A coveted investment destination, Bangalore or Bengaluru in south India, lures non-locals, NRIs, corporates and real estate investors alike. Investors looking for sizable growth of their investment returns and sound capital appreciation are upping their stakes in this pulsating metropolis. The good thing about property prices in Bangalored is that they are quite reasonable, with the yearly price escalation standing at 28.60 percent in the last fiscal year. If you have been looking out for apartments in Bangalore then the right time to invest in one is now.
As per recent property trends in the city, the annual rental yield is also escalating by a decent 4.14 percent. This serves to be good news for investors looking for rental properties in Bengaluru. The top localities include Koramangala, Rajaji Nagar,Frazer Town, Benson Town, Vasanth Nagar, Ashok Nagar, Malleshwaram, etc. that are attracting investors with their ‘livability’ quotient of approximately 9.5 or above on a scale of 10. Even villas and apartments in Yelahanka are selling like hot cakes because of their proximity to social infrastructure like schools, shopping complexes, colleges, hospitals, hangouts, provision stores, etc. These areas are well-connected with other parts of Bengaluru via adequate commute and transportation facility.
If you are keen to make real estate investments in Bengaluru, then its time to begin your search for ready-to-move properties or the ones that are under-construction, at the earliest. Horamavu, Devanahalli, Yelahanka, Hebbal, Kasturi Nagar, Nagarbhavi, Rajaji Nagar and Chamarajpet are also ranking high on the list of serious property buyers.
In case design, freedom and space are top criteria for residential property for you, then you will love to check out the offerings of Arvind SmartSpaces in Bangalore. Contact their representatives right away!