Bangalore attracts a big number of people due to its growing economy, flourishing culture, and wealth of opportunities. Because of its importance as an IT hub, the world recognises Bangalore as the ‘Silicon Valley’ of India. Therefore, the world’s most important tech companies like Wipro, IT, INFOSYS, IBM, CISCO, TCS, RMZ Eco World, and Google have set up large offices in Bangalore.
The city is home to IT giants like Infosys and Wipro. Bangalore is a bustling cosmopolitan metropolis offering a luxurious and upscale lifestyle with many cafes, shopping malls, and restaurants. Also, the city has a pleasant climate throughout the year.
With more people moving to Bangalore, the demand for housing has increased, resulting in the expansion of construction and development activities. Therefore, the Bangalore real estate market exhibits a wide range of trends. It caters to diverse preferences, ranging from beautiful high-rise apartments to affordable flats designed for first-time buyers.
Today, we look at the emerging localities that make the best investment opportunities in Bangalore.
Hennur is adjacent to the outer ring road. Due to its range of housing choices, from luxury apartments to mid-rise buildings and villas, this place makes one of the best investment opportunities in Bangalore.
Hennur is one of the most iconic areas in Bangalore because of its attractions like Bangalore Palace, Hennur Biodiversity Lake, Bamboo Forest, and multiple lakes. The transportation facilities offer excellent connectivity to major locations in Bangalore, while urban planning and infrastructure are well-developed. Hennur also has a number of healthcare institutes, educational institutions, and recreational facilities.
If you want to settle in Bangalore and invest in real estate, Hebbal is a highly recommended place. It is near Nagavara Lake and is a prime location in North Bangalore.
Hebbal has high-rise apartments and some low to mid-rise apartment complexes. The presence of the Eastern Shopping Mall, International Tech Park, and various other technology parks have greatly contributed to the employment growth in this region. Therefore, Hebbal has become one of the best investment opportunities in Bangalore. Hebbal is well-connected to the rest of the city through Bellary Road, the ORR (NH 44), and the Hebbal Flyover.
Whitefield is a commercial and residential area situated in East Bangalore. Many prominent landmarks are nearby, including Inorbit Mall, Phoenix Marketcity, and IT parks. Whitefield has several notable residential developments, such as DivyaSree Republic of Whitefield, Prestige Lakeside Habitat, and Prestige Shantiniketan.
Also, Whitefield connects to the rest of the city through the Whitefield Railway Station, Whitefield Main Road, SH-35, and Old Airport Road. Due to its excellent connectivity, it offers one of the best investment opportunities in Bangalore.
Not sure where to invest at an affordable price in Bangalore? With abundant work opportunities and educational and cultural facilities, Electronic City offers one of the best investment opportunities in Bangalore for affordable housing.
Electronic City covers approximately 800 acres, comprising Agrahara Konappana and Doddathogur villages. It is a famous technology hub in Bangalore.
Electronic City's connectivity has improved significantly because of the Electronic City Elevated Expressway, which is now connected to Heelalige Railway Station, Hosur Road, Electronic City Flyover, and NICE Ring Road.
Devanahalli is in the northeastern part of the city, approximately 15 kilometres away from Kempegowda International Airport. It is recognised for its spacious, green, and thoughtfully designed residential area.
Devanahalli has many notable residential and commercial projects. Some major developments in this area include Brigade Orchards Parkside, Hiranandani Cypress, Salarpuria Sattva Park Cubix, and Ozone Urbana. These projects contribute to the growth of Devanahalli, placing it on the list of best investment opportunities in Bangalore.
Yelahanka, located in the northern suburbs of Bangalore, has excellent physical and social infrastructure.
Yelahanka has a diverse range of apartment and villa projects. Yelahanka is surrounded by several ongoing residential developments. Some of these developments include Purva Venezia, Godrej Avenues, Unitech Heritage Estate, and NCC Urban Nagarjuna Aster Park. Yelahanka is well connected to other parts of the city via Doddaballapur Road, NH-44 (Bellary Road), and Yelahanka Road.
If you're looking for investment opportunities in Bangalore, Sarjapur is a rapidly developing neighbourhood with good road connections to prominent IT clusters such as Electronic City, Marathahalli, and Whitefield.
Sarjapur Road has an array of restaurants, retail shops, movie theatres, banks, etc. Also, it has many notable landmarks, including Sarojamma Complex, Market Square Mall, and Columbia Asia Hospital. The Sarjapur Road is connected to the ORR, SH-35, and Hosur Road.
Thanisandra is a developing locality situated on Thanisandra Main Road in North Bangalore. The locality is surrounded by several residential areas, including Hebbal, Nagawara, HBR Layout, and Jakkur.
Many IT workers who work for companies with offices in Manyata Tech Park prefer to live in this region. The surrounding area is home to many notable residential projects like Mantri Energia, Arvind Sporcia, and Zenith Residences - Karle Town Centre. The Kempegowda International Airport is 26 km away from Thanisandra. Besides, this place is accessible via Thanisandra Main Road, Bellary Road, ORR, and Hennur Road.
Kanakapura Road, located in the southern corner of Bengaluru, is one of the greenest parts of the city. The locality is near Anjanapura, Banashankari, Konankunte, JP Nagar, Talagattapura, and Kumaraswamy Layout. The area has several noteworthy residential projects, such as Prestige Falcon City, Concorde Napa Valley, Brigade Meadows, Mantri Tranquil, and Godrej Eternity.
Kanakapura is near the Bidadi Industrial Area, which is home to several major companies like Featherlite, Toyota, Hindustan Unilever, Coca-Cola, etc. Kanakapura is also close to many IT parks, including Global Village Tech Park and Kalyani Magnum Tech Park.
Bannerghatta Main Road
Also known as state highway 87, Bannerghatta Road passes through the southern part of Bangalore. This 49-km route starts from Adugodi Christian Cemetery to Anekal.
Bannerghatta Main Road, being the oldest part and a prominent residential locality, has remained one of the investment opportunities in Bangalore.
There are several prominent developers in the region, such as Opera Structures, Celebrity Prime Develops, Honey Properties, and Mahaveer Group. The Bannerghatta Road is one of the main road networks and is well connected to the other parts of the city.
PropertyAngel hopes this article has helped you find the best investment opportunities in Bangalore.
PropertyAngel is an award-winning second landlord platform, headquartered in Bangalore with an AUM of Rs. 1500 crores. Incorporated in 2014, PropertyAngel's tech-enabled real estate asset management services for individual apartments, villas and houses, have won awards from Zoho, grants from Facebook, and been recognized several times as among the top 10 property management companies in India.