Top 12 Growing Localities to Invest in Bangalore

July 31st, 2024

12 Growing Localities To Invest in Bangalore

Explore top 12 emerging localities to invest in Bangalore. From the tech hubs of Whitefield and Electronic City to the serene Sarjapur Road and Yelahanka, these areas offer great amenities, connectivity, and high returns. Perfect for both investors and homebuyers.

Bangalore has transformed from a peaceful, green city to the bustling Silicon Valley of India, thanks to the expansion of the IT industry. Having attracted large enterprises and startups alike, this growth drove urbanisation and raised real estate prices.

The city’s lovely climate, tree-lined streets, and relaxed lifestyle continue to draw people from the length and breadth of India. In this article, we will explore the top 12 growing localities to invest in Bangalore, highlighting the best places that offer promising opportunities for real estate investment in Bangalore.

12 Growing Localities for Buying Property in Bangalore

Bangalore’s real estate market is booming, offering numerous lucrative investment opportunities. Let us explore the 12 top investment areas in Bangalore that are set to see significant growth and development.

  1. Whitefield

    Whitefield is a well-planned neighbourhood that offers a complete range of amenities, including medical, educational, and recreational facilities.

    Connectivity and Infrastructure

    Road Network: Connected to key areas of the city through ORR, ITPL Main Road, Kundalahalli Road, and Old Airport Road

    Metro Line: The Purple Line metro has connected the area to KR Puram, Indiranagar, MG Road, Majestic, Mysore Road, and Challaghatta

    Key Amenities

    Educational Institutions: Notable schools and colleges include EuroSchool Whitefield and CMR Institute of Technology

    Healthcare Facilities: Renowned hospitals such as Manipal, Cloudnine, Aster, and more

    Recreational Spots: Phoenix Marketcity, VR Bengaluru, and Nexus Whitefield provide extensive options for shopping and entertainment

    Unique Features

    IT Hub: Home to International Tech Park Bangalore, Whitefield has attracted numerous IT companies and boosted employment opportunities

    Future Developments: Steady growth in real estate demand is anticipated due to the ongoing infrastructure projects that will maintain the area’s status as a preferred residential neighbourhood in the city.

  2. Sarjapur Road

    A bustling neighbourhood in southeast Bangalore, Sarjapur Road is rapidly developing due to its strategic location and robust infrastructure.

    Connectivity

    (1) Proximity to major IT hubs such as Electronic City, ORR, Bellandur, HSR Layout
    (2) Well-connected through the Outer Ring Road.

    Amenities and Infrastructure

    (1) Hospitals: Manipal Hospital, Sakra World Hospital
    (2) Schools: BRS Global School, Orchids The International School
    (3) Colleges: Krupanidhi Group of Institutions, St. Jerome’s PU and Degree College
    (4) Shopping: Centro Mall, Croma, Decathlon
    (5) Tech Parks: Wipro SEZ, RGA Tech Park, RMZ Ecospace
    (6) Entertainment: Numerous parks, lakes, restaurants, and cafes offering diverse cuisines

    Unique Features

    (1) Significant infrastructure development with ongoing residential and commercial projects
    (2) Enhanced connectivity with planned metro line, ongoing ORR metro line, and new flyovers
    (3) IT giants like Wipro, Accenture, Intel, and Infosys have established offices in the area
    (4) Property values are soaring due to high demand, making it an attractive investment option
    (5) SOBHA Homes in Sarjapur Road – SOBHA Crystal Meadows – Grand Quadruplex Row Houses

  3. Bellandur

    Located along the Outer Ring Road, this highly preferred area has within its close proximity key locales such as Marathahalli, Sarjapur Road, HSR Layout, and Koramangala.

    Connectivity

    (1) Upcoming ORR metro will significantly boost connectivity
    (2) Amenities and Infrastructure
    (3) Tech parks such as Ecospace, Ecoworld, Pritech Park, ETV, and more
    (4) Reputable hospitals such as Sakra World Hospital
    (5) Renowned schools, including New Horizon Gurukul
    (6) Shopping avenues such as Centro Mall and restaurants in the vicinity

    Real Estate Trends

    (1) High demand for housing, particularly apartments, villas, and gated communities
    (2) Popular among professionals working in nearby IT parks

    Unique Features

    (1) Expected massive transformation with the upcoming Blue Line metro
    (2) Increasing popularity due to proximity to major IT hubs and comprehensive amenities
    (3) SOBHA Homes near Bellandur –  SOBHA Insignia – Luxury 3 & 4 BHK Apartments Near Bellandur

  4. Panathur Main Road

    This is a prime residential area gaining popularity due to its proximity to Bangalore’s leading IT parks. This locality is emerging as a key player influencing Bangalore real estate trends.

