Rising Localities In Bangalore For Property Investment
Best Affordable Localities In Bangalore For Rental Properties
| Localities | Rental Values |
| Hebbal | ₹ 8,000 - ₹ 1,20,000 |
| Yelahanka | ₹ 18,000 - ₹ 1,10,000 |
| Sarjapur Road | ₹ 10,000 - ₹ 1,00,000 |
| Malleshwaram | ₹ 15,000 - 25,000 |
| Kengeri | ₹ 8,000 - ₹ 26,000 |
| Marathahalli | ₹ 12,000 - ₹ 80,000 |
| Kanakapura | ₹ 12,000 - ₹ 28,000 |
| Hoskote | ₹ 7,000 - ₹ 32,000 |
| Hennur | ₹ 15,000 - ₹50,000 |
| Thanisandra Main Road | ₹ 8,000 - ₹ 1,00,000 |
The Eastern and Northern regions in Bangalore experienced the highest rental growth of 19% and 18%, respectively.
| Localities | Prices |
| Whitefield | ₹ 11,500 per sq. ft. |
| Electronic City | ₹ 5,700 per sq. ft. |
| Devanahalli | ₹ 7,800 per sq. ft. |
| Yelahanka | ₹ 9,200 per sq. ft. |
| Thanisandra Road | ₹ 10,500 per sq. ft. |
| Koramangala | ₹ 15,000 per sq. ft. |
| Indira Nagar | ₹ 15,000 per sq. ft. |
| Hebbal | ₹ 12,300 per sq. ft. |
| Malleshwaram | ₹ 11,900 per sq. ft. |
| Bannerghatta | ₹ 11,200 per sq. ft. |
| Sarjapur Road | ₹ 11,000 per sq. ft. |
| Yeshwanthpur | ₹ 14,200 per sq. ft. |
Which are the posh areas in Bangalore?
Sadashivnagar, Koramangala, Whitefield, Indiranagar, Electronic City, HSR Layout, and Banashankari are some of the posh localities in Bangalore. They have well-laid infrastructure, civic facilities, excellent connectivity options, and remarkable commercial opportunities. Sadashivnagar is known to house celebrities and famous personalities.
What is the average salary required to reside in Bangalore?
The average salary required to reside in Bangalore could be between ₹ 40,000 - ₹ 1,20,000 per month for general homebuyers. The required salary completely depends on your lifestyle choices, location, project type, family members, etc. For students and young professionals, it is better to opt for a PG accommodation than renting a property.
Is it best to invest in Bangalore now?
Investing in Bangalore now will assure you of a lucrative return on investment and a good rental yield. The average property rates in Bangalore are assumed to grow by 8% by the year end. The rapidly growing infrastructure and extensive commercial corridor have made the city a thriving destination for residential investment. The Bangalore market still offers housing options at relatively lower rates than other markets. These housing segments will experience exponential price appreciation by 2030.
Which are the growing areas of Bangalore for property investment?
There are numerous emerging hotspots for residential investment in Bangalore. Sarjapur Road, Devanahalli, Yelahanka, Bellandur, KR Puram, Thanisandra, Yeshwanthpur, Hebbal, Panathur, etc. The areas are flourishing with ongoing infrastructure developments and have proximity to the key commercial hubs and IT parks.
Which is better for working professionals in Bangalore, PG or rented flats?
The newly migrated working professionals should consider staying in PG accommodations. PG is always an affordable option rather than renting an entire apartment. The rental properties near the IT hubs are costlier than on the outskirts. Thus, if someone is looking for a residence with excellent connectivity and nearby workplaces, then opting for a PG accommodation is the feasible option.
