What Makes Bengaluru A Real Estate Hot-Spot?
June 20, 2018
Bengaluru is on the map as one of the most preferred places to live. The city is also a gold mine for real estate and a thriving investment destination.
Let’s take a look at what makes Bengaluru such a real estate hotspot:
Abundant Land Banks
Owing to Bengaluru’s geography, the city is surrounded by flat plains that are ideal for development. The abundance of land banks on the outskirts allows Bengaluru to expand in all directions as seen in areas like Thanisandra, Yelahanka & Mysore Road.
Bengaluru is a commercial hub & global leader in the IT sphere. The city is home to many of the best corporates in the country and has commercial real estate to support this great demand. Bengaluru is home to some of the biggest & newest IT parks in the country.
Bengaluru is lauded for its excellent transport infrastructure – be it the Namma Metro, BMTC, or the newly constructed Outer Ring Roads that offer hassle-free connectivity around the city. Not only do these create convenience for residents, but they also add to the investment value in the areas, encouraging investments in properties there.
High Income of Residents
Bengaluru being a financial and IT capital, offers residents a higher income than most other cities in the country. Of course, the standard of living is also much higher and for this reason residents are eager to invest in the luxury & premium segment of property.
Hesarghatta Main Road
Hesarghatta is a fast developing suburb in the west of Bengaluru that is a promising destination for investors. Hesarghatta Main Road is a thriving real estate hot-spot that has caught the attention of developers in the city.
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