Investing in Bangalore Real Estate? Think out of the city

You have decided to invest in real estate. The challenge now is to decide where to invest for maximum benefits.Got you thinking?A centrally located apartment or a villa in a posh locality would be a great place to stay in but if you are investing for returns are they good options? Have you given a thought to buying a property in the city outskirts?You have not? Then it’s time you do.This is because real estate trends have mostly been quite predictable – properties in outskirts have more or less yielded higher returns on investment compared to the city centre. And serious long-term investors well aware of this have always reaped huge benefits.Now why is that?This is because of the 2 D’s of property – development and demand.Let us see how.

Development

Say you buy a property in “X” which has minimum facilities, limited connectivity and accessibility points and is situated at a considerable distance from the city center.But you also see that it has much infrastructural potential with