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

4 Reasons to Replace Your Car's Engine With Performance Parts 4 Reasons to Replace Your Car's Engine With Performance Parts
Autos1 day ago

4 Reasons to Replace Your Car’s Engine With Performance Parts

Performance parts are the best kind of upgrades you can make to a car. Performance cars have a higher price...

Maximum Power: Update Your Old House For Modern Electrical Needs Maximum Power: Update Your Old House For Modern Electrical Needs
Home Improvement5 days ago

Maximum Power: Update Your Old House For Modern Electrical Needs

An outdated electrical system can wreak havoc on your energy bills and greatly increase your risk of structural damage. If...

Key Techniques To Learn On A First Aid Course Key Techniques To Learn On A First Aid Course
Health2 weeks ago

Key Techniques To Learn On A First Aid Course

Introduction First aid training is an incredible qualification that can enable one to offer life saving assistance in an emergency....

Best Tips For Managing Your Building and Construction Projects Best Tips For Managing Your Building and Construction Projects
General3 weeks ago

Best Tips For Managing Your Building and Construction Projects

Building and construction projects consist of many tasks, from job-site duties to office paperwork. Juggling it all can oftentimes be...

How To Choose The Best Locksmith For The Job How To Choose The Best Locksmith For The Job
Home Improvement3 weeks ago

How To Choose The Best Locksmith For The Job

The existence of a locksmith is very crucial for society because they help out countless people on a daily basis....

5 Modern Conservatory Ideas To Create A Serene Escape 5 Modern Conservatory Ideas To Create A Serene Escape
General1 month ago

5 Modern Conservatory Ideas To Create A Serene Escape

Having a serene and relaxing conservatory is the dream, especially in the summer months. Creating an extension of your home...

4 Different Types Of Lifting Equipment For A Construction Site 4 Different Types Of Lifting Equipment For A Construction Site
Business1 month ago

4 Different Types Of Lifting Equipment For A Construction Site

One of the biggest challenges on a construction site is the problem of lifting heavy materials and tools to a...

5 Tips That Can Help Your Business Flourish 5 Tips That Can Help Your Business Flourish
Business1 month ago

5 Tips That Can Help Your Business Flourish

Many, both small and big, businesses were affected by the outbreak of the novel coronavirus, no one was spared. Overnight,...

Why First Aid Training Is Essential For Your Business Why First Aid Training Is Essential For Your Business
Education1 month ago

Why First Aid Training Is Essential For Your Business

Introduction All employers, depending on the establishment, should organize and provide basic appropriate conditions for lunch breaks as well as...

Are You Covered? Tips For Finding Affordable Health Insurance For Your Whole Family Are You Covered? Tips For Finding Affordable Health Insurance For Your Whole Family
Lifestyle1 month ago

Are You Covered? Tips For Finding Affordable Health Insurance For Your Whole Family

If you are in the market for health insurance, you may be overwhelmed by the many different features and the...

How to Prevent Potential Hazards In A Lab How to Prevent Potential Hazards In A Lab
General1 month ago

How to Prevent Potential Hazards In A Lab

Unfortunately, lab accidents can happen. When they do, the consequences can be very serious. Some of the most common lab...

How to Extend Your UK Spouse Visa How to Extend Your UK Spouse Visa
Travel2 months ago

How to Extend Your UK Spouse Visa

The UK spouse visa is also known as a UK marriage visa. The UK spouse visa allows married partners of...

How Best Is Automation Helping The Retail Industry to Survive? How Best Is Automation Helping The Retail Industry to Survive?
Business2 months ago

How Best Is Automation Helping The Retail Industry to Survive?

“In the post Covid-19 world, the only place cos are willing to invest is in automation. The return on investment...

Best Artificial Intelligence Trends to Watch Out In 2021 Best Artificial Intelligence Trends to Watch Out In 2021
Tech2 months ago

Best Artificial Intelligence Trends to Watch Out In 2021

Technologies are getting advanced day by day, and according to that, the developers and the mobile app development companies should...

Keeping Your Assets Safe — Crypto Insurance May Soon Become The Norm Keeping Your Assets Safe — Crypto Insurance May Soon Become The Norm
Markets & Finance2 months ago

Keeping Your Assets Safe — Crypto Insurance May Soon Become The Norm

Many people all over the world have compared the cryptocurrency market to the wild West, largely because of the fact...

Categories

Archives

Trending