The Top 5 residential areas in Bengaluru that are Hottest to Invest in 2023: Where to Get the Best Bang for Your Buck
The coolest and wisest place to live in during this Hottest economic change. Are you looking to invest in Bengaluru’s residential real estate market in 2023? With so many localities and projects to choose from, it can be overwhelming to determine where to invest your money wisely. We have seen this city grow from a favorite spot for retirement homes to the technological boom that it is today. From the city’s vibrant culture to excellent education and healthcare facilities to the best job opportunities. This city has attracted people from all over the country. This influx of people has led to an increase in demand for residential properties. Making Bengaluru an excellent location for real estate investments. We’ve compiled a list of THE Top 5 residential areas in Bengaluru that are poised for growth and offer the best value for your investment and to have a better lifestyle.
1) SARJAPUR ROAD
Sarjapur Road is one of the most popular and sought-after residential areas in Bengaluru. With its proximity to major IT parks and excellent connectivity to other parts of the city, Sarjapur Road has been witnessing a significant rise in demand for housing. Additionally, the area boasts top-notch amenities such as shopping malls, restaurants, and educational institutions. Making it an ideal location for families. With its potential for growth and attractive return on investment, Sarjapur Road is an excellent option for investors looking to buy property in Bengaluru. This could be the place for you if you want to avoid those greatly debated traffic jams that have made it to some international news tabloids from time to time 🙂
Whitefield has been a prime residential area in Bengaluru for several years now. The area is home to some of the most prominent IT companies and is a hub for the city’s IT industry. With its vast expanse of greenery and beautiful lakes. It also has a wide range of residential options, from luxury villas to budget apartments. Making it a popular choice among first time aspiring homebuyers working around the IT hub.
Investing in Whitefield is an excellent choice for those who seek a balance between city life and a peaceful living environment. Moreover, the area has some of the best restaurants and entertainment centers. Making it a sought-after location for both singles and families. There is also a slight advantage now due to the recently added Purple line by Namma Metro. This gives it an added advantage in escaping the traffic woes and making it easily accessible from the rest of the city.
3) HEBBAL – DEVANAHALLI
Hebbal and its extending locality of Devanahalli is a rapidly developing residential area in Bengaluru. Due to the presence of Manyata Tech Park and Ring Road connectivity. With their proximity to Kempegowda International Airport and easy access to other parts of the city, Hebbal to Devanahalli are top choices for those seeking a convenient and comfortable living environment. The area has several educational institutions, hospitals, shopping centers, and entertainment options, making it an ideal location for families. Additionally, with the government’s plans for developing these localities. It is expected to witness a significant rise in property values in the coming years. Making it an attractive investment opportunity for those looking to invest in Bengaluru. There is also our favorite Jakkur Flying School and Nandi Hills. Also, One of the beautiful Hebbal lakes that adds to the charm for the explorer in you.
4) ELECTRONIC CITY
Once considered a rural locality saw its rebirth with the IT boom and the wonderfully built campus by Infosys. The pride of Bengaluru’s IT family. Electronic City is a fast-growing residential area in Bengaluru that is home to several major IT companies. With its well-developed infrastructure and excellent connectivity to other parts of the city, Electronic City has been attracting a lot of attention from homebuyers and investors alike. The area has a wide range of residential options, from budget apartments to premium villas. Making it an ideal location for individuals from all walks of life. Investing in Electronic City is an excellent choice for those looking for a modern and well-connected living environment. It is also the sort-after locality for a quick escape on weekend getaways via the lovely NICE road and the beautiful NH leading out to the neighboring states.
5) HSR LAYOUT – KORAMANAGALA
HSR Layout – Koramangala is a well-planned residential locality located in South Bengaluru. They are a popular residential area in Bengaluru that has been growing in popularity over the years. The area is known for its vibrant and youthful atmosphere, with a wide range of cafes, restaurants, and shopping centers. If there is a party, it is sure to be in Koramangala. Be it a comedy night, open mic, Karaoke night, Book club, or just a blissful open-air terrace resto-bar. You are bound to find them all here. It also has excellent connectivity to other parts of the city. Making it an ideal location for those seeking a convenient living environment. With its high demand for housing, HSR Layout – Koramangala is an excellent option for end users looking to settle down in Bengaluru.
Investing in residential real estate in Bengaluru is a wise choice, given the city’s rapid development and growth. However, it’s crucial to make an informed decision and choose the right area to invest your money in. By considering these top 5 residential areas in Bengaluru which have shown tremendous growth potential in recent years and are likely to continue to do so in the future, you can make a wise investment that will offer attractive returns in the long run.