Advantages Of Investing In Electronic City

Electronic City is a posh IT hub located in South Bangalore and spread over 800 sq. ft. The locality boasts top schools, hospitals, malls, and residential projects by top builders. The area's commuting facilities are top-notch through all modes. Investing in this area can offer high returns and yield good rental income. The average property rate in Electronic City is about Rs 5,000 per sq ft. The property market in Electronic City has grown by around 13–14%. Even though property values are expected to rise, buying property near E-City will still provide a steady return on investment.

There are many advantages of investing in Electronic city, South Bangalore. Some of them are:

Connectivity And Accessibility To Key Areas - The area is well-linked to major IT hubs like Whitefield, Marathalli, Sarjapur, etc. It is connected with the ORR, NH-44, and NICE Road. The metro connectivity in the area is good, and there is a good flow of BMTC buses.
Blooming Infrastructure - The area houses many top hospitals, schools, malls, and hostels. There are many best residential projects in villas, apartments, and plotted developments in the locality. The area has many rental options as well as investment options. The area has many other features as well.
Top IT Firms - The locality is one of the best IT hubs located in the southern part of India. The major IT parks in the area are Infosys, HCL Technologies, Tech Mahindra, etc. There are many business parks and new startups that offer job opportunities. There are many more IT firms in the nearby area.
Realty Market Growth and Rental Market - The realty market is booming, with high demand for properties. In the area, 60% of the real estate market consists of flats and villas. With 90% of these being 2 BHK and 3 BHK units offered in the locale. The area is expected to grow significantly, making it a smart choice for long-term investments. It offers an annual ROI of about 9% in rental returns. The availability of properties in various price ranges and the steady rise in property prices make Electronic City an attractive choice for investors.
Top residential projects - Many new residential projects are being developed in the area with features. The area has many options and has top townships with premium amenities. The area has safe options and safe streets. Top builders like Prestige Group have launched lavish projects like Prestige Raintree Park. These projects have a good potential for growth.