What Are The Best Areas To Invest In Bangalore Real Estate For It Professional

A 2 BHK floor plan is a layout of an apartment with two bedrooms, a hall (living area), and a kitchen. It shows the arrangement and dimensions of rooms, including their connections and proportions. This plan is a visual representation that helps you understand the spatial distribution and structure of a two-bedroom apartment, providing a simplified overview of the living space.

Birla Trimaya is a futuristic township project located in Devanahalli, North Bangalore. The project is developed by Birla Estates and is spread across an expansive 50 acres of land. The project offers 1, 2, & 3 BHK apartments and duplex units. The total number of units in this project is 2600, with 550 units in Phase 1. Each tower in Phase 1 has 25 floors. The project officially began on September 5, 2023. The price range of the apartments is between Rs 50 lakhs to Rs. 1.2 Cr.

Bangalore is a posh tech city in South India, located in Karnataka. The city has attracted more than 5 million tech professionals who work in these tech firms. There are 67 K IT companies which are nestled in the posh localities of the city. These professionals search for areas that are closer to their offices and also have good connectivity. The real estate market of the city is thriving and offers high returns and rents to the owners. To invest in property, some of the fastest growing areas are Devanahalli, Whitefield, Electronic City, etc.

The future of Bangalore real estate shows that the property value will hike upto 5%. This creates a question: is it worth investing in Bangalore real estate? Yes, the city's developing areas and its infrastructure make it worth investing in. IT professionals can invest in the best apartment, villa, or plotted project. The Namma Metro line is also available in all the areas for smooth commuting. People can take BMTC buses as well to reach any part or offices easily.

Here are some of the best areas to invest in Bangalore real estate for IT professionals in 2024:

Devanahalli - Devanahalli is a prominent residential hub that offers various housing units. The area is close to other commercial hubs and offers good connectivity. The area is safe and secure and has many upcoming residential projects. These projects are laucnhed by the best builders like Birla Estates. Its upcoming project for best future investments is Birla Trimaya. Devanahalli is famous for its proximity to the KIAB, which reduces traveling time for daily flyers.
Electronic City - Electronic City is a thriving IT hub of the city that spans over 800 acres and is developed in 3 phases. It is situated in the Southeastern part of the city. The area is home to more than 400 MNCs and IT companies. It is a perfect spot for tech workers to get a luxurious housing option. Living in the area will reduce traveling time and cost. It also boasts good connectivity along with all the top civic amenities.
Hennur - Hennur is a strategic location that is nestled in the northern part of Bangalore. The area has become a prominent attraction for tech workers. This is because of its connectivity and boom in the tech industry. The area offers a good mix of affordability and an active social life. This means people can expect steady rental income and long-term growth in investment. It's a great starting point for entering the property market.
Whitefield - Whitefield is one of the best localities that is known for its thriving IT sector. The area is home to tech giants like TCS, Wipro, Accenture, etc. Its an ideal locality for people working in these companies. It also has a robust connectivity to all parts of the city along with the presence of a metro station. People can get high returns and affordable rent options here.
Yelahanka - Yelahanka is a posh locality of North Bangalore that is famous for its manufacturing industry. The area has become a prime spot for the tech professionals. It is at a proximate distance to various firms and has good connectivity. The locality also boasts good returns and resale value on the properties. Daily flyers can live in the area comfortably as it is close to the airport as well.