If you are a homebuyer looking for suitable locations, Indira Nagar, Hennur and Abbigere have featured among the top areas to invest in Bangalore. Although the luxury market is predicted to recover slowly, the mid-income and inexpensive housing segments in surrounding suburbs are expected to experience greater demand from purchasers. Let’s take a close look at each community and assess its long-term growth prospects. Here are the top ten emerging regions in Bangalore to invest in.
Attibele
Nestled close to Electronic City in South Bangalore, Attibele has secretly transformed into a coveted realty destination. Not only it offers a burgeoning base of IT and Biotech companies, but also smooth connectivity to reputed employment hubs, such as Silk Board Junction, and Anekal. Earlier, a quiet village, real estate in Attibele, has primarily gained momentum on the back of spillover demand from Electronic City.
Abbigere
Abbigere in North Bangalore, which was formerly an industrial area, has now transformed into a potential residential market. The closeness to the airport (20 km), Yeshwantpur Railway Station (4 km), and other notable places of Bangalore, such as Jalahalli Cross, BEL Circle, and PB Road, have all contributed to its growth. Furthermore, it is about 10 kilometres from Manyata Tech Park. Abbigere caters to the housing demands of purchasers of all budgets and property kinds
Kadugodi
Homebuyers prefer Kadugodi for its affordable property rates, Rs 5,400 per sq ft. The commercial establishments in Whitefield, Bellandur and Outer Ring Road (ORR) are within 14 km and the prime driver of housing demand in Kadugodi. Residential apartments of 2 BHK configurations constitute the majority of inventory here, with monthly rentals around Rs 20,500.
Indira Nagar
Located along the Old Madras Road, Indira Nagar tops the list of popular investment hubs in Bangalore. Known for wealthy neighbourhoods, cosmopolitan culture, green stretches and serene environment, it is an established housing locale in the eastern part of the city.
Whitefield, the popular IT hub, too, is directly accessible from Indira Nagar via Varthur Road. After the Information Technology boom in Bangalore in the late 1990s, Indira Nagar and its two arterial roads, 100 Feet Road and Chinmaya Mission Hospital Road, became semi-commercial.
