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

Finance15 hours ago

Tips For Selecting Best Pre-settlement Funding Company

Are you trying to find one of the best pre-settlement funding companies, but you are not aware of the factors...

Business19 hours ago

Wish to Ensure Improved Customer Experience? Use the Innovative Salesforce Customer 360 Data Manager

Salesforce, during the latest conference at Connections 2019, announced that it would be launching a service that would be dedicated...

General2 days ago

Building Your Website with WordPress Themes: Do’s and Don’ts

Why Opt For WordPress To Build Your Website? The first thing to know is what exactly WordPress development is. It...

Business2 days ago

Heralding the Next Phase of Advanced AI

With the advancements in tech gaining a new blazing-fast pace, the world has been changing more rapidly than ever in...

Business5 days ago

What Are the Different Wedding Photography Styles?

In wedding photography, the main focus is on the wedding couple. After all, the whole event revolves around these two...

Business5 days ago

7 Reasons Why You Need to Hire a Professional for Your Video Marketing Campaign

Benefits of Video Production Companies Did you know that companies using video content experience a 41% increase in traffic through...

Business6 days ago

Examining 5 Latest Trends in Packing Design

Businesses that don’t carefully plan their packaging design are setting themselves up for failure. All of the trends in packing...

Home Improvement7 days ago

5 Contractors Every Homeowner Should Have on Speed Dial

Being a homeowner or a landlord are particularly responsible tasks. There are many things that can go wrong but these...

Business1 week ago

How does Blockchain Help to Enhance Security for your Business?

Blockchain technology has been associated with cryptocurrencies for the most part. But it plays such an essential role in cybersecurity...

Comparium-Automated-Website-Testing-Tool-780x470 Comparium-Automated-Website-Testing-Tool-780x470
Tech1 week ago

Comparium : Automated Website Testing Tool

Nowadays, growing an online business is not an easy task due to the higher competitors available in the market. You...

Travel2 weeks ago

Seven Awesome Family-Friendly Places to Visit This 2020

Family trips should be an annual thing, don’t you agree? It’s during those moments that we make the best memories....

tungsten wedding tungsten wedding
Lifestyle3 weeks ago

How to choose the perfect tungsten wedding band

Rings are important for every wedding. That’s how they symbolize the promise that people make to stay together forever. You...

Sketching Techniques Sketching Techniques
Lifestyle3 weeks ago

10 Basic Sketching Techniques For Beginners

Lacking the gravitas as that of oil paints, pencil may not seem a showy artistic medium to many. However, if...

trends for retailers trends for retailers
Business3 weeks ago

2020 CRM Brings Must-Have Trends for Retailers

There is no end to customer’s expectations. If you are already providing a premium product, they will expect from you...

Experience of the Game-1 Experience of the Game-1
Tech3 weeks ago

FitGirl: Games for Re-repacking

So after you have a game’s introduction documents, you have numerous different parts that everyone probably won’t need. You’ll have...

Categories

Archives

Trending