Bangalore has long been hailed as the IT capital of the country. The city’s dynamic growth and technological advancements have not only attracted a pool of skilled professionals but have also positioned it as a hotspot for real estate investments.
In particular, East Bangalore has emerged as a promising hub, offering a plethora of opportunities for astute investors. In this blog, we will delve into the factors that make this location an appealing investment destination and discuss the city’s robust commercial sector, infrastructure development, healthcare and educational facilities.
The Appeal of East Bangalore!
East Bangalore holds a unique charm for investors, driven by several factors.
1. Proximity to IT Hubs
East Bangalore is close to major IT hubs like Whitefield and Electronic City, making it a preferred choice for professionals working in these areas. Housing some of the biggest tech beasts like Bagmane Tech Park, RMZ Infinity, EPIP Zone, Brigade Tech Park, RMZ Ecospace, RMZ Ecoworld and Embassy Tech Village, this location is one of the finest destinations for budding and established professionals alike.
2. Upcoming Infrastructure Projects
The region is witnessing a surge in infrastructure development, with projects ranging from improved road networks to upcoming metro lines. This not only enhances connectivity but also contributes to the overall appreciation of property values. The transformation East Bangalore is experiencing cannot be overstated. From top-notch educational institutions to entertainment avenues, this is one location that has it all!
Ongoing infrastructure projects like the proposed Peripheral Ring Road (PRR) and the Sarjapur to Hebbal metro line will boost accessibility, elevating the real estate value in the area. Currently, the Hoskote Road and Dobbaspet-Doddaballapur sections of the STRR project are being constructed. The main aim is to alleviate traffic congestion in Bangalore by diverting traffic from core areas and arterial roads. Connecting eight state and six national highways, the STRR is set to enhance regional trade and commerce.
3. Educational and Healthcare Facilities
East Bangalore is home to esteemed educational institutions and world-class healthcare facilities. The presence of renowned schools, colleges, and hospitals makes it an attractive destination for families and working professionals alike. In addition to enhanced advancements, the planned development of social infrastructure contributes significantly to the flourishing real estate market in East Bangalore. The area benefits from the presence of schools like Indus International School, Inventure Academy, Greenwood High International School, and Global Indian International School, as well as healthcare facilities such as Narayana Health City, Columbia Asia, Kiran Mazumdar Cancer Center, Sparsh Hospital.
4. Quality of Life and Green Spaces
The region boasts a high quality of life with ample green spaces, parks, and recreational areas. It is one of the most sought-after neighborhoods that is filled with plenty of greenery. This blend of urban development and natural surroundings adds to the overall appeal for residents.
5. Transportation and Connectivity
East Bangalore emerges as a favorable choice due to its strategic location advantages. Notably, Whitefield stands out as a prominent IT hub in Bengaluru, housing major software companies and tech parks, thereby offering abundant job opportunities. Brigade Sanctuary, strategically positioned near Whitefield-Sarjapur Road, becomes a preferred option for real estate investors due to its proximity to tech parks and IT companies.
The area’s rapid growth in commercial and residential projects transforms it into a self-sustained economic enclave within Bangalore. Additionally, East Bangalore features popular shopping destinations such as Via Milano, Sarjapur Social, Big Pitcher Sarjapur Road, Byg Brewski Brewing Company.
6. Growth Dimension
As serene and developed as East Bangalore is, its seamless proximity to Hosur makes it even more desirable. Moreover, big names like Tata, Delta, Ola Mobility, Ather, and Simple Energy have made Hosur their base, which means more employment opportunities. With Apple tied up with Tata, the growth trajectory of this location is skyrocketing. This implies that the ROI and Y-o-Y appreciation are going to boost higher than ever for this locale.
7. Impact on Property Values
Being one of the most coveted areas, East Bangalore is one of the most high-end addresses for owning your dream home. Comprising of mainly villa plots, bungalows, townships, and villas, this location is bound to grow even further. Additionally, the infrastructure developments are expected to impact property values, presenting lucrative opportunities for investors.
