Top 3 investment locations in North Bangalore
For quite some time, North Bangalore has been establishing itself as an investment hotspot.
The region’s proximity to the Kempegowda International Airport (KIA) and the existence of solid infrastructure are two aspects that have worked in its favour. As a result, a substantial number of global corporations have relocated to India’s Silicon Valley in the north.
North Bangalore is well-known as a premier residential area, with a great blend of economical and luxurious houses. The region has seen rapid development in recent years, attracting a big number of reputable developers to create affordable housing developments. The region’s rise throughout the years may be credited in large part to reasons such as improved social and physical infrastructure, great access to key locations, and proximity to IT growth corridors.Not just among developers and house purchasers, but also among tenants, the region has established itself as a sought-after rental centre.
“Having large highways linking to the international airport, strong accessibility from the ring road, and the presence of multiple IT parks like as Manyata, Ecopolis, and ITSEZ, North Bangalore is unquestionably one of the greatest areas to live and invest.” Sobha Group, Embassy Group, Prestige Constructions, Puravankara Ltd, Provident Housing, Goel Group, and Godrej Properties have a large number of residential projects in the pipeline. Aside from that, property purchasers have a variety of housing alternatives ranging from Rs 40 lakh to Rs 16 crore. The location is positioned to provide strong rental yields in addition to high home values.According to Vishal Parwani, owner of SSB Properties in Bangalore, “this location attracts individuals from all walks of life, including businesspeople, IT professionals, medical practitioners, sports fans, and students.” The upcoming Namma Metro Line-5 (Central Silk Board-KIA Terminal), with metro stations in Hebbal, Yelahanka, and Jakkur Cross, will significantly improve the connectivity of North Bangalore with the rest of the city, as well as provide a boost to capital and rental prices in the region, with a completion date of mid-2025.
If you’re searching for investment opportunities in North Bangalore, here are a few areas that are projected to provide excellent returns on investment as well as a high rental yield in the future.
Hebbal
Hebbal has risen to popularity as one of the city’s most renowned residential micro-markets, owing to its advantageous location. Hebbal is a premium commercial centre with excellent connection via Bellary Road and the Outer Ring Road and is home to a slew of Multi-National Companies (MNCs) and Information Technology (IT) firms (ORR). These are some of the primary factors driving increased demand and price increases in Hebbal. Manyata Tech Park, one of the city’s major commercial centres, is located in Hebbal, making it a popular investment choice for working professionals. Hebbal is also an excellent alternative for regular travellers due to its closeness to the Kempegowda International Airport (KIA).
Hennur Road
Hennur, formerly a little town, has gone a long way to become a sought-after home investment location in North Bangalore. The region is defined by the presence of various famous developers such as Mantri Developers, Goel Group, and Purvankara Ltd. It has multi-story flats, villas, and departmental stores of all types. It is also close to well-known IT centres like Manyata Tech Park (7 km) and Hebbal (16 km). Hennur Road is also a potential destination for prospective house buyers due to features such as many employment prospects, extensive development of social and physical infrastructure, a diverse choice of housing alternatives, and easy access to the airport. The region benefits from improved connectivity via the Outer Ring Road (ORR).
Thanisandra
Thanisandra is a favourite residential area for professionals working in these clusters, since it provides easy access to various IT parks and commercial hubs such as Manyata Tech Park in Nagawara and Kirloskar in Hebbal. Several inexpensive, mid-segment, and luxury developments are now under construction in this neighbourhood. The neighbourhood not only has a wide range of home possibilities, but it also has some of the most prestigious educational establishments, healthcare centres, and entertainment zones all within close reach. Whitefield and the Outer Ring Road are two more outstanding business micro-markets near to the neighbourhood. While the opening of the six-lane elevated road connecting Hebbal and the International Airport has increased Thanisandra’s popularity, there is still much more to come in the area. The projected Namma Metro Phase 2, the expansion of arterial highways, and the neighbouring Devanahalli Business Park are among the items on the list.
