Investing in Bangalore in the current year is a strategic move due to the city's robust real estate market, steady economic growth, and burgeoning tech industry. With a flourishing job market, expanding infrastructure and prominence as the Silicon Valley of India, Bangalore presents promising opportunities for investors seeking long-term returns and a thriving urban lifestyle.
Bengaluru's population has grown more than three times since 1990. Many people move to the city for better opportunities, such as employment benefits, education, way of life, environment, weather, etc. The varied housing options to suit every budget have led to the rise of highly sought- after residential projects in Bangalore.
The demand for rentals and family-friendly 2 and 3-BHK properties in the key areas is catching up, with an average rental yield of 5-7%. The significant return on investment and price appreciation that come with investing in property in Bengaluru are the other attractive reasons for buyers making a beeline for the real estate sector here.
Industries and warehouse activity majorly dominate the West zone. However, several colleges, schools, hospitals, and civic infrastructures dot the region, garnering home buyers' attention.
Best Places in West Bangalore to Invest
- Rajarajeshwari Nagar
- Mathikere
- Tumkur Road
- Peenya
- Jalahalli
- Yeshwanthpur
- Malleswaram
- Rajajinagar
West Bengaluru is well-connected to other parts through Mysore Road and Magadi Road. Areas such as Kengeri make for an important transport hub with a railway station, a Traffic Transit Management Centre (TTMC) and Purple Line connectivity of Namma Metro. Mahalakshmi Layout is a large neighbourhood close to Yeshwantpur. It has many temples, including the ISKCON Temple. The Mysore Road Satellite Bus Station, Mysore Road metro station and NICE Road junction are the important intracity transport hubs here.
RR Nagar is a housing area in Bangalore, Karnataka. The full name of the area is Rajarajeshwari Nagar. This locality is in the southwestern part of the city. RR Nagar has many sub-localities, including BEML Layout, BHEL Layout, Ideal Homes, and others. There is another tech park nearby called Global Village Tech Park. This park is home to several companies, notably the IT services provider Mindtree. It's a great place to live, RR Nagar, with many amenities and a lively neighbourhood. Considering its growth and easy access to the rest of the city, many prospective homeowners are drawn to this neighbourhood.
In this field, a lot of new IT businesses are emerging. RR Nagar and the Global Village Tech Park are four km apart. There are renowned software companies such as Larsen & Toubro, Infosys, Texas Instruments, MindTree, Magnasoft Consulting India Ltd, and Falcon Tyres.
Choosing the ideal location for buying a home can mean different things to different people. Of all the factors influencing your home-buying behaviour, location is the most essential factor driving the property's real estate value. All the key zones in Bengaluru have seen considerable infrastructure growth and development over the years. Before buying a home in the best residential areas in Bangalore, ensure that it aligns with a host of criteria - from transport routes and builder credibility to market stability.
Birla Ojasvi
Birla Ojasvi is a stunning township project in Rajarajeshwari Nagar, West Bangalore. Over 600 apartments and rowhouses are dispersed over ten acres of land. RR Nagar's lowest-density project is developed on 3 towers with 8 acres of open space between them. Each tower has 33 stories above ground and a view of the reserve forest. The internationally renowned architect "Broadway Malyan" created Birla Ojasvi.
Birla Ojasvi offers premium 1, 2, and 3 BHK apartments. In addition, a select few ultra-luxurious 4 BHK rowhouses combine the best aspects of villa and apartment life. Birla Ojasvi RR Nagar is scheduled to launch in March 2024. After four years of construction, the project will be completed in March 2028. Possession is anticipated in March 2024, and the RERA process is now underway.
Disclaimer: Any content mentioned in this website is for information purpose only and Prices are subject to change without notice. This website is just for the purpose of information only and not to be considered as an official website.