Bengaluru is undeniably one of the most attractive real estate investment destinations in India. The year-round pleasant weather, strong employment opportunities and an abundance of excellent residential projects makes it ideal for home buyers and investors.
North Bengaluru, especially, offers home buyers the perfect mix of high growth potential, proximity to IT hubs and well-developed infrastructure, while not compromising on natural surroundings. Here are the top reasons for the rapid growth of North Bengaluru.
A home in North Bengaluru will mean that residents will not have to travel far to reach their destination, no matter where it is. The primary factor for the rapid growth in this area was the opening of the Kempegowda International Airport in Devanahalli. The roads leading to the airport are wide and well-maintained, ensuring residents do not have to spend long hours stuck in traffic. North Bengaluru is also connected to several arterial roads such as the Outer Ring Road, Bellary Road and Tumkur Road. This network of roads offers residents an easy commute to key localities like MG Road through public and private transport. The biggest development has been the construction of the Namma Metro line, which connects Nagasandra in North Bengaluru to Kanakapura Road in the southern region in 45 minutes. Accordingly, property prices in North Bengaluru are likely to appreciate as connectivity continues to improve.
Numerous Employment Hubs
North Bengaluru is a short distance from the Central Business District, which is comprised of bustling commercial areas, large MNCs and beautiful public parks. The close proximity and easy connectivity to the CBD have undoubtedly played a huge role in the property prices of North Bengaluru. The locality is also proving to be a business and commercial hub in itself with the steady flow of investments streaming in. It is home to several IT Parks such as Manyata Tech Park and Devanahalli Business Park. There are also several PSUs like BEL and HMT located nearby. This proximity to employment hubs ensures a quick commute and a strong rental market.
Wide Range Of Housing
While most areas in North Bengaluru have a rich heritage, their prominence as real estate hubs is only now being realised. Due to this, property prices are still comparably affordable. For a lower price, home buyers can enjoy a larger space with better amenities. North Bengaluru has numerous apartments, plots and villas available by reputed developers in a wide range of prices. Many of the new projects come with a host of modern amenities including club houses, swimming pools and gyms. This offers residents a greater quality of life at a significantly lower price.
Outstanding Social Infrastructure
One of the biggest factors for home buyers is proximity to vital social infrastructure. Proximity to the best schools, state-of-the-art hospitals and opportunities for entertainment and recreation are not optional, but a necessity. North Bengaluru checks all of these boxes. Schools like Kendriya Vidyalaya, VIBGYOR High and Orchids The International School ensure that your child receives an early advantage through a world-class education. There are also several reputed hospitals like Columbia Asia and MS Ramaiah Memorial Hospital which offer cutting-edge medical treatment with a number of specialties. There are also numerous malls and restaurants to ensure that you and your family will never have a dull moment while you live here.