    Connectivity and Infrastructure

    (1) Easily connected to North and Southeast Bangalore via the Outer Ring Road
    (2) Proximity to major tech parks, including Bagmane Tech Park, Prestige Tech Park, Cessna Business Park, Embassy TechVillage, Ecoworld, and Ecospace
    (3) Upcoming metro line developments to further enhance connectivity

    Amenities

    (1) A variety of eateries and restaurants with diverse cuisines
    (2) Numerous entertainment options, including clubs and parks
    (3) Many schools and medical facilities are in the vicinity – for example Orchids The International School, New Horizon, Sakra World Hospital, and more.

    Real Estate Trends

    (1) High demand for housing due to ever-present expansion of MNCs, startups, and IT firms
    (2) Increasing number of completed and ongoing housing projects catering to diverse needs

    Unique Features

    (1) Close to many tech parks, making it ideal for professionals
    (2) Quality infrastructure and accessibility to public transport enhance the appeal for homebuyers
    (3) SOBHA Homes in Panathur Main Road – SOBHA Neopolis – Apartments in Panathur – SOBHA Ltd.

  5. KR Puram

    Located on the city’s eastern side, Krishnarajapuram has become a major hub for real estate investment in Bangalore.

    Connectivity: Proximity to Whitefield and Marathahalli enhances its appeal. The Purple line and upcoming Blue line of Namma Metro ensure seamless access to key areas of the city.

    Amenities: The area is near reputable schools like Cambridge Institute of Technology and Gopalan International School, hospitals such as Manipal Hospital, and malls like Phoenix Marketcity.

    Infrastructure: Wide, well-developed roads; presence of KR Puram railway station

    Real Estate Trends: Demand for residential and commercial properties has surged due to the locale’s strategic location and infrastructure developments

    Unique Features: KR Puram’s historical significance, modern amenities, proximity to major IT hubs, and improved infrastructure make it a top choice for investors

    SOBHA Homes near KR Puram – SOBHA Galera – Luxury Row Houses Near Kannamangala, Bengaluru

  6. Banashankari

    Named after the Banashankari Amma Temple constructed in 1915, has evolved from a small community to a significant residential and commercial hub. It is known for its active and competitive real estate market, making it one of the best areas to invest in property in Bangalore.

    Connectivity

    (1) Well-connected to key areas of Bangalore via Outer Ring Road, Kanakapura Road, and Mysore Road
    (2) Banashankari Metro Station on the Green Line has enhanced accessibility

    Amenities

    (1) Educational Institutions: NPS Banashankari, Vijaya College
    (2) Healthcare: Apollo Hospitals, Life Care Hospital
    (3) Shopping & Entertainment: Gopalan Promenade Mall, Jayanagar Shopping Complex
    (4) Tech Parks: Brigade Software Park

    Unique Features

    (1) The area has upscale housing options with facilities such as playgrounds and clubs
    (2) Rich historical significance and modern amenities make Banashankari a preferred choice for IT professionals and homebuyers
    (3) SOBHA Homes near Banashankari: SOBHA ROYAL CREST – 3 & 4 BHK Apartments for Sale in Banashankari & SOBHA Valley View – Ready To Move-in Luxury Apartments for Sale in Banashankari

  7. Electronic City

    A prominent IT and investment hub in Bangalore, Electronic City is home to major companies such as Infosys, Wipro, HCL, TCS, and Siemens. This area has a high demand for housing and recreational spaces due to the continuous growth of professionals.

    Connectivity and Infrastructure

    (1) Yellow line of Namma Metro and the elevated expressway significantly enhance connectivity to Electronic City

    (2) The area is well-connected to important parts of Bangalore via key roads, ensuring easy and quick commutes

    Amenities and Facilities

    (1) Reputed hospitals such as Narayana Health City and Kauvery Hospital provide excellent healthcare services

    (2) Educational institutions such as Sorsfort International School and GIBS Business School are located here

    (3) Shopping and entertainment centres, including Market Square, Nexus, Max, and Lifestyle, offer various options for residents

    Real Estate Trends

    (1) The demand for real estate has been consistently high, driven by IT professionals seeking residences close to their workplaces

    (2) Both residential and commercial property prices have been rising steadily, reflecting the area’s growth and popularity

    Unique Features and Future Developments

    (1) Presence of parks and gardens like Hebbagodi Lake Park adds to the area’s appeal, offering tranquil settings for relaxation

    (2) Ongoing developments such as the Yellow Line of Namma Metro and improved road infrastructure promise enhanced connectivity and convenience

    (3) SOBHA Homes near Electronic City – SOBHA Brooklyn Towers – Townpark, Flats for Sale Near Electronic City

  8. Hennur

    A well-developed area in North Bangalore, Hennur is renowned for excellent connectivity and growing real estate potential. This makes it a key spot for real estate investment in Bangalore.

