Connect with us

Home Improvement

Silicon Valley Of India: Hottest Place For Property Investments

Silicon Valley Of India: Hottest Place For Property Investments

Bengaluru or the ‘Silicon Valley of India’ is the third largest city of India. With software companies finding East Bangalore too crowded, North Bangalore is housing some of the biggest names in the IT sector like IBM, Cognizant etc. Along with IT Companies, and some of the most eminent names of the realty sector like the Embassy Group, Mantri Developers and so on have also expanded in the Northern part of Bangalore. Therefore, Northern Bangalore is being known as both a new IT hub and a real estate center of Bengaluru. Let us find out the top 5 areas for property investors looking to invest in a flat for rent in Bangalore. 

Silicon Valley Of India: Hottest Place For Property Investments

Along with being the software hub of India, Bangalore has always been on the list of most preferred city for property investments. Out of all the regions in Bangalore, North has been and continues to be the most likeable locality for both IT Companies like the IBM and the realty giants like Mantri Developers.

Reasons why North Bangalore is gaining future landlords’ attention

Kempegowda International Airport

The international airport, which is only 40 km. from the center of the city is expected to achieve 55 million commuters yearly by 2029-2030 and nearly one million tons of freight movement. The airport is based in North Bangalore, making the area suitable for investors.

ITIR [Information Technology Investment Region]

The expected ITIR will be based in the Northern region in a smallest amount area of approximately 40 Sq.kms. it might include Industrial Parks, Special Economic Zones, Free trade, Warehousing zones and Export oriented units. It is expected to be a mix of environmental protection mechanisms, production units, and administrative services residential areas with premium infrastructure.

Bengaluru Aerospace Park

BAP is in the process of being launched as premium aerospace hub, based adjoining Bengaluru International Airport in North Bangalore. It will be a 985 acres facility reachable by some top national highways. NH7, NH 4 and NH 207, it is also expected to contain 252 acres of SEZ in its boundaries.

5 most likeable places to invest in North Bangalore for high rental returns –

Hebbal

The new monorail development and a high speed rail network plus the Bangalore metro is expected to increase the connectivity of Hebbal with other regions. The area encompasses various companies and provides easy reach through flyovers that connects ORR (Outer Ring Road) and NH-7. Property cost range is between Rs 5814 to Rs 7000 per sq.ft.

Devanahalli

The area being very close to the Airport, three projected IT parks and an anticipated 4 lane highway, turns it into a very beneficial option for investment. The region houses educational institutions, health care centers etc. The cost per sq ft in Devanahalli from Jan to March 2014 was Rs 3375 – 4113.

Yelahanka

It is one of the most important residential hubs for premium to luxury housing. The area has significant colleges. Because of the immediacy with IT parks, the area is observing continuous demand of housing. The property range in Yelahanka differs from Rs 4637 to Rs 5000 sq ft.

Doddabalapur Road

The projected Information Technology Investment Region (ITIR), Aerospace Park and Planned Peripheral Ring Road are making the residential areas in Doddabalapur Road a favored place. The property cost varies from Rs 3749 to Rs 4500 sq ft.

Hennur Road

It is directly linked with the Airport and has enthused large returns from past few months. Because of the availability of the luxury estates, it demands a high price. Being a few minutes’ away from the city’s center and close to the Airport is expected to give better returns in coming years. The property prices are Rs 22,903 to Rs 30,000 sq yard.

North Bangalore is one of the most prime locations in the area. However, before you invest in a property there, make sure the developer is giving you a value for your money and a promise of high returns.

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Recent Posts

Travel4 hours ago

5 Tips For Getting Around in Vegas

Las Vegas is always on most travelers’ to Do list. Travelers to Las Vegas usually choose to fly. Many airlines...

Education11 hours ago

5 Different Engineering Degrees You Can Study

Engineering is no longer the fearsome career path it once might have been. Engineering courses of study and achievement of...

Home Improvement4 days ago

Sparks and Smoke: 6 Signs Your House Needs Rewiring

If you bought an existing home, it’s likely the wiring was done a long time ago. Over the last few...

Autos5 days ago

Master Mechanic: How to Learn More About Your Vehicle

Driving a vehicle on a regular basis is one thing. Understanding how it works, however, is a whole other ball...

packers and movers packers and movers
Home Improvement6 days ago

Tips to choose packers and movers to help move your office space

Numerous moving companies in India help make your move to any city as smooth as possible. They offer quality and...

Health7 days ago

Enjoy Responsibly: The Safest Methods for Using Cannabis

As cannabis is becoming more and more legalized across the nation, people are becoming more curious about its uses. With...

moving services in Toronto moving services in Toronto
Home Improvement7 days ago

Tips on finding moving companies in Toronto providing comfortable moving services

Moving to an interstate location shall be stressful, especially if you are about to relocate on your own. Hiring professional...

Autos2 weeks ago

Choosing the Right Tail Lights for Your Car or Bike

If you need new tail lights for your car or bike, you’ll want to take several factors into consideration so...

End of lease cleaning in Melbourne End of lease cleaning in Melbourne
Home Improvement2 weeks ago

End of lease cleaning in Melbourne – Move in and Move out easily

If you are a tenant, you are sure to be aware of the fact that you get to move into...

team in Sydney team in Sydney
Lifestyle2 weeks ago

Tips in finding a trustworthy removalists team in Sydney

Relocating to a newly rented or leased house space can be a tedious and time-consuming process to perform on your...

Lifestyle2 weeks ago

4 Fashion Additions to Complete Your Outfit

A wonderful outfit can make you appear and feel like someone who can conquer the world without even breaking a...

Autos2 weeks ago

How to Go about Selling an Old Car for Parts

Selling an old car for parts is easier than most people realize, and your junker could be worth quite a...

Business3 weeks ago

4 Things to Consider Before Choosing a Feed Tank for Your Manufacturing

In every day manufacturing you may find that you need a feed tank for your operation. Selecting the right feed...

Tech3 weeks ago

How to Find a Phone that Fits your Needs

Are you looking to buy a phone that may suit your needs without poking a hole in your wallet? You...

Lifestyle4 weeks ago

Elegant Dinner: 4 Ways to Fancify Your Next Get-Together

Throwing a social gathering in the comfort of your own home can be a joy. If you want your upcoming...

Categories

Archives

Trending