In the last couple of years, the real estate market has changed as drastically as Bangalore has. The living population here continues to rise, as well as its like-ability factor among prospective movers. While its once famed all-year round fantastic weather may no longer hold true, it still remains comparatively pleasant. The continuous efforts by Bruhat Bengaluru Mahanagara Palike (BBMP), responsible for all infrastructural efforts in Bangalore, has seen the rise of vital highway projects and Bangalore Metro among several other. Though each has a completion date set a few years down the line, this is good news for the developing real estate market and upcoming areas. An investment in real estate this year guarantees good returns for the next three to five years.
Some of the best places to buy apartments in Bangalore remain characterised by various factors. While budget remains the frontrunner, weighing in on the optimum tri-factor of location, price, and area is a crucial and often a deciding factor. Several IT parks around the city have lead to the city naturally turning into a IT hub but also given areas a boost to grow that would have otherwise taken much longer. Residential apartments in Bangalore have remained popular in JP Nagar, Jaya Nagar and Bannerghatta Road but now even Kanakapura, Sarjapur Road, Whitefield, CV Raman Nagar, Hebbal, Whitefield, KR Puram, Electronic City and Yelahanka have joined the clique. Of these Hebbal and KR Puram show tremendous potential of growth with the former close to the Bangalore International Airport and the latter close to both Manyata Tech Park and Whitefield’s IT hub.
The completion of Bangalore Metro guarantees extra connectivity to these areas where reputed builders have upcoming projects. When completed, these projects will definitely see a rise in value which is why the trend of investing in upcoming projects has caught on in Bangalore. Some of the most recogonized and reputed builders in the city such as Century Real Estate, Brigade, Mantri, Total Environment and Nitesh Estates have dwelled years into expanding their portfolios and covered a variety of projects from commercial to residential.
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