Bangalore’s real Estate market has witnessed a steady increase in recent years due to its improved connectivity and well-developed infrastructure. However, the software boom played a major role in making the city a real estate hotspot in India. Most multinational companies are located near Electronic City; thus, making the area one of the best real estate investment options for potential home buyers, even during the COVID-19 pandemic.
Let’s dive deeper to understand why it’s the right decision to invest in real estate in Electronic City:
Connectivity to key parts of the city
Living in Electronic City brings you a plethora of location-specific advantages due to its accessibility to the rest of the city. Transportation is a smooth, hassle-free experience as the Silk Board Junction in the locality is connected to Koramangala, Madiwala, and other important areas. Bannerghatta Road and NICE Road in the locality are also essential roadways for commuting. If you are someone who regularly takes public transport, the BMTC buses can help you commute to any destination within Bangalore!
Excellent residential properties
If you are looking to invest in a property, you will be spoilt for choice in Electronic City! Some of the best residential apartments and villas with top-notch urban amenities can be found here. With the exponential growth potential of Electronic City, several premium real estate developers have launched projects here. One such project is Canvas & Cove by Assetz Property Group. Striking the right balance between luxury and comfort, these homes are sure to make you feel vibrant!
High Return on Investment
While a newly bought house adds immeasurable personal value, it still is a form of investment. Hence, it’s important to make an informed decision while buying a new home. Ensuring that you get high returns on the amount you spend on investment should be a crucial factor while buying a property.
Previously, the real estate market in Electronic City has seen an increase of close to 13-14%. While property prices are expected to follow an upward trend in the future, this will ensure a steady ROI after investing in real estate near E-City.
Besides, with several MNCs located in the vicinity, you won’t have to worry about finding tenants here! This can aid in earning a steady income through rent.
With a 4-5% rental yield, this popular IT Hub stands out for its high rental demand.
The property value you earn as annual rental income is beyond just satisfactory! To conclude, you can invest your hard-earned money in real estate near Electronic City and can get guaranteed returns.
Close proximity to IT parks
If living near your workplace sounds like an unattainable dream, buying a property in Electronic City can help make that a reality! Some of the top tech companies located here are TCS, HCL Technologies, Siemens, Intel, and more! Besides, this locality is also a thriving community for smaller ventures to set up their offices. Living here can assure you that you are near several career growth opportunities that Bangalore has to offer.
Top Education Institutions
Electronic city isn’t just the perfect location for thriving working professionals seeking to enhance their career growth, it’s also an excellent choice for families! Here, you can find several prestigious institutes to ensure your child receives a holistic education. Some of the best schools include VIBGYOR High School, Treamis World School, and Ebenezer International School.
Electronic city is also known for its higher education institutes, such as Aziz Premji University, Xavier’s Institute of Management and Entrepreneurship (XIME), and many more. No matter where a child’s interests lie, Electronic City can provide a well-rounded education that ensures overall growth and development.
To put it in a nutshell, investing in real estate in Electronic City is sure to bring you a plethora of benefits. We understand that buying a new home can seem like a herculean task! We’ve compiled a property documents checklist that you can refer to throughout your home buying process. Check out one of our recent projects – Assetz Canvas & Cove. This 17-acre project offers 2 BHK and 3 BHK apartments that are located Off Hosur Main Road, overlooking the Begur Lake. Some of the key aspects of Canvas & Cove are it’s carbon healing homes, top-notch urban amenities, and high-quality specifications sourced from reputed manufacturers around the globe. So, go ahead and invest in a new home today!
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