2 BHK flats, independent houses for sale, rent, and buying; According to a recent report, most Indian homebuyers are looking for two-bedroom properties.

Anarock Research Group recently conducted an audit and discovered that, service-class buyers are driving housing Demand. Across Indian cities (including Mumbai, Delhi NCR, Bengaluru, Chennai, Hyderabad, Kolkata, and Pune), 68% of homebuyers are from the service class, followed by 18% from business class, and 8% from professionals.

Moreover, 79% of the total demand is for units in the mid-to-high-end segment. Usually, high-end units range from Rs 40 lakh to Rs 1.50 crore, as per the reports.

The housing segments that cost about 80 lakhs to 1.5 crores are in demand for about 37%. While the demand for mid-segment costing between Rs 40-80 recorded the highest. Demand for units below Rs 40 lakh in seven cities was around 10%; units costing over Rs 5 crore were  1%.

The below statement from the chairman of Anarock Group, Anuj Puri, clearly indicates that the market seems to be a buyers’ market. 

“Post the reforms and the pandemic the markets have transitioned to be driven by end-users as prices have remained range-bound for a considerable period and eliminated the investors and speculators to a great extent,” Anuj Puri, chairman of Anarock Group said.

Report suggests that 90% of the housing market is driven by the end-users. 

To sum up – demand for two-bedroom, hall, and kitchen units dominate real estate. 2 BHK is, any day, a good investment, especially for the nuclear family. One can select a specific area size in 2 BHK according to their family size and budget. 

Also, as we talk about investment, there are a few key trends to keep a watch on in 2022, including inflation and increasing interest rates, single-family and multiple families rentals will remain strong, etc.

Now, if you’re a first-time buyer or want to know the best area to buy a flat in Bangalore 2022 OR the best places to invest in Bangalore in 2022. 

Following are the fastest developing areas in Bangalore city;

• Whitefield
• Banashankari
• HSR Layout
• Electonic City
• Bellandur

In 2021, the above mentioned areas recorded good sales, the best areas to buy flats in Bangalore, and the trends indicate that these could be where to invest money in Bangalore even in 2022. So, despite pandemic exigencies, real estate has flared up and witnessed fair growth in the last year. 

However, in a detailed explanation of the upcoming areas in Bangalore 2022, please dive into this blog titled “ BEST PLACE TO INVEST IN BANGALORE (2022).”

Overall, 2022 is shaping up to be a good year for the investors who understand the trends accelerated by a coronavirus and also know how to tackle and take advantage. The trends and how they evolve must be the hit checklist for those interested in the buying, purchasing, and renting business market. Read the news article to better understand on how the real estate sector is only moving towards a steep hike.

The information listed is to understand where to invest money in Bangalore and other cities. It also gives an idea of the best places to invest in property in India in 2022.

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