Residential
Where to invest in Bengaluru: Your guide to choosing the best from North, South, East & West
June 21, 2023
Bengaluru is high on the radar of both homebuyers and investors, being the second-best realty markets in the APAC region. The city’s IT powerhouse status, widespread infrastructure expansion and overall market stability ensure that the spotlight remains on Bengaluru real estate.
Bengaluru's population has grown more than three times since 1990. Many people move to the city for better opportunities, such as employment benefits, education, way of life, environment, weather, etc. The varied housing options to suit every budget have led to the rise of highly sought-after residential projects in Bangalore.
The demand for rentals and family-friendly 2 & 3 BHK properties in the key areas are catching up with an average rental yield of 5-7%. The significant return on investment and price appreciation that come with investing in property in Bengaluru are the other attractive reasons for buyers making a beeline for the real estate sector here.
Here’s a zone-wise look at the best residential areas in Bangalore and properties to watch out for if you are looking to invest:
North Bengaluru
Great connectivity to all parts of the city and excellent infrastructure keep the North zone on a pedestal for real estate investors. Numerous IT businesses have set up shop here. By 2025, North Bengaluru will add at least 3.5 Lakh new jobs, attracting the new crowd to buy homes in the vicinity.
North Bengaluru is closer to the Kempegowda International Airport and the Central Business District. Elevated expressways, metro lines, flyovers linking the Outer Ring Road, NH-7 and Peripheral Ring Road and the BMTC routes that dot the area make commuting a breeze.
There is tremendous industrial and commercial sector growth in North Bengaluru especially with the support of the Karnataka Industrial Areas Development Board (KIADB). Brigade El Dorado is an upcoming residential project by Brigade Group situated within the vibrant Aerospace Park of North Bengaluru. This 50-acre integrated enclave offers the best in community living.
Areas like Hesaraghatta, Hebbal, Devanahalli, Yelahanka, Jakkur and Hennur Road here are brimming with real estate investment possibilities. Yelahanka is still going steady in these areas, with a 7% increase in real estate prices from the previous years.
Brigade Laguna is ideally situated amidst a host of significant landmarks and essential facilities, making it a perfect choice for your dream home. Enjoy the serene beauty of Rachenahalli Lake Park, explore the rich history at Model Village Museum, and take leisurely walks along Rachenahalli Lake Road. In addition to these attractions, the convenience of having Manyata Business Park, Kirloskar Tech Park, and KIADB Aerospace Park nearby provides unparalleled opportunities for career growth and business ventures.
The quaint town of Devanahalli is another upcoming hub of luxury residential properties. Brigade Oasis, a premium plotted development and Brigade Orchards, a multifaceted smart township in North Bengaluru, are some of the new and exciting projects known for their luxury offerings and amenities.
South Bengaluru
South Bengaluru is an interesting mix of the old and new parts of the city, with several established neighbourhoods and rapidly growing new localities. With its proximity to Kanakapura Road and connectivity to other parts of Bengaluru through the Namma Metro project, the region is one of the most preferred locations for many homebuyers and investors.
South Bengaluru is home to several educational institutions, major businesses, and recreational facilities with a lot to offer people of all ages. The best localities to invest in here are Basavanagudi, Jayanagar, BTM Layout, Banashankari, Kanakapura Road, Electronic City and HSR Layout. A futuristic residential project, Brigade Komarla Heights is strategically located in Padmanabhanagar and lets you enjoy all the benefits of living in this part of Bengaluru. Likewise, Brigade Valencia located at Electronic City lets you experience a touch of European flair with expansive green spaces and Spanish-style homes.
East Bengaluru
The stretches of green spaces and the amazing social infrastructure in East Bengaluru make it a gateway to myriad opportunities and a prime location for residential developments. When striking the right balance between a productive work environment and a peaceful living environment, East Bengaluru takes the cake.
