Bangalore is undeniably one of the most attractive real estate investment hubs in the entire country with huge employment opportunities, great residential infrastructure, and mostly a favourable climate. But when planning to buy a home, most of us usually face a dilemma: should we invest in the newer areas of Bangalore, marked by high growth potential and proximity to IT hubs, or in the older, more residential localities of the city, with their green and well-developed infrastructure? A solution to that would be to invest in a home that satisfies both these conditions and North Bangalore offers home buyers just that! Read on to find out how.
Superior connectivity by road, land, and air
A home in North Bangalore will mean that residents will not have to travel far to reach their destination, no matter where it is. The catalyst for the growth in this locality was the opening of the Kempegowda International Airport in Devanahalli. The roads leading to the airport are wide and well-maintained, ensuring residents do not have to spend long hours stuck in traffic. North Bangalore is also connected to several arterial roads such as the Outer Ring Road, Bellary Road, and Tumkur Road. This network of roads offers residents an easy commute to key localities like MG Road through public or private transport. Undoubtedly, however, the biggest development has been the construction of the Namma Metro line. On the other hand, for investors, this means that property prices here will only appreciate as connectivity continues to improve.
Proximity to employment hubs
North Bangalore is a stone throw away from the Central Business District, a 20 km stretch comprising active commercial areas, large MNCs, beautiful public parks, and more. The short distance and easy connectivity from localities such as Hennur and Jalahalli to CBD have undoubtedly played a huge role in the property prices of North Bangalore. But the locality is also proving to be a business and commercial hub in itself with the steady flow of investments streaming in. It is home to several IT Parks like the World Trade Center, Manyata Tech Park, Kirloskar Tech Park, and Devanahalli Business Park. There are also several PSUs like BEL and HMT located nearby. With these huge organizations located so close, homebuyers can be sure of two things: a quick commute to their place of work and no dearth of tenants who can rent their properties. Both of these benefits assure home buyers of long-term satisfaction from their investment.
Residential projects for every budget
Most of the older localities of Bangalore are far too expensive for the majority of young investors. Property prices have skyrocketed and even a large budget might not get the average buyer a high square footage. On the other hand, while most areas in North Bangalore have a long and rich heritage, their prominence as real estate investment hubs is only coming to the fore now. Because of this, the price of a property is still very affordable. North Bangalore offers homes to suit every need and budget. Since many of these are new constructions, the quality of the projects is also far superior to those in nearby areas. They come with a host of luxury amenities like clubhouses, swimming pools, gyms, and more. This offers residents a greater quality of life at a significantly lower price.
Burgeoning social infrastructure
Regardless of the price per square foot or the future appreciation of the property, the biggest concern for families planning a real estate investment is its proximity to vital social infrastructure. Prestigious schools, state-of-the-art hospitals, and plenty of opportunities for entertainment and recreation are not optional. Fortunately, North Bangalore ticks all of these boxes. Schools like Kendriya Vidyalaya, VIBGYOR High, and Orchids The International School ensure that your child receives an early advantage through world-class education. There are also several reputed hospitals like Columbia Asia and MS Ramaiah Memorial Hospital which offer cutting-edge medical treatment with several specialties. Orion Mall, and RMZ Galleria Mall along with restaurants like Sigree Global Grill, Brewklyn Microbrewery, Onesta, and Truffles ensure that you and your family will never have a dull moment while you live here!
To sum up, North Bangalore offers residents the ideal combination of real estate investment value and excellent quality of life. Generally, only Devanahalli or Yelahanka get the limelight for their location while speaking of North Bangalore. But, Jalahalli is one of the most promising residential localities of the region. In the city, yet away from the bustling crowd, Jalahalli is becoming the new address of the town with great connectivity to key locations through road, rail, metro, and air! In a locality of low-rise and limited apartment projects, Shriram Properties brings to Jalahalli a high-rise lakeside-facing residential project that will be the perfect destination for investors & end-users alike! There’s nothing like living by the lake and enjoying spectacular views, greenery, and calm evening walks to relax the tired mind. Experience #LifeByTheLake with aspirational spacious homes loaded with amenities for everyone in your family. This project is for everyone who wants to lead a life amidst a green oasis and still be connected to the happening city without creating a hole in their pockets!