Investment in Electonic City has numerous advantages as it is one of the most developed tech hubs in India with 5.2% property appreciation a year. It is a hub of innovation and growth. Find out why this is the place to put your money for a secure financial future and why this is a perfect time to invest in Electronic City.
Investing in real estate has been a popular way for individuals to grow their wealth and secure their financial future.
With the growing demand for properties in Bangalore, the real estate market is thriving, making it an excellent opportunity for investment.
One area that has seen significant growth in recent years is Electronic City, located in Bangalore.
Bangalore property market has seen significant growth in recent years due to upgrading infrastructure and connectivity options.
But the city became a real estate magnate in India thanks in large part to the software development.
Even in the midst of the COVID-19 pandemic, Electronic City is home to the majority of international corporations, making it a prime location for real estate investments.
Here we have explored the reasons why invest in Electronic City is an investment opportunity and what makes it a smart choice for investors.
Page Contents
- Invest In Electronic City: Real Estate Growth And Investment Opportunities
- Connectivity And Accessibility To Key Areas To Invest In Electronic City
- Blooming Infrastructure And Development To Invest In Electronic City
- Real Estate Growth And Rental Market
- Is Electronic City Good For Real Estate Investment?
- FAQs
Invest In Electronic City: Real Estate Growth And Investment Opportunities
Electronic City is a great investment opportunity, offering several advantages such as location, accessibility, infrastructure and development, and a thriving real estate market.
Residential properties in Electronic City offer all world-class amenities and features in apartments, villas, and plots, while commercial properties include office spaces, retail spaces, and hotels.
Each option has its pros and cons, and the best option for an individual will depend on their investment goals and needs.
For those looking for long-term investments, residential properties are a good option, while those looking for a quick return on investment may opt for commercial properties.
The average property rate in Electronic city is approximately Rs 5,000 per sq ft.
In Electronic City, the realty market has grown by about 13–14%. Even if rising property values are anticipated, buying property close to E-City will still yield a consistent return on investment.
Also read, Latest Property Rates in Bangalore for 2023- Complete Overview
Connectivity And Accessibility To Key Areas To Invest In Electronic City
The electronic city provides connectivity to South Bangalore localities such as Bommanahalli and HSR layout.
The location offers several advantages, including proximity to key areas in the city such as the central business district, the airport, and the suburbs via Electronic City flyover, Silk Board flyover and NH44.
Additionally, Electronic City is well connected by NICE road and Banerghata road, rail, Metro lines Namma metro and public transport, making it easy to access other parts of the city such as Madiwala, Koramangala and others.
The Peripheral ring road development is expected to reduce travel time and traffic congestion in the city.
Blooming Infrastructure And Development To Invest In Electronic City
Electronic City is a major IT hub in Bangalore, located in the southern part of the city.
It is home to many multinational corporations and IT companies like Wipro, Infosys, Tech Mahindra and more, making it an attractive area for professionals and families.
The locale has seen a lot of development in recent years, with plans for future expansion in the works.
With many reputed schools like Treamis World School, ISBR Business School, colleges like Xavier Institute of Management & Entrepreneurship, DPS Electronic City, and universities, healthcare facilities like Springleaf Hospital, Kauvery Hospital in proximity and M5 Ecity Mall, SBR Lucky Mall, many other recreational centres in the vicinity make the city a great living destination for anyone.
The self-sustaining eco-system of Electronic City’s micro-market provides comfort for residents.
The growth of infrastructure and development in Electronic City has a positive impact on the real estate market, making it an attractive investment opportunity.
Real Estate Growth And Rental Market
The real estate market in Electronic City is currently thriving, with a growing demand for properties.
Compared to other areas in Bangalore, the prices of properties in Electronic City are relatively lower, making it an affordable option for investment.
In electronic City, 60% of real estate inventories are consists of flats and apartments of which 90% include 2 BHK and 3 BHK flats in Bangalore.
The area is expected to see significant growth in the coming years, making it a smart choice for long-term investments.
The area produced an annual Return on Investment (ROI) of about 9% in terms of rental return as well.
The availability of properties in different price ranges and the steady appreciation of property prices make Electronic City an attractive option for investors.
Is Electronic City Good For Real Estate Investment?
Investing in real estate can be a great way to secure your financial future, and Electronic City is a prime location for investment.
There are various investment options available to invest in Electronic City, including in residential ready-to-move or under-construction and commercial properties, individuals can choose the option that best suits their investment goals and needs.
With its location, infrastructure and development, and growing real estate market, it is an ideal choice for those looking to invest in real estate in Bangalore.
FAQs
| Is Electronic City a good investment?
The rising growth trend is still unbroken and is expected to last into the future. The neighbourhood is home to several multinational corporations, which guarantees consistent rental revenue. In Electronic City, a high rental value is assured by the consistent demand for residential properties. |
| Is it good to buy an apartment in Electronic City?
Due to its high rental rates, Electronic City is regarded as one of the most promising neighbourhoods for home purchases. It has strong connectivity and sophisticated social infrastructure. |
| What is Electronic City famous for?
In Bangalore, India’s Anekal taluk, there is a centre for information technology known as Electronic City. It is one of the major electronic industrial zones in India, covering 800 acres (3.2 km2) in the villages of Konappana Agrahara & Doddathogur. |
| Is Electronic City safe to live in?
Electronic city is one of the safe localities in Bangalore, where you can find frequent police patrolling at night making it easier for individuals who work night shifts. |
