5 Reasons Why Buying a Flat in Bangalore is a Smart Investment

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hardik, February 9, 2019

5 Reasons Why Buying a Flat in Bangalore is a Smart Investment

Bangalore ought to be one of the first locations you look to when you want to purchase a new flat. This is because a short while back, Indiaassetz, a real estate advisory firm catering to HNIs, reaffirmed that Bangalore is the best place to buy a real estate property in terms of ROI.

Localities that were once small suburbs are now teeming with potential as both IT companies and real estate developers have set up shop here.

You can purchase a budget property at a project like Shriram Sameeksha, or a luxury home at a property like Nitesh Columbus Square. From locality and connectivity to amenities and lifestyle benefits, here are 5 reasons why you should buy a flat in Bangalore.

Also read: Here’s Why Buying An Apartment In Bangalore Is Worth It!

Scope for career development

Bangalore has something to offer you at every stage of your career be it in terms of education or opportunities.

For example, you can study business, social science, English, engineering, music and other courses like mathematics, hotel management and philosophy at a distinguished education establishment like Christ College.

Moreover, if you are eager to explore other options you can select between Bangalore University, Ramaiah Institute of Technology, and PES University.

When it comes to jobs too Bangalore has an advantage as it is home to several IT parks and MNCs like Dell, Wipro, TCS, General Motors, and Oracle. So, whether you are looking for a position as a cloud data analyst, a content developer, an architect, or are seeking a managerial post, there’s sure to be something lucrative for you in Bangalore.

Great place for retirement

Bangalore has a pleasant, cool climate throughout the year. This makes the city a pleasurable place to live in. More importantly, you do not have to be part of the hustle and bustle of an IT park, and can pick a property on the peripheries instead.

For example, when you buy a flat in Yelahanka, you get to experience its peaceful, silent surroundings and a cooler temperature all-year round, thanks to its geography.

As this area is located at a higher altitude compared to other areas of Bangalore, it serves as a good pick.

Further, in Bangalore you can find a property more easily compared to other metros. For instance, you can choose from a range of 1BHKs, 2BHKs, and 3BHKs apartments at Shriram Sameeksha starting at just Rs.30 lakh.

Also read: Real Estate Investment: A Ultimate Guide For Beginners

World-class lifestyle amenities

Bangalore has an array of amenities for every age group, offering luxury and convenience at every step. When you are in Bangalore you can explore world-class malls and theatres as well as the best healthcare.

Orion mall, Phoenix Marketcity and Garuda Mall are some of the most sought after shopping destinations, while hospitals such as Manipal hospital and Narayana Hrudayalaya Hospital bring quality healthcare within easy reach.

Range of property choices

In Bangalore, you can find real estate properties that match your lifestyle and meet your budget. If you are looking for a luxury property you have options like Estrella Terraces and Prestige Déjà Vu where you can get amenities like gym, swimming pool, jogging parks, library, security, maintenance staff, reserved parking and rainwater harvesting.

Similarly, you are looking for a premium standalone villa, look into 5BHK homes at Hebron Enclave. On the other hand, if you are looking for something easy on your pocket consider Shriram Sameeksha in Jalahalli.

Here you can find flats starting at Rs.30 lakh and benefit from facilities like a basketball court, senior citizen park, gym, and a multipurpose hall, all within the premises.

Also read: 20 Tips for First-Time Home Buyers

Extensive connectivity

Bangalore has a sprawling road and metro network that allows you to travel from one place to the other easily. In fact, Namma Metro, a rapid transit system, is one of the longest operational metro networks in the country.

Bangalore also has a top-notch international airport—Kempegowda International Airport—and you can book a heli-taxi ride to cut down on travel time as well!

Apart from these factors, remember that you can get all the help you require to buy a flat in Bangalore with home loan by Bajaj Housing Finance Limited. Here, you get a handsome loan amount of up to Rs. 3.5 crore to ensure that your dream home becomes a reality.

Moreover, you can get help in finding the right property in Bangalore via property search assistance. This way you know how to get the best deals at projects like Shriram Sameeksha.

You also benefit from affordable interest rates and you can repay the loan conveniently over a tenor of up to 20 years. Also, you can enjoy easy top-up loan facilities and zero prepayment and foreclosure fees in case you find yourself with surplus finances.

Without further ado check your pre-approved loan offer and make the most of this home-buying solution. Doing so will give you instant approval and access to a range of customized deals.