Admit it. You have been thinking about making an investment in a property for a long time now. You have been religiously reading books, magazines, news and reports and checking real estate websites too. With the housing bubble, investing in real estate may seem like a huge risk, but at the same time it is an important part of a diversified portfolio. With proper care and planning, investing in the right property can become a valuable asset that can earn large returns or provide to be a steady source of income.
Bangalore is the one city that has benefited the most from the IT boom in India. The fascinating growth of this city is like music to the ears for real estate investors. With more and more people moving into the city, and a thriving urban population with new projects, this city offers capital appreciation worth gaining. In this successful and fast progress, Bangalore South plays a major role as the preferred destination for housing IT professionals.
Many builders and developers have flourished in their businesses by providing affordable living options for professionals. The proximity to offices and work places, fully developed infrastructure and the connectivity to prime localities like Electronic City, Yelahanka and Whitefield have contributed to the growth of Bangalore South. The prolific surroundings and quaint lakes still continue to attract professionals. The demand and need for mid-level housing is at a rise as compared to the luxury residences. Bangalore South on a whole is the most preferred choice for investment purposes and is one of the major investment zones. Connectivity to the highways and airport has further boosted the development of this area.
Some of the ideal investment destinations in Bangalore South are :
- Sarjapur road
What makes Bangalore South attractive is the huge government capital outlay for development of city infrastructure in this zone ?
- Close to ITPB - EPIP Zone, Whitefield
- Close to Hosakote, Malur and Narasapur Industrial Area
- Initiation point for the Bangalore-Chennai growth corridor belt
- Close to Nandagudi SEZ, KHB
- Good transport infrastructure like Metro, Railway Stations and Bus stands
With such advancements in this area and an increasing number of housing options, developers are targeting this area. Although, a few years back this area was considered as outskirts of the city limits, it is now a city within a city. Bangalore South with its fast growing IT hubs and properties is the fastest growing economic sector with infrastructure, entertainment, retail and residential developments, making it an ideal platform for an investment.