5 Reasons to Purchase Property in East Bengaluru

Namma Bengaluru has experienced massive economic growth, thanks to upcoming multinational companies across various industries. The central government's relentless push for indigenous products and services through its "Make in India" scheme has favoured the growth of promising start-ups.

Individuals pursuing good employment opportunities are trooping into the city from all over the country. The inflow of people has piqued the demand for commercial spaces and residential properties, accelerating the real estate of regions across the city, like East Bengaluru.

A thriving employment hub, strategic location, robust infrastructure and burgeoning economy will continue to create demand for apartments in East Bengaluru, contributing to its soaring real estate worth.

A Robust Employment Hub

Special Economic Zones (SEZs) in East Bengaluru have attracted mid-level start-ups to the who's who of the corporate sector to set up their shops in the area. The influx of companies has turned the locale into an employment hotspot. Major IT parks like International Tech Park Bangalore (ITPB), Brigade Tech Park and Export Promotion Industrial Park (EPIP) have enhanced the value of the area among job seekers.

A surge in employment opportunities consistently drives the demand for residential properties in East Bengaluru. Investing in real estate in the area can attract high-quality tenants, generating consistent rental income.

Improved Connectivity

The impact of excellent connectivity on the real estate value of East Bengaluru has been truly transformative.

Top-Notch Physical and Social Infrastructure

With an increasing demand for commercial spaces and residential flats in East Bengaluru, the state government has actively started investing in infrastructure development in the locality. It has further positively impacted the area's real estate values.

The widening of roads, construction of flyovers and underpasses and the development of social and recreational spaces have enhanced the overall livability index of the region. The presence of metro stations in areas like Baiyappanahalli, Indiranagar and Mahadevapura has significantly boosted the demand for properties in these localities.

Renowned educational institutions attract families seeking quality education for their children. World-class hospitals and medical centres provide top-notch healthcare services. Indiranagar is dotted with several pubs and multi-cuisine restaurants, making the locale a haven for social animals.

Return on Investment

The region has witnessed a boom in its real estate value, and the trend is expected to continue. Consistent infrastructural upgrades, proximity to bustling IT/ITES hubs and improved connectivity are some of the factors that will continue promising recurring return on investment potential.

With more multinational companies slated to operate in East Bengaluru, housing demand is expected to rise, which will promote property value appreciation.

Premium Residential Properties

The unveiling of the ITPL (Information Technology Park Limited) tech park catapulted the position of East Bengaluru among the real estate A-listers. The tech park fuelled the growth of more IT players which prompted job seekers to make a beeline for the region.

A foresight of high housing demands motivated developers to construct premium residential projects. Brigade Calista is one of these real estate ventures. The project recently had its Phase 1 completed, and its Phase 2 is undergoing construction, featuring 2 and 3 BHK apartments. Built on 11 acres of land, Brigade is a luxury gated community near Budigere Cross. The apartment series has world-class amenities and green buffer zones for a fulfilling living experience for its residents.

East Bengaluru offers various housing options to suit different preferences and budgets, from high-rise apartments and gated communities to villas and independent houses.

Whether you are seeking a compact studio apartment or a spacious villa with a garden, you can find a property in the Eastern part of Bengaluru that meets your requirements.

Arterial roads, including the Outer Ring Road (ORR), the Old Madras Road and the National Highway 44, facilitate seamless connectivity between the area and the city's critical parts, such as the Central Business District, major IT parks and the international airport.

Situated in the heart of East Bengaluru near Whitefield-Sarjapur Road, Brigade Sanctuary is a newly launched residential project. It boasts excellent connectivity to Varthur, Hosur Road, Sarjapur and Outer Ring Road.

Conclusion

There is no doubt that the consistent economic growth trajectory of the place makes it a lucrative residential real estate investment in Bengaluru. However, it is recommended that home buyers conduct thorough research, analyse market trends, and seek expert advice before making any investment decisions.

With careful planning and a long-term perspective, investing in apartments in East Bengaluru will yield fruitful returns and serve as a solid foundation for building wealth in the dynamic real estate market.