Top 12 Growing Localities to Invest in Bangalore

March 28th, 2023


Bangalore has substantially changed over time – evolving from a peaceful, green city to a bustling metropolis. The city has become the Silicon Valley of India thanks to the expansion of the IT industry, enticing both large enterprises and start-ups alike.

The city’s lovely climate, tree-lined streets, and relaxed way of life have lured people from all over the country thereby speeding up urbanisation and driving up real estate prices. Over the years, the ever-increasing traffic woes have driven the modification of the city’s veins. With the widening of Bangalore’s highways and the addition of multiple flyovers, underpasses, motorways, and metro lines, the city’s traffic congestion has decreased significantly.

In conclusion, Bangalore has evolved from a peaceful retirement haven to a bustling metropolis. It has experienced amazing growth and development, making it one of the most important cities in India. In this article, we will explore the top 12 growing localities that are the best places to invest in Bangalore that offer promising opportunities for real estate investments.

12 Popular Localities for Investment in Bangalore

1) Whitefield

Whitefield is a well-planned neighbourhood that is home to all the amenities, including medical, educational, and recreational ones, which are conveniently located in this region. This bustling neighbourhood is connected to the rest of the city through a robust road network such as the Peripheral Ring Road and will soon boast of the Purple Line metro as well. This metro line is bound to connect Byappanahalli to Whitefield across 13 stations. It will also link Kengeri in the far west of Bengaluru to Whitefield.

One of Bengaluru’s most coveted residential neighbourhoods is Whitefield. Due to its advantageous location and solid infrastructure, there has been an increase in the demand for real estate here in the past few years.

Once a village known for vast lands of cultivation, Whitefield is now renowned for its flourishing IT centre. The setting up of the International Tech Park Bengaluru in 1998 transformed the locale drastically, making it one of the most sought – after places for employment as well as residence. Many IT hubs and businesses can be found in the locale, which has boosted the demand for accommodation.
In the near future, steady growth in real estate demand is anticipated in Whitefield, which is anticipated to maintain its status as the city’s favourite residential neighbourhood.

Properties in Whitefield by SOBHA – 

2) Sarjapur Road

Sarjapur is a neighbourhood in Bangalore’s southeast that is now undergoing major development. IT experts favour the area because of its great accessibility to important IT hubs like Electronic City, Whitefield, and Koramangala. It is also well-connected to other parts of the city through the Outer Ring Road.

With the construction of various residential and commercial projects, Sarjapur Road has experienced considerable infrastructure development, which has fueled the expansion of the real estate market. Also, it is the location of numerous hospitals, shopping malls, and entertainment areas.

This area is well-connected to offices and schools and boasts of a large number of parks, lakes, restaurants, and cafés serving a variety of cuisines ranging from traditional South Indian food to international cuisines. This area offers the ideal fusion of modern conveniences and nature, making it an appealing place to live for people from all walks of life.

The rise in demand has caused property values in the neighbourhood to soar substantially. With the establishment of various IT companies, including Wipro, Accenture, Intel, and Infosys within the vicinity, numerous residential developments have been brought to life in this locale. Investors on the lookout for profitable investments have started to flock to the region of Sarjapur.

3) Bellandur

Bellandur, which is close to Sarjapur Road, HSR Layout, and Koramangala, is yet another preferred location in Bengaluru. With the completion of the metro, this region is expected to experience a massive transformation since the connectivity will significantly increase. Bellandur has excellent access to other areas of Bangalore via the Bangalore-Mysore Expressway and the Outer Ring Road.

The locale has a high demand for housing, and rightfully so since it houses tech parks like Ecospace and Ecoworld, to name a few. This is one of the reasons why you will find abundant apartments and villa projects nearby. Reputable hospitals, schools, malls, restaurants, and other facilities are also located in the vicinity.

Bellandur has experienced considerable growth in recent years, given the high demand for apartments, villas, and gated communities. Young professionals who work in the adjacent IT parks are drawn to the neighbourhood, making it one of the most favoured locales in the city.

Properties in Bellandur by SOBHA – 

4) Panathur Main Road

Panathur Main Road is a residential area that has grown in popularity in recent years, thanks to the ever-booming IT industry in Bangalore.

The region has witnessed a tremendous increase in housing projects that is both completed and in progress. With the Outer Ring Road running nearby, it is easily connected to North Bangalore as well as South-east Bangalore.

Panathur residents lead a life of convenience. The region is home to several eateries and restaurants that provide a wide range of cuisines. Also, with plenty of options for clubbing, there is never a dearth of entertainment arenas in this locale. For kids too, there are a lot of parks and playgrounds.

