The Silicon Valley of India saw a massive boom in the real estate industry in the past decades. The IT explosion is bringing in more investors from the country as well as the NRIs. The outskirts of Bangalore are the best place to start with for first-time investors. Here are a few reasons why:
Connectivity: North Bangalore has many investment tops like White Field, Hebbal, and Devanahalli located close to the International Airport. The proposed Namma Metro line is in phase II of construction and the arterial roads of NH-7 highway and the Peripheral Ring Road booms the connectivity further. The widening of the Bellary Road and the elevated expressway make it possible to access all parts of Bangalore.
Growing Projects: the appreciated rates in the outskirts of Bangalore have luxurious projects with mind-blowing amenities and facilities. The residential apartments, villas, commercial developments, choose investments as per your long-term goal.
High Returns: the rapid development t of the outskirts guarantees high returns. With top IT hubs and industries even in the suburbs, a huge mass of the working-class population is demanding the house here, leading to high rental incomes. Some of the top IT parks and SEZ areas in the outskirts of Bangalore like Bangalore Aerospace SEZ, Devanahalli Business Park, and International Tech Park. Outskirts are the ideal investment nowadays, with all the facilities made available.
Social and Civic Infrastructure: the Bangalore International Airport being in the outskirts of Bangalore, the neighboring regions have seen excellent growth in social infrastructure. The satellite town provides all top civic amenities and facilities complacent with the urban lifestyle. There are top educational institutions, hospitals, malls, and family entertainment zones contributing to the success of social structure.
Investment choices: there is a wide range of luxurious projects at affordable prices on the outskirts. The properties are mostly bigger, better, lighter on prices, with high appreciation rates. One can also enjoy the tax benefits by investing here. It is easier to multiply the returns quickly.