PROPERTIES IN bangalore

The expansion of Bangalore on different fronts has made Bangalore a real estate hotspot. For prospective homebuyers who wish to buy a property in Bangalore, there are plenty of property options, such as apartments, villas, luxury homes, plots, studio apartments, and real estate plots. One can also choose from different affordable property options in Bangalore.

If you are still wondering as to what makes real estate in Bangalore so profitable and why you too should buy a property in Bangalore, here are a few reasons: -

Good Connectivity

The city has a rapid transit rail or metro system which is still developing; it is estimated to reduce transit times by a significant margin once it is up and running with complete infrastructure in place. In conjunction with that, the BMTC and KSRTC buses also help people to get from one location to another.

Well- Developed Social Infrastructure

As a megacity in India, Bangalore is one of the fastest developing cities in terms of infrastructure and many upcoming infrastructure projects in Bangalore are already in the offing. The city also abounds in first-class hospitals, schools, colleges, and entertainment centres. Sound infrastructure is one of the key reasons to buy property in Bangalore.

Ample Opportunities for Quality Education

Bangalore has numerous public and private schools offering education to children across three levels – primary, secondary, and higher. Reputed colleges for science, agricultural, law, design and fashion technology are also present in the city. Hence, purchasing property in Bangalore will serve as a viable option for prospective homebuyers because there are plenty of opportunities for obtaining quality education in the city.

Rising Economy

Popular as the “Silicon Valley of India”, Bangalore is the major exporter of IT in the country. It also houses the headquarters and research centres for many major organizations in India. This means that professionals will find ample opportunities for employment here. Thankfully, there are many affordable housing projects in Bengaluru for a homebuyer to choose from.

Pleasant Weather at All Times of the Year

When you buy a home in Bangalore, you won’t have to worry about extreme weather conditions. Compared to other cities in India, Bangalore has moderate climate and the weather is pleasant all year round. Because of this, real estate in Bangalore is viewed with a lot of interest.

Affordable Property Prices in Bangalore city

Many pockets in Bangalore, to the surprise of residents and home buyers alike, have properties priced very affordably and therefore prospective homebuyers have many affordable housing options in Bangalore to choose from. Combine that with the prospect of high appreciation of property value, and you have a great investment destination when you buy property in Bangalore.

Demographics

Being the 3rd most populous Indian city, Bangalore has a total population of 8.4 million in 2011. It rose 65.2% from 5.1 million in 2001. The population density of the city is 4,381 people per square km. Taking a broader perspective, from 1941 to 2011, Bangalore’s population has multiplied 20 fold. Many people have migrated to Bangalore to buy properties in the city and are living in apartments, affordable homes, luxury houses, and other property types within the city.

Governance

Bruhat Bangalore Mahanagara Palike (BBMP) is the civic administration body of Bangalore. As per the expenditure of BBMP, most of the portion is dedicated to welfare, public health, stormwater drains, road-related infrastructure, projects, and public works. BBMP does the construction, upkeep, and administration of current as well as upcoming infrastructure projects in Bangalore. The BBMP has collaborated with Agenda for Infrastructure and Development Task Force (ABIDe) and Bangalore Development Authority (BDA). The presence of an efficient civic administration ensures that real estate investment in Bangalore will be a great option for potential homebuyers.

Lifestyle

Being one of the most cosmopolitan cities of India, Bangalore is known for a lot of things, such as music, street food, and diverse cuisine. Plus, two significant historical monuments, the Bangalore Fort and the Bangalore Palace are located in the city. Bangalore has a great reputation as a nerve centre for artists and performers. That is why it witnesses so many international musicians each year for live performances. The lifestyle of the city is a compelling reason for you to buy a property or house in Bangalore.

Also, the Commercial Street is a shopper’s paradise and even IT hubs such as Whitefield houses some of the best shopping avenues, such as Gopalan Grand Mall and Phoenix Marketcity. Bangalore is also credited as being the pub capital of the country as it is home to plenty of bars and clubs. Another highlight feature of Bangalore is the presence of theme parks, the best being the Snow City. The theme park is based on a really unique concept (the temperature of the park is kept below 5 degrees Celsius).

Bangalore is also home to the National Gallery of Modern Art. All of this adds a sense of character to the city and interests many homebuyers to buy properties in Bangalore.