The region is exceptionally close to tech parks such as Bagmane Tech Park, Cessna Business Park, Embassy TechVillage, RMZ Ecospace and Ecoworld etc. Panathur also has numerous schools, medical facilities, and other business areas nearby. The expansion of MNCs, startups, and IT firms in the area has drastically increased the demand for real estate in Panathur. Home buyers find the locality appealing because of the neighbourhood’s accessibility to quality infrastructure and public transport.

Properties in Panathur Main Road by SOBHA – 

5) KR Puram

KR Puram or Krishnarajapuram is on the city’s eastern side. Tipu Sultan, the then-ruler of Mysore, founded it in the 18th century, making it one of Bangalore’s oldest suburbs. It was once known for its numerous tiny villages and hamlets.

The majority of the region was used for agriculture, and it was well-known for its mango orchards, coconut palms, and other fruit trees. Along with producing silk, the region was also renowned for its gold and silversmithing. The locale was developed by the British in the 19th century, who established several factories and enterprises here.

Currently, KR Puram is a thriving Bangalore suburb with many apartment and commercial buildings. It is an important transportation hub. With numerous developers and investors moving into the region in recent years, the demand for real estate in K R Puram has dramatically increased. This is primarily because of the neighbourhood’s proximity to Whitefield and Marathahalli, as well as the presence of numerous schools and hospitals nearby.

The recent completion of the elevated corridor, which has increased access to other parts of the city, has also strengthened the KR Puram real estate market. As a result, both residential and commercial property demand in the area has greatly increased.

Properties in KR Puram by SOBHA –


6) Banashankari

Once a small community, Banashankari has expanded notably over time. The Banashankari Amma Temple, constructed in 1915 inspired the place’s name. This suburb, which was formed in the 1960s and 1970s, is now a significant centre for both residential and commercial development.

Banashankari has a very active and competitive real estate market. Because of its convenient access to the rest of the city, the region is popular with people looking to buy a house. It has become more appealing to prospective homebuyers as a result of the presence of educational institutions, hospitals, multiplexes, and shopping malls.

In addition, Banashankari provides upscale housing alternatives with a variety of facilities, including playgrounds, clubs, and more. The region is a favourite among IT professionals since it offers good access to the city’s IT centres. Due to its rich history, desirable location, and features, Banashankari’s real estate market is anticipated to stay robust in the years to come.

Properties in Banashankari by SOBHA – 

7) Electronic City

Electronic City – one of India’s most well-known centres for information technology, where thousands of people are employed. Several global corporations, including Infosys, Wipro, HCL, TCS, Siemens, and many more operate out of Electronic City. These businesses provide customers all around the world with a wide range of technology and electronics services.

The neighbourhood has a strong demand for accommodation as well as places for fun and leisure because of the ongoing influx of people. The region is lined by reputable hospitals, schools, commercial centres, and entertainment facilities, making life here convenient. The region also has parks and gardens, such as the Hiranandani Upscale Park and Hebbagodi Lake Park which offers a tranquil setting for both locals and visitors.

Travelling to Electronic City will be simpler because of the metro rail network that is planned for Hosur. Also, getting to Electronic City is quick and simple because of the elevated expressway.

Just in the past ten years, the region has witnessed considerable demand for real estate. The surge of IT professionals looking for residences close to their employment is the key factor driving this demand. As a result, Electronic City’s real estate market has been expanding gradually, with prices for both residential and commercial properties increasing over time.

Properties Near Electronic City by SOBHA –

8) Hennur Road

Hennur Main Road is a well-developed location in North Bangalore that is easily reachable from all parts of the city. The area is well-connected to the Kempegowda International Airport and is also closer to the Cantonment Railway station, offering excellent connectivity to other cities as well.

One can even access three metro stations – Byappanahalli Metro Station, Swami Vivekananda Metro Station, and Indiranagar Metro Station – which are all around 7 kilometres from Hennur.

This region is a boon for those looking to travel to and from Manyata Tech Park – one of the largest tech parks in Bangalore – while enjoying proximity to some of the city’s best educational institutions and healthcare facilities, not to mention the numerous eateries that offer cuisines from across the globe. Hennur hosts several neighbourhood gatherings and activities, fostering a sense of community and belonging.

The development of social facilities and the presence of solid infrastructure have also fueled this locale’s expansion. Real estate demand in Hennur has increased as a result of homebuyers and investors alike realising the area’s potential and investing in houses there. Property values in this neighbourhood have steadily increased along with the demand.

Properties in Hennur Road by SOBHA –

9) Thanisandra

Thanisandra is one the most developing areas in Bangalore and is only six kilometres away from Hebbal. This locale is near Manyata Tech Park, Brigade Magnum, Brigade Opus, Kirloskar Business Park, etc., which explains why there is such a high demand for housing.

