Bangalore, the Silicon Valley of India, has reached new heights in its real estate industry soon after its development as the IT Hub of the country. The city has seen a commendable growth in the field of infrastructure and commerce. Whether it is a 1 BHK or 3 BHK Apartments for Sale in Bangalore, it has received much attention from both NRI and the local investors of India. Over the years, a few localities of Bangalore have risen as the topmost areas to invest in:
When talking about the posh areas of northern Bangalore, Hennur is the first name that comes on our list. Close proximity to the international airport is the main reason why it is considered the most preferred location by the investors. One can find a wide range of 1 BHK Apartments for Sale in Bangalore in this locality as well as those in 2 BHK and 3 BHK configurations. The prices of such properties have escalated through the last decade and are expected to see 15-20% growth in the coming year.
The main factor contributing to the growth of 2 BHK Flats for Sale in Bangalore is due to such rapidly developing localities like Electronic City, Whitefield and Koramangala. These are the nerve centers of economic and commercial activity in the city and residential property in these locations. People want affordable residential options near their work locations and several builders make such homes available to them in Sarjapur.
Being a well-developed location adorned with world class civic amenities, Indira Nagar is counted among the most favored residential locales in the city. It is surrounded by a few prime locations like Vimanapura, Byappanahalli and Ulsoor and has recorded a tremendous growth in the investment values. Schools, colleges, financial institutions, hospitals and ATMs- all are located nearby.
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Devanahalli is noted to be developed as an upcoming IT Hub in the city after Whitefield. The main attraction of the locality is the Devanahalli Business Park which is a multi billion dollar establishment. A 1000 Cr financial center is also coming up in the area. These reasons lead to the abundance of 1 BHK Apartments for Sale in Bangalore.
This locale is also counted among the posh localities given the hip lifestyle it offers. The property values see a 10-15% increase year-on-year which shows that the location is quite good from investment point of view. It is the largest locality of Bangalore and was also counted among the 50 best investment locations of India.