Top Destinations to Invest in Bangalore Real Estate Market

Prestige Meridian Park / Top Destinations to Invest in Bangalore Real Estate Market

For real estate investors looking for a solid return on investment and guaranteed rental income, Bengaluru has emerged as a bright location. Real estate demand is driven by the IT/ITeS industry, and the city can brag about good macroeconomic dynamics and stability. Despite demonetization and the COVID crisis, Bengaluru's property prices have not experienced any abrupt drops or crashes, and the city's real estate sector is still gaining speed. Experts estimate that around 40% of the projects now under development will be ready for occupancy during the next three to four quarters.

The investors who are looking for investing in a stable market having a long-term horizon, the Bangalore real estate market is the one that provides many lucrative yet high ROI-yielding options. The residential hubs here are loaded with high-end amenities and surrounded by the best of infrastructures such as parks, hospitals, retail outlets, schools and colleges, and restaurants. Here’s a list of a few promising residential hubs that help investors in reaching to an informed choice:

BTM Layout

Close to well-known areas like Koramangala, Bannerghatta Road, and HSR Layout, BTM Layout has a strong infrastructure and a variety of housing alternatives. The Hosur Road, Outer Ring Road, and Bannerghatta Main Road provide excellent access to the neighborhood, which also has several low and mid-range housing alternatives. Due to its advantageous location, the vicinity also guarantees excellent rental values in addition to a solid return on capital investment. Additionally, Rashtriya Vidyalaya Road, Jayanagar, and Banashankari metro stations' inclusion has improved the BTM Layout's access to the rest of the city. Additionally, the region is located on the future Namma Metro R V Road Terminal-Bommasandra Line.

Bengaluru East

While Whitefield in East Bengaluru is a well-known business and residential hub, Varthur and Budigere are emerging neighborhoods that are grabbing the attention of many investors. This region of Bengaluru is excellent for investing in residential developments costing between Rs 70 and Rs 80 lakh. Both established IT/ ITeS enterprises and start-ups are based in the neighborhood, which offers substantial residential property price appreciation and returns on investment. Due to Whitefield's location along the Purple Line's Phase 2 Namma Metro route, there is increased interest in real estate there. To help with traffic issues, South Western Railways has now inaugurated a morning train service from Majestic to Whitefield.

Sarjapur Road

Another popular location for real estate investors is Sarjapur Road in Bengaluru's southeast. Sarjapur Road is on the radar of IT businesses wanting to set up shop since traditional office areas like Whitefield and Outer Ring Road are experiencing saturation. A sizable residential catchment has grown up around the neighborhood as a result, catering to IT professionals looking for inexpensive housing choices. A Peripheral Ring Road (PRR) linking Tumkur Road to Hosur Road through KR Puram, Bellary Road, and Sarjapur Road has also been given the green light by the federal government. This significant project will improve communication between Bengaluru's north and south while also easing traffic congestion along Sarjapur Road.

While talking about the location of Sarjapur Road, Bangalore, a residential property that is worth giving your attention to is Prestige Meridian Park. It is a futuristic residential development cluster in Bangalore's picturesque Ittangur neighborhood of The Prestige City Township developed by Prestige Group. 18.2 acres, or a significant portion of the township's overall land area, make up Meridian Park. The cluster, the pinnacle of architectural and design brilliance, consists of 3 BHK Apartments in 16 magnificent towers. These high-rise towers have 31 floors including the ground. This precisely designed 3 BHK apartment has a size range of 1387 to 1865 square feet.

It offers a wide range of amenities for the benefit of its citizens. Among them are an opulent and exclusive clubhouse and a variety of places to promote social interaction among the inhabitants, like event lawns, which make an ideal location for soirees, gatherings, and parties. Fun, exercise, and leisure time are guaranteed with a kids' play area, a senior citizen's area, adult and kiddie pools, fitness centers, and a cutting-edge gymnasium. Numerous facilities, both indoor and outdoor, are geared toward sports. These opulent and top-notch amenities have been offered as a trained security team keeps watch over the entire complex, ensuring your family's safety and security round-the-clock.