    Connectivity: Hennur Road offers seamless access to the airport and KR Puram Railway Station. It is also conveniently located near three metro stations: Baiyappanahalli, Swami Vivekananda, and Indiranagar.

    Amenities: The area is close to Manyata Tech Park, one of Bangalore’s largest tech hubs. Prominent educational institutions like The Indian Public School and healthcare facilities like Manipal Hospital are easy to reach. Additionally, numerous restaurants offer a wide variety of global cuisines.

    Infrastructure: Hennur Road has well-developed social facilities and infrastructure, contributing to its expansion and appeal. Frequent neighbourhood gatherings foster a strong sense of community.

    Unique Features: Hennur’s development is driven by its proximity to key tech parks, educational institutions, and planned metro extension that will further enhance connectivity.

    Real Estate Trends: The demand for properties in Hennur has increased, with values steadily growing as more homebuyers and investors recognise its potential.

  9. Thanisandra

    One of the growing localities for investment in Bangalore, Thanisandra is just 6 km from Hebbal. This area is experiencing significant real estate growth due to its proximity to major tech parks and business hubs.

    Key Points

    (1) Close to Manyata Tech Park, Brigade Magnum, Brigade Opus, and Kirloskar Business Park

    (2) Well-connected to Outer Ring Road, Hennur Road, Bellary Road, and Nagavara Circle, offering easy access to other important areas in Bangalore

    (3) Renowned educational institutions and healthcare facilities have enhanced the locale’s appeal

    Schools and Colleges

    (1) Riverstone International School
    (2) Kristu Jayanti College

    Hospitals

    (1) Aster CMI Hospital
    (2) Manipal Hospital

    Malls

    (1) Elements Mall
    (2) Esteem Mall Hebbal

    Unique Features

    (1) Excellent connectivity, with Bangalore’s International Airport just a short drive away
    Despite the ongoing developmental transformation, the area retains ample green cover

    (2) Upcoming infrastructure projects include an alternate arterial road to the airport and the Bangalore Suburban Rail Corridor (Kanaka Line)

    (3) SOBHA Homes near Thanisandra – SOBHA Dream Gardens – 2BHK Flats for Sale in Thanisandra, Bengaluru

  10. Hebbal

    Known for its lush greenery and picturesque views, Hebbal is a prime locale for property investment. It is home to one of the largest lakes in Bangalore, and offers a perfect blend of nature-inspired and urban living.

    Connectivity

    (1) Excellent connectivity to Yeshwanthpur, Sadashivanagar, KR Puram, Whitefield

    (2) Proximity to Kempegowda International Airport

    (3) Easy access to Majestic and the city centre

    (4) Infrastructure and Amenities

    (5) Manyata Tech Park

    Top schools and colleges, including Presidency School, REVA Independent PU College, MS Ramaiah College

    Prominent hospitals like Aster CMI, Manipal, and Baptist Hospital

    Malls and shopping complexes such as Esteem Mall

    Real Estate Trends

    (1) Significant growth in real estate demand over the past few years
    (2) Increasing number of opulent residential developments and commercial complexes
    (3) Rising property values due to the area’s strategic location and amenities

    Unique Features

    (1) Namma Metro’s upcoming Pink line (Nagavara to Bannerghatta Road) and Blue line (Silk Board to KR Puram to Hebbal to Airport) will enhance connectivity

    (2) Planned infrastructure developments like new underpasses and road expansions

    (3) Proximity to recreational facilities, parks, and lakes, providing a balanced lifestyle

  11. Yelahanka

    Known historically as Elavanka, this area has evolved into a well-planned metropolis divided into Old Town and New Town. It stands out as a significant part of the Yelahanka housing market and Bangalore real restate investment.

