Rising Localities In Bangalore For Property Investment
Best Affordable Localities In Bangalore For Rental Properties
Localities | Rental Values |
Hebbal | ₹ 8,000 - ₹ 1,20,000 |
Yelahanka | ₹ 18,000 - ₹ 1,10,000 |
Sarjapur Road | ₹ 10,000 - ₹ 1,00,000 |
Malleshwaram | ₹ 15,000 - 25,000 |
Kengeri | ₹ 8,000 - ₹ 26,000 |
Marathahalli | ₹ 12,000 - ₹ 80,000 |
Kanakapura | ₹ 12,000 - ₹ 28,000 |
Hoskote | ₹ 7,000 - ₹ 32,000 |
Hennur | ₹ 15,000 - ₹50,000 |
Thanisandra Main Road | ₹ 8,000 - ₹ 1,00,000 |
Localities | Prices |
Whitefield | ₹ 11,500 per sq. ft. |
Electronic City | ₹ 5,700 per sq. ft. |
Devanahalli | ₹ 7,800 per sq. ft. |
Yelahanka | ₹ 9,200 per sq. ft. |
Thanisandra Road | ₹ 10,500 per sq. ft. |
Koramangala | ₹ 15,000 per sq. ft. |
Indira Nagar | ₹ 15,000 per sq. ft. |
Hebbal | ₹ 12,300 per sq. ft. |
Malleshwaram | ₹ 11,900 per sq. ft. |
Bannerghatta | ₹ 11,200 per sq. ft. |
Sarjapur Road | ₹ 11,000 per sq. ft. |
Yeshwanthpur | ₹ 14,200 per sq. ft. |
Which are the posh areas in Bangalore?
Sadashivnagar, Koramangala, Whitefield, Indiranagar, Electronic City, HSR Layout, and Banashankari are some of the posh localities in Bangalore. They have well-laid infrastructure, civic facilities, excellent connectivity options, and remarkable commercial opportunities. Sadashivnagar is known to house celebrities and famous personalities.
What is the average salary required to reside in Bangalore?
The average salary required to reside in Bangalore could be between ₹ 40,000 - ₹ 1,20,000 per month for general homebuyers. The required salary completely depends on your lifestyle choices, location, project type, family members, etc. For students and young professionals, it is better to opt for a PG accommodation than renting a property.
Is it best to invest in Bangalore now?
Investing in Bangalore now will assure you of a lucrative return on investment and a good rental yield. The average property rates in Bangalore are assumed to grow by 8% by the year end. The rapidly growing infrastructure and extensive commercial corridor have made the city a thriving destination for residential investment. The Bangalore market still offers housing options at relatively lower rates than other markets. These housing segments will experience exponential price appreciation by 2030.
Which are the growing areas of Bangalore for property investment?
There are numerous emerging hotspots for residential investment in Bangalore. Sarjapur Road, Devanahalli, Yelahanka, Bellandur, KR Puram, Thanisandra, Yeshwanthpur, Hebbal, Panathur, etc. The areas are flourishing with ongoing infrastructure developments and have proximity to the key commercial hubs and IT parks.
Which is better for working professionals in Bangalore, PG or rented flats?
The newly migrated working professionals should consider staying in PG accommodations. PG is always an affordable option rather than renting an entire apartment. The rental properties near the IT hubs are costlier than on the outskirts. Thus, if someone is looking for a residence with excellent connectivity and nearby workplaces, then opting for a PG accommodation is the feasible option.
Sarjapur Road, Whitefield, Electronic City, Marathahalli, & KR Puram are some of the best areas to buy a flat in Bangalore.
Yes. Bangalore is great for real estate investment as it is home to excellent IT parks, educational universities, lush greens, top notch roads and metro lines, and good infrastructure. Many NRIs invest in Bangalore as well.
A few affordable localities in Bangalore are Shivaji Nagar, Hoskote, Hennur, Electronic City, & Hosur Road.
Below are a few luxury properties in Bangalore -
1. Assetz Marq 3.0, Whitefield
2. Puravankara Blubelle, Magadi Road
3. Prestige Primerose Hills, South Bangalore
4. L&T Raintree Boulevard, Bellary Road
After The Rain by Total Environment, Prestige Sanctuary, & Shriram Chirping Grove are some of the top projects that sell villas in Bangalore.
A few good projects with 1 BHK flats in Bangalore are -
1. Brigade Cornerstone Utopia, Whitefield
2. Godrej Park Retreat, Sarjapur
3. Provident Park Square, Kanakapura
4. Brigade Calista, Devanahalli Airport Road
Below are a few new properties in Bangalore -
1. Assetz Marq 3.0, Whitefield
2. Purva Blubelle, Magadi Main Road
3. Sobha Neopolis, Panathur Road
4. Bhartiya Nikoo Homes, Thanisandra
Devanahalli, Thanisandra, Yelahanka, Sarjapur, Electronic City, Hebbal, & Whitefield are a few localities in Bangalore that could be good for investment.
Here are a few affordable properties in Bangalore -
1. Godrej Splendour, Whitefield
2. Brigade El Dorado, Aerospace Park
3. Godrej Royal Woods, Devanahalli
4. Sowparnika Olivia Nest, Bagalur-Sarjapur Road
A few projects that offer good 2 BHK flats in Bangalore are -
1. Godrej Splendour, Whitefield
2. Prestige Finsbury Park, Aerospace Park
3. Sobha Dream Gardens, Bellahalli
4. Shriram WYTfield, Budigere Cross