South Bengaluru stands as an ideal destination for both end-users and investors, offering exceptional connectivity and superb physical infrastructure, including well-developed roads and extensive metro lines. The enhanced accessibility makes it an attractive choice for real estate investment.
Bengaluru: If you want to make real estate investments in Bengaluru, South Bengaluru is where you should be looking. As per Magicbricks research, South Bengaluru has emerged as a rapidly expanding rental market, presenting attractive investment opportunities. It witnessed highest rental appreciation compared to other micromarkets of Bengaluru and the entire city.
The leading asset class in South Bengaluru is multi-storey apartments, accounting for nearly 84 per cent of the supply, respectively, with consumers preferring midsized properties.
Promising Investment Hub With High Rental Yields
South Bengaluru stands as an ideal destination for both end-users and investors, offering exceptional connectivity and superb physical infrastructure, including well-developed roads and extensive metro lines. The enhanced accessibility makes it an attractive choice for real estate investment. The key driver behind the significant rental appreciation in the region is the presence of major IT companies and education hubs resulting in increased rental demand.
Electronic City, JP Nagar, Kanakapura, and Bannerghatta are some key localities of South Bangalore.
How accessible is South Bengaluru ?
Benefiting from an exceptional road network, South Bengaluru emerges as a prime investment destination in the city. The renowned NICE Road, linking Bengaluru to Mysuru, provides convenient access through Kanakapura and Bannerghatta. The Hosur road connects the cosmopolitan Electronic City and the industrial hub of Hosur. Furthermore, the operational Green metro line and the upcoming Yellow line in the South Bengaluru region further boosts the connectivity.
Proximity to key locations
- 16 Km from Bengaluru Railway Station
- 24 Km from Yeshwanthpur Junction Railway Station
- 46 Km from Kempegowda International Airport
- 15 Km from Kempegowda Bus Station
The shortest distance values from micromarket localities to each of the key locations have been mentioned above.
Nearby localities of South Bengaluru
South Bengaluru encompasses several localities that contribute to the region’s overall vibrancy and accessibility. The Bannerghatta National Park lies well within the city boundary offering a mix of residential and natural environments Further, the Lalbagh Botanical Garden and Turahalli Forest located in close proximity of JP Nagar offer respite from the bustling urban life in the arms of nature.
Key growth drivers of the South Bengaluru residential market
Job Opportunities: The region is home to numerous IT parks, corporate offices, and industrial zones, creating a robust job market. The employment opportunities attract a significant population, leading to increased demand for residential properties.
Infrastructure Developments: Ongoing and planned infrastructure projects, including road expansions, public transport improvements, and connectivity enhancements, contribute to the overall development and attractiveness of the area.
Green Spaces: The presence of parks, gardens, and open spaces enhances the quality of life for residents. Access to greenery and recreational areas is a significant factor for those considering residential options.
Mixed-Use Developments: The concept of mixed-use developments, combining residential, commercial, and recreational spaces, creates a holistic living environment and supports the growth of the real estate market.
Social Infrastructure: The presence of prestigious schools, colleges, medical facilities, cultural and recreational amenities such as- malls, theaters, etc. enhance the quality of life.
Investment Potential: The region presents a promising opportunity for real estate investors seeking long-term growth through property value appreciation.
The above data is based on research by Magicbricks.
