Increasing demand of real estate companies in North Bangalore - know why

Real estate is a growing industry especially when you consider the outskirts of Bangalore. North Bangalore is one of the major hubs of activity and this is the main reason why the demand for real estate has sky rocketed in the recent years. You will be astonished by the jaw dropping price some of the brokers will quote for a mere 2 BHK apartment. If you are thinking about moving in this part if the city or going to buy some property here, you will have to do a lot of market research before you take the plunge.

Things that you will have to keep in mind

The first thing you will have to understand is that the north is still the one area where the Silicon Valley is growing. Compared to the rest of the city, there are still land available in the northern part of the city. You will be able to find property in this part and some of them will eventually meet your budget. If you are looking for some residential apartment then North Bangalore is one of the first place you should start your search from. The regions around Hennur Road and Devanahalli are some of the best place that have gone through some real estate developments in recent times. Since there are still vacant lands available in these regions, you are more likely to find a place to stay than any other place in the town.

The kind of property you want to invest in

In terms of resale value and the available infrastructure, this is also a region which makes top priority for people looking for investment in real estate. There are all the modern amenities available in north Bangalore. You will be able to commute by the high speed Metro rails that has come up in this region. Most people who decide to live in Bangalore is because of the IT industry and you will need to commute from your office if you are working for a private sector. So getting a well-connected place should be the highest requirement when you are going to buy a residential apartment. You will be able to use the Metro rail and the mono rail links to get to the hub of the city where all the major corporations are located. This is an important factor when you consider the price of a real estate. The apartments or buildings located in close vicinity of a metro station will be priced much higher that the ones that are located in the interior. This does not mean you cannot reach the metro stations from the interior regions. The whole of north Bangalore is well connected by the metro link and there are more new projects which are coming up. It only means you will probably have to take some transport to reach the metro station and then avail the metro. If your priority is getting a place that is well connected, you will have to be prepared to shell out more.

Author Bio:Pratheepa is a professional content writer from Chennai who has a keen interest in researching and writing on the realty trends of the country. She currently writes for indiaproperty.com.