The IT- hub Bangalore is the hotspot location for many investors and developers across the country. In the current phase of the pandemic the wheels of the real estate market in Bangalore kept on moving. At the present time many new investors came into the real estate market, if you are one of them and want to know
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Locality | Avg. Price Per Sq. Ft. (in Rs.) |
Electronic City | 5603 |
Whitefield | 7901 |
Krishnarajapura | 6323 |
Yelahanka | 6737 |
Banashankari | 8722 |
Bellandur | 8274 |
Horamavu | 6173 |
Bommanahalli | 6287 |
Mahadevapura | 7719 |
You can also choose buying a property on Bangalore outskirts because the prices are likely lesser than other parts of the city. Also you will find newly constructed properties, less population
Reasons why investment on outskirts is a great idea in Bangalore:- Investment at an affordable rate
The properties on the outskirts are available at comparatively lower prices to the central part of the city. Bangalore is developing with a rapid speed and now covering the lands to make it into skyrise buildings. This is the major reason for the low prices because the demand is less and developers sell property during the construction phase on low prices to receive funds.
- Expected Returns
When you buy a property on the outskirts there is a high probability of getting high returns out of it. Because of top IT hubs and industrial set-ups located in the outskirts of Bangalore, a large chunk of the working population of the city is creating a demand for houses in the outskirts of Bangalore. Investment in such locality leading to a high rental income for homeowners.
- Peaceful Living
Living in the outskirts area keeps you connected to nature and with less pollution. Everyone loves a peaceful property, with greenery and serenity all around.
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Which are the best areas to buy a property in Bangalore in 2021?
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2021-05-17T16:56:31+00:00 2021-05-20T12:50:06+00:00Comment
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