    Connectivity

    (1) Proximity to Kempegowda International Airport

    (2) Excellent road and rail connectivity

    (3) Future boost from Phase 2B of the Namma Metro Blue Line

    Amenities and Infrastructure

    Schools: Millennium World School, Chrysalis High

    Colleges: NITTE School of Management, Presidency PU College

    Hospitals: Aster CMI Hospital, Omega Multispeciality Hospital

    Malls: The Galleria Mall, Phoenix Mall of Asia, Garuda Mall

    Tech Parks: Kirloskar Tech Park, Bhartiya Centre of Information Technology

    Unique Features and Future Developments

    (1)  Air Force Station Yelahanka, used for training pilots

    (2) Rising residential market with high demand for houses

    (3) Abundant commercial areas and retail stores

    (4) Proximity to IT hubs attracting developers for luxury and affordable housing projects

    (5) Anticipated further expansion of the real estate industry with ongoing infrastructure developments

  12. Devanahalli

    Once perceived as a remote location, Devanahalli has become an emerging real estate investment destination in Bangalore. It is quickly becoming a favoured location for homeowners due to its proximity to the international airport and upcoming Blue line of Namma Metro.

    Connectivity: Just 5 km from Kempegowda International Airport, Devanahalli offers excellent connectivity with easy access to other parts of the city.

    Amenities: The area has broad roads, a clean & natural environment, and proximity to educational institutions such as Innovators International School and Nitte Meenakshi Institute of Technology.

    Infrastructure: Devanahalli is home to the KIADB IT Park, KIADB Aerospace Park SEZ, and multiple commercial projects – that have enhanced its appeal.

    Future Developments: The upcoming Blue Line metro to the airport and various industrial and IT parks are set to boost demand for residential properties. The area is also witnessing a rise in demand for villas and plots, making it an attractive option for investment.

    SOBHA Homes near Devanahalli – SOBHA Oakshire – Picturesque Tudor Homes Off Bellary Road, Devanahalli

Final Thoughts

Living in Bangalore is a unique experience. It is a melting pot of cultures, making it a fantastic place to live and work. The city offers various amenities, excellent restaurants, and exciting cultural and entertainment opportunities. Real estate investment in Bangalore is an exciting prospect, since the city is home to some of the top tech companies in the world.

While being the centre of innovation and technology, the city also has an equally eventful nightlife and a strong sense of community. Any of these 12 localities is the best place to buy flats in Bangalore, but be sure to thoroughly research the locations of your workplace, preferred schools & colleges, and healthcare facilities you might need access to.

Summary of Key Points

  • Bangalore’s transformation into a bustling metropolis driven by the IT industry has raised real estate prices and attracted diverse communities
  • The city’s excellent infrastructure includes wide highways, multiple flyovers, underpasses, motorways, and metro lines, which reduce traffic congestion
  • Bangalore offers a mix of modern urban life and traditional charm with its parks, monuments, and historic temples
  • Real estate investment in Bangalore is an excellent choice, as the city is a hub for top tech companies, vibrant nightlife, and strong community sense

Key Considerations for Investment

  • Proximity to Workplaces: Choose a location close to your office, to avoid long commutes and heavy traffic
  • Access to Schools and Colleges: Ensure educational institutions are easily accessible for convenience and quality of life
  • Healthcare Facilities: Proximity to hospitals and clinics is crucial for emergencies and regular healthcare needs alike

Consider your personal needs and do thorough research before investing. The closer your residence is to workplaces, educational & healthcare facilities, and avenues for entertainment & leisure, the better your living experience will be in Bangalore. Investing in the best areas in Bangalore can provide significant returns and a high quality of life.

FAQs

1. Why should I consider investing in Bangalore real estate?

You should consider investing in Bangalore real estate as it offers excellent opportunities with its thriving IT industry, robust infrastructure, pleasant climate, and high demand for residential & commercial properties. The city's continuous growth and development make it a promising market for investors and homebuyers alike.

2. What are the top localities to invest in Bangalore?

The top localities to invest in Bangalore are Whitefield, Sarjapur Road, Bellandur, Panathur Main Road, KR Puram, Banashankari, Electronic City, Hennur Road, Thanisandra, Hebbal, Yelahanka, and Devanahalli.

3. What makes Whitefield a good investment choice?

Whitefield is a good investment choice due to its well-planned locales with excellent connectivity through road networks and the Purple Line metro. It is home to numerous IT hubs and has seen significant infrastructure development over the years.

4. Which part of Bangalore is more developed?

Parts of Bangalore that are more developed include CBD, southern, and eastern areas, such as MG Road, Koramangala, Whitefield, Indiranagar, Electronic City, Sarjapur Road, HSR Layout, and more. Strong presence of IT companies and startups has driven their development.

5. Which area in Bangalore is best for investment?

Areas in Bangalore that are best for investment are Whitefield, Panathur, Sarjapur Road, Devanahalli, and Electronic City.

