Bangalore is undeniably one of the hottest investment zones in India. However, within this dynamic city lie certain areas that shine brighter than others in terms of investment potential. In this guide, we'll shine a spotlight on those standout locations, offering insights into the prime investment opportunities they present. Whether you're a seasoned investor or new to the game, these spots have emerged as prime investment spots after a period of consolidation in 2020 and 2021. Let’s look at the best places to invest in Bangalore.
Best Areas to Invest in Bangalore
1. Nimbus Abro Farms
Nimbus Agro Farms offers an exclusive gated farmland near Bangalore. Here you can enjoy luxury without compromise, as Nimbus handles everything from planting to paperwork while you enjoy a 12 percent return on your investment, making it the best land investment in Bangalore.
Here's what Nimbus has to offer:
- Cabanas
- Kids play area
- Trampoline for kids
- Gardening area
- Cafeteria
- Sports courts
- Plantations
- Coworking office
- Utilities and Wi-Fi
Nandi Farms Phase - II
Nandi Farms Phase - II is your gateway to a serene country living near Bangalore. Nestled adjacent to NH544E, this exclusive community offers 39 farms spread over 10.73 Acres of lush greenery.
Perfect for weekend retreats, it's conveniently located near the iconic Lepakshi Temple and just 70 minutes from Bangalore International Airport. With its idyllic setting and focus on organic farmland ownership, Nandi Farms Phase - II is your opportunity to connect with nature and enjoy sustainable living away from the hustle and bustle of city life.
Nimbus offers great amenities, good returns, and an easy buying process, which makes it the best land investment near Bangalore.
Coconut Habitat Farm
Dive into the Coconut Habitat Farm—an agricultural haven that promises more than just coconuts!
Nestled near NH44 and KIA Motors, this managed farmland gated community spans 80 acres. While it's renowned for its abundant coconut trees, it also features Mahogany timber plantations, offering a diverse investment opportunity.
With India's thriving coconut industry and the longevity of coconut plants, investing here ensures returns for generations. Experience sustainable living and lucrative returns in this vibrant agricultural hub.
2. Sarjapur
One of the best places to invest in Bangalore right now is Sarjapur Road. It's part of the Sarjapaur-Marathahalli Road and is home to popular areas like Koramangala, Doddakannelli, Kaikondrahalli, HSR Layout, and Carmelaram. What makes Sarjapur Road stand out is the upcoming projects aimed at reducing traffic and improving accessibility. There's a big plan to build a 74 km-long Peripheral Ring Road and widen Sarjapur Road and Sarjapur-Attibele Road. Plus, there are new metro phases in the works. It's also close to industrial areas like Sarjapura and Bommasandra, as well as commercial hubs like Koramangala, RGA Tech Park, and RMZ Ecoworld.
Because of these developments, property prices on Sarjapur Road have shot up by over 30% in the last three years, averaging around Rs 7,850 per sq ft. Big developers like Godrej Properties are eyeing this area too. They're working on a new project called Godrej Park Retreat, set to finish by February 2027. With such growth and attention, investing in residential apartments here looks promising for the future.
3. Indiranagar
Indira Nagar is one of the best places to invest in Bangalore. It's on Old Madras Road and is becoming popular for its nice neighborhoods, diverse culture, green spaces, and peaceful vibe.
The area's commercial side is a big draw. There are lots of coworking spaces with rent ranging from Rs 11,000 to Rs 7 lakh per month, attracting many businesses. Plus, big companies like Flipkart are moving here from Koramangala, which adds to the area's appeal. It's also easy to get to Whitefield, a major IT hub, via Varthur Road. Once mostly residential, Indira Nagar has turned into a bustling commercial area, which has made demand for homes go up.
Homes here are a bit pricey, around Rs 13,200 per sq ft. But there are plenty of new options, like flats in Godrej Athena starting at Rs 60 lakh. Other new projects include Dharmika Sansa, Soul Space Skye, and Bearys Gold Rush Drive.
Most homes for sale or rent in Indira Nagar are 3 BHK units, and the rental yield is around five percent YoY. The area is well-connected with two metro stations nearby, along with several main roads like Old Madras Road and 100 ft Road. And there's more connectivity on the way with the upcoming Bangalore-Chennai Expressway.
With big developers and lots of amenities like schools and hospitals, Indira Nagar is a great choice for investment, getting more popular by the day.
4. Hennur
Hennur is gaining attention from investors with its plentiful ready-to-move 2 BHK apartments, priced at Rs 7,100 per sq ft. It's becoming a hotspot for homebuyers, partly because of the presence of various multinational corporations (MNCs). Being close to employment centers like Manayata Tech Park and Kirloskar Business Park, which host several corporate giants (6-8 km away), adds to the demand for properties in Hennur. This developing area boasts an annual rental yield of four percent, with an average monthly rental of Rs 27,000 for a 2 BHK unit. Property values in Hennur have seen an increase of around five percent in the past year.
5. Attibele
Located near Electronic City in South Bangalore, Attibele has become a popular place for real estate investment in Bangalore. It's home to many IT and Biotech companies and has good connections to places like Silk Board Junction and Anekal for work. Once a quiet village, Attibele is now growing fast, mainly because of the overflow of people from Electronic City. There are lots of big plots of land here, and it's become a great spot for affordable homes. Even though prices have gone up by 27 percent in the last three years, you can still find homes here for around Rs 4,600 per sq ft.
Final Words
Real estate investment in Bangalore is bouncing back in 2023 after a period of stabilization. Demand and property values are on the rise, especially in mid-income and affordable housing areas outside the city center.
For investors, this means focusing on the best areas to invest in Bangalore with promising infrastructure, popularity, and growth potential. By keeping an eye on these areas and making informed decisions, investors can take advantage of the opportunities in Bangalore's evolving real estate market.