Located close to the Outer Ring Road, Bellary Road, and Nagavara Circle, Thanisandra connects other important areas of the city with great ease. In addition to this, it is close to several renowned educational institutions and healthcare facilities. With Elements Mall, Esteem Mall, and Mall of Bengaluru all at a stone’s throw away, there is no need to worry about making long drives anywhere else for retail therapy. Moreover, it takes only 30 minutes to drive to the city’s International Airport.

Thanisandra’s strategic location offers inhabitants a haven from Bangalore city’s bustle while providing excellent connectivity to the rest of the city. This neighbourhood is still in the process of a developmental transformation and therefore continues to boast of plenty of green cover despite high-rise buildings mushrooming over here.

Some of the upcoming developments are an alternate arterial road to the airport from Thanisandra and the upcoming Kanaka Line of the Bangalore Suburban Rail Corridor. These projects would immensely improve connectivity to important locations like Whitefield and Majestic from Thanisandra.

Properties in Off  Thanisandra Main Road by SOBHA –

10) Hebbal

Due to its lush greenery and picturesque views, Hebbal is a favourite location for nature enthusiasts and is also home to one of the largest lakes in the city.

Housing several tech parks and its accessibility to top-notch infrastructure, the neighbourhood has become a popular choice for residential and business uses. The demand for real estate in Hebbal has grown significantly during the last few years. The number of opulent residential developments and commercial complexes sprouting up in the area has risen substantially in recent times.

The locale offers unmatched connectivity to Yeshwanthpur and Kengeri on the far west of the city and Whitefield, KR Puram, Bellandur on the east and south-east side. You can also easily travel to Majestic and towards the international airport conveniently. This is also one of the reasons why many choose Hebbal as their preferred residential location.

With abundant shopping complexes, hospitals, educational institutions, and recreational facilities close by, Hebbal is the ideal place to achieve that perfect work-life balance.

11) Yelahanka

As the seat of the Hoysala dynasty, Yelahanka has a great deal of historical value and was known as ‘Elavanka’ at the time . Yelahanka Old Town and New Town are the two parts of the 1980s – era well-planned metropolis known as modern Yelahanka.

The Kempegowda International Airport is close by, and the area offers excellent connectivity to the rest of the city as well – through road as well as rail. Once completed, the Blue Line of Phase 2 B Metro, which runs to the airport, will pass through Yelahanka and boost the neighbourhood’s transportation further. The Yelahanka Airforce Station is located here and is used by the Indian Air Force to train pilots to fly transport aircraft.

Yelahanka’s residential real estate market is rising, and the area’s houses are in high demand. Commercial areas, retail stores, and other service centres are also present in abundance, further boosting the residential market.

Several developers have made investments in the area and have created luxurious and reasonably priced home buildings as a result of the location’s proximity to the IT hubs. In general, Yelahanka’s real estate industry is booming and is anticipated to expand even further in the years to come.

12) Devanahalli

An emerging real estate district in Bangalore is Devanahalli – once perceived as a remote location, is today a hive of activity. Devanahalli is slated to become the city’s new IT hub, there is a considerable demand for residential properties there. The demand for residential homes is anticipated to rise in the upcoming years with the growth of IT parks, industrial parks, and other commercial projects.

This is one of the developing areas in Bangalore and is quickly becoming a favoured location for homeowners because the international airport is only 5 km away and the metro line to the airport is expected to be complete soon. Devanahalli is a well-planned neighbourhood with broad roads, a clean and natural environment, easy access to other parts of the city, the KIADB IT Park, the KIADB Aerospace Park – SEZ, educational facilities, hospitals, and more.

Devanahalli is experiencing a rise in demand for villas and plots in addition to homes and businesses.

Final Thoughts

Living in Bangalore is an amazing experience. It is a melting pot of cultures, making it a fantastic place to live and work. The city offers a wide variety of amenities, excellent restaurants, and exciting cultural and entertainment opportunities. Bangalore preserves its beauty and personality with lovely parks, monuments, and historic temples despite its busy life.

Real estate investment in Bangalore is a boon since it is home to some of the top tech companies in the world. On the one hand, the city is the centre of innovation and technology and on the other, it has an equally eventful nightlife and a strong sense of community.

Anywhere in these 12 localities is the best place to buy flats in Bangalore, but be sure to research thoroughly, the location of your workplace, schools, colleges, and healthcare facilities you will need access to. The closer they are to your place of residence, the better. After all, we have all heard about Bangalore’s infamous traffic.

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