One of East Bengaluru’s most established residential and commercial districts is Whitefield. Multiple housing options, the Krishnarajapura-Whitefield purple line metro link and the railway station, which is part of the suburban rail network, connecting it to other parts of Bengaluru are a few of the plusses of buying a home in Whitefield. Brigade Calista, our property at Budigere Cross near Whitefield, promises a downtown living experience and excellent connectivity. It has recently launched its second phase, offering luxurious 2 and 3 BHK with top-notch amenities.
Sarjapur Road in South-East Bengaluru could be the next promising residential hub with the proposed Outer Ring Road connectivity. Sarjapur Road offers a variety of affordable and opulent residential projects. Indiranagar is another cosmopolitan area and a top choice for both leisure and living.
Brigade Sanctuary, located in vibrant locales near Whitefield – Sarjapur Road, offers 14+ acres of lush green open spaces and airy 1, 3 and 4 BHK apartments with various curated amenities.
West Bengaluru
The West zone is majorly dominated by industries and warehouse activity. However, several colleges, schools, hospitals & civic infrastructure dot the region, garnering home buyers’ attention. Areas such as Mathikere, Tumkur Road, Peenya, Jalahalli, Yeshwanthpur, Malleswaram and Rajajinagar are the popular residential localities in the zone.
West Bengaluru is well-connected to other parts through Mysore Road and Magadi Road. Areas such as Kengeri make for an important transport hub with a railway station, a Traffic Transit Management Centre (TTMC) and Purple Line connectivity of Namma Metro. Mahalakshmi Layout is a large neighbourhood located close to Yeshwantpur and has a large number of temples, including the ISKCON Temple. The Mysore Road Satellite Bus Station, Mysore Road metro station and NICE Road junction are the important intracity transport hubs here.
Brigade Gateway, an elite residential project and Brigade Panorama, winner of the Reality + Excellence Awards 2019, are two luxury properties by Brigade Group in West Bengaluru. The creatively planned and constructed apartments give a good idea of the exquisite quality you can expect in Brigade homes.
Choosing the ideal location for buying a home can mean different things to different people. Of all the factors influencing your home-buying behaviour, location is the most essential factor driving the property's real estate value. All the key zones in Bengaluru have seen considerable infrastructure growth and development over the years. Before deciding to buy a home in the best residential areas in Bangalore, ensure that it aligns with a host of criteria - from transport routes and builder credibility to market stability.
Reference Link:
- https://assetmonk.com/bengaluru-real-estate-market/#:~:text=According%20to%20Knight%20Frank%E2%80%99s%20%E2%80%9CAsia-Pacific%20Outlook%202023%2C%E2%80%9D%20residential,homebuyers%20to%20look%20into%20Bengaluru%E2%80%99s%20real%20estate%20market
- https://www.deccanherald.com/specials/insight/bengalurus-growth-moving-forward-or-fizzling-out-1183339.html
- https://www.nobroker.in/blog/trending-localities-to-invest-in-bangalore/
- https://www.nobroker.in/blog/trending-localities-to-invest-in-bangalore/#:~:text=With%20its%20growing%20economy%2C%20booming%20IT%20sector%2C%20and,great%20residential%20area%20showed%208%25%20growth%20in%202022
Research Links:
- https://www.nobroker.in/blog/trending-localities-to-invest-in-bangalore/#:~:text=The%20Best%20Area%20to%20Invest%20in%20Property%20in,3%20HSR%20Layout%204%20Electonic%20City%205%20Bellandur
- https://cbvalueaddrealty.in/top-10-areas-to-live-in-bangalore-2023/
- https://timesproperty.com/news/post/places-to-invest-in-bangalore-2023-blid3419
- https://www.magicbricks.com/blog/in-pics-latest-bangalore-real-estate-trends/81181.html
- https://www.colive.com/blog/best-areas-to-stay-in-bangalore/
- Whitefield - Micro Market Overview report v3.cdr (anarock.com)
- THE TOP 5 FACTORS - TO INVEST IN WHITEFIELD REAL ESTATE IN 2023 (radixrealty.co.in)
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