The arrival of global tycoons, infrastructure arrangement, affordable property values and numerous choices in residential market have led to the arising of new investment pockets in the peripheral districts of Bangalore. Here is a thumb through at the six developing locations to invest in Bangalore in 2019.

2018 has been a year of strengthening Bangalore real estate and the year 2019 is expected to observe an uptrend in demand and property values on account of improved market sentiment. Though the luxury sector will continue to recover at its tardy pace, the mid-income and the affordable housing segments in the outlying areas will see increased traction from homebuyers.

Good connectivity, commercial development, lower capital values, growth in rental housing and infrastructure expansion are the key factors touted to change the realty game in Bangalore’s rising locations such as Attibele, Jigani, Abdigere, Seegehalli, Nallurhalli and BTM Layout.

Let’s go in depth into each micro-market and examine their growth potential from the mid-to-long term.

Attibele

Situated near to Electronic City in South Bangalore, Attibele is secretly changing ino a desirable realty destination. It not only offers a burgeoning base of IT and Biotech companies, but smooth connectivity to reputed employment hubs such as Electronic City, Silk Board Junction, and Anekal. It was a quiet village earlier, real estate in Attibele has primarily gained strength on the back of spill over demand from Electronic City. The large tracts of land available with an IT hub nearby have transformed Attibele into a safe place of affordable homes. Apart from low-cost housing units, Attibele also boasts of large number of renowned educational institutes, healthcare opportunities and entertainment options in and around.

Jigani

This place is near to Bannerghatta Road and Electronic City, Jigani is suitable to the needs of young IT professionals. The companies such as HCL, Kirloskar Toyota Textile, BIOCON and CIPLA among others have among others have also increased in Jigani. There is continuous connectivity along with competitive property values and expanding commercial base are luring property buyers scouring for new investment avenues in Bangalore.

The state government has accepted Jigani as one of the eight industrial and upcoming residential hubs, which would also ascend its realty growth to a new tangent. The government has also put forth a proposal of an infrastructure project which includes doubling of the 48 km-long railway track from Baiyappanahalli to Hosur. The development will bring relief to lakhs of commuters working in Outer Ring Road (ORR), Bommasandra, and Jigani.

Abdigere

Abdigere which was once an industrial hub, it is in North Bangalore has now turned into a promising residential hub. Main factors that have attributed to its evolution include proximity to the airport, Yeshwantpur Railway Station and other areas of Bangalore such as Jalahalli Cross, BEL Circle, and PB Road. In addition to it, it is only 10 km from Manyata Tech Park.

When you look at the social infrastructure, you can find numerous school, colleges, healthcare centres and entertainment options. Abdigere is an area to vouch on for high Returns on Investments (ROI). From low-cost to a variety of luxury units and independent bungalows, Abdigere serves the housing needs of buyers across budgets and property types.

Seegehalli

It is situated in the East of Bangalore, Seegehalli is growing locality in proximity to KR Puram and the National Highway (NH) 44. In Bangalore, the NH-44 is significant as it not only ensures direct connectivity to the State of Tamil Nadu but has many industrial corridors alongside. The IT park of Electronic City is also along the NH-44. So looking at the overall profile, travelling to employment hubs and premium housing locales of the city. Besides, the average capital values in Seegehalli are pegged comparatively lower than neighbouring locations, making it a befitting real estate destination to park money.

Nallurhalli

Nallurhalli connects to old Madras Road (OMR) and Old Airport Road, it gains on the back of its pristine green cover and commercial expansion. It is only at a distance of 2 km from Whitefield, one of the reputed IT hubs of Bangalore. It has two important tech parks – Sigma Tech Park and International Tech Park, which incorporate a multitude of automobile, technology and telecom corporate giants. Nallurhalli has come up as a one stop solution for young working people wanting residential opportunities in the vicinity to the workplace, however, at a relatively lower cost.

BTM Layout

BTM Layout is located near to important locations such as Koramangala, Bannerghatta Road, and HSR Layout and boasts of good infrastructure and multiple residential options.

The place has good connectivity via the Bannerghatta Main Road, Outer Ring Road, and Hosur Road and it has several affordable and mid-range residential options. Apart from a good return on capital investment, the place also has high rental values due to its locational advantage.

In conclusion, an investment inclination of a buyer is driven by infrastructure expansion, commercial growth and competitive capital values, which affirm higher returns in future. The above areas has all the parameters and are expected to be Bangalore’s new real estate hubs in 2019.