Why the North Bangalore Realty Belt is the Best for Real Estate Investment
January 13th, 2022
Bangalore is witnessing a real estate boom and is one of the most sought-after destinations for home seekers. More than 60% of the biotechnology companies in India have a base in the Megacity. North Bangalore is the fastest growing area in the city with its thriving IT giants, with investments in Bengaluru growing 5.4 times from $1.3 billion in 2016 to $7.2 billion in 2020. The area is also well-connected to the rest of Bangalore via various modes of transportation.
Bangalore’s infrastructure development in the region is further expected to boost the market demand for residential and commercial properties in the coming years. With key infrastructure plans like the Bangalore Aerospace SEZ, Bellary Road Expansion, India’s first Nano Park, and more, the value of the region is only going up and becoming an even more lucrative investment destination.
If you aren’t already planning to invest and need more convincing, the area features:
Top-Notch Social Infrastructure
The area has world-class infrastructure and offers tremendous opportunities for growth and expansion. The social infrastructure in the region is excellent with high-ranking schools, the best hospitals, shopping malls, and more in close proximity. The presence of top IT companies and major infrastructure projects in the region is attracting a lot of attention and investment.
Lifestyle Amenities and Connectivity
North Bangalore is home to some of the best lifestyle amenities in the city. There are numerous reputed schools, colleges, restaurants, shopping malls, post offices, international airports, etc. within the reach of North Bangalore. The region is also well-connected to the rest of Bangalore with an extensive network of roads and railways. There is nothing to be missed here for anyone who wants to have all the conveniences of modern life.
Exceptional Economic Growth and Employment
Capital investments in infrastructure and real estate have made North Bangalore a favourite among businessmen and home seekers alike. It is among the world’s fastest-growing cities with an average economic growth rate of 8.5%. It is set to witness continued exceptional growth in the coming years with emerging business opportunities and a growing number of employment opportunities. With the booming growth of IT companies, employment surges have increased the number of homebuyers in North Bangalore.
Cultural Diversity and Ethnic Dining
With over 100 languages spoken across the country, Karnataka is home to some of the most diverse communities. North Bangalore features cosmopolitan living at its best with people from different parts of the country living together in harmony. Home to some of the best ethnic restaurants, North Bangalore is set to witness unprecedented growth and would be an exciting place for investors to take advantage of this opportunity.
Residential and Commercial Properties
North Bangalore offers a vast selection of residential and commercial properties to suit every budget and requirement. The area provides exceptional amenities and connectivity while offering excellent opportunities for growth and whether you are looking for a spacious villa, an affordable apartment, or a high-end office space, North Bangalore has something for everyone.
If you plan to invest in real estate in North Bangalore, count on Adarsh Group to get the best deals and offers for you in the best locations. We have a large network and a deep understanding of the market dynamics. We have a vast and comprehensive selection of properties to offer in the area, ranging from commercial real estate to residential apartments for sale in North Bangalore.