Jul 18, 2023

Top 5 up-and-coming property areas in Bangalore

by Godrej Properties Limited

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Bangalore, commonly known as India's Silicon Valley, is a city with a wide range of real estate investment opportunities. The city is organised into four major regions: north, east, west, and south, each with its distinct qualities and benefits. Let’s learn about Bangalore before you plan to invest in the neighbourhood. This article will guide you through the best future regions in Bangalore to invest in.

 

  • North Bangalore: The North Bangalore region is noted for its easy access to and around the city and well-developed infrastructure. The neighbourhood is home to several IT organisations and start-ups, making it a popular destination for IT workers. Bagalur, Yelahanka, and Jakkur are some of the greatest neighbourhoods in North Bangalore to invest in real estate.
  • East Bangalore: East Bangalore offers a lot of greenery and has become the city’s most desirable place to live. At the moment, the zone is one of India's most active business centres. Even though it is primarily residential and commercial, it has retained its vegetation. Whitefield, Sarjapur, and Electronic City are some of the greatest districts in East Bangalore to invest in real estate.
  • West Bangalore: West Bangalore is a well-known region that serves as an industrial powerhouse. The zone also includes a few residential projects, but the vast majority of it is industrialised. The zone is well-developed, with multiple colleges, schools, hospitals, and nearly all civic infrastructure. Mahadevapura, Marathahalli, and Bellandur are some of the greatest neighbourhoods in West Bangalore to invest in real estate.
  • South Bangalore: South Bangalore is one of the five zones that make up the city. The bulk of the zone is occupied by indigenous and local people who continue to uphold their traditions and customs. The zone is rich in culture and tradition, as seen by its temples and heritages. Despite this, the neighbourhood is developing into a commercial space in and of itself. South Bangalore real estate investment hotspots include Jayanagar, BTM Layout, and HSR Layout.

It's worth noting that these are only a few of the city's many popular neighbourhoods, and it's always a good idea to conduct your own research and due diligence before making any investment selections. However, when property prices, infrastructure, connectivity, and the presence of IT businesses are considered, these areas are projected to be safe bets for real estate investment in 2023.

Trending neighbourhoods

The top trending localities to invest in Bangalore, according to the research, are:

Whitefield

Whitefield is one of Bangalore's most popular areas for real estate investment. Property prices in the neighbourhood have risen significantly in recent years, with the average property price in the area presently hovering at ₹8,000 per sq. ft. The area is well-known for its developed infrastructure, good connection, and a big number of IT enterprises, making it a popular destination for IT workers. Godrej Splendour and Godrej United  in Whitefield, Bangalore, are Godrej properties located on the city's eastern outskirts. It is in a peaceful neighbourhood and offers inhabitants a range of modern and basic amenities.

Sarjapur 

Sarjapur is yet another prominent Bangalore neighbourhood for real estate investment. Property prices in the neighbourhood have steadily increased in recent years, with the average property price in the area now hovering at ₹6,500 per sq. ft. The area is well-known for its IT enterprises, developed infrastructure, good connectivity, making it a popular destination for IT workers.

Godrej Park Retreat and Godrej 24 Sarjapur are futuristic projects initiated by Godrej Properties on Sarjapur Road in Bangalore. 

Indira Nagar

Indira Nagar is another affluent Bangalore neighbourhood with a long residential and commercial development history. Located in the city's east, the neighbourhood is well connected to popular areas in Bangalore such as Domlur, Kodihalli, CV Raman Nagar, Koramangala, HAL Layout, Ulsoor, and Jeevanbheemanagar. The region is one of the city's well-known upscale neighbourhoods, with integrated social infrastructure, good connectivity, and easy access to the city's major business districts. The neighbourhood is also known for prominent residential developments such as Godrej Athena.

Bagalur

Bagalur is a mid-scale suburban region in North Bangalore with a large number of residential units. The area is well-known for its developed infrastructure, good connection, and several IT enterprises, making it a popular destination for IT workers. If you are planning to purchase a flat in the suburbs, Godrej Ananda might be a wonderful option to go for.

Kanakapura

Kanakapura Road or Kanakapura is a Bangalore suburb to the south of the city. It is a green space in Bangalore that is managed by the State Government. Kanakapura Road has seen such rapid development in recent years that it is now widely sought after by developers as a real estate hub with Tier 1 construction projects. One of the few areas in Bangalore with adequate subsurface water levels. The NICE (Nandi Infrastructure Corridor Enterprises Road) corridor connects Kanakapura Road to Electronic City. The neighbourhood is also known for prominent residential developments such as Godrej Eternity.

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