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News

Top 10 fastest growing areas to invest in Bangalore

By

admin

Posted in Real Estate Knowledge, Real Estate Market Trends On September 20, 2023

 

  1. Sarjapur Road, Bangalore:
    • Sarjapur Road has experienced over 30 percent growth in property values in the last three years.
    • Key developments include a 74 km-long Peripheral Ring Road, widening of Sarjapur Road, and upcoming phases of Namma Metro.
    • It offers easy accessibility to industrial areas like Sarjapura and Bommasandra and commercial hubs like Koramangala and RGA Tech Park.
  2. Indira Nagar, Bangalore:
    • Indira Nagar is known for its wealthy neighborhoods, cosmopolitan culture, and commercial landscape.
    • The area has seen growth due to the development of co-working spaces and the shift of companies like Flipkart.
    • It offers excellent connectivity through metro stations and key roads like Old Madras Road.
  3. Hennur, Bangalore:
    • Hennur is popular for ready-to-move 2 BHK apartments with property prices around Rs 7,100 per sq ft.
    • Proximity to employment hubs like Manayata Tech Park and Kirloskar Business Park has contributed to demand.
    • The area offers a rental yield of four percent, with monthly rentals averaging Rs 27,000 for 2 BHK apartments.
  4. Attibele, Bangalore:
    • Attibele, close to Electronic City, has transformed into a coveted realty destination.
    • It offers affordability and connectivity to IT hubs like Silk Board Junction.
    • Property values have increased by around 27 percent in the last three years.
  5. Kadugodi, Bangalore:
    • Kadugodi is known for its affordable property rates, around Rs 6,000 per sq ft.
    • It benefits from commercial establishments in Whitefield, Bellandur, and Outer Ring Road.
    • The planned suburban rail project is expected to enhance connectivity.
  6. Yelahanka, Bangalore:
    • Yelahanka’s proximity to Kempegowda Airport and IT parks along Outer Ring Road has driven demand.
    • It offers excellent physical and social infrastructure and large land parcels.
    • Property values have seen over 33 percent growth in the last three years.
  7. Yeshwanthpur, Bangalore:
    • Yeshwanthpur is emerging rapidly in North Bangalore with a dedicated metro station and seamless road connectivity.
    • It attracts residential demand from the Peenya Industrial Area and offers 2 BHK units between Rs 35 lakh and Rs 1.2 crore.
  8. KR Puram, Bangalore:
    • KR Puram offers a blend of multi-story apartments and independent houses.
    • Rentals in KR Puram are comparatively affordable, making it an attractive option for renters.
    • The completion of the metro line and extension of the Purple Line to Whitefield is expected to boost growth.
  9. Nallurhalli, Bangalore:
    • Nallurhalli boasts connectivity to Old Madras Road (OMR) and commercial expansion.
    • It is only two km from Whitefield, a reputed IT hub, and home to tech parks like Sigma Tech Park and International Tech Park.
    • Property values have seen over a 36 percent hike in the last three years.
  10. Nagavara, Bangalore:
    • Nagavara has a well-established social infrastructure and offers a mix of property types.
    • Its strategic location along Bellary Road makes it attractive to tenants.
    • Property values have seen a 50 percent growth in the last five years.

These areas offer diverse options for investors and homebuyers based on factors such as property prices, rental yields, connectivity, and proximity to key employment hubs. It’s essential to assess your investment goals and conduct thorough research before making a decision in the dynamic real estate market of Bangalore.

 

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