To find the best places to invest or live, check factors like your budget criteria, market research, and assessment of performance, risk, portfolio, and diversity. Bangalore is the IT capital of India and holds great infrastructure growth. The real estate sector of Silicon City has emerged in the past few years as a real winner.
Despite the setback in 2021, real estate prices have not fluctuated much. Bills like RERA have favored builders, investors, and buyers. It has encouraged builders to come up with stunning projects. Due to the high demand, buyers are ready to invest in the Bangalore real estate market. The price appreciation and the proposed growth in infrastructure have turned the city into one of the best spots for real estate investment.
The city’s key pillars are its North, South, East, and West zones. Over the years, all these zones have seen crucial infrastructure growth. The North and East are the most happening zones of the city. Out of all the micro real estate markets in Bangalore, Hebbal saw the most growth of 11% increase, and was most interested by buyers.
The Yelahanka, Bellandur, IVC Road, and RT Nagar see the most growth. Other popular sites are Banashankari, Whitefield, Hennur, KR Puram, and ECity. Continue reading to get to know more about the most in-demand areas and what makes them so unique to invest in 2023:
North Bangalore
- Hebbal to Hennur are the most sought-after areas of the northern part of the city. It has exceptional housing projects to meet every buyer’s needs. It offers affordable to lavish flats and villas of various layouts.
- The zone includes many elevated expressways, metro lines, and flyovers via the ORR, NH-7, and PRR. The local buses are all viable options for a quick and easy trip to any location. Manyata Tech Park in this locale is the largest IT Tech Park.
East Bangalore
- A person's primary choice to live in Bangalore is to pursue professional chances with outstanding global corporations. Then East Bangalore strikes it the best. It is the finest blend of productive workspaces and a serene living environment. ITPL Tech Park is a prime spot that hosts IT giants like TCS, Volvo, SAP, and IBM.
- It holds a lot of expensive housing units for people who want to enjoy a peaceful outlook and a high-end living. East Bangalore is a blend of comfy, classic, and urban features. Whitefield is a well-established residential hub in the city. It is a prime spot for real estate and offers many housing options, from plush to affordable.
South Bangalore
- Looking for a house in the city’s dynamic hub, South Bangalore is a better choice. Famous for its historic districts such as BTM Layout, Silk Board Signal, and JP Nagar.
- It hosts many schools, IT firms, and fun zones. It attracts people of all ages and is a prime spot to live.
- Kanakpura Road benefits from excellent transit and hosts many retail spaces and lavish townships.
West Bangalore
- It is an attractive belt for real estate investors because it hosts the central hub for old Bangalore. Its property prices are lower than in North and East Bangalore.
- It also benefits from an enhanced transit network and has reduced traffic congestion. Kengeri is a satellite township where real estate impacts the growth around Mysore Road.
- It has seen proper industrial development and is now emerging as a shining hub for the real estate market. It has adequate structure and great transit facilities. It also has the finest housing and retail spaces.
Provident Manchester is a new prelaunch prime villa project. It is on IVC Road, North Bangalore. It is set over 14 acres of land. It offers stunning 3bhk villa houses at an initial price of 1.9 crores.
It provides 288 unique living units. The size range of these villas is around 1700 ft to 2300 ft. The project's launch date was October 2023. It will be ready by December 2027. It provides a grand and comfy township with European-themed features and designs.
Provident Housing pre launch project Provident Deansgate