India's 7 Attractive Property Investment Hotspots In 2013 - Page 5

India's 7 Attractive Property Investment Hotspots In 2013

By siliconindia   |   Tuesday, January 15, 2013   |    4 Comments

5) Bangalore:

Within Bangalore, localities like Hebbal and KR Puram are emerging as the most promising property destination in 2013. Hebbal has witnessed healthy real estate movement even during sluggish real estate condition. The residential market in Hebbal has gained popularity with the establishment of Bengaluru International Airport. K R Puram or Krishnarajapura is a suburb of Bangalore. It is a forthcoming sought after residential destinations in Bangalore after Hebbal.

"North Bengaluru will be the biggest beneficiary of the Bengaluru International Airport (BIA) and is expected to emerge as the new Central Business District (CBD) of Bengaluru within the next decade. Hebbal will be the biggest beneficiary of this development. Destinations like KR Puram in East Bengaluru possess the potential to provide a lifestyle shift, which is possible generally in projects developed on large land parcels that facilitate high rise premium developments with plush amenities," notes the Knight Frank report.

Moreover, in Bangalore real estate market, K R Puram and Hebbal are likely to give highest price appreciation. 

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