In the real estate investment sector, Bangalore is at the front line of India by gaining the name ‘Silicon Valley of India’. The demand for properties in posh areas in Bangalore increased among the local residents as well as the migrants. The dynamics of IT Capital meet everyone’s expectations with its favorable business environment, vibrant job market, and high standard of living. As a result, it has become an attractive city for commercial and residential real estate investments. In this blog, we will explore some of the posh areas in Bangalore for property investment for both residential and commercial purposes.
Posh Residential Areas in Bangalore
1. Indiranagar:
Indiranagar is a very accessible yet posh locality to live in due to its strategic position right in the heart of Bangalore. Known for high-end properties, stately distinguished homes with a green atmosphere and an active social setting. This area includes a mix of very luxurious villas, individual homes and apartments, which satisfy the various needs and budget constraints of many. Indiranagar has close connectivity with some popular industrial, educational, medicare, commercial, and entertainment sites, which leads to its popularity among most families and professionals. A thriving real estate market lies in Indiranagar, signaling the rise in price, making it a first-rate investment choice.
2. Koramangala:
One of the notable posh areas in Bangalore, Koramangala is situated in the southernmost part of the city which is famous for its top-notch amenities in its residential properties. It is often considered to be a hub for IT professionals and entrepreneurs as the neighborhood has a high influx of IT companies, start-ups, and multinational companies. A good number of flats, individual houses, and luxury villas are provided helping the residents of the area to embrace the different kinds of lifestyles. This neighborhood has top-quality recreational infrastructure which includes parks, restaurants, cafes and shops among others. Apart from its highly favorable IT sector, its strategic location and connectivity jointly made Koramangala a much-wanted area for real estate investment.
3. Jayanagar:
Located right in the center of this magnificent city, it is the oldest and one of the most desirable residential communities in Bangalore and is well-known for its well-planned layout and serene environment. This posh area in Bangalore provides a range of individual houses along with flats and luxury villas that accommodate the different needs of the residents. Investors can take advantage of the thriving real estate in Jayanagar which is the hub of major commercial centers, educational institutions, health care centers, and shopping malls, making the life of the residents beautiful and convenient. The amazing thing about the area is the plethora of vivid green spaces, parks and large trees lining the sidewalks. Being home to prominent community spirit and great sites, Jayanagar offers credible returns for real estate investors.
Posh Commercial Areas in Bangalore
1. MG Road:
Mahatma Gandhi Road commonly known as MG Road is a street that produces one of the coolest and busiest commercial areas of Bangalore and is located in the very heart of the city. It is renowned for its shopping mall chains, luxury brand stores, and restaurants. The commercial district enjoys high volumes of shoppers and tourists making it a perfect spot for any retail outlet. MG Road dwells in a rich list of commercial properties comprising offices, shops, and a display center. Its ideal location and ease of access to other parts of the city add to its desirability for capitalists seeking to take advantage of the Bangalore real estate market. This dynamic commercial market with consistent market growth over the years is making MG Road one of the most desirable posh areas in Bangalore that is worth investing in for commercial purposes and lucrative returns.
2. Whitefield:
Whitefield located in the east of Bengaluru, has become a major center for IT operations and businesses within a short span of time. There are major IT parks, MNCs, and business centers in this district which makes it a hub for people with white-collar jobs and entrepreneurs. Whitefield includes a diversity of social infrastructure, namely offices, stores, and industrial parks. This location is associated with outstanding infrastructure, good accessibility, as well availability of skilled professionals making it rather a perfect place for the companies to develop. The substantial demand for commercial properties in areas such as Whitefield creates ample room for property investment in these posh areas in Bangalore city.
3. Rajajinagar:
Nowadays Bangalore’s Rajajinagar is better known as one of the most expensive areas for commercial properties where the real estate market has been booming. Rajajinagar has an advantage when it comes to its location and good connectivity, which make it favorable for businesses. It is most prominent for the fact that its streets are very wide and perfectly planned, along with the best quality infrastructure. The presence of IT companies, renowned retail stores, restaurants, and showrooms tends to attract the population. Rajajinagar makes it easy to get to other major Bangalore commercial centers including MG Road and Whitefield. The location of educational establishments, prestigious schools, hospitals and shopping centers further boosts the attractive nature of the area. The escalating commercial activity, well-integrated highway connection, high-rise commercial and housing facilities, and appealing investment opportunities make Rajajinagar a promising posh area for commercial real estate investments in Bangalore.
Bangalore seems to present an overwhelming number of posh residential areas where a real estate investment can be beneficial. The city provides various options for both residential and commercial purposes keeping in mind the various needs and budget restrictions of the investors. Indiranagar, Koramangala, and Jayanagar are some of the prime posh areas in Bangalore for residential investment with quality living facilities and useful amenities. When it comes to commercial real estate investment, MG Road, Whitefield, and Rajajinagar prove to be the hotspots. Factors like their strategic locations and the thriving nature of their business atmosphere make them an attractive option. Investing in these expensive areas of Bangalore can not only improve the chances for profits but also serve the purpose of having a asset in a city, which is currently at a stage of rapid growth and transition. To find a perfect home with the luxuries of a posh area in Bangalore, contact Jones Asset Management.
