Top 5 Developing Areas To Invest in Real Estate in Bangalore

In Bangalore, the best people are sought after, the name of a city that has undergone significant changes. Bangalore is based on a "can-do" attitude that has embraced transformation while maintaining its core principles. Locals in Bangalore are genuinely committed to change, which is why it has become a major metropolis.

The best start-ups in the world can be found there. Coupled with the fact that the city is one of the world's top startup hotspots, this means there are a lot of luxurious apartments, villas, and plots for people seeking more affordable lodgings. With so many options for real estate, choosing the best choice can be a challenging task, but our article helps.

Here is a list of the top 5 locations in Bangalore to consider as a home buyer, real estate agent, or developer for investment.

There is a magnificent residential and commercial hub around the site of Hebbal Lake, a prominent area in North Bangalore. The Hebbal area is one of Bangalore's primary real estate investment areas, with spectacular views of Hebbal lake and impressive towers and penthouses. There are a heated indoor pool, a hot tub, a kids' play area, clubhouses, and more, to make your stay as pleasant as possible.

The area is adjacent to many institutes of higher learning, leading research facilities, and bustling business districts. Jobs opportunities in the area have increased because of the presence of major tech parks, such as the Manyata Tech Park. In order to create an IT SEZ for Rs 2,080 crore, L&T has given the go-ahead for two projects, totaling 17 acres of land at two locations in Byatarayanapura. At the two sites are respectable colleges and shopping malls. Hebbal's close proximity to prestigious schools in the region, such as St. Joseph's Boys and girls colleges, as well as to Bangalore International Airport, has contributed significantly to its growing appeal.

Yelahanka Satellite Town, also known as Yelahanka New Town, is Yelahanka's new face in Bangalore since Kempegowda International Airport opened. Yelahanka Central and DMart Yelahanka are a few of the biggest shopping and supermarket chains in the area, along with Garuda Yelahanka and RMZ Galleria Mall.

The well-established corporate and residential hub of Whitefield is a goldmine for those seeking higher standards of living. A growing number of ready-to-move homes are being built each day in Whitefield, which is becoming a location for all socioeconomic strata.

As a result of the existence of the purple metro line and the release of train service, Whitefield has an excellent road, metro, and rail connection to the rest of Bangalore. Major IT parks like ITPL Tech Park and Bagmane Technology Center are important job locations in and around Whitefield. Many developers have invested in Whitefield, a neighbourhood in Bangalore with an unbeatable commuting system due to its proximity to the state-of-the-art train station, which is only 8.5 kilometres away.

With several technical parks increasing the attractiveness of this once primarily-middle-class neighbourhood to working-class youth, as well as with more places for people to socialise and hang out like Phoenix Marketcity, VR Bengaluru, Forum Shantiniketan, Inorbit Mall, and Park Square Mall, Whitefield has established itself as the most significant in the area for at least the next ten years.

The Kanakapura Road is advantageous to the competition thanks to its well planned ring and the construction of the new Metro line. Consequently, there has been substantial commercial and residential development along Kanakapura Road in recent years. Close to Kanakapura Road, Mysore Road, this place has both incredible connectivity and growing developments, and has attracted an ever-increasing demand from buyers.

By connecting the outer ring road with Electronics City, HSR Layout, and other areas, Sarjapur becomes a new business and recreational hub. People working at nearby companies prefer it as a living area. The community has grown significantly since then. With the proposed outer ring road, traffic on the Sarjapur route is expected to be reduced, resulting in an increase in housing costs.

One of the top residential projects developing fast is Electronic City in the south, a complex that is popular with working people due to several IT parks in the area. Other well-known companies with offices in Electronic City include HP, Wipro, BHEL, and Infosys. Real estate values have increased in the area due to its first-rate infrastructure, which includes malls, theatres, banks, hospitals, and schools.