subject: Potential Areas In Bangalore For Property Investors [print this page] Concept of integrated development has fundamentals to work well for investors in long run. Commercial and residential property of Bangalore close to each other opens up prospects for investors looking at rentals. Bangalore witnessing the creation of micro markets especially in pockets where there is efficient infrastructure.
Bangalore is no different to other cities of India. Bangalore city has grown from residential location with a Central Business District and shopping belts in the commercial areas to a regional business powerhouse. Many micro markets have sprung up around the core city areas in process to this transition.
Emerging micro markets especially those in the outskirts offering property investors a huge potential. Those who investing in land close to the airport have generated huge capital gains. The price is skyrocketed with the airport becoming operational, as Bellary Road being upgraded and more civic infrastructure residential projects being announced.
First significant micro markets close to the city that yielded multi-bagger returns for residential property investors was the IT belt in the south. Locations like: Hosur Road, Bannerghatta Road and Sarjapur Road is the first of the IT hotspots which pushed the land values in the vicinity up sharply with the large number of IT firms.
Demand for housing leds to micro market emerging as a potential location for investors and entrepreneurs alike with demand for commercial as well as social infrastructure on a constant uptrend. Good connectivity is creating a micro market visible in the case of the Outer Ring Road. Here the roads was planned to ease the traffic congestion in Bangalore. However, Bangalore also opened up large parcels of land for development and many IT facilities set shop along the road. It wasnt long before it turned into a commercial hub and significant micro market.
The integrated development being planned around the city are the potential investment hub much like the micro markets of today were some years ago. In earlier days, the social and commercial infrastructure is no longer concentrated in specific parts of the Bangalore city.
The integrated development comes with the convenience of a self-contained neighborhood where you can walk to work and source all the social infrastructure you need in the locality. Given the convenience of well maintained services such as water and recreation, 24*7 power backup etc all these developments offer a new dimension to community living.
It was believed that the Bangalore wouldnt accept apartments being used to bungalows with sprawling gardens. Many people actually prefer residential apartment for the conveniences and safety purpose. Gated communities too are preferred for much the same reasons in Bangalore.
Integrated development of property in Bangalore offers value in term of life and save the precious time of commuting. For example: Leaving one with more time on hand and considerable saving on transport costs. Also bringing the facilities such as a clubhouse or a sports facility with recreational place within walking distance from home and the workspace. Its an attractive proposition for both employers and employees as the convenience of work-live-play add to create a more productive workforce.
An integrated developments are potential avenues for property investors given their long-term relevance here. Having another dimension the citys property sector is acquiring.
