- Posted in October 16 2019
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Banglore, better known as the Silicon Valley of India, is the third largest city in India. The city has shown an astonishing transformation from being the ‘Garden city’ to acquiring the ‘Silicon Valley’ title. In terms of liveability, Banglore is consistently ranked among the top livable cities of India. So, why should you invest in the real estate industry in this amazing city?
Let’s explore the top 5 reasons why we think you should consider investing here.
1: It’s the Silicon Valley of India Banglore is better known for its IT and manufacturing industry than anything. There is a plethora of employment and other opportunities in this city. Considered to be one of the most lucrative cities of India, thousands flock to this IT city for work or settlement. An ever-growing demand for all sorts for lifestyle needs makes this city an assured ROI spot for investors. While some call it a paradise for permanent settlement, there are also others who consider as a cosmopolitan
2: It has got a well-connected intercity transportation Banglore is well-connected to all the major stations of the city by air, rail or road. As of now, Bangalore has the third longest operational metro network in India after the Delhi Metro and Hyderabad Metro. The metro network comprises of a total length of 42.3 kilometers serving 41 stations. The intercity transportation is constantly upgrading to new levels. Business and infrastructure of the city as likely to grow at the current outstanding rate.
3: It is an IT and educational haven Banglore is not only an IT/manufacturing hub but also a great place to study. The city has got some of the pioneer and finest educational institutions. Students and professionals from all over the country migrate to this city every season! The ease of living comforts and traveling facilities make this city a truly alluring place to dwell.
4: Increasing demand for residential projects Due to the unprecedented migrations, the demand for residential projects to host the multitude of immigrants is also increasing every day. The multi-cultural population, the amazing recreational facilities and everything here lures people from all corners. According to reality analysts, the outskirts lands are still available at cheaper places. For a growing city searching for more space to evolve, it doesn’t make a big difference between the posh locations or the outskirts. Almost all the major construction groups are building up flagship projects in the outskirts.
5: Assurable Return-of-Investment(ROI) The higher ROI accounts for the rapid growth rate of the city. An ever-growing demand for all sorts for lifestyle needs makes this city an assured ROI spot for investors. The risk of an investment is almost negligible due to the above facts. Also, it will take less than a year to harvest the investment, since the demands are at an all-time high.
So, what are you looking for? There’s no other city in India as lucrative and assuring for investors to invest in. And the possibilities are increasing every day in this dream city. It is also worthwhile to note that the city is looking forward to investors who can come up with greener realty projects which can help it with the rapid urbanization.