Bangalore Real Estate market is one of the best to invest upon. Bangalore has witnessed a stable market that has increased the capital value. Some of the localities in Bangalore that will offer you the maximum returns are 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 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. Pebble Bay currently under pre launch, located in the Koramangala HSR area between the Silk Board junction and HSR Layout, on the Outer Ring Road is one of The best project to invest in.
Electronic City: Electronic City lies in the southernmost outskirts of Bengaluru. Phase I lies right next to the Hosur Road, sandwiched between Phase II on its east and Phase III on its west. It consists mostly of retail hubs of electronic goods and services, with large land parcels dedicated to IT-SEZs. The development has been so extensive that the IT industry in Electronic City Phase I is completely saturated.
One look at the residential market of Electronic City Phase I and it seems like the area has been developed over a long period. The market is dominated by apartment buildings that have come up in the recent past, followed by individual houses and villas, and residential plots in Electronic City Phase I. But the property prices here are much lower than elsewhere in the city, mostly because of the comparatively low demand and its location on the outskirts of Bengaluru.
Sarjapur Road: Sarjapur is flanked by Sarjapura-Attibele Road on its west. The locality also enjoys brisk civic infrastructure. It enjoys swift water and electricity supply, facilitated by the Bangalore Water Supply and Sewerage Board (BWSSB) and Bangalore Electricity Supply Company (BESCOM).
The development of several residential projects in Sarjapur has led to an increase in property prices in the area. The coming years will also see a strong demand for office spaces in the area, which would result in the increase in rental prices in this locality.
HSR Layout: HSR Layout’s close proximity to areas such as Electronic City, Whitefield, Koramangala, and Jayanagar make it one of the more desired residential and commercial market in Bangalore, especially among young working professionals. This area is dotted with suitable residences to accommodate this segment of consumers, ranging from Paying Guest accommodations to the ever-popular one and two bedroom apartments.
HSR Layout has witnessed one of the most robust growth and higher-price trajectory patterns in comparison to other areas in the city over the past few years, due to its great connectivity and advantageous location.
My rating would be :
1.Indiranagar
2.Whitefield
3.Koramangala
4.Airport Road
The order is so because of the amenities and closer proximity to the workplace.
Also, there are good residential projects in these areas.
Banashankari: Banashankari stretches from Mysore Road to Kanakapura Road and surrounded by Jayanagar & J.P Nagar in the East, Girinagar & Rajarajeshwari Nagar in the West, Basavangudi in the North and Padmanabhangar, Kumaraswamy Layput & Uttarahalli in the South. The region is well developed and is easily accessible from the major destinations of the city. It is connected by the Road ways and recently the Metro line linking the prime localities is being constructed. It is barely 8.1 km from Kempegowda Bus Station (Majestic Station) and 7.7 km from Bangalore City Railway Station via Mysore Road. Further, Bangalore International Airport is only 45 km.
The region is gaining its importance for its Residential. So the Real Estate sector and the investment in the region has a good scope.
Basavanagudi: This area is preferred for residential purposes as it is surrounded by markets, cultural institutions, parks and restaurants. It also enjoys easy connectivity to several areas of Bangalore
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.
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.
There are many ongoing projects in Whitefield namely VBHC Serene Town, BSCPL Bollineni Silas, Trifecta Esplanade, Sumadhura Silver Ripples, Mahaveer Promenade, Mahaveer Tranquil, Temple Tree and Sunrise Aurora
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.
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.