People who want to invest in real-estate are always trying to find new and developing areas of a city. Investments in these areas have an advantage that they are affordable but after a period of time they turn into an asset that gives good, favorable returns. Bangalore, the Silicon City of India, has always been the investors’ paradise. It is the start-up capital in IT, Aerospace and other industries. The job market is driving the residential market as well. Bangalore builders are offering better quality homes and with more amenities and on time too as compared to other cities.
The outer areas of metro cities are best locations where home buyers can get better homes at affordable prices. Good and reputed developers are also driven to these areas.
North Bangalore, South-east and East Bangalore real estate are good for investments as many infrastructure projects are planned here. Localities such as Thanisandra, Hennur Road, Outer Ring Road and Yelahanka are good areas to focus on. In south Bangalore, prospective areas are Varthur and Whitefield to buy and invest. Metro connectivity to these areas is in the third phase of construction. Once operational will change the face of real estate market. [Read more…]