Top 3 mid segment housing markets in Bangalore – Is it the correct time to invest in Bangalore?4/6/2018 Bangalore is a vibrant market in terms of the realty sector. With the market finally stabilizing after the onslaught of RERA and GST regulation, the market is looking good and stronger than ever for a glorious come back. With unaccounted wealth flushed out and stringent laws in place, real-estate sector is on the path to attain transparency and a systematic growth. After all, India is a developing country and the population of the country is at an ever increasing pace. Additionally, with Government of India’s superb schemes such as PMSY, it is expected that realty sector is looking for a considerable growth in the near future. The mid-segment and the budget housing market is going to benefit the maximum in this process. If we try to understand the market clearly there are a few micro-markets within Bangalore which will definitely help a home buyer in gaining maximum returns in the near future. Firstly, located in the North West part of Bangalore, Tumkur Road is a superb upcoming locality which will prove to be a fabulous option for home buyers. Additionally, with various projects coming up day-in and day-out this is a great option for many. With the metro connectivity finally developing and affordable pricing options, this is going to be a one blue-chip locality to invest in. For instance, Prestige Jindal City Project is definitely one of the best options offering 1,2,3 and 4 BHK units to choose from. Spread over 32 Acres of green landscape, this project will be exactly opposite to the upcoming Jindal City metro station. The possession dates of the project has been set to December 2021.
Secondly, Bannerghatta Road, this is another hotspot for the real-estate sector’s growth. South Bangalore’s beloved, this place is witnessing a severe spike in the development of residential societies. Reputed builders are investing crores to erect towers of magnificent designs. Offering beautiful layouts, this is nothing less than a practical options for buyers. Additional Bannerghatta Road also offers excellent connectivity to CBD (Central Business District). Thus it is a favourable option for buyers to purchase property on this stretch both for end use and investment purposes. Lastly, Sarjapur Road, located in eastern sector of Bangalore, this locality is no doubt one of the best places to invest in 2018. With several properties already selling like hot cakes and even some of them having finished their inventories, this belt is still a classic investment scope for many. Get in touch now to invest in the appropriate property and get the best out of your hard earned money. This is definitely a great area in this city to invest in. Bangalore is definitely one of the prime cities if he/she is planning to invest in the realty sector in the near future because of two main reasons -
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