Why is North Bangalore the New Real Estate Investment Destination?
November 9th, 2020
Bangalore has been causing ripples in the real estate sector for quite some time now. India’s Silicon Valley is one of the fastest flourishing cities in the country. Particularly, the Northern region of Bangalore has emerged as one of the most popular areas for real estate investment.
North Bangalore offers a lucrative real estate market due to various reasons. There is ample opportunity for employment, excellent connectivity, and plush housing projects like Adarsh Pinecourt. So, if you are looking for the perfect new real estate investment destination, north Bangalore is the answer to your queries.
World-class connectivity in North Bangalore
North Bangalore offers ease of commute to its residents. It has excellent connectivity via road as well as air. Since the Kempegowda Airport is situated in this part of the city, residents can easily take a flight out to anywhere in a jiffy. Road transport via Tumkur Road or Outer Ring Road is smooth and can get you to your destination easily.
Further, the Namma Metro Line makes the lives of dwellers easier by connecting them to the rest of the city. So, the ease of travel makes north Bangalore residential complexes like Adarsh Lakefront an ideal place to live in. The Bellary road with 6 lanes is a popular transport route in the area. Further, the services of the BMTC (Bangalore Metropolitan Transport Corporation) are excellent here.
Nerve center of employment and leading infrastructure
If your office is situated right in the neighborhood of your home, what could be better? North Bangalore is home to the city’s top companies and IT hubs. It is situated in close proximity to the Central Business District. Hence, a real estate option in North Bangalore opens up the roads to the best IT parks like Manyata Tech Park and Ecopolis.
Some of the leading companies that have offices in North Bangalore are Infosys, Nokia, Target, Cognizant, and Wipro. Hence, the employment opportunities are supreme in the Northern half of Bangalore. Being the nerve center of the business hustle and bustle, any real estate venture in Northern Bangalore puts its owner at an advantage.
A wide range of schools, hotels, and hospitals are also available in the area. Reputed educational institutes like the Delhi Public School and the Presidency College are located in Northern Bangalore. Columbia Asia and the Aster Hospital offer medical facilities to the residents of the area. Hence, a real-estate project here is perfect for families with young and elderly members.
Variety of housing projects
Most home hunters are unable to locate a house of their choice that also fits their budget. This is not a problem on the northern side of Bangalore. The area is teeming with real estate options. In comparison to the other housing areas of Bangalore, the northern part of the city has a lot of affordable options.
There are umpteen projects like Adarsh Mayberry or Adarsh Tranqville that let their owners live in luxury. Opulence and abundant luxury are a given at Northern Bangalore properties. Hence, it is ideal for a real estate investment. The cost per square foot is much less compared to the other locales of Bangalore. Hence, there are homes available for all types of budget, big or small.
Thus, Northern Bangalore is an unexplored real estate market that has real potential to offer. Judicious investment in this locality in projects like Adarsh Mayberry or Adarsh Premia can offer a luxurious lifestyle to its owner. Further, with the skyrocketing prices of property in the Indian real estate market, it is an investment that can offer long-term returns.