Top 5 Expensive Locations to Invest Property in Bangalore

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From past many months, the residential property prices of Bangalore are hitting up to the roof as compared to other metropolitan cities where the metropolitan city, Bangalore is overhauling as a real estate and IT Hub of Asia.

Due to the improvement of Information Technology enabled services, Business Process Outsourcing and infrastructural development imminent in Bangalore, the current year is expected to incident an enormous boost in home buying and property investment. This circumstance has created a high flying demand on Residential and commercial segment. Due to the rising demand there has been an empowering approach towards the small as well as big ones to increase a number of attractive and luxurious projects all over Bangalore where the Bangalore city has many locations which are accountable to be the most expensive real estate sectors.

The following are the top expensive locations to invest in property.

Indiranagar:

In Bangalore, Indira Nagar is considered to be the hottest location and its identified as the unrivaled eatery in the southern region. It has a wide-spread of restaurants, hotels, educational institutions, bards and many metro transit systems. The fast food chain also exposes the assorted mix of populace of Bangalore. The locality is primarily preferred for its well connectivity to the first phase of the metro which is at a walkable distance way. The locality covers areas like Thippasandra, GM Palya, Jeevanbheema Nagar, Old Madras road, Ulsoor, old airport road, Kormangala and Dommlur.

The area has amenities like BWSSB and BESCOM; it also outlines the National Highway (NH-4) moreover, Indira Nagar has an array of educational institutions like National Public School, Silicon City Public School, Cauvery Public School and many more, Hospitals like Lohitha Hospital, Ossicare GG Hospital, ECI Hospital, Manipal Hospital and many other well known hospitals. According to the scenario, the highest area price ranges 35,092 per sq.ft, the average area ranges near to 18,322 per sq ft where as the lowest area price ranges 1,552 per sq.ft.

Hebbal:

hebbal property

Hebbal in Northern zone is emerging as primary realty endpoints in Bangalore city. The locality is well known as a residential investment destination for its exceptional connectivity and physical infrastructure. Many of the IT hubs and Tech parks are well connected to this vicinity. Additionally, location has numerous market places and commercial as well as business places within its neighborhood. Mainly, the Manyatha Tech Park and Embassy Kirloskar Park have indeed altered the picture of Hebbal as seeming by the general crowd in this locale. Major developers target this area due to the attention of people. The property appreciation has reached 94%.

The better connectivity is accessible to this locality through roadways, railways and airways. The water and electricity supply facilities are taken care by BWSSB and BESCOM. The Hebbal Lake has a flyover uniting over the ORR, Bellary Road and national Highway NH-7. All conveniences such as reputed schools like Vidhya Niketan School and Siddhi High School, Hospitals like Columbia Asia Hospital and Baptist Hospital, Shopping Malls, Banks, ATM’s gives people a feel good factor. The trends in property prices in this location is around Rs 6272 per sq.ft for highly prices area, the average price is around 6043 per sq.ft and the lowest property price trend nearly 5814 per sq.ft.

Marathalli:

The area that continues to be the top property investment area – Marathalli spots in the East region of Bangalore. It is one of the IT Hubs in Bangalore. The locality is turning out into a preferred destination for people working in Multinational Companies at Marathalli, Whitefield, Sarjapur, Bellandur, Electronic city and Hal Airport, as many of the families are attracted towards this area. Marathalli has best sort of physical infrastructure and state of the art architecture. Residing in localities like Marathalli reduces the travelling time to major IT Hubs (work places to many professionals). The increasing demand of this locality is due to immediacy to areas like Whitefield, Sarjapur and HSR Layout.

The location has key IT strength and this is responsible for high flying prices. The locality has many amenities within a walkable distance, water and electricity is facilitated by BWSSB and BESCOM. Self contained township Marathalli with commercial and Residential development touched the National Highway (NH-4) and ORR. Furthermore, it witnesses all brand showrooms, Multiplex, Brand Factory, Super markets, best educational institutions like Trinity English High school, HAL Gnanajyoti School, Ravindra Bharati School and Kids Global School, Hospitals like VIMS Hospital, Jeevika Hospital, Deepa Nursing Home, Vasan Eye care and Yashomathi Hospital. The highest property price of this area is noted around Rs 6570 per sq.ft. The average price is around Rs 5035 per sq.ft and the lowest around 3500 per sq.ft.

Whitefield:

white field property

Whitefield area has been an eye-catching suburb for property investors. The locality is majorly known as an IT Hub and it has some terrific infrastructure tech parks, MNC companies, Malls, Restaurants and many. With its close propinquity and enhanced connectivity with flyovers and ORR, Whitefield continues to be on top position in the list of most expensive localities for property investment in Bangalore. As the predictable infrastructure and demand it became a permanent address for living arts. It has good connectivity to major neighborhood places through metro and buses. Whitefield happens to be the pertinent locality due to its connectivity, infrastructure development, proximity to work places, establishment of hospitals like Satya Sai General Hospital, Vydehi Hospital, Mayo Heart Hospital, Shankar Eye hospital, educational institutions like St. Thomas school, Ryan international school, Whitefield Global School and Deans Academy School.

The realty boom in this area is majorly due to the existence of Outer Ring Road and peripheral road, it offers amenities like Bangalore water supply, Sewerage Boards where as the BESCOM supplies electricity with Bangalore Electricity Supply Company. The highest and the average property pricing trend in this area is around 5318 per sq.ft and 5021 per sq.ft and the lowest price trend is somewhere around 4724 per sq.ft.

Brookefield:

Locality that situated in the eastern region of Bangalore city and it is one of the iconic phases in Bangalore. This vicinity became as an expensive locality for property investment with a much of commercial and residential development. Brooke field became as a favorable area with the establishments of wide layouts, parks, malls and educational institutions like Ryan International School and Kids Zee, Hospitals like Yashomathi Hospital. Each month the locality has a new amenity added to its facilities. The commencement of residential projects by reputed builders and also the splendid status make this location one of the prime localities for property investment in Bangalore.

This locality is strategically situated next to the IT parks such as Kalyani Tech Park, International schools, hyper city, many IT organizations and Big Bazaar. This area is noted as one of the peaceful localities in Bangalore. The physical infrastructure of Brook field connects National Highway 4 (NH-4). The Water supply and Electricity supply comes through BWSSB and BESCOM. The highest property price, average as well as lowest property price trends in this locality are 5483 per sq.ft, 5251 per sq.ft and 5019 per sq.ft respectively.

Source: Siliconindia.com