Expensive locations for property investment in Bangalore

The real estate market of Bangalore is witnessing a robust growth thanks to all-round development. Rapid growth of infrastructure coupled with a booming IT market has made the city one of the hottest realty destinations in the country today. Demand for luxury properties has skyrocketed and the city boasts of numerous expensive locations for property investment.

Indiranagar

One of the most expensive locations in Bangalore, Indiranagar boasts of reputed educational institutions, hotels and restaurants. Robust connectivity with other parts of the city has prompted many property developers in Bangalore to launch large-scale projects here.

Whitefield

Majorly an IT hub, Whitefield is known for MNCs, tech parks, malls, restaurants, etc. With enhanced connectivity to ORR, Whitefield is the home of many luxurious residential properties in Bangalore. With the tremendous growth in physical infrastructure, Whitefield continues to be a top draw among luxury property investors.

Brookefield

Located in the eastern region of Bangalore, Brookefield has seen the launch of many luxury residential properties. Real estate developers have taken an active interest in Brookefield because of its strategic location. Builders in Bangalore are expected to launch several new projects in the area in the coming days.

Housing sales to jump in 2015

Following last year’s sluggishness, the housing market in 2015 is expected to gain momentum. A report from JLL estimates housing sales to rise to 1.92 lakh units in 2015 in the top seven cities of India — Mumbai, Delhi-NCR, Chennai, Kolkata, Bangalore, Hyderabad and Pune. In 2014, housing sales in the primary markets of these cities fell to 1.75 lakh units.

Reduced borrowing rates and focus on affordable housing

2015 promises to be a good year for buyers as they would benefit from reduced borrowing rates. Also, the focus of property in Bangalore on affordable housing would aid first-time home buyers. With developers focusing on the construction of affordable homes, the same will bridge the demand and supply gap of such homes. As the economy is gradually picking up, borrowing rates will come down and so too inventory levels.

Property prices to remain stable

Property prices will remain stable during the first half of 2015. This is when real estate companies will offer heavy discounts to clear inventory and hence, buyers will be encouraged to buy new apartments. The report also says the developers will be more sincere about pricing their projects right. They will also focus on creating efficient homes with top-notch facilities to attract buyers. There will be some corrections in over-priced cities to bolster sales.

Technology-based innovation and green homes

With developers focusing on technology-based innovation and green homes, sales are expected to pick up. Bangalore in particular, with improved connectivity and growth in infrastructure, has attracted attention of developers from all around the globe. Real Estate developers in Bangalore are developing world-class projects.

With the Government announcing several positive steps to uplift the sector, it is brimming with confidence. Developers are bullish on launching new projects with buyers getting plenty of options. 2015 is the right time to buy an apartment. Purchasing a property this time will reap high dividends in the years to come.

Advantages of buying an apartment over renting

Buying an apartment offers several advantages over renting. Let’s find out. http://www.gopalanenterprises.com/ongoing-projects/

Ideal investment spots in East Bangalore

Bangalore has recorded high growth in real estate activities over the years. With more employment opportunities and rapid development in infrastructure, several real estate developers are launching large-scale projects in the city. In the last few years, East Bangalore has attracted attention of property developers.

Cluster of IT firms, proximity to workplaces and connectivity to prime locations are some of the major factors working in favor of East Bangalore. Let us see some of the ideal investment destinations in this part of the city.

Brookefield

One of the premium localities in East Bangalore, Brookefield enjoys good connectivity to other parts of the city via Varthur Road. In the past couple of years, the area has witnessed an appreciation by nearly 40%. Prices hover between Rs 4500 to 5300 per square feet in Brookefield.

K R Puram

With residential expansion in East Bangalore, K R Puram is fast emerging as one of the hottest realty destinations. The place is the home to some of the most affordable apartments in Bangalore. Prices of properties in K R Puram are around Rs 3500 per square feet.

Mahadevpura

Another promising locality of East Bangalore, Mahadevpura has seen the launch of many high-end residential projects. In the past couple of years, property prices have appreciated by 25% in the area. Prices hover between Rs 4500 to 4900 per square feet.

