subject: Bangalore Property Add Value To High Rental Returns [print this page] Today Bangalore is the best place to earn quick returns on your residential property is high rentals. Your search for property and decision to give out on rent depend on three factors: location, location and location. When you plan to buy residential property in Bangalore location plays a significant factor to determine whether the investment will fetch you a handsome returns.
Bangalore is a growing realty sector ensures that rental returns are significant while choosing the location wisely. Today tenants looking for homes and also looking for the proximity to social infrastructure, a good quality of living with public transport networks.
Tenant looking for residential homes which include three factors:
Localities:
Bangalores growth along the Outer Ring Road (ORR) has been phenomenal. Development of residential property in Bangalore has taken off a big way in a radius ranging from 5-7 km off the ORR. In region of international airport, the emergence of residential property in areas like Hebbal, Yelahanka, Doddaballapur, Bellary Road and areas around NH-7 can be attributed to the rapid progress of infrastructure projects. Between Hessarghatta Road and Doddaballapur there are many residential property also stretch between Hebbal and Yelahanka. The Whitefield micro market is a self sustaining region with widespread residential growth making its way up to Hoskote Industrial Area owing to the upgradation of Old Madras Road and Expressway to Chennai. In South Bangalore, Kanakapura Road and its surrounding areas as well as Bannerghatta Road continue to attract high rental returns.
A big draw for residential development in the West is the Magadi-Mysore Road section. Proposed high speed rail connectivity to Mysore as well as industrial growth in the region has triggered off a boom in this area of the city.
Facilities:
Residential apartment have high rental returns based on factors such as facilities available within the complex like round-the-clock security, swimming pool, tot-lots, play areas, parking, car parking (open/covered) and other entertainment options. People wants proximity to prominent retail high streets in the area as well as good connectivity are also that matter. Individual House is stuffed with facilities like parking, sufficient supply or water, interiors with all amenities having good location are the main criteria. Gated Communities has the quality of lifestyle and location of the villas as well as reputation of the residential property developer plays a vital role in determining good rental returns.
Infrastructure:
Residential property fetches high rental returns with the infrastructure in its vicinity is an indicative factor. Areas such as Indiranagar, Baiyappanahalli and Ramamoorthynagar rents have spiraled after the Metro Rail commenced operations. Infrastructure in such roads and Metro Rail connectivity have significant factors when looking to gain out of an investment in residential property.
