Top Residential Areas to Invest in Bangalore

Bangalore is transforming exponentially into a globally competitive place and all the advancements in technology that this city has acquired have made it possible for the city to stand apart from the other cities in our country. Bangalore is leading in many sectors like IT and Real estate. Amid Covid 19, the city was able to remain stable throughout, and with things getting towards the “new normal”, Bangalore emerged as the only city to rapidly reshape its functioning. Bangalore got so much to offer to its residents that no one wants to leave this city for any reason. The cosmopolitan lifestyle, Ample opportunities, and pleasant climate are what holds the attention of the residents of this city.

Real estate is one of the fastest-growing sectors in Bangalore because of the huge demands for residential and commercial projects. People are in abundance and all they need is a roof over their heads. As most of the people working in Bangalore are from different regions of the country, Demand for rental flats is booming in the city. The builders are offering affordable and attractive deals to the people to book their flat in Bangalore and with recent intervention by the government, the demand for mid-range apartments has increased in Bangalore.

It is very difficult to pick any one area in Bangalore for the best residential projects as the whole city is surrounded by many beautiful townships and each one is having its value and importance. So to get a brief idea about the residential areas in Bangalore to invest in, we have to focus on every region of this city. Here are some of the top residential areas for you:-

North Bangalore

North Bangalore became the talk of the town after the establishment of Kempegowda International airport in 2008. North Bangalore is one of the regions that has huge areas of undeveloped land and all the future projects in Bangalore are aiming to set up their headquarters in north Bangalore. The premium locations of North Bangalore consist mainly of Devanahalli, Hebbal, Thanisandra, and Yelahanka.

#1 Yelahanka

It is one of the growing locations of north Bangalore having enormous undeveloped land which will be essential for all future projects. It is the residential suburb of North Bangalore which is a quiet and peaceful place to reside with your family. The area is offering luxurious and affordable apartments near airport roads. It is close to some of the top social infrastructures like RMZ Galleria Mall, Chrysalis CBSE High School, RWF Rail Wheel Factory, and many premium locations which have given an advantage to this place for higher future returns. People can enjoy the lush greenery and scenic beauty of Allalasandra Lake and Puttenahalli Lake.

#2. Devanahalli

One of the premium locations of Bangalore is surrounded by a special agricultural zone giving this place a cutting edge over others. The area is free from congestion and chaos. MVN Infrastructure is a well-known name in the northern region of our country having an immense hold over cities like Faridabad and Gurgaon. Their new project MVN Aero One has taken place in Devanahalli offering flats for sale in Devanahalli with all the world-class amenities.Devanahalli has proximity to a billion-dollar Devanahalli Business Park along with two IT Parks. The major advantage associated with this location is the BIAL IT investment region which will be the largest in India

With all the perks of this location, apartments near Devanahalli will be going to enjoy higher appreciation value in the future. An investment made right now will yield enormous returns that you have not even imagined. Recently Infosys has acquired 10 acres of land in Devanahalli which is a clear indication of employment opportunities that this place is going to offer in near future.

MVN Infrastructure with its new emerging project MVN Aero One are offering premium 2bhk flats for sale in Devanahalli along with other typologies like 1bhk and 3bhk also but their major highlight is 2bhk flats that are conceptualized to provide luxury at your doorstep with all world-class amenities and technologies. MVN Aero One is becoming a major attraction for NRIs and HNIs.

#3. Hebbal

This area got famous with the establishment of the L & T factory in the 1970s and after that development of other social infrastructures have increased the worth of this place. This area enjoys smooth connectivity with the core locations of the city with flyovers linking this area to Bellary Road and Outer Ring Road. Transport facilities are also a major attraction associated with this area with the BMTC bus network and proximity to the railway station.

The area is also the best fit for a family that wants to escape the chaos and traffic of Bangalore city and wants a peaceful atmosphere for their children. Many townships are offering apartments on airport road which will have all the amenities along with the mesmerizing views of largely agricultural land spread over this area.

South Bangalore

South Bangalore is one of the most developed areas of Bangalore and is a hub to mostly all the MNCs in the city. Mostly the residential areas of this region are on a stretch to Mysore Road, well connectivity to the metro, and a hub to all top engineering colleges in the city.

#1. Electronic City

This area was earlier called E-city, Electronic City is located in Anekal Taluk far south of Bangalore. It is home to many prestigious residential townships like Green Terraces and GM Infinite Global Techies Town that provides for a luxurious standard of living along with the benefits of social infrastructures like metro phases 1 and 2.

#2. BTM Layout

This area has got tremendous connectivity with Outer Ring Road, Hosur Road, and Bannerghatta main road which helps the real estate players to get more customers. The prices are on the higher side around Rs 12000/ sq. ft. because of the cosmopolitan lifestyle of this area and proximity to major metro stations like Rashtriya Vidyalaya Road and Banashankari. The only problem with this area is the affordability as all the residential projects are asking for much higher prices even for a 1 Bhk flat.

#3. Sarjapur Road

Sarjapur is one of the posh areas of Bangalore and has connectivity to key IT cluster areas like Marathahalli, Whitefield, and Electronic City. It is the perfect blend of ready-to-move-in flats and under construction, flats giving ample opportunities for the buyers to choose according to their budget. The traffic in this area becomes a problem for the residents here but with all the benefits that this place offers, it becomes bearable.

Whitefield in East Bangalore

Whitefield is emerging as a place that assures home for all classes. With the proximity of the purple metro line and the introduction of the train service, the area has found the solution for the on-road traffic and it will surely reduce in the future. The presence of major IT parks like ITPL Tech Park and Bagmane Technology Centre is serving as popular employment destinations in and around Whitefield. These tech parks along with enormous malls such as Phoenix Marketcity and VR Bengaluru have up the game for Whitefield’s popularity amongst the working population and youth.

Conclusion

Investment in all the parts of Bangalore is increasing with time and post covid 19 has provided a great opportunity for both the customers and the builders to earn profits in investing in real estate. With government new norms and RERA support, it is much easier for the home buyer to buy their dream house or apartment in some of the best residential areas at affordable prices. You can choose any of the areas mentioned above according to your priorities.