Which is the Best Place near Bangalore to buy Residential Property?
Posted by sunainaram on June 23rd, 2016
Planning to purchase a residential property near Bangalore? Whether you are simply checking out properties for investment or for residence, the best place in the outskirts of Bangalore is Sarjapur Road. Over the last few years, this suburban area has seen a steady growth in terms of infrastructure, connectivity, as well as property value. The IT boom brought with it great development and property value to the whole of the garden city. However, when the floating population in Bangalore started to rise because of the increase in the job opportunities, more and more people started moving outskirts to get better accommodation and reduce commute time. When places like Whitefield and Bannerghatta also started overflowing, builders began to move towards the periphery areas like Sarjapur where they had more area to explore. Most of the top builders in Bangalore have apartments for sale in Sarjapur Road.
This fast-developing area is well connected with Whitefield, Koramangala, outer ring road, Silk board, Electronics City, and other suburban areas. It is also becoming the preferred choice for companies that are looking to expand their base or startup new branches. Companies like Wipro, HP, Cisco, Accenture, and Capegemini are located in the nearby areas. So, people who are working in these companies prefer to buy or rent apartments in Sarjapur Road, Bangalore.
You can buy the apartments for sale in Sarjapur Road either for residence or as an investment purpose. Many of the IT professionals working in this area prefer to take up a 1BHK flat for residence. So, if you purchase a studio apartment or 1 BHK, you can easily give it for rent and earn a secondary income from your investment. If you can have the bandwidth to buy a 2 BHK house with almost a 1000 square feet area, then you can easily earn up to Rs. 30,000 per month by renting it out.
The infrastructure development and growth of the IT sector, both have greatly influenced the property value boom in Sarjapur area. So, if you are looking for a long time investment in property, then the best option will be to go for apartments in Sarjapur Road, Bangalore.
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About the Authorsunainaram
Joined: February 9th, 2015
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