Top 5 Expensive Locations to Invest Property in Bangalore

Top 5 Expensive Locations to Invest Property in Bangalore

By siliconindia   |   Tuesday, September 2, 2014   |    5 Comments

Bangalore : From past many months, the residential property prices of Bangalore are hitting up to the roof as compared to other metropolitan cities where the metropolitan city, Bangalore is overhauling as a real estate and IT Hub of Asia.

 Due to the improvement of Information Technology enabled services, Business Process Outsourcing and infrastructural development imminent in Bangalore, the current year is expected to incident an enormous boost in home buying and property investment. This circumstance has created a high flying demand on Residential and commercial segment. Due to the rising demand there has been an empowering approach towards the small as well as big ones to increase a number of attractive and luxurious projects all over Bangalore where the Bangalore city has many locations which are accountable to be the most expensive real estate sectors.

The following are the top expensive locations to invest in property.

Indira Nagar:

In Bangalore, Indira Nagar is considered to be the hottest location and its identified as the unrivaled eatery in the southern region. It has a wide-spread of restaurants, hotels, educational institutions, bards and many metro transit systems. The fast food chain also exposes the assorted mix of populace of Bangalore. The locality is primarily preferred for its well connectivity to the first phase of the metro which is at a walkable distance way. The locality covers areas like Thippasandra, GM Palya, Jeevanbheema Nagar, Old Madras road, Ulsoor, old airport road, Kormangala and Dommlur.

The area has amenities like BWSSB and BESCOM; it also outlines the National Highway (NH-4) moreover, Indira Nagar has an array of educational institutions like National Public School, Silicon City Public School, Cauvery Public School and many more, Hospitals like Lohitha Hospital, Ossicare GG Hospital, ECI Hospital, Manipal Hospital and many other well known hospitals. According to the scenario, the highest area price ranges rs 35,092 per sq.ft, the average area ranges near to rs 18,322 per sq ft where as the lowest area price ranges rs 1,552 per sq.ft.

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