Why is North Bangalore worth investing in real estate?
North Bangalore is one of the fastest-growing areas in Bangalore and is quickly becoming a sought-after location for real estate investment. The area is popular for its excellent infrastructure, employment opportunities, education and healthcare facilities, and development potential. It encompasses a vast area that includes several important residential, commercial, and industrial localities. Over the past decade, this region has undergone significant development and transformation, making it a prime location for real estate and commercial investments. One of the key reasons for the development of North Bangalore is its proximity to the Kempegowda International Airport, which is only a few minutes away. This has made the area a hub for various industries, including logistics, aviation, and hospitality. Many multinational corporations and IT companies have also set up their offices in this region, providing ample employment opportunities for the residents.
Another significant factor leading to the growth of North Bangalore is the presence of well-established educational institutions like the Indian Institute of Science and the University of Agricultural Sciences (UAS). These institutions have attracted a large student population, increasing the demand for affordable housing options. North Bangalore is also home to some of the most sought-after residential neighborhoods in the city, including Hebbal, Yelahanka, and Thanisandra. These areas offer a serene and peaceful living environment with easy access to basic amenities like hospitals, schools, and supermarkets. With the increasing demand for residential properties, several real estate developers have launched new housing projects in these areas, providing residents with affordable and luxurious housing options.
There are several reasons North Bangalore is worth investing in real estate, some of which are outlined below.
Infrastructure: North Bangalore is home to several key infrastructure projects, making it an attractive location for investment in real estate. For instance, the Bangalore Metro Rail Project is being expanded to cover several areas in North Bangalore, which will greatly improve connectivity. The Bangalore International Airport is also located in North Bangalore, further enhancing connectivity and accessibility.
Employment Opportunities: North Bangalore has several large IT parks and SEZs, including Manyata Tech Park, Embassy Manyata Business Park, and Kirloskar Business Park. These IT parks and SEZs have attracted several large companies and startups to the area, creating many employment opportunities. This has led to an increased need for housing in the area, making it an attractive zone for real estate investment.
Education and Healthcare Facilities: North Bangalore has several top educational institutions and healthcare facilities. Some notable educational institutions in the area include Bangalore International School, Canadian International School, and Ryan International School. Additionally, the area has several top healthcare facilities, such as Columbia Asia Hospital, Baptist Hospital, and Aster CMI Hospital. The presence of these facilities makes North Bangalore an attractive location for families and professionals, increasing demand for housing in the area.
Development Potential: North Bangalore is still in the initial stages of development, which means there is a significant potential for expansion in the area. The government has already identified North Bangalore as a key growth area and has several plans for its development. For instance, the government has proposed the development of an Aerospace Park, a Science Park, and a Financial City in the area. These developments will greatly enhance the value of the real estate in the area, making it an attractive location for investment.
Good Returns on Investment: North Bangalore has witnessed a significant increase in property prices in recent years, and the price trend is expected to continue. With the area's growth potential and the increasing demand for housing, real estate in North Bangalore will likely offer good returns on investment in the long run.
In conclusion, North Bangalore is a good location for real estate investment due to its infrastructure, employment opportunities, education, healthcare facilities, development potential, and good returns on investment. With the government's plans for the area's development and the increasing demand for housing, North Bangalore is likely to continue to grow and offer good investment opportunities.
Provident Ecopolitan
One of the finest Why is North Bangalore worth investing in real estate? is Provident Ecopolitan. Provident Ecopolitan is a new residential development in the Aerospace Park at Bagalur, North Bangalore. Provident Housing, a Puravankara Limited subsidiary, developed this project. The project offers a unique living experience with unmatched amenities that promise to make life more comfortable and enjoyable for residents. The development is spread over 11 acres of land and offers 1, 2, and 3 BHK apartments thoughtfully designed with world-class amenities. With 80% open space, Provident Ecopolitan allows residents to enjoy nature and indulge in various outdoor activities. Some of the project's key highlights include a clubhouse, gymnasium, swimming pool, children's play area, jogging track, and beautifully landscaped gardens. Additionally, the development has a retail zone within the premises for everyday convenience. The project is strategically located with easy accessibility to major IT hubs, hospitals, schools, and shopping centers. Provident Ecopolitan is an excellent investment opportunity near the upcoming Kempegowda International Airport. The project's location and the availability of world-class amenities make it an attractive choice for those looking for a comfortable and luxurious lifestyle. The project offers an excellent opportunity for investors to invest in a property that promises high returns and is expected to appreciate significantly in the coming years.
