Bangalore has seen a sharp increase in real estate investment in recent years. Due to Bangalore’s desirable climate, diverse population, and technological prowess, real estate is in high demand. The city’s real estate market is expanding, making it a sought-after destination for locals and visitors.
In a vibrant city like Bangalore, thinking about investing in real estate is both exciting and nerve-wracking. Follow this checklist, a thorough, step-by-step guide for purchasing land. It will help you to know the best place to buy residential plots in Bangalore. As you search for top areas to buy plots in Bangalore, keep this reliable checklist close. This will ensure that you don’t forget anything.
Also Read: 15 most expensive area in bangalore
Factors Influencing Plot Purchase Decisions
When buying residential plots in Bangalore, it’s essential to have a thorough understanding of the numerous factors. They have an impact on your future quality of life and return on investment.
Infrastructure and Connectivity
Ease of access to public transportation is crucial when figuring out the market value of residential plots. New metro lines, flyovers, and road extensions are among the accessibility and economic value improvements. Real estate close to these new developments can be very expensive.
Amenities and Facilities
Look at the distances to nearby banks, grocery stores, hospitals, schools, and other locations. Being close to top-notch healthcare and educational options improves both quality of life and property value.
Future Growth Potential
Bangalore’s established neighborhoods should benefit from the city’s continued growth since these areas have room to grow. Putting money into a business that has a bright future can be very profitable.
Top areas to buy plots in Bangalore
1. Hebbal
The Hebbal area in northern Bangalore is quickly gaining popularity. It is one of the best localities for buying plots in Bangalore. Hebbal is a promising place to live and invest in real estate because of its convenient location. It has excellent public transportation and forthcoming amenities.
Key features
- Proximity to the important Kempegowda International Airport.
- Access to the Central Business District and other areas via the Outer Ring Road (ORR).
- Homes in all price ranges and styles are available.
- Future Facilities: Aerospace Parks and the Aeropopolis Aerotropolis usher in a new era of prosperity.
- Average home price -Rs. 9897/sq.ft.
2. Sarjapur Road
Real estate investors swarm to Bangalore’s southeast suburbs’ of Sarjapur Road to capitalize on it. It is one of the best places to buy residential plots in Bangalore. Due to its convenient location and expanding significance in the IT industry, it has been gaining popularity.
A sizable residential enclave has grown in the area as a result of the influx. Residents and workers in the industry will benefit from a thriving economy and easily accessible public transportation thanks to the area’s high concentration of IT companies.
Key features
- The approval of the Peripheral Ring Road (PRR) by the central government.
- Completing this project could reduce congestion and link up the city’s northern and southern neighborhoods.
- Various housing choices make it accessible to people of all ages, cultures, and socioeconomic backgrounds.
- Serves as a hub for a variety of financial markets
- Average home price -Rs. 6,575 /sq.ft.
3. HSR Layout
Due to its convenient location, HSR Layout is among the Best localities for buying plots in Bangalore. The neighborhood has the ability to accommodate a wide range of families. Therefore, it is a welcoming place to live.
HSR Layout has strategically positioned itself as a major player in the city’s real estate market.
Key features
- Locality in a suburb of south-east Bangalore, India. It lies in the Bommanahalli constituency of State assembly
- Convenient location in the heart of the city.
- The abundance of reasonably priced housing options.
- With the addition of metro stations like Jayanagar and Indiranagar, HSR Layout is now more accessible.
- Average home price -Rs. 12,515 /sq.ft.
4. Tumkur
Tumkur Road reveals a fresh and exciting world of investment opportunities in the West Bengaluru market. The prominence of the industrial hub makes it one of the Best localities for buying plots in Bangalore.
Key features
- Simpler to travel to the airport and other important locations through PRR.
- When complete, the PRR will greatly improve accessibility to the city’s downtown.
- Long-term investors may find Tumkur Road to be an appealing entry point.
- It offers affordable land prices and impending infrastructure improvements.
- Average home price -Rs. 3100 /sq.ft.
5. Whitefield
As the best place to buy residential plots in Bangalore, Whitefield is a vibrant center of resonance. It strikes the right balance between prosperous businesses and peaceful residential areas. This multicultural area is prospering.
The current economic environment in Whitefield is dynamic because it includes both well-known IT juggernauts and startups. All socioeconomic backgrounds are drawn to the area’s low prices as buyers and investors.
Key features
- The Purple Line of Namma Metro Phase 2 will make it easier to travel, increasing Whitefield’s appeal.
- Morning train service between Majestic and Whitefield, provided by South Western Railways, has significantly improved traffic flow.
- Due to its expanding availability and commitment to enhancing people’s lives, it is a great investment opportunity.
- Average home price -Rs. 7231 /sq.ft.
6. Malleshwaram.
One of Bangalore’s oldest and best-planned neighborhoods, it is located in the city’s quaint northwest corner. Over time, Malleshwaram has transformed into one of the top areas to buy plots in Bangalore.
Key Features
- A number of prestigious educational institutions – Mes Kishore Kendra, MLA College, and Cluny Convent.
- Hospitals and other medical facilities – Medinova Centre, Columbia Asia Referral Hospital, and Manipal Hospital.
- Closeness to Kempegowda International Airport.
- Sampige Road is well-known for the 11th Cross Flower Market.
- The prestigious restaurants that line its neighboring Margosa Road draw tourists and locals.
- The Mantri Square Mall, Reliance Fresh, Malleshwaram Market, and World Trade Center enhance the shopping experience.
- Average home price -Rs. 7231 /sq.ft.
Also read: Exploring options between purchasing or renting a property?
Conclusion
Buying a plot in one of the top areas to buy plots in Bangalore is a long-term investment. This Propex Checklist is a roadmap to the best place to buy residential plots in Bangalore. Our search for the Best localities for buying plots in Bangalore didn’t disappoint.
Each of these places has a distinct past, present, and personality. With this information, you can put an end to your worries and work toward your goals. Begin your journey in Bangalore now!
