- by Suchitra Vivek (Head of Corporate Communication, Sattva Group)
Bengaluru is known for its charm, luxurious modern lifestyle and the best comforts of living. People are on the lookout for luxury and comfort in every aspect of life. The Posh luxurious living is a status factor for many and they are ready to spend even if they are available at high prices. The major population of Bengaluru city is covered by professionals and businessmen. The income that’s earned by these people is high compared to the people working in other fields. Hence, they do not find it difficult to spend enough for luxury living.
There are many areas in Bengaluru where many people are investing. Many real estate developers are also dealing in the selling of plots in specific areas.
Bengaluru has gradually shed the image of being merely a vacation destination and has evolved as a full-fledged silicon city of India. Moreover, multi-national firms operating in different industries have stationed their branches and many other firms are eyeing the city for the same. This has not only given a boost to the degree of industrialization here but has also led to an ex-pat revolution in the city.
Here are the top 4 reasons why Bengaluru is the ideal place for Homebuyers
- Manageable Cost of Living
One of the most flocked metropolitan cities in India, the lifestyle in Bengaluru and the infrastructural makeovers have offered the city an invincible stature. Bengaluru is a city that witnesses ex-pat activity on a huge basis and if you are one of the migrants then you can expect a warm welcome here. If you are here for work and are planning to settle down, Bengaluru is a place to be. The residential spaces here are relatively cheaper and cater to people with varying budget levels. There are apartments, serviced flats and 2-3 BHK homes in Bengaluru that are luxurious yet affordable.
- Powerful Economy
Bengaluru is one of the top Indian cities to experience a high migration rate and ex-pats coming in not only from India but also from different countries. The economy of Bengaluru is flourishing and contributes hugely to the overall Indian fiscal scenario. The best part about the economy of the city is that the central government invests heavily in the private sector which is spurring growth in the IT and manufacturing industries. Moreover, Bengaluru is also known for its aviation domain and aerospace industry.
- High Return Investment Opportunities
Being the IT centre of India, Bengaluru has a multiracial populace with a great social foundation, incredible instructive organizations and always redesigning physical base. As of now, the most encouraging private smaller-scale markets are Outer Ring Road (ORR), Sarjapur Road, Whitefield and North Bengaluru.
It is good to invest near manufacturing hubs, SEZs or industrial parks. Investment done near commercial areas can fetch more return on investment. There are many government projects like the upcoming metro rail project, new airport etc. So many renowned real estate projects are carried out in these areas. Purchasing property near these areas for personal living or for investment purposes can certainly give good returns.
- The variety of projects
In Bengaluru, you get a wide range of options for choosing a residential shelter for you. If you are inspired by open spaces or designer landscapes, Bengaluru seems to be just waiting for you, carrying within it some excellent homes which you would feel as your dream home. You can also explore a world of separate villas carrying within them world-class amenities and lush landscape.
Further to add to the list of advantages, the infrastructure of Bengaluru, the metro projects and wide roads are built for easy transportation. There are good hospitals, schools, retail outlets etc. within a few kilometres in good areas like Sarjapur road, Whitefield etc. where one can invest. Many recreational spots like water parks, resorts, coffee shops, go-karting etc. are also available in Bengaluru thus making it difficult for youngsters not to consider ‘Bengaluru’ as a hot property for real estate investment.
If you are looking forward to residing in Bengaluru, your dream home is just waiting for you. Buy your dream home right now!
