What makes Koramangala the best investment destination?
Bengaluru today has become one of the best Indian cities to live in. The rapid development, high demand, and infrastructural improvements are key factors that are driving the growth of real estate in the city. One of the main catalysts for this development is the software boom that has transformed Bengaluru into the IT capital of India. Koramangala is a locality that has risen to prominence due to its proximity to major IT corporations. It has been developed into the Central Business District (CBD) and is one of the most sought-after destinations for residential and commercial investors alike. If you are planning on buying a home in Bengaluru, here’s why Koramangala should be at the top of your list.
Excellent connectivity to key areas
One of the main advantages of investing in Koramangala is the easy connectivity it offers to key locations in Bengaluru. Hosur Road is a major arterial road that connects this Koramangala to Madiwala and Electronic City. This road makes travelling a breeze for those working in Electronic City as it offers a smooth and seamless commute between the two areas. Sarjapur Road connects Koramangala to the Outer Ring Road – the lifeline of Bengaluru. The locale is also very well connected to major commercial areas like MG Road through 80 Feet Road. Efficient public transport has also made travel easier for residents of Koramangala. BMTC buses regularly run through this area, connecting it to several localities in Bengaluru.
Koramangala is strategically located next to Electronic City and HSR Layout – two localities that are at the heart of Bengaluru’s IT boom. Some of the biggest corporations in the world have invested in these areas by opening up offices here. This proximity offers a number of benefits for those looking to invest in a home in this leading locality. The influx of investments pouring in guarantees high returns on investment for home buyers. Koramangala also offers all the advantages of living in a premium residential area while also being close to several IT and commercial zones. In this way, home buyers can enjoy the best of both worlds!
Numerous employment opportunities
Koramangala is one of the most exciting commercial zones in Bengaluru. It has developed a reputation as the startup hub of the city due to the numerous offices and co-working spaces opening up here. This area is also home to huge offices like Bosch, Oracle, and KPMG. Additionally, Koramangala is closely connected to Sarjapur, HSR Layout, and Electronic City. Residents working in offices like Wipro, Microsoft, Samsung and other major corporations in these localities can easily commute from Koramangala.
Koramangala has a clear advantage over other up-and-coming localities in Bengaluru as it is more advanced in terms of infrastructure. The neighbourhood offers residents a wide array of amenities and conveniences. It is home to some of the most prestigious educational institutions in Bengaluru such as National Public School, Jyoti Nivas College, and the highly-reputed St. John’s Medical College. Parents can, therefore, be assured that their children will receive a world-class education after a move here. Topnotch hospitals like Apollo Spectra, too, are located in Koramangala. All these factors make the area an ideal location for the entire family. Koramangala also has a number of restaurants and malls, so residents will never face a dull moment!
Premium residential projects
The influx of investments in and around Koramangala has led to the development of numerous high-end residential projects. Potential home buyers looking to make an investment here will be spoilt for choice. Reputed builders have launched prestigious projects in this locality that offer top amenities. Sterling Infinia, for example, includes luxury amenities like a jogging track, open green spaces and a swimming pool for residents to enjoy. When you are looking for a home in Koramangala, you are certain to find one that ticks all of your boxes so you can start living the best years of your life.
High appreciation rates
With rapid development come fast-appreciating property values. Due to its close proximity to major commercial areas and the large number offices opening here, Koramangala has witnessed a sharp increase in property prices. This locality is also the perfect choice if you are looking to buy a home primarily as an investment. The increased number of people moving to this locality for work has led to a rise in the demand for housing options. You can be assured of finding a tenant with ease and earning a second income through rent.
A home in Koramangala can offer home buyers high appreciation and an unmatched quality of life. If you are looking to invest in a home here, explore Sterling Infinia. This landmark project by Sterling Developers includes spacious luxury homes right in the heart of the city. Visit our website to learn more about our other projects in Hebbal, Bellandur, and Whitefield.