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Bangalore is one city that has long been known for its metropolitan lifestyle and the emergence of the IT sector aptly earning itself the title “The Silicon Valley of India”. Bangalore has seen a consistent rise in real estate prices due to an influx of professionals and skilled workers coming into the city in search of jobs and a better livelihood. This rise was notably recorded by SeedWill Consulting Pvt. Ltd., one of the leading property consultants in Bangalore. The city also offers a huge array of property options ranging from budget houses, premium commercial spaces and luxurious villas.
Prime Locations in Bangalore
Whitefield is often regarded as an excellent option for investing in residential properties. It has unparalleled connectivity to nearby hot spots such as the railway station and the Phoenix metro city which is just 0.7 km away. Such locational advantages make it one of the best properties in Bangalore.
Another area of interest amongst investors is Hebbal in north Bangalore. The area is surrounded by remarkable infrastructure and the spectacular sights of Hebbal lake. It is now regarded as a hub of luxury apartments in Bangalore. Developers here provide all the world-class amenities such as outdoor swimming pools, dedicated kids play area, clubhouse and yoga decks clubbed with the properties. The area has several schools, colleges, shopping malls and hospitals at a convenient distance.
Devanahalli in the north of Bangalore has seen a sharp increase of 2% in property rates as the average property price per square feet touched INR 5,256 last year. The area is well known for providing multiple options of inventory including some of the most premium 2 BHK and 3 BHK flats in Bangalore. The area’s proximity to the Kempegowda International airport has also elevated the location’s reputation amongst investors.
Things to keep in mind while investing in Bangalore
While purchasing real estate, the buyers must contemplate the future of that location. This factor will define the probable growth of the Bangalore real estate market which is expected to grow rapidly in the next fiscal year. According to real estate experts, a record number of properties are about to go for sale in Bangalore. The extension of the metro and the launch of a new network of metro lines will also boost the connectivity of the city.
According to experts, the Bangalore real estate market has proved its mettle by showing a decline rate of just 5% during the lockdown period last year. This decline is quite minimal when compared to other real estate markets in the country. Builders have been careful about launching new projects since the Corona pandemic and will consider numerous factors such as buyers’ budget and requirements, before the launch.
Q1. What are the top localities to buy a property in Bangalore?
Whitefield, Hebbal, Devanahalli, Sarjapur Road & Attibele are some of the top localities to buy a property in Bangalore.
Q2. Are there any ready-to-move properties in Bangalore?
There are about 31,000+ ready-to-move properties available in Bangalore.
Q3. How many new popular residential projects have been introduced recently in Bangalore?
There are roughly 17,000+ new popular residential projects that have been introduced in Bangalore.
Q4. Are there any new residential launches during this pandemic in Bangalore?
Yes, there are numerous new launched projects in Bangalore.
Q5. Is it a good time to invest in Bangalore real estate?
Bangalore's real estate market is currently extremely vibrant, with demand growing every month and experts advising that now would be the best time to buy because prices are still relatively low and have just recently begun to rise.
Q6. What is the location of Bangalore's city centre?
The core business district of Bangalore encompasses a 20-kilometer radius surrounding Vidhan Soudha
Q7. Which area comprises North Bangalore?
Banaswadi, HBR Layout, Hebbal, Hennur, Jakkur, Jalahalli East & West are all part of the North Bangalore region.
Q8. What is Bangalore's fastest-growing neighbourhood?
This clearly demonstrates that North Bangalore is one of the most rapidly rising neighbourhoods in the city, drawing major investors.
Q9. Is it a good idea to buy a house in Bangalore?
In comparison to cities like Mumbai or Delhi, where prices have risen dramatically over the years, the Bangalore property market has remained constant.
Q10. Is it worthwhile to invest in a property in Bangalore?
Yes, since the current trend of modernisation in Bangalore taking shape, it will be a terrific investment if you want to make money in the long term.
Q11. What are the top localities to buy a property in Bangalore?
Whitefield, Hebbal, Devanahalli, Sarjapur Road & Attibele are some of the top localities to buy a property in Bangalore.
Q12. Are there any ready-to-move properties in Bangalore?
There are about 31,000+ ready-to-move properties available in Bangalore.
Q13. How many new popular residential projects have been introduced recently in Bangalore?
There are roughly 17,000+ new popular residential projects that have been introduced in Bangalore.
Q14. Are there any new residential launches during this pandemic in Bangalore?
Yes, there are numerous new launched projects in Bangalore.
