Top 4 Areas in Bangalore Promises High Returns on Investment

Bangalore : Bangalore is one of the upcoming Residential and commercial market in India. It has a multi directional growth in recent years. Those who are planning to invest in Bangalore this might be the perfect time. Though there are numerous properties are available in the city. Majority of them is purely for investment purpose. This will promise good and better returns on future. Bangalore being as a hub of information technology has been attracting real estate investors over the years. There are few areas in and around Bangalore city that offers affordable plots which are potential of giving significant returns on investment.

Hennur: Hennur is located in the northern extremes of the city and coming up as a popular residential destination in Bangalore. This Hennur cross directly links the International Airport and this has elicited high property returns from the past few months. Hennur Road is planned to be extended to a four lane highway for cargo road to the Bangalore International Airport. As per today’s limitations, it will surely develop from infrastructure sides. The locality witnesses a higher supply of properties with cost ranging around 80 lakhs to 1 crore.                                                                              

With the accessibility of the Luxury properties Hennur Road commands a high prices than compared with Hennur. Real estate Property development, a few minutes’ drive from the Bangalore city centre and vicinity to the Airport is expected to give better returns on the coming years. Due to the proposed infrastructure the prices are also expected to rise by 15-20 % in the coming years.

Indira Nagar: Indira Nagar is a neighbor hood locality of east Bangalore showing the maximum appreciation of capital prices. It is fulfilled with residential and commercial developments. Indira Nagar has an added value of its geographical location. This is surrounded with prime locations like vimanapura on the east, Ulsoor on the west, Byappanahalli on the north and dommlur on the south. This is an advantageous area which promises the high returns in investment. Indira nagar is preferred as a residential locality, because it is equipped with all the basic amenities like schools, colleges, temples, gardens, shopping malls etc…It also houses a good infrastructure with elegant buildings. Indira Nagar has well established schools, hospitals and all the facilities within a reach of residential area which makes Indira nagar as a top area for best returns. This area has given a 375 percent returns on property investment from 2005.  Indira Nagar has a metro transit system for internal traffic. In future we can notice Indira Nagar as a replica of the Bangalore metropolitan city which is above to call as a Mini Bangalore.

KR Puram: KR Puram is also called as Krishnarajapuram which is the head quarters of Bangalore East. This area houses a large number of government offices and is located at the junction of Old Madras road and outer ring road on the National Highway 75. This locality has good connectivity with prime locations. Closeness to the IT Hub of Whitefield and Manyatha Tech Park makes the locality as a desired residential destination for IT professionals. This gives better returns to investment. The Bajyappanahalli metro station is just a few kms away from the destination. The proposed Peripheral Ring road widening will improve a good connectivity with other places.

Narasapura: Narasapura is a place located in Kolar district with 65 kms away from IT city. According to the present scenario, After Gujarat, Chennai and Pune Narasapura will be the major hub with all the equipments. It is very close to Bangalore International Airport and active IT suburb Whitefield. The Karnataka Industrial development board has allotted 685 acres of industrial land for development this results future change. Due to this, plots expected prices are being to touch Rs 900 per sq ft by next year. Honda motorcycle, Swedish truck maker, Mahindra aerospace and other 22 companies have already acquired land in Narasapura. This clearly shows the demand of real estate.