Infrastructure
Whether you are an investor looking for capital appreciation or a tenant looking for stable rentals, the decision between North Bangalore and South Bangalore becomes easy to make. South Bangalore is an abode for stable rentals and quality social infrastructure and is preferred by families, especially the expat crowd. Infrastructure development around Hebbal and Bellary Road has seen a surge in real estate and investment activity in the last few years due to the establishment of Kempegowda International Airport.
There are multiple factors that need to be considered while investing in property. Of these, the most important is the legal title of the property. Other than this, location plays a pivotal role in defining the quality of life and investment appreciation potential of the property. While considering a location, always analyse the community and school access, commutability to work and available social amenities. Understand the price and rental appreciation potential and economic stability of the location. An established location may not always appreciate.
South Bangalore is preferred by family tenants due to the presence of established schools, markets and other social infrastructure. Among all the IT hubs in South Bangalore, tenant preference, stable rentals and appreciation potential make it an attractive investment option. North Bangalore has lots of potential to appreciate in the long term. Improved connectivity and other social infrastructure may bring more tenants to the area in the coming years.
Recent investments have propelled the real estate sector in North Bangalore. It is known to have reputed educational institutions and hospitals. Hebbal, Jakkur, Thanisandra, Yelahanka and Devanahalli have seen the development of integrated townships. However, the ongoing development of townships has led to roads being clogged during peak hours. Also, further development may be constrained due to lack of large tracts of lands.
Livability
North Bangalore has developed into a prime real estate location with respect to home appreciation and enjoyment. New infrastructure development and growth of IT sector in the region have further improved connectivity to key IT corridors in North Bangalore.
Hoyugala (Hebbal), Bellalapura, and Npal (NH 44) and Hennur are set to be better connected with the metro network. Devanahalli will benefit from the improved connectivity.
However, existing and upcoming infrastructure may only add to traffic woes in the region. Further, large tracts of land may not be available for development.
South Bangalore provides a great option for families and working professionals looking for a quieter area, close to offices. Being closer to company offices and other business establishments, South Bangalore is home to a number of healthcare and education facilities, and entertainment centers like Phoenix Marketcity. Property prices though, in South Bangalore are through the roof, putting a big dent in the pocket of first time buyers.
Amenities
As the city of Bangalore keeps expanding and improving, the need to buy a property in the right location keeps increasing. North and South Bangalore keep swapping positions in terms of development and infrastructure. Based on your job location and lifestyle, you need to make an informed decision regarding property investment.
Investors looking for property appreciation need to look at North Bangalore due to the increasing number of IT and other businesses setting up shops in the many new projects coming up in that area. The Namma Metro extension up to the International Airport will further improve connectivity.
North Bangalore has a lot of good schools and hospitals, making it ideal for families.
East Bangalore is home to several malls, restaurants and other places of entertainment, making it a popular area for families and young professionals. Although it is further away from the established IT corridors compared to West Bangalore, East Bangalore benefits from improved civic infrastructure and a number of luxury apartments and villas.
With improved infrastructure and connectivity, particularly with the upcoming Outer Ring Road and other developmental work, North Bangalore is expected to attract further investment. The area is home to the Kempegowda International Airport as well as a number of educational and medical facilities. With improvements to the public transport system, especially the metro, North Bangalore is expected to become more attractive to families and professionals.
Pricing and Affordability
Affordable apartments and villas in the suburbs of North Bangalore are a good alternative for people who want to move to a growing city without the high cost of living. Homes in North Bangalore offer convenient access to employment and transport opportunities.
Also, North Bangalore has lots of places to have fun. People can go to restaurants, bars, movie theaters, amusement parks, and more. It has many schools and colleges. Also, there are large, modern hospitals. Because of this, families feel safe moving to North Bangalore.