Whitefield

Over the years, Whitefield has emerged as one of the most sought-after places to buy an apartment. Connectivity to prime locations along with proximity to Whitefield railway station has prompted many property developers to launch luxury projects in the area. Property prices hover between Rs 3800 to 4200 per square feet here.

Sarjapur Road

One of the prime localities in East Bangalore, Sarjapur Road promises high return on investment in the future. Because of its proximity to prime localities, builders in Bangalore are launching top-notch projects here.

Why should you invest in Whitefield properties?

One of the most coveted suburbs of Bangalore, Whitefield has emerged as one of the most sought-after realty destinations in Bangalore. A cosmopolitan crowd coupled with high-end residential apartments has made Whitefield extremely lucrative for real estate developers and buyers. Here are the reasons as to why one should invest in Whitefield properties.

Perfect location

One of the major reasons for investing in Whitefield properties is the strategic location of the place. Situated in Bangalore East, Whitefield is surrounded by areas like Marathahalli, Bellandur and Varthurm. Thanks to the presence of IT firms, Whitefield has transformed drastically. Shopping malls, multiplexes and host of other entertainment options make Whitefield a perfect destination to purchase a new home.

Robust connectivity

This is another factor working in favor of Whitefield. Whitefield Road and Old Madras Road have eased travelling in areas like Marathahalli and other locations. With connectivity further improving, builders in Bangalore are launching ambitious projects in Whitefield.

Quality homes across all verticals

Property developers in Bangalore are offering quality homes across all verticals in Whitefield. Right from luxury apartments to row houses, the area caters to the need of every individual. With the growth of physical and social infrastructure, developers are expected to come up with more such projects in the area.

Proximity to IT centers and educational institutions

Proximity to IT companies and educational institutions is another reason for buyers to invest here. As the majority of the workforce work in IT firms, Whitefield is a convenient location to buy apartments.

High return on investment

In the coming days, properties in Whitefield are expected to see a considerable appreciation in prices. With rapid development, apartments in Whitefield will offer a significantly high return on investment.

Whitefield is one of the fastest growing residential areas in Bangalore. Further improvement in infrastructure will encourage real estate companies to launch more projects in the area.

projects in the area.

Affordable real estate destinations in East Bangalore

In the past few years, real estate activities have gained considerable pace in East Bangalore. Great connectivity coupled with proximity to IT firms has catalyzed the growth of East Bangalore. Prominent real estate developers are coming up with large-scale projects in this part of Bangalore. Let us see some affordable real estate destinations in East Bangalore.

Gunjur

Gunjur is the home to major IT multinational companies. The pleasant weather and growth of infrastructure have made Gunjur lucrative for developers as well as buyers. The area is well-connected to other parts of Bangalore and boasts of reputed educational institutions, hospitals and theatres.

Varthur

A part of the famous Whitefield Township, Varthur’s geological location and easy access to Whitefield makes it one of the most promising destinations in East Bangalore. As the area is located between Whitefield and Outer Ring Road, it has seen massive development in both residential and commercial real estate.

Marathahalli

Marathahalli has evolved one of the busiest regions fulfilling the residential requirement of IT professionals in and around the area. With the boom in the IT sector, demand for residential properties has gone up in Marathahalli. Thanks to good network of roads, railways and better public transport system the area has attracted the attention of property developers in Bangalore.

Sarjapur Road

One of the rapidly developing localities in East Bangalore, Sarjapur Road is the home to many IT hubs and commercial spots. Due to rapid infrastructural development and easy connectivity to prime locations of Bangalore the demand for 1 and 2 BHK apartments is going up. The area has also witnessed development in the commercial segment. Renowned builders in Bangalore have their projects within the vicinity of Sarjapur Road.

BEML Layout

Development of social and physical infrastructure has made BEML Layout one of the evolving realty destinations of East Bangalore. With reputed schools, colleges, IT parks, malls and hospitals, BEML Layout offers top-notch facilities for residents. Prominent real estate companies in Bangalore have come up with ambitious projects here.

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