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

Leave a Reply

Your email address will not be published. Required fields are marked *

Recent Posts

3D Rendering Terminology: Guide For Architects to Communicate With CG Artists 3D Rendering Terminology: Guide For Architects to Communicate With CG Artists
Tech1 week ago

3D Rendering Terminology: Guide For Architects to Communicate With CG Artists

When chipping away at a building representation project, a modeler and a 3D delivering worker for hire need to see...

Learn and Become A Professional DevOps Engineer! Learn and Become A Professional DevOps Engineer!
Tech2 weeks ago

Learn and Become A Professional DevOps Engineer!

Have you been having a tough time deciding what you want to do when you grow up? Once your school...

Debunking The Common Myths About Cosmetic Surgery Debunking The Common Myths About Cosmetic Surgery
Health2 weeks ago

Debunking The Common Myths About Cosmetic Surgery

Just a few years back, plastic surgery was thought to be some kind of sorcery or something that existed in...

Home Improvement3 weeks ago

How to Choose The Right Type Of Flooring For Your New Home

Building a house from scratch can be a tedious and stressful process even though you know you are doing something...

3 Ways To Style An Oversized White Shirt This Summer 3 Ways To Style An Oversized White Shirt This Summer
Lifestyle3 weeks ago

3 Ways To Style An Oversized White Shirt This Summer

If there is one staple item you need ready for your summer wardrobe, it’s an oversized white shirt. They are...

5 Tips For Picking The Perfect Wedding Ring 5 Tips For Picking The Perfect Wedding Ring
Lifestyle3 weeks ago

5 Tips For Picking The Perfect Wedding Ring

Your big day is coming up for your wedding day and you set the standards too high with your engagement...

What's That Thing Called? All You Need to Know About Your Car's Lift Struts What's That Thing Called? All You Need to Know About Your Car's Lift Struts
Autos3 weeks ago

What’s That Thing Called? All You Need to Know About Your Car’s Lift Struts

Imagine you’re out for grocery shopping or a weekend outing with family, and you need to load your shopping or...

10 Places to Explore In Ahmedabad Gujarat India 10 Places to Explore In Ahmedabad Gujarat India
Travel3 weeks ago

10 Places to Explore In Ahmedabad Gujarat India

In the state of Gujarat Ahmedabad or Ahmedabad is a significant region and one of the very prominent city areas...

Men’s Top Fashion Trends To Be Following Spring/Summer 2021 Men’s Top Fashion Trends To Be Following Spring/Summer 2021
Lifestyle4 weeks ago

Men’s Top Fashion Trends To Be Following Spring/Summer 2021

With us all being in lockdown on and off for a year, people are starting to get excited for the...

Find Blog Post Ideas Using Google Keyword Planner Find Blog Post Ideas Using Google Keyword Planner
Marketing4 weeks ago

Find Blog Post Ideas Using Google Keyword Planner

Being a successful blogger means that you have to create captivating and original content that will be helpful to your...

Best Vegan Egg Alternatives For Baking Best Vegan Egg Alternatives For Baking
Life Hacks4 weeks ago

Best Vegan Egg Alternatives For Baking

In recent years there has been a dramatic increase in veganism due to its numerous health benefits. People are much...

7 Smart Storage Solutions For A Small Bathroom 7 Smart Storage Solutions For A Small Bathroom
Home Improvement1 month ago

7 Smart Storage Solutions For A Small Bathroom

A small bathroom can be such a nuisance. You never have the space you need and everything seems to be...

What Are The Better Ways Of Building Data Lakes? : The Right Way Is Critical What Are The Better Ways Of Building Data Lakes? : The Right Way Is Critical
Tech1 month ago

What Are The Better Ways Of Building Data Lakes? : The Right Way Is Critical

The pattern is the main period that each enterprise needs to be conscious of if they need to generate greater...

Everything You Need to Think About Before The Road Trip Everything You Need to Think About Before The Road Trip
Autos2 months ago

Everything You Need to Think About Before The Road Trip

Road trips are perhaps the most flexible vacation format: they can be as long or fast, intense or relaxed, planned...

Justice Law In Rural Area: Keep Community Feels Secure Justice Law In Rural Area: Keep Community Feels Secure
Law2 months ago

Justice Law In Rural Area: Keep Community Feels Secure

In order to strive and keep on progressing forward, the judiciary system plays an important role in instituting trust within...

Categories

Archives

Trending