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By Lodha
July 27, 2024Over the years, Bangalore’s real estate market has witnessed a boom. From young professionals setting up homes to multinational companies purchasing commercial space for sale in Bangalore, the city’s realty landscape has seen tremendous growth. However, just like any other metropolis, anyone looking to invest in upcoming mega projects in Bangalore must consider the location of the property in question. The right location can fetch high rental yields and offer considerable resell value. From buyers looking for an apartment for sale in Bangalore to entrepreneurs setting up their headquarters, Bannerghatta Road has drawn investors alike. One of the posh areas of Bangalore, Bannerghatta Road has also emerged as a real estate haven. If you want to invest in commercial space or a new apartment in Bangalore, Bannerghatta Road may be the perfect choice.
Bannerghatta Road: One of Bangalore’s Posh Localities is a Real Estate Haven
Bannerghatta Road has quickly outshone other areas as one of the best places to live in Bangalore, and with good reason. Bannerghatta Road is more than one of Bangalore’s best residential areas. It is also where you can buy commercial property in Bangalore that meets your entrepreneurial needs. Apart from exceeding practical expectations, property in Bannerghatta Road can be an asset to your portfolio. Here’s why investors across the nation consider the area to be one of the safest bets among Bangalore’s mega projects:
Effortless Commutes
Bannerghatta Road is a roadway that stretches over 50 km, connecting various areas of the city. One of the more prominent highways of Bangalore, Bannerghatta Road is instrumental in helping residents combat bumper-to-bumper traffic for easier commutes. Flats for sale on Bannerghatta Road are highly valued because of the highway's connectivity. A quick drive down Bannerghatta Road can connect you to the six-lane new Outer Ring Road in Bangalore. Looping around the North-East-South corridor of the city, Bangalore’s Outer Ring Road is one of the best and quickest ways to traverse the metropolis. Since it is a prominent junction on the Outer Ring Road, offices and flats near Bannerghatta Road are highly popular among investors.
The Namma Metro services also play a significant role in connecting Bannerghatta Road to the Outer Ring Road. Bangalore Metro’s Pink Line connects a station on Bannerghatta Road to the Outer Ring Road allowing greater connectivity for public transport users. The Namma Metro Pink Line makes Bannerghatta Road an even more attractive area for investors looking for easier access to different modes of transit for the workforce. Apart from the Namma Metro Line, Bannerghatta Road also connects to various other junctions in Bangalore.
World-class Infrastructure
Bannerghatta Road boasts some of the best infrastructure in Bangalore and is dotted with amenities across its entire stretch. Young families investing in a new apartment on Bannerghatta Road can access some of the city’s premier educational institutions. From world-class schools like Ryan International School, and Sarala Birla Academy to top-notch colleges like the Indian Institute of Management (IIM), parents living on Bannerghatta Road can rest assured that their children will receive quality education.
Similarly, the area is also popular among investors due to its proximity to healthcare facilities, including Apollo Hospital, Fortis Hospital, and more. Investing in flats for sale near Bannerghatta Road also allows residents to experience the vibrant city by hitting up entertainment avenues like cafes, pubs, restaurants and clubs. Living on Bannerghatta Road allows investors to ensure that they, or their tenants, live in some of the best apartments in South Bangalore without wanting anything. Whether it’s visiting malls, shopping centres or movie theatres, Bannerghatta Road has it all.
Return on Investment
While investing in any project in Bangalore, buyers must keep an eye on the potential for returns. If they’re purchasing a property outright, they must factor in the resell value. Due to its proximity to areas near the Outer Ring Road in Bangalore, the Namma Metro, and world-class amenities, Bannerghatta Road has great resell potential. The area is ideal for both commercial and residential projects by some of the top real estate developers in Bangalore. It is poised for appreciation as infrastructure improves and the area continues to develop. Bannerghatta Road’s closeness to IT parks, commercial hubs and business zones also makes it the perfect area for potential tenants. If investors are looking to lease out their property, not only will a space on Bannerghatta Road prove popular amongst renters but can also fetch a high rental yield due to its location and connectivity.
Lodha Azur
With so much to offer, it’s no surprise that Bannerghatta Road is peppered with the latest infrastructure projects in Bangalore. However, among all the infra projects in Bangalore, Lodha Azur by one of the top builders in Bangalore is the crown jewel. Lodha Azur allows you to invest in flats for sale in South Bangalore that offer a rare confluence of high-end living, panoramic lake views, architectural elegance, world-class amenities, and grand open spaces, creating a lifestyle that only a privileged few can access.
Investing in a luxury apartment in South Bangalore with terrace-like decks presenting panoramic views of the serene lake beyond and soothing greens could be one of the best ways to harness the benefits of Bannerghatta Road and add an asset to your portfolio.