Here’s why investing in the outskirts of Bangalore is a good idea
Investment is an activity that is considered wise and far-sighted. It is encouraged to invest in properties, assets, and other capital aspects. Investment is like a piggy-bank, on a larger scale with huge risks sometimes. Investing in properties is one of the safest ways to spend your money. There is no fear of you losing your money in speculation or alarming rates. It is extremely salient to invest wisely so that you get better returns.
Bangalore, the IT hub of India, is a great place to invest in. It is a city with booming prospects of success and a better standard of life—one of the best places in Bangalore to invest in its outskirts. The property market is fast seeping into the outskirts of the city, making them the next hot destination to invest in.
Why is investing in the outskirts of Bangalore a good idea?
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Outstanding Proximity to Prime Locations
The outskirts of Bangalore include the North Bangalore regions. All these regions are very close to the International Airport and the Central Business District. It is a great place to invest in for frequent flyers and business people. There are metro rails nearby, which will help reduce the time taken to travel between the outskirts and the city.
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Influence of IT giants
The emergence of various IT companies has escalated the real estate business in Bangalore. The IT companies establish their business on the outskirts due to large, cheap land. These companies attract a lot of people to stay in these areas, due to better proximity to the companies and better living. The rapid economic development in the suburbs is directly proportional to the increase in high rise residential complexes.
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Establishment of various projects
The areas in the outskirts of Bangalore like Whitefield and Sarjapur offer high appreciation rates. This enables the establishment of various luxurious projects, with all amenities and facilities. From residential apartments and villas to commercial developments, you can choose your investment as per your long-term goals and objectives. For instance, Guru Punvaanii, situated at Anekal, offers such properties with all necessary and luxury amenities. The properties they offer have hospitals, schools, parks, etc. nearby. These properties are a great option to invest in.
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Expected Returns
Location is everything when it comes to real estate and investing. With top IT hubs and industrial set-ups located in the outskirts of Bangalore, a large chunk of the working population of the city is creating a demand for houses here, leading to a high rental income for homeowners. You can also enjoy the world-class infrastructure and better accessibility to reputed educational institutions, hospitals, shopping complexes, and multiplexes. Guru Punvaanii offers these kinds of properties, with the perfect location and amenities like gym, swimming pool, and much more and also great appreciation rates.
Investing in the urban parts of the city is not a likely option because of scarce lands, limited lists of properties to choose from, and the most important, unaffordable prices of properties.
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Peaceful Living
Everyone loves a peaceful property, with greenery and serenity all around. Properties in the outskirts are excessively preferred upon urban properties, as they are away from the hustle-bustle and chaos of the city. The urge of humans for a peaceful living makes investments in the outskirts an attractive option to consider.
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Investments at an Affordable rate
Investments at affordable prices is a win-win situation for all. The properties in the outskirts offer great returns on affordable investments. It is a smart way of investing because it has neither seen violent fluctuations nor a crash which could have influenced a negative sentiment. Stable growth of 9–10% has been clocked by this megacity.
The reason behind the affordable rates of these areas is that the areas are still under development and therefore you can purchase it at a lower price. The properties are bigger, better, and lighter on the pocket, making it an ideal investment at rates that are fast-appreciating.
All these aspects should be kept in mind while thinking of investing anywhere in the world. The outskirts of Bangalore fulfill all of these aspects, making it the best place to invest in. You can invest in Guru Punvaanii properties as it ticks all of the essential boxes needed for a successful investment.