has been flourishing under the ever growing demand from the nation’s property seekers and even more so from the NRIs and foreign nationals migrating here in search for a job and for starting their own business in India’s most entrepreneur and job friendly city. According the leading real estate consultant group, JLL, the city ranks on the 20th position in terms of best real estate investment place in the world.
Let us look at the reasons that makes investing in the real estate in Bangalore one of the most high returns guaranteeing investment –
The city has become an ideal mix of commercial plus residential center, plus has been drawing interest from the occupiers. With a number of infrastructure, such as the connectivity offered by Outer Ring Road (ORR), Hosur Road Expressway, continuous expansions in the Metro trail and a planned expansion of key roads in the area, in place the entire city has been expanding with growth. That has ensured a wide array of benefits ranging from rise in property values, and growth of micro markets along with a huge option on the ideal residential areas to invest in front.
- Presence of office hubs on every turn
Offices are presently functioning maximum at Koramangala, Bannerghatta Road, and Electronic City. A number of office center are in line to be opened both in and around Sarjapur and Sarjapur-ORR. Other micro-areas like the Koramangala and Bannerghatta Road also have a large number of upcoming office projects.
Such huge presence of available office spaces in every nook and corner of the city makes Bangalore an ideal place for those looking to live near their workplace.
- Mix of property options
Bangalore is one of the few cities of India that promises a mix of property options for the home seekers of the city. The range varies from very high to very low, making it easy for all class of buyers to have a house in the city.
Real estate investment in Bangalore is a gem for both who are looking for residential place and for those looking for investing in an office space. After being ranked number 1 in the City Momentum Index report by JLL, the potential of commercial growth has only increased in Bangalore. The scope of innovation, connectivity, and infrastructure that is evidently high in the city that is also known as the Silicon Valley of India, has been the prime reason driving the growth.
The hopes that investors have from Bangalore’s commercial sector spills down to the city’s residential set up too with it seeing an unwavering demand from the buyers along with the tag of being the city with lowest unsold inventory.
It is only beneficial to look for a house or an office space in a city that ensures high return and safety of investment.
Author Bio:- With a professional expertise in introducing readers to how real estate market functions, Tripti strives to keep her readers updated with every what’s what of the turbulent market. Get to know more about real estate market and trends follow G+.