Flipkart, Myntra) having their main offices in this locality. This sudden boom of companies adds to Koramangala's mounting growth commercially and economically.
Renovation of the Koramangala Traffic and Transit Management Centre (TTMC) is currently in talks. If successful, it will prove to be a haven for BMTC bus travelers, assuring safe and organised intra-city travelling. This will increase Koramangala’s connectivity to other parts of the city.
Murali Krishnan,  Bangalore
2nd December 2015


Hebbal: The localities along the Outer Ring Road, especially the stretch between Hebbal and Silk Board, are seeing a tremendous increase in demand for housing and office space. The commercial market is especially on the rise, considering the availability of so many potential workspace pockets in the area. A number of residential projects are also under construction to accommodate the housing needs of people moving in from other cities and localities.

Jayanagar:Jayanagar's residential market is witnessing a definite shift from independent houses to apartments. Back in the day, Jayanagar was predominantly occupied by families who preferred to buy plots and construct homes on them or purchase independent houses. But in the recent times, the number of apartments in the locality have been on the rise. Young IT aspirants who work in the IT hubs nearby have mostly preferred apartments over houses. Another key reason for popularity of apartments in Jayanagar is lack of plotted development.
Pratap,  Bangalore
2nd December 2015


Ulsoor: Ulsoor is located at the heart of Bangalore city. The investment in this area is liable to be fruitful and turn out as smart money. Ulsoor is a preferred locality for residence option and rent purposes. Many real estate developers are coming up with both residential and commercial establishments in this area.

Whitefield: Whitefield is one of the most prominent IT hubs in the state of Karnataka for a long time now. Several developers and builders of Bangalore have invested in Whitefield, boasting of big, spacious and world-class apartments. It boasts of zero pollution, good connectivity and efficient proximity to workplaces, which makes it an ideal option for investment. Presently one of the most sought-after localities, this suburb enjoys excellent connectivity to other parts of the city via metro.
Harsha Mahipal ,  Bangalore
3rd December 2015


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From CEOs of multinational companies, business owners and families, to students Whitefield houses a wide cross-section of people. Due to globalization, more foreign nationals are calling Whitefield home as Bangalore lives up to its name of being the silicon valley of India. Whitefield, the once picturesque suburb of Bangalore, is today a residential location for many expatriates, according to recent media reports.

Most of the expat community in Bangalore live around Whitefield area for easier access to the work place, schools, specialty healthcare and gourmet food culture. Whitefield has around six international schools offering American, British and International Baccalaureate curriculum, with childcare facilities that meet international standards. Explore the possibilities of living close to Whitefield. Our maiden project, Fortius Waterscape is just 4.5km from Whitefield.
Soorya


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What is a good bet if I am planning for a long term invest, apartment or land?
amrendra.k


I would suggest you to go for land, if you are looking for an long term investment, as land always appreciate whereas apartments appreciate on the land where they are built.
Krupa Vasavaraj,  Bangalore
24th November 2015


Now-a-days investor planning to buy an approved land will have to go to the city outskirts. Buying land on the outskirts gives good price appreciation and a buyer gets the property at an affordable price. One should look at purchasing plots in an emerging areas and the investment should be a long-term investment of more than five years.
Niketan Verma,  Bangalore
24th November 2015


5
Whether you are buying a property for end use purpose or for investment purpose,location plays an important role along with the facilities in the vicinity, budget, and kind of property, with amenities, to go in for.
Indrajit Kaul


I second you Indrajit, The appreciation value of your property whether it is an apartment or a plot of land depends on the location, the availability of basic amenities and facilities near by and good infrastructure.
Niketan Verma,  Bangalore
24th November 2015


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