Bangalore

Bangalore is the Silicon City of the Nation, and it is best known for many reasons. It is the capital of the Karnataka State and a global hub for information technology. The city has a moderate climate and has a rich cultural scene with many art forms like music, festivals, languages, and cuisines.

This city has a vibrant ecosystem for startups. It provides great sources for education and career options. It hosts abundant natural mineral resources and unlimited power. It is also known as the Garden City because of its excellent green spaces. It includes many picnic spots, such as Lumbini and Lahbagh Garden, ISKCON Temple, and many more.

Real Estate in Silicon City

The City’s real estate market is one of the most sought-after spots in the nation. The city has seen strong economic growth, extensive job options, and a high quality of living. It has ranked as a top habitat for living and real estate investments.

Its market is growing, backed by steady demand. There are constant launches of new projects and upgrades to urban amenities. It also offers price appreciation. These are prime reasons why the city market is always viable and best to invest in.

According to real estate experts, Bangalore's real estate is growing at a rate of 10% per year. It can also reach $150 billion by 2025. The market has attracted large MNCs and domestic firms to expand their presence. Some factors to Ponder:

• The City’s rental yield is 4.35% and it is one of the highest rental yields.
• It has attractive returns of 8.98% on housing projects within 10 years.
• Infrastructure growth via new roads, flyovers and metro lines is improving at higher rates.
• And it boosts the value of the projects in and around.
• Some of the chief areas to invest in are Whitefield, Electronic City, and Sarjapur, which promise high returns.

Why is Bangalore Best to Invest

Bangalore is a landlocked city with limited land area. Hence, it has increased land and property prices. The city is the major hub for the IT, Aerospace, and Biotech firms. It has attracted a large influx of careers in various fields. It leads to a high demand for housing and retail spaces. Hence, the high demand for real estate coupled with the restricted land supply. It increases the competition and keeps property prices high.

Sobha Group pre launch new project Sobha Crystal Meadows