Investing in real estate can be lucrative, especially in a city like Bangalore. Known as the Silicon Valley of India, Bangalore comprises a thriving job market, a booming IT sector, and expanding infrastructure. The apartments in Bangalore not only generate a consistent annual increase in overall property value but also secures a significant stream of rental income. Thus, the city offers numerous opportunities for real estate investors. In this blog, we will explore the top areas in Bangalore that hold immense potential for real estate investment.
- Whitefield (East)
As per a report by Knight Frank, a global real estate consultant, Whitefield is one of Bangalore’s neighborhoods that ranks high on the property investment scale. “It is a neighborhood that attracts both ex-pats and local buyers”, says the report. The locality has witnessed exponential growth in the past few years – especially after the metro connectivity. Its proximity to major IT parks like ITPL, business districts, and the presence of international schools and healthcare facilities have made it home to several commercial and residential projects. Due to its strategic location and expanding infrastructure, Whitefield is expected to witness continuous growth in real estate demand.Sumadhura’s residential projects like Folium and Sarang offer an attractive range of 2 and 3 BHK in Whitefield - Sarjapur Road (SouthEast)
Providing excellent connectivity to Marthahali and Whitefield, Sarjapur Road is rapidly emerging as a thriving neighborhood. Notable landmarks like The Forum Mall, Market Square Mall, and others add to its appeal. Furthermore, it is well connected to the ORR, Hosur Road, and SH 35. With an extensive range of entertainment options including malls, restaurants, theaters, and more, Sarjapur Road is an ideal choice for those seeking investment in Bangalore’s real estate market. - Yelhanka (North)
Knight Frank states that the North zone observed about “27% higher than the previous four half-yearly period average.” This is owing to the development of the Aerospace Park, Devanahalli Business Park, and other SEZ and non-SEZ developments. In this zone, Yelhanka emerges as a particularly lucrative location. Proximity to Kempegowda International Airport adds to the charm of this neighborhood. The presence of the GKVK Campus and easy access to railway and metro stations further boost Yelhanka’s appreciation potential. Its affordability compared to other locations is also a major draw. From flats to villas – you will find a wide array of residential projects in this location.Flats in Yelhanka New Town like Sumadhura Sushantham offer both comfort and luxury to its residents. - Electronic City (South)
According to Knight Frank, in the first half of 2023, the southern zone of the city continued with about 39% of residential sales. This growth is predicted to continue in the second half of 2023 due to the presence of key tech parks, start-up hubs, and other employment clusters. This zone includes Electronic City, which as the name suggests, is home to several IT companies like BHEL, Wipro, Infosys, and others find their home. The presence of these firms, educational institutes, healthcare facilities, etc., attract numerous residential projects to the area, making Electronics City one of the most profitable neighborhoods for real estate investment. - Bannerghatta Road (West)
Being one of the city’s oldest neighborhoods, it boasts a plethora of well-established academic institutions, hospitals, and other essential amenities. Bannerghatta National Park and Zoo as well as seamless access to NICE Road further amplifies the attractiveness of Bannerghatta for prospective real estate investors.
From established neighborhoods to emerging residential areas, Bangalore always offers a variety of options for investors seeking capital appreciation and rental income. In the first half of 2023 alone, the city witnessed an 11% growth in the launch of new residential units. As Bangalore continues to evolve as a key IT and business hub, real estate prospects flourish across the city.
Beyond the curated list of our top 5 picks, an array of options like residential flats in Panathur, Hennur, Kannakpura, Kengeri, and more offer great investment potential. However, while you’re working to secure your investment dreams remember to conduct thorough research before investing. Each locality has its unique pros and cons, and their suitability depends on whether they meet your aspirations.
