Is It Good To Buy An Apartment In East Bangalore?
East Bangalore is a diverse and rapidly evolving area that offers a modern urban living experience. In past years, the area has witnessed a demand boom in the real estate market for all the good reasons. So, if you are contemplating about buying an apartment in East Bangalore would be good or not, know it will be worth your money.
Let’s look at the reasons to buy property in East Bangalore:
Closeness to major IT Hubs: One of the main reasons behind East Bangalore’s high residential demand is its proximity to major IT hubs. Key areas like Whitefield, HSR Layout, Bellandur and Panathur Road, where most MNCs and their host their office, are just a few minutes away from East Bangalore.
Price Appreciation Trend: Over the past few years, East Bangalore, has seen meteoric growth in the real estate sector of Bangalore. The search for the perfect flat for sale in East Bangalore has gone up significantly. It has become a notable destination for investors who are seeking good returns. Past data shows a strong trend of growth in this area.
High Investment Potential: The question, “Is it worth buying an apartment in Bangalore?” can be best answered with historical high ROI data. According to experts in investing in a luxury flat in East Bangalore is a beneficial choice for long-term investment. The constant developing educational, social and commercial infrastructure and growing job market are crucial drivers for sustained appreciation.
Connectivity with Key Roads: The East Bangalore area is effortlessly connected through a network of strategic roads and highways. It ensures smooth accessibility to the rest of the city. Multiple routes like Budigere, Bagalur, ORR Hebbal, and Old Airport Road Hebbal decrease the time and energy used for commuting. The upcoming metro line will further enhance the convenience of transportation. For frequent flyers, the Bengaluru airport is just a few kilometres away from East Bangalore.
Present and Future infrastructural projects: East Bangalore is on the rise for infrastructural development. These are happening in various sectors like transportation, utilities and civic amenities.
Development of Amenities and Public Transportation: The Karnataka government is investing a significant amount in the development of road networks, public transportation and amenities. Improved road connectivity, well-maintained streets, and robust public transport systems make commuting easy for residents.
More Retail and Entertainment Options: For East Bangalore residents, more retail and entertainment establishments are coming to the area. From luxury brands to local boutiques and PVRs and gaming zone- the area has something for everyone.
Popular Commercial Centres and Shopping Malls: East Bangalore is a thriving commercial and retail hub with innovative shopping malls and commercial centres. Some of the popular ones are Phoenix Marketcity, Forum Shantiniketan, and Garuda Mall, etc.
Safer Space in East Bangalore: East Bangalore has shown consistent low crime rates. The community has robust security systems and policing initiatives that ensure a safe environment for all East Bangalore residents.
Better Quality of Life: The area excels in various quality-of-life indicators. This includes access to reputed healthcare & educational establishments, recreational spaces, and a thriving job market. Open green spaces with a diverse community cultural blend also participate in making lifestyle more interesting in East Bangalore.
With strategic location, presence of IT hubs, smooth connectivity and a history of appreciative trends, East Bangalore is an ideal place to invest in. So, the answer to the question is Yes, it is good to buy a luxury apartment in East Bangalore.
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