Whether you’re a first-time homebuyer or an experienced investor, selecting the right city and location is crucial for making a sound investment. In India’s dynamic real estate market, Bangalore stands out as a prime destination, renowned for its influx of multinational companies, thriving tech start-ups, and skilled workforce. To capitalise on the best apartments in Bangalore, pinpointing the ideal locality is essential. The same principle applies if you’re set to buy commercial property in Bangalore, as well.
Among the many neighbourhoods in Bangalore, Bannerghatta Road has rapidly emerged as a standout area due to the influx of luxurious projects by top real estate developers in Bangalore. With a diverse range of residential and commercial properties available, it represents a significant opportunity for investment. This article provides a comprehensive look at why Bannerghatta Road is considered one of the most promising locations in Bangalore for both new apartments and commercial spaces.
Top Reasons to Invest in Properties on Bannerghatta Road
Bannerghatta Road, also known as BG Road, is a stretch of ~40 km and a reprieve from Bangalore’s busy streets. The highway allows residents of the area to navigate traffic easily and enjoy quicker commutes. It is also dotted with some of the best infrastructure projects in Bangalore and has emerged as an attractive investment opportunity. Here’s why:
Strategic Location & Connectivity
Whether you’re investing in an office or an apartment for sale in Bangalore, evaluating the connectivity of the location is crucial. A well-connected area can significantly enhance rental yields and resale value. Bannerghatta Road is strategically positioned, offering seamless access to the rest of the city. As a key junction on Bangalore’s Outer Ring Road, a 60 km six-lane highway that encircles the city, it provides efficient travel across major city corridors, reducing traffic congestion.
Moreover, Bannerghatta Road is linked to the Outer Ring Road via the Namma Metro Pink Line, with a metro station directly on the road. This connection facilitates convenient public transport to distant parts of the city. Additionally, the area is just 45 km from the international airport, further adding to its accessibility. With these excellent transport links, it’s no surprise that Bannerghatta Road is highly sought after by both homebuyers and investors.
Proximity to Tech Titans
Another key factor enhancing the attractiveness of Bannerghatta Road for investors is its proximity to major upcoming mega projects in Bangalore. For those focusing on commercial property investments, Bannerghatta Road offers easy access to several IT parks and business hubs. It connects to prominent IT centres such as Electronic City and the commercial zones along the Outer Ring Road, home to leading MNCs including IBM, Aztec Software and Technology Solutions, and Oracle India. Additionally, Bannerghatta Road is just 22 km from Koramangala, Bangalore’s renowned start-up hub. With its close proximity to numerous high-profile companies, investing in this area is likely to be rewarding, whether you are considering purchasing a flat in South Bangalore for resale or rental purposes.
World-class Infrastructure
Bannerghatta Road is also home to the latest infrastructure projects in Bangalore. While making an investment choice, keeping an eye out for nearby infrastructure is crucial. If you’re looking for flats for sale in South Bangalore, Bannerghatta Road features excellent infrastructure. From healthcare facilities and educational institutions to avenues for entertainment, Bannerghatta Road boasts some of the best infrastructure in Bangalore.
Additionally, it is also the site for various upcoming Bangalore mega projects which will only elevate the area’s value from an investment standpoint. While the under-construction Namma Metro Pink Line will play a huge role in connecting flats near Bannerghatta Road to the Outer Ring Road, the Sampige and Kanaka Lines of the Suburban Rail Network will also boost connectivity. As part of Bangalore’s new road projects, a flyover between Ittamadu and Kamakhya Junction will streamline access and traffic from Bannerghatta Road to Mysuru Road.
Surge in Demand
Regarding inventory, the majority of properties along Bannerghatta Road are residential apartments. Most of these flats for sale near Bannerghatta Road are 2 BHK and 3 BHK units. The influx of young professionals and growing families to the area has led to an increased demand for new apartments on Bannerghatta Road. With some of the best infra projects in Bangalore emerging along Bannerghatta Road and housing demand at an all-time high, investing in this area could be a valuable addition to your portfolio.
Investment Potential
Flats for sale on Bannerghatta Road are ~Rs 5000 per sq ft. The average home values on Bannerghatta Road have increased by approximately six percent over the past three years and around 18 percent over the last five years. While the property prices may vary over time, the upcoming metro project, arterial roads and railway lines will reduce traffic in the area and boost the liveability of Bannerghatta Road. With increasing connectivity and access to infrastructure, the area is likely to draw not only homebuyers but tenants too.
While Bannerghatta Road is gaining popularity as an investment haven, top builders in Bangalore are gravitating towards the area as well. However, if you want to invest in quality projects that will pay off in the long run, there’s nothing better than Lodha Bangalore. Lodha’s Bannerghatta Road project - Lodha Azur is the crowning glory of the area for investors and homebuyers. Lodha Azur is a sprawling development with spacious flats, stunning views and world-class amenities. This luxury apartment in South Bangalore offers terrace-like decks that present panoramic views of the serene lake beyond and soothing greens.
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