6. Which is the most startup-friendly area in Bangalore?

The most startup-friendly areas in Bangalore are HSR Layout & Koramangala.

7. Which is the richest area in Bangalore?

The richest area in Bangalore is Sadashivanagar, as it is home to many affluent residents such as business magnates, prominent politicians, and celebrities. The area is known for its luxurious villas, high-end amenities, and serene environment.

8. Which area of Bangalore is best to live?

Areas of Bangalore that are best to live in are Indiranagar, Koramangala, Sarjapur Road. These offer a perfect blend of residential and commercial spaces, seamless connectivity, and excellent social infrastructure such as renowned schools, top-notch healthcare facilities, and vibrant avenues for shopping, dining, entertainment, leisure, and nightlife.

9. What is the future growth of Bangalore?

The future growth of Bangalore will be significant, driven by continuous infrastructure development, further expansion of the IT industry, and the rise of new commercial & residential projects. Areas in North Bangalore, including Devanahalli and Yelahanka, are poised for substantial growth due to their proximity to the Kempegowda International Airport and planned metro extensions.

10. How is the connectivity in Sarjapur Road?

Connectivity in Sarjapur Road is excellent due to Outer Ring Road, Hosur Road, Sarjapur Main Road, and ORR Metro. Home to Bangalore’s first-ever Millionaires’ Row, Sarjapur Road is well-connected to major IT & business hubs such as Electronic City, ORR, HSR Layout, Koramangala, and CBD.

11. What are the key features of Bellandur?

Key features of Bellandur are strategic location near Sarjapur Road, HSR Layout, Koramangala; excellent connectivity via ORR; and presence of major tech parks such as Ecospace, Ecoworld, Pritech Park SEZ, and more. The completion of the ORR metro line will further boost Bellandur’s connectivity and real estate demand.

12. Why is Panathur Main Road a growing locality?

Panathur Main Road is a rapidly growing locality because it is quite close to major tech parks such as Prestige Tech Park, Cessna Business Park, Embassy TechVillage, Ecoworld, and more. Also, Panathur is in close proximity to social infrastructure such as leading schools & colleges, hospitals, malls, eateries, & parks – making it an attractive choice for homebuyers and investors.

13. What is the historical significance of KR Puram?

Named after Krishnaraja Wadiyar III, the 22nd Maharaja of Mysore, Krishnarajapuram is one of the oldest areas of Bangalore. It has evolved into a thriving residential and commercial hub with excellent connectivity and proximity to Whitefield, Marathahalli, Indiranagar, and more. Recent infrastructure developments have further boosted its real estate market.

14. How has Banashankari evolved over the years?

Banashankari has evolved over the years from a small locale into a significant residential and commercial centre. It offers convenient access to the rest of the city, making it a popular choice for homebuyers. The area is known for its educational institutions, hospitals, and shopping malls.

15. What makes Electronic City a notable investment location?

Electronic City is a notable investment location because it is a major IT hub housing global corporations such as Infosys, Wipro, TCS, Biocon, and more. The area's strong demand for accommodation and its excellent connectivity via the elevated expressway and planned metro rail network make it a prime investment location.

16. What are the advantages of investing in Hennur Road?

The advantages of investing in Hennur Road are excellent connectivity to Kempegowda International Airport, KR Puram, ORR, and major metro stations. It is close to Manyata Tech Park and top educational institutions, making it an appealing choice for homebuyers and investors.

17. Why is Thanisandra considered a developing area?

Thanisandra is considered a developing area as it is located near major tech parks and offers excellent connectivity via Outer Ring Road and Bellary Road. The area's strategic location, proximity to malls and educational institutions, and upcoming infrastructure projects make it a rapidly developing locality.

18. What makes Hebbal a popular choice for real estate investment?

Hebbal is a popular choice for real estate investment as it is known for lush greenery, scenic views, and excellent connectivity to major areas of Bangalore such as Yeshwanthpur, Yelahanka, Whitefield, international airport, CBD, and more.

19. How is Yelahanka's real estate market evolving?

Yelahanka’s real estate market is evolving at a rapid pace, due to its historical significance and excellent connectivity. The upcoming Blue Line metro and proximity to Kempegowda International Airport have enhanced its appeal, attracting both developers & homebuyers.

20. What are the key features of Devanahalli?

The key features of Devanahalli are excellent real estate opportunities, proximity to the international airport and planned IT & industrial parks, and significant infrastructure development including the upcoming airport metro line.

You might also like