Why Is North Bangalore Worth To Invest In Real Estate

North Bangalore is a significant area of Bangalore city, which is gaining its height as a great business strip. The area of North Bangalore includes Hebbal, Hennur, Jakkur, Banaswadi, HBR Layout, Devanahalli, etc. North Bangalore is best for investment as it has good growth potential, excellent connectivity, rental appreciation, and future employment opportunities.

Let’s explore why North Bangalore is worth investing in real estate,

Location advantages

North Bangalore is strategically located near Kempegowda Airport, which makes it an ideal location for both residential and commercial ventures. Due to its best location, real estate in the area is having high demand and is selling fast. The area is well connected by NH 44, New Airport Road, NH-7, SH 104, NH 648, and Bellary Road.

The area has a good metro network through the blue line of the metro that stretches from Central Silk Board to KR Puram and has 13 stations that will bridge the gap between North and other areas of the city. The upcoming Phase will still improve the transport network of the area as it will connect Kasturi Nagar to KIA. It will directly link the airport with North Bangalore, which will make it a prime area for business travel.

Good Social Infrastructure

The area has rapidly developed micro markets that include all essential social amenities. There are good schools, leisure hubs, colleges, and other comforts within the ambit of this area.

Some Schools in North Bangalore include

Delhi Public School
Akash School
Sterling English School
Vidya Sai Public School
Alfa Public School
MEC Public School
Sherwood School
Cambridge Public School
G K Naidu school

Some IT hubs in North Bangalore include

IFCI Financial City
Manyata Tech Park
SLK Software Pvt. Ltd.
Notch IT Solutions Pvt. Ltd
SGS IT Solutions Ltd
Tekvity pvt. ltd
Yularatech Pvt Ltd
Embassy Tech Village
Prestige Tech Cloud
KIADB
Manyata Tech Park
Ecopolis

Some malls in North Bangalore include

DRV Plaza
PVR Orion Uptown Mall
Esteem Mall
Galleria Mall
MVM Plaza
Garuda Mall

Some Hospitals in North Bangalore include

Akash Hospital
Aster CMI Hospital
Omega Hospital
Pavan Hospital
NRV Hospital

As all the needed features are nearby, it makes it an ideal location for families.

Property Prices and Rental Yields

Property prices in North Bangalore are reasonable, with good appreciation rates in recent years. The average price per sq ft in North Bangalore is Rs. 8,700. Rental demand is growing with a 24% appreciation, offering potential rental income for investors. As prices have started to increase now, it is the best option to invest and get good returns later.

A lot of future developments

The Peripheral Ring Road and the Satellite Town Ring Road will improve the transport network between different parts of North Bangalore and other areas. The Bellary Road Widening is from 6 to 8 lanes to ease traffic. The 300-acre medical hub in the North zone will help in the growth of the area quickly.

Variety of housing options

North Bangalore has a wide range of housing options in all sizes range. There are 1,2,3,4 BHK flats, villas, rowhouses, and duplex houses. There are many projects from reputed builders to suit all people.

Some best projects in North Bangalore include

Birla Trimaya Phase 1

Birla Trimaya Phase 2

Purva Aerocity

Tata Carnatica

Prestige Camden Gardens

Sattva Lumina

Godrej Devanahalli, etc.

One such best upcoming project in North Bangalore is Birla Trimaya from reputed Birla Estates. The project is which is a mixed-use township on Shettigere Road and has 2600 units of Apartments, Duplex homes, rowhouses, and Retail space. The project is over 52 acres, and is developed in phases.

Phase 2 will be launched in 2024, which will have 473 units of 1BHK, 2, and 3BHK flats, Duplex Houses, and Row Houses. Investing in such best projects in North Bangalore is the best choice as it will give good returns.