March 15th 2023

Investing in Real Estate: The Advantages of South Bangalore

If you are looking to invest your money in real estate, South Bangalore is the place to be. The area is not only a prime location, but it is also witnessing rapid development, making it an ideal investment destination. In this blog post, we will explore in detail the advantages of investing in real estate in South Bangalore, backed by some facts and figures.

Prime Location

South Bangalore is one of the most desirable locations in Bangalore, thanks to its prime location. It is home to some of the most prestigious institutions, hospitals, and commercial establishments. According to a report by Magicbricks, South Bangalore is one of the top-performing micro markets in the city, with an average capital value of Rs. 7,041 per sq ft.

Excellent Connectivity

South Bangalore is well-connected to the rest of the city, thanks to the Namma Metro. The Metro has made commuting much easier and faster, connecting the area to the rest of the city. According to a report by ANAROCK, the extension of the Metro line from Yelachenahalli to Anjanapura Township will further boost the real estate market in the area.

Rapidly Developing Infrastructure

South Bangalore is witnessing rapid development, with many infrastructure projects in the pipeline. According to a report by JLL, the area has witnessed a 50% increase in office space absorption in the last five years. The development of new roads, flyovers, and other infrastructure projects is expected to further boost the real estate market in the area.

High ROI

Real estate in South Bangalore offers a high return on investment (ROI). According to a report by Square Yards, the average price of a 2BHK apartment in South Bangalore is around Rs. 1.2 crore, with an average rental yield of 3.2%. This means that investing in real estate in South Bangalore can provide you with a high ROI in the long run.

Booming Real Estate Market

The real estate market in South Bangalore is booming, with high demand for properties in the area. According to a report by Knight Frank, the area witnessed a 10% increase in the number of units launched in 2021 compared to the previous year. The report also states that South Bangalore is one of the top micro markets in the city in terms of sales and supply.

High Rental Income

South Bangalore is an excellent location for rental properties, with a high demand for rental properties in the area. According to a report by PropTiger, the average monthly rent for a 2BHK apartment in South Bangalore is around Rs. 25,000. This means that investing in a rental property in South Bangalore can provide you with a high rental income, making it an excellent investment opportunity.

Diversification of Investment Portfolio

Investing in real estate in South Bangalore can help diversify your investment portfolio. According to a report by Magicbricks, the area has witnessed a 25% increase in the number of new launches in 2021 compared to the previous year. Real estate is a tangible asset that can provide you with a steady income stream and long-term capital appreciation. This makes it an excellent addition to your investment portfolio, which can help mitigate risks and provide you with a more stable financial future.

Conclusion

Investing money in real estate in South Bangalore can be a smart decision for many reasons. With its prime location, excellent connectivity, and rapidly developing infrastructure, South Bangalore is a hot spot for property investments.