Bangalore is more than just a place; it’s a way of life. It is a thriving and promising metropolis because of its modern culture and excellent standard of living. Bangalore has a very hospitable climate. Although pleasant in every season, summer is particularly pleasant.
Many people in search of a fresh start travel to Bangalore. As a result, the demand for places to live and conduct business has shot through the roof. Housing, commercial, and employment opportunities in Bangalore are all becoming more scarce as the city’s population rises. You can satisfy this need while reaping financial rewards by investing in real estate.
This blog will provide an in-depth analysis of the exciting Real Estate Investment Opportunities in Bangalore. We’ll discuss the many positives of investing in Bangalore.
Types of Real Estate Investment Opportunities in Bangalore
Bangalore’s real estate market is like a buffet. There’s something for everyone’s tastes and needs.
1. Residential properties
Apartments, single-family homes, and vacant lots are all viable real estate options in Bangalore.
The ‘Whitefield’ is a premium residential area of Bangalore. It is a popular pick amongst working professionals thanks to its convenient location and high-quality-of-life.
Average sale prices
Houses – Rs. 29,00,000 onwards
Amenities
- Educational institutions – St Joseph’s Convent School, Sathya Sai Institute Of Higher Medical Sciences
- Healthcare – Narayana Multispeciality Hospital
- Transportation -Whitefield Railway Station
- Shopping complex – Inorbit Mall, Forum Value Mall
2. Commercial property investment in Bangalore
The property price trend in Bangalore’s commercial real estate is strictly for commercial purposes. Offices and retail locations are where businesses make their presence felt. As Bangalore’s tech sector continues to grow, there is a high demand for new office space.
Rents paid by businesses are a reliable source of income, making commercial real estate an attractive investment. Brigade Towers, the company’s premier project, foresaw the need for office space in 1986.
Brigade is a builder of high-end office spaces in and around Bengaluru. It offers investors and business owners great real estate investment opportunities in Bangalore. It has over 12 million square feet of office space in various stages of development.
The biotechnology and pharmaceutical sectors are also burgeoning, with numerous research institutions and biotech parks attracting businesses involved in research, development, and manufacturing. The expanding consumer market in Bangalore presents opportunities for e-commerce platforms, retail businesses, and logistics services, driven by a population with high disposable income.
Real estate and construction continue to be lucrative sectors as the city expands, creating demand for residential and commercial spaces. Healthcare services, education, tourism, and hospitality also offer promising prospects, catering to the diverse needs of Bangalore’s population.
Moreover, the focus on sustainability opens doors in renewable energy and smart city solutions. Entrepreneurs and investors navigating Bangalore’s business landscape should consider the city’s dynamic market, tech-driven innovations, and the ever-evolving preferences of its cosmopolitan population when exploring these abundant business opportunities.
Mixed-use buildings combine residential and commercial components. These areas are similar to small towns, providing housing, commercial space, and retail services. As people in Bangalore look for ways to simplify their lives, this idea is catching on.
Apartments, offices, and retail space coexist in one building at ” Prestige Meridian Park.” This helps people with different requirements. It also makes the neighborhood more dynamic.
Also Read: Checklist for selling a property
Best areas to invest in Bangalore
1. Electronic City
Electronic City is a bustling IT hub in southern Bangalore that draws professionals nationwide. There are plenty of convenient modern conveniences, such as stores, schools, and hospitals, in this area.
The elevated expressway and the planned metro connections will make getting around the city a breeze. There is an influx of IT professionals and tech companies, which bodes well for property value growth.
Average sale prices
Rs. 28,00,000 onwards
Amenities
- Educational institutions -PES Institute of Technology, Xavier Institute Of Management & Entrepreneurship, IFIM Business School,
- Healthcare – Vimalalaya Hospital.
- Transportation -Heelalige Railway Station.
- Shopping complex – Mahindra Millennium Mall, MMR Shopping Complex, and Neo Mall.
2. Devanahalli
Devanahalli, the neighborhood surrounding Kempegowda International Airport, has experienced a boom recently and is currently one of the best areas to invest in Bangalore. The region has recently seen the construction of hotels, hospitals, and other tourist attractions.
Investments in Devanahalli may grow in value over time due to the region’s potential for development. This will lead to a change in property price trends in Bangalore.
The notable projects that adorn this landscape include Hiranandani Cypress and Brigade Orchards Parkside. These projects make it one of the best areas to invest in Bangalore today.
Average sale prices
Apartments – Rs. 39,90,000 onwards
Amenities
- Educational institutions -Nagarjuna College of Engineering and Technology, Daffodils School, Akash International School, Cambridge Institute of Technology.
- Healthcare – Akash Hospital
- Transportation -Devanahalli Railway Station
- Shopping complex – D-Mart.
3. Sarjapur Road
Sarjapur Road has quickly elevated to one of the best areas to invest in Bangalore. Sarjapur Road successfully combines the best aspects of urban and outdoor living.
The already-existing Peripheral Ring Road and the upcoming Outer Ring Road contribute to the city’s accessibility. Home prices in the area are rising because of an influx of professionals and IT companies.
Average sale prices
Rs. 35,00,000 onwards
Amenities
- Educational institutions – Bangalore Technological Institute, St.Johns Medical College.
- Healthcare – Columbia Asia Hospital
- Transportation – Carmelaram Railway Station
- Shopping complex – Bengaluru Central Mall
4. Thanisandra
North Bangalore’s Thanisandra is a residential haven and one of the best areas to invest in Bangalore, Thanisandra Main Road. For investors, it is the prime location and proximity to important hubs in this developing area.
Thanks to Manyata Tech Park, Thanisandra is now appealing to a sizable number of IT professionals. Due to Thanisandra’s proximity to important technology centers, its inhabitants can balance work and personal lives well.
Average sale prices
Houses – N/A
Apartments – Rs. 10,000 per square foot onwards
Amenities
- Educational institutions – Kensri School, Rajiv Gandhi Institute of Technology
- Healthcare – Christ Super Speciality Hospital
- Transportation – Banaswadi Railway Station
- Shopping complex – Elements Mall
5. Yelahanka
Yelahanka, a neighborhood outside of Bangalore in the north, is becoming well-known as a place to invest. It is because of its superior physical infrastructure and diverse population the property price trend in Bangalore is changing drastically.
It is in a very convenient location. It is only 14 kilometers from the city center and close to the airport. Major roads like Yelahanka Road and NH-44 make traveling to all city areas simple.
Long-term investors find it appealing due to its potential for expansion and appreciation.
Average sale prices
Rs. 3173 per square foot onwards
Amenities
- Educational institutions – MVM Institute Of Nursing School, Presidency University
- Healthcare – Omega Multispeciality Hospital
- Transportation – Yelahanka Railway Station
- Shopping complex – Kirloskar Business Park
Conclusion
We’ve seen that every area of Bangalore has its special combination of conveniences, expansion opportunities. Bangalore is a major hub for technology and real estate investment.
Real estate investment opportunities in Bangalore have options for everyone, whether you’re a first-time buyer or an experienced investor. You’ll be able to make a better investment decision if you keep your long-term objectives in mind.
