Bengaluru real estate market is one of the sought-after in the country and has consistently delivered rich returns to investors across established and emerging segments of real estate. “Touted as the Silicon Valley of India, Bengaluru possesses the fundamentals for attracting domestic and global investments in the form of the highest number of engineering colleges in the country and some of the marique management colleges. This is consistently driving the demand for commercial, residential, retail, and warehousing sectors to meet the evolving needs of occupiers, homebuyers, and shoppers and presents immense opportunities in the real estate sector," said Sankey Prasad, CMD, Colliers India.
Bhavesh shares the top five investment tips for making a profit in the Bengaluru real estate market 1)Buyers should invest in the premium segment as these segments are growing at a steady pace and are unaffected by any fluctuations. 2) Plotted developments in various emerging micro-markets like Devanahalli, Sarjapur, etc can prove to be beneficial in terms of long-term appreciation. 3) Investors must take into account factors like connectivity as areas with better connectivity will appreciate more.
For example, Whitefield & Sarjapur, followed by North Bangalore are driving tremendous demand due to the connectivity factor since these areas are connected to major IT hubs and key business districts. 4) One should do thorough research on the developer profile and see their delivery history. Properties from renowned developers always hold greater potential for capital appreciation.
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