Bangalore being the Silicon Valley of Indian has been flourishing to new heights with most of the revenue being generated from the IT and the real estate industries here. Also it ranks in the top ten entrepreneurial destinations and owing to this reputation it offers endless opportunities for new as well as established professionals. Moreover, this smart city has been witnessing growth in all the other aspects as well. The physical, social as well as public infrastructure and logistics has also developed to international levels in several parts of the city. This glory furthers the residential housing sector by increasing the demand in all the segments of this sector adding to the magnificence of the city.
This growth of affordable, mid-segment and premium apartments for sale in Bangalore in turn has surely attracted investors from across the globe in order to avail the lucrative investment opportunities and earn a higher return on investment (ROI). Also, since the demand for homes for sale is on the higher end in the trajectory of the market, resale is also easy. Moreover, renting out the properties has also become a good source of income to pay off the EMIs for small buyers. This makes the investment in immovable assets even more attractive and worthy.
To enhance the growth experience in the city even more, government has focused on progressive developmental activities like improving connectivity to central business districts and in other infrastructural aspects. This has made several region self-reliant micro markets. Some of these prominent areas with premium apartments in Bangalore are Whitefield, Old Madras Road, Kanakpura, Electronic City etc. because of their high-end realty by reputed developers like Brigade, Nitesh Estate, Etc.
The mushrooming of new infrastructure in Whitefield added to this growth spearheading the development in East Bangalore from almost a decade now. This area has everything one might need to lead a comfortable life like shopping malls, local market, high end residential projects, IT parks, commercial areas, retail spaces, parks and greenery, etc. additionally the completion of Outer Ring Road (ORR) providing a continuous stretch from Silk Board Junction to Hebbal via Electronic City to Whitefield has smoothened the connectivity in eastern part of the city.
The two main areas where new classy townships have emerged are Electronic City and Whitefield and this is why these have witnessed significant progress in the recent past. The hike in rentals in the main city and the fast paced life has been forcing people to search for peaceful areas like outskirts where they enjoy all the benefits of the city life while living in the lush green surrounding of calm and serene suburbs. Moreover, the benefit of living in urban homes at the cost of suburban price is all the more rewarding.
The ever increasing number of IT companies in Bangalore have made it an ideal location to live in. It has been ranked as the fourth best IT hub of the world and the 5th fastest growing city in Asia. Therefore, Bangalore is not only a preferred option for domestic buyers but has also managed to capture the attention of NRIs, HNIs and is now becoming the top most choice of investments in India.
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