Jan 05, 2024
RESIDENTIAL
Bengaluru, often referred to as the Silicon Valley of India, stands as a beacon of opportunities in the real estate market. With its strong fundamentals, this dynamic city is attracting a mix of domestic and global investments, becoming a hotspot for real estate endeavors.
The market in Bengaluru is one of the most coveted in India, experiencing exponential growth. This growth is driven by a combination of factors including continuous project launches, improvement in amenities, and consistent price appreciation. Impressively, in the first three quarters of 2023 alone, Bengaluru saw the sale of almost 2 lakh residential units, underscoring the robust investment sentiment and promising future supply.
Bengaluru's status as the Silicon Valley of India is not just a title but a reflection of its strong educational infrastructure, with the highest number of engineering and prestigious management colleges in the country. This educational excellence fuels a constant demand in various sectors such as commercial, residential, retail, and warehousing, making it a fertile ground for real estate investments.
Investing in the premium segment of Bengaluru's real estate is advised. These segments show steady growth and are less impacted by market fluctuations.
Areas like Devanahalli and Sarjapur, known as emerging micro-markets, offer significant long-term appreciation potential for plotted developments.
Areas with better connectivity, such as Whitefield and Sarjapur, are in high demand. Their proximity to major IT hubs and business districts makes them prime locations for investment.
Investing in properties developed by renowned developers can lead to higher capital appreciation, as these developers have a history of reliable and quality deliveries.
Properties that incorporate sustainable features are increasingly sought after and can command better profits across short, medium, and long-term investments.
Real Estate Investment Trusts (REITs) are recommended for those looking for lower-risk investments with high yields. REITs in Bengaluru are particularly attractive, offering retail investors a chance to tap into one of the fastest-growing office markets in the country.
According to the Colliers India Report, 2023 marked a high note for India's office market, with a record 58.2 million sq ft of gross absorption across the top six cities. The southern cities of Bengaluru, Chennai, and Hyderabad showed remarkable post-pandemic recovery, demonstrating the resilience and potential of the market.
Bengaluru’s real estate market presents a unique mix of opportunities for investors. From the premium segment to sustainable properties, and the promising prospects of REITs, the city offers a variety of avenues for profitable investments. With its strong educational infrastructure and growing commercial demand, Bengaluru continues to be a wise choice for real estate investors.
ADDRESS
Adress: 6-9-89, 2nd Floor, Near Best Price, Opp Pillar No.270, Attapur Road, Shivrampally, Hyderabad – 500052