Bangalore Property Fetches High Rental Returns

Bangalore: Investors and buyers these days looking forward to grab high rental returns from their property investment in Bangalore.  To earn quick returns on property investment, renting out the property is the most appropriate step. Fetching high rental returns depends on key factors like facilities, location and infrastructure, as people who seek home for rent look for good infrastructure facilities like well connected roads, metro link, public transport system and quality of living, as reported in Times of India.

In gated communities, high rental returns depend on quality lifestyle, developers’ reputation and location of the villas or houses.

Facilities in an apartment plays major role to fetch good rental returns. People looking for rental homes seek for facilities like 24 hours security system, parking area, gym, play area, swimming pool, amongst other.  Furthermore, the criteria for an individual house includes sufficient water supply, parking area, interiors with adequate amenities and location, if the above mentioned needs are met then high rental return can be expected

People often search for location before they plan to buy an apartment or property, which is one of the key factors to decide whether the investment will bring good rental returns or not. The rising growth of the city’s real estate sector indicates that, to get handsome rental returns, one has to select perfect location.

Apart from facilities and location, good infrastructure in and around the location, also determine whether the property would bring high rental returns. For instance, the rental fees have increased soon after the Metro started its operation in areas like Baiyappanahalli, Indiranagar and Ramamoorthynagar. Furthermore, this trend is likely to spread all over the city, where the Metro will stretch its operation in later phases. Moreover, well connected roads and Metro Rail connectivity are indicating factors of high rental returns.

For example, the city is witnessing residential growth in areas like Bellary Road, Doddaballapur, Hebbal, Yelahanka and also in the vicinity of NH-7. Moreover, these areas are showing speedy progress in infrastructure projects. And, in South Bangalore region, Bannerghatta Road, Kanakapura Road and its vicinity areas are witnessing high rental returns. Residential projects are emerging along Anekal stretch that comprises of gated communities and apartments.