The Bangalore real estate market has always been considered an attractive investment opportunity and offers fantastic spaces for people to live in. With an abundance of lakes and green spaces integrated with a cosmopolitan feel, the ‘Silicon Valley of India’ always manages to charm its residents.
Moreover, the booming establishment of start-ups and IT hubs that demand more workforce is the spearheading reason for expansion in real estate. Thereby, it’s opening up ample opportunities for you to invest in some of the best locations in Bangalore.
An Economic Times article predicted that Bangalore is likely to be at the forefront of India’s real estate recovery following the pandemic. This Indian real estate market forecast has been attributed to the record low home loan interest rates made available to encourage investments and kickstart India’s economy.
So, if you are considering investing in the Bangalore real estate market, you have arrived on the right page!
We at Assetz Property Group have seen the massive potential this city has and have curated this blog to provide you with information on the real estate market in Bangalore.
For those of you who are still wondering why you should invest with real estate developers in Bangalore, here is a quote, “history repeats itself”!
According to an article published by the Bangalore Mirror Bureau, more than 77,000 residential units were sold within just the first three quarters (from Jan to Sep 2021) which led to a 47% increase compared to 2020. Moreover, the launch of 93,000 new additional units in 2021 exhibited a 38% increase compared to the previous year.
Shows a pattern suggesting a higher growth in 2022, right? Now, let’s concrete our speculations with actual facts from 2022.
According to a report published by 99acres.com, despite scares from the third wave of the COVID pandemic, the Bangalore real estate market still witnessed increasing sales of house units (14,000) which suggests an estimated annual growth of more than 30%!
If you are still apprehensive about investing in the Bangalore real estate market, read along to find out what you might be missing on!
Being a harbour to start-ups and entrepreneurship, Bangalore has an influx of numerous professionals from almost every service sector indicating only an increase in real estate ventures.
The Indian real estate market forecasts that Bangalore is likely to experience a steady property appreciation, making real estate a safe asset to invest in. If you are confused about finding the right location for your dream home, let’s have a look at some of the best locations in Bangalore!
With unique and posh infrastructures, Hebbal serves as a prime location for you to invest in North Bangalore.
The biggest USP of investing in the Devanahalli – North Bangalore real estate market is that you can conveniently avoid the infamous ‘Bangalore City Traffic’. While speculations of multi-billion dollar investments have started making huge splashes even in the Bangalore real estate news, numerous investors have already moved in to book plots in this locality.
Yelahanka offers ample investment opportunities to not just big players but even those with a lid on their budgets. That’s right! The availability of vast undeveloped lands made way for upcoming projects for luxurious yet affordable accommodations. Hence, buying a plot here could bring you a nice chunk of ROI.
Now that you have been through the top locations in the North, let us go through some of the best real estate investment opportunities in the South!
Sarjapur Road is developing extensively thanks to numerous upcoming projects and improved connectivity to local commercial hubs like Koramangala, HSR Layout and Bannerghatta.
Electronic City houses several large MNCs and has thus seen a boost in residential development. The neighbourhood is well-connected, with quick access to Silk Board, Bannerghatta, and NICE Road.
There you have it! We hope you found this analysis of Bangalore’s real estate market helpful and can identify the best locations in Bangalore for your choice of investment.
You can also visit Assetz Property Group to find out more about properties in different sections of Bangalore.
Assetz Property Group offers a wide range of homes located in several prime locations. As one of the top real estate developers in Bangalore, we believe that it is our responsibility to offer you the best possible investment opportunities. Rest assured, with an Assetz home, you are guaranteed quality and commitment towards a sustainable future.