Despite being a prominent educational center and having a significant industrial presence, Bangalore traditionally had a laidback vibe to it. The easy-going and peaceful nature of the city had earned it the reputation of being the retirement city of India. The city finally shed this image when the IT industry established itself here and today is a vibrant, cosmopolitan metropolis.
The residential real estate industry in Bangalore is experiencing an unprecedented boom, and the city is growing in all directions. Here are some of the top localities to invest in Bangalore’s real estate:
Devanahalli – This locality is today one of the major employment hubs of Bangalore and is the location of the international airport. The development of the air terminus here brought the locality into the limelight. The establishment of several tech parks in the locality, with more in development, brought in an influx of residents. This, in turn, boosted the residential market, and the locality today is a real estate hotspot.
Sarjapur Road – An agricultural locality on the outskirts of Bangalore, this neighborhood saw a change with the development of tech parks here. Today, this is one of the most sought-after neighborhoods in Bangalore and is on the wish list of home investors. The area has well-developed physical and social infrastructure, which adds to its allure as a real estate investment destination.
Kanakapura Road – Located in the traditionally culturally-rich and elegant suburb of South Bangalore, this is a prime hotspot in the city today. The area has a well-developed network of roads, ensuring great connectivity and easy accessibility to the rest of the city. Excellent social infrastructure is another hallmark of this elite locality, and the residents have access to every modern convenience. The vast green areas and clean air of this locality are a major attraction for investors.
Prestige Group prelaunch apartment is Prestige Serenity Shores.