Bangalore is categorized into East, West, North, and South according to the directions. In the past few years, East Bangalore had witnessed rapid growth in its commercial as well as residential development.
With the establishment of major tech parks, many reputed builders have invested in the suburb of this part of the city making it into a residential enclave.
Now, East Bangalore has the best sought residential localities in the whole of Bangalore.
The east of the city has a beautiful environment for which the major contributors are the eucalyptus plantations as well as the coconut trees and many natural water resources. This is a well–developed area on the basis of civic infrastructure with basic features and facilities.
The east is well connected to all the prime locations within the city and has an excellent transportation facility through roads, railways, and metros.
Following are the advantages of Buying an apartment in East Bangalore
One of the major advantages of buying an apartment in East Bangalore is the outstanding connectivity that the area provides. East Bangalore could be accessed easily from any part of the city. Well-developed roads, railways, and metros make this process less tiring and will make your life easier than ever.
Outer Ring Road, HAL Airport Road, and Old Madras Road provide easy connectivity across various prime locations in Bangalore. The signal-free ORR Road connects Whitefield, Hebbal, and Electronic City. This road is a boon to the IT professionals working across the city.
This area in Bangalore is famous for its IT and technological development that had taken place over all these years. Thus, any residents investing in a residential apartment in East Bangalore could easily access their employment hubs without any difficulty.
This will make their life less hectic and more convenient as they could effectively reduce travel hours and can dedicate their time completely to something else of their choice. The major employment hubs in this area are CISCO, Wipro, Infosys, Cognizant, Capgemini, BOSCH, SAP, Tata Consultancy Services, and many commercial as well as IT companies.
Social and Physical Infrastructure Development
The physical infrastructure in East Bangalore is highly developed with well-maintained roads and flyovers. This area has one of the most developed infrastructures in the city today. Apart from this, there are many developments happening in this area that will further improve the infrastructure.
The area is developed with excellent social infrastructure with reputed educational institutions and medical facilities. Every amenities are close by thus it could be easily accessed by the people around.
Return on Investment
Being one of the most sought real estate destinations in the city, the property rates in East Bangalore have witnessed a significant increase with time. Thus, investing in an apartment from a reputed builder will fetch you returns in the future.
With high appreciation rates, one could expect a good resale value that will be more than their initial investment. You could easily switch your apartment for a better option in your lifetime. Thus, an apartment in East Bangalore is going to be worth investing in.
A Passive Income Source
One of the easiest ways to generate a passive income is by renting out your apartment. Being one of the ideal destinations for living communities, there is a huge influx of people from all over the country to this part of Bangalore, which makes the need for more residential spaces.
Many young people are looking out for rental properties, thus if you have an apartment, you can easily make an income out of it.
Suitable for Investments
Investing in apartments in East Bangalore is highly recommended especially if you are looking for an investment that will provide you with huge returns. If you expect to get highly rewarded for the investment you make an apartment from a reputed builder in East Bangalore must be your first choice.
If you are planning to buy an apartment in East Bangalore, these are the apartments that you must give a first thought – Prestige Waterford, Prestige Pine Wood, Prestige Lakeside Habitat, The Prestige City, Brigade Woods, Sobha Royal Pavilion, Godrej Reflections, Salarpuria Sattva East Crest, Prestige Fontaine Blue, and various others