Top Emerging locations of Bengaluru

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Bengaluru, the capital city of Karnataka, has been one of the fastest-growing cities in India over the past few decades. The city's real estate market has been at the forefront of this growth, as it has attracted investors from all over the world. The demand for commercial and residential properties in Bengaluru has been on the rise, fueled by the increasing population and the growing economy.

The city's IT sector has been a key driver of its real estate market. Bengaluru is home to some of the biggest tech giants, such as Infosys, Wipro, and Tata Consultancy Services. The presence of these companies has attracted a large number of skilled professionals to the city, who are in search of modern housing and commercial spaces. This has led to the development of new residential and commercial areas in the city, providing investors with a range of investment opportunities.

Moreover, Bengaluru offers an excellent quality of life, which is a significant attraction for investors. The city is known for good healthcare facilities, top-notch educational institutions, and a vibrant cultural scene. Furthermore, the city's green spaces, including parks and lakes, provide residents with a serene environment that complements the city's cosmopolitan culture.

The government has also played a significant role in the development of Bengaluru's real estate market. The Karnataka government has implemented several policies and initiatives to promote the growth of the real estate sector. For instance, the government has introduced the Karnataka Industrial Policy, which aims to promote the development of industries in the state, including the IT sector. Additionally, the Karnataka Real Estate (Regulation and Development) Act, 2016, has been put in place to regulate and promote transparency in the real estate sector.

Let’s dig deep and look at the Top Emerging Locations to Invest in Bengaluru

Hebbal – Located in North Bengaluru, Hebbal is a sought-after area, known for its proximity to Nagavara Lake and its prime location. The region comprises high-rise apartments, as well as low to mid-rise apartment complexes, providing a range of options for investors.

Hebbal has emerged as a crucial locality in Bengaluru's real estate market due to its close proximity to several IT parks and tech hubs. The presence of these employment hubs, such as the International Tech Park and many other tech parks, has contributed significantly to the growth of employment in the area. As a result, it has become a hub for young professionals, making it an attractive location for real estate investments.

Moreover, Hebbal is well-connected to other parts of the city, making it easily accessible for residents and investors. The area is connected via Bellary Road, which connects to the Outer Ring Road (NH 44), and the Hebbal Flyover. This excellent connectivity makes it a convenient location for both personal and professional needs, adding to the area's appeal as an investment destination.

Current Average Sale Price (Rs/Sq.Ft)

Hennur – Hennur is undoubtedly one of the most prominent localities in Bengaluru, thanks to its strategic location adjacent to the Outer Ring Road. The area offers a range of housing options, including luxury apartments, mid-rise buildings, and villas, catering to the diverse needs of investors and residents.

What sets Hennur apart from other localities in Bengaluru is its scenic beauty and rich cultural heritage. The place is well-known for iconic landmarks like the Bengaluru Palace, Hennur Biodiversity Lake, bamboo forests, and numerous other lakes, making it an attractive investment destination for those looking to reside amidst nature's tranquility.

Additionally, Hennur's transport facilities are easily accessible and connectivity is increasing to all major locations in Bengaluru. The area has excellent urban planning and infrastructure, providing a hassle-free living experience for its residents.

Moreover, Hennur is home to several healthcare institutes, educational facilities, and recreational amenities, making it an ideal place for urban living. With its growing popularity among investors and homebuyers, Hennur's real estate market promises significant returns and long-term growth.

Current Average Sale Price (Rs/Sq.Ft)

Electronic City - Investing in Electronic City in Bengaluru is a promising option for those looking for affordable yet lucrative real estate opportunities. Spread over 800 acres and comprising Konappana Agrahara and Doddathogur villages, Electronic City is a major technology hub that offers various work opportunities, cultural and educational facilities.

The city's connectivity to the rest of the city is excellent, the Elctronic City Elevated Expressway that has improved accessibility to Hosur Road, Electronic City Flyover, NICE Ring Road, and Heelalige Railway Station. In addition to its strategic location and connectivity, Electronic City offers a range of affordable housing options. With a variety of apartments and plots available, investors can find an option that fits their needs and budget, making it a smart choice for those seeking significant returns and long-term growth.

Current Average Sale Price (Rs/Sq.Ft)

Whitefield – Whitefield, located in East Bengaluru, is a bustling hub of residential and commercial development. It is home to many prominent landmarks such as Phoenix Marketcity, Inorbit Mall, and IT parks, making it a popular destination for both work and leisure. Notable residential developments, such as DivyaSree Republic of Whitefield, Prestige Shantiniketan, and Prestige Lakeside Habitat, offer luxury living spaces and modern amenities, making it an ideal investment opportunity for those seeking a high-end lifestyle.

Whitefield is well-connected to the rest of the city through various transport options, including the Whitefield Main Road, SH-35, Old Airport Road, and Whitefield Railway Station. Its excellent connectivity has made it one of the most attractive places to invest in Bengaluru, promising significant returns and long-term growth for investors.

Current Average Sale Price (Rs/Sq.Ft)

Yelahanka - Yelahanka is a thriving locality situated on the northern outskirts of Bengaluru, making it an ideal destination for those seeking a peaceful and serene living environment away from the city's hustle and bustle. It is approximately 14 kilometers from downtown and is in close proximity to the airport, making it a popular choice for frequent travelers.

Yelahanka offers a diverse mix of residential options, including luxurious villas and apartments, offering a range of modern amenities and world-class facilities, making them an ideal investment opportunity for those seeking a high-end lifestyle.

One of the significant advantages of investing in Yelahanka is its excellent connectivity to other parts of the city. The locality is well-connected via NH-44 (Bellary Road), Doddaballapur Road, and Yelahanka Road, making it easy to commute to various parts of Bengaluru. With its excellent physical and social infrastructure, Yelahanka promises significant returns and long-term growth for investors seeking to invest in Bengaluru's real estate market.

Current Average Sale Price (Rs/Sq.Ft)

Article authored by: Team Propfynd

Date: 24th March, 2023

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