Top reasons for property investment in Bengaluru
May 15th, 2021
With the rapid development of the IT sector, Bengaluru has witnessed migration of many people from around the country. The city has grown by leaps and bounds in technological and infrastructural progress in the last decade. Being one of the top cities in terms of financial advancement and industrial development, it has done wonders for Bengaluru’s real estate market in both commercial and residential segments. Let us take a closer look at the top reasons why Bengaluru is a great choice for property investment:
Advantages of Property Investment in Bengaluru
- Price Benefit
Buying a house in Bengaluru will be a lot more affordable than in other cities like Mumbai or Delhi. You can get a villa or an independent bungalow in Bengaluru in the amount of money you would spend on an apartment in other big cities. There are homes that offer superior features at the heart of the city without using up all your financial resources. Irrespective of your budget, family size and location, you can be confident of finding a home in Bengaluru that meets your needs.
- Cosmopolitan Outlook
Due to the multicultural and diverse population base of Bengaluru, it has become one of the most cosmopolitan cities of India. Many people from around the country have moved to Bengaluru due to the immense opportunities available in the IT and other sectors. If you decide to buy a home in Bengaluru, you will get an opportunity to interact with people from various walks of life and build your social network.
- Steady Appreciation
Real estate developers in Bengaluru are building residential projects to attract the growing local, migrant and NRI population. These large scale projects in turn, attract development of social and physical infrastructure in the areas, making them self-sufficient. As every new project comes up, the likelihood of infrastructural growth hikes up the property rates. Your property will see excellent appreciation in most areas of Bengaluru each year due to massive growth and development.
- World-Class Amenities
Since Bengaluru is the favorite choice for property investment, developers are striving to build properties that cater to consumers with a global mindset. They are including world-class amenities to the properties in Bengaluru that live up to international standards. State-of-the-art gyms, swimming pools, kids play areas and landscaping have become integral features of most new gated communities in Bengaluru. If you choose to buy your next home in Bengaluru, you will have a plethora of choices for amenities offered to enrich your living experience.
- Quick Funding
There are plenty of banks and financial institutions that can quickly arrange funds for housing finance anywhere in India. Additionally, homebuyers can claim tax deductions on home loans taken for home purchase. Even insurance companies today help in financing for home purchase.
- IT Hub of India
Bengaluru is known as the “Silicon Valley of India” due to the growing career opportunities it offers in Information Technology. Many residential projects are strategically located near famous IT parks in Bengaluru. So you can own your dream residence and seek challenging job opportunities in the IT hub of India.
- More Choice
Bengaluru has seen a steady migration of people over the years, it is packed with residential projects of varying sizes and prices to cater to demands of different sections of people. You can find all types of homes from affordable, mid-range, luxury and premium apartment and villa projects. You can find properties right in the heart of the city, close to IT hubs or in the suburbs. Many property developers are flocking to Bengaluru to make the most of the booming population and the buyer gets the advantage of a range of options.
Adarsh Projects in Bengaluru
The Adarsh Group has built residential projects throughout Bengaluru covering areas in the center of the city as well as the suburbs. All communities dwell in vast open spaces, with plenty of greenery and luxurious amenities.
Some of Adarsh Group’s on-going projects are:
- Adarsh Greens near Jakkur lake
- Adarsh Sanctuary off Sarjapura road
- Adarsh Astria and Premia in Banashankari, Stage II
- Adarsh Tranqville Pinecourt and Wisteria off Hennur road
- Adarsh Palm Retreat and Mayberry in Marathahalli
Some of Adarsh Group’s completed projects are:
- Adarsh Serenity at Kannamangala
- Adarsh Palm Retreat villas at Marathahalli.
- Adarsh Citrine at J.P. Nagar
- Adarsh Palm Meadows at Whitefield
- Adarsh Vista at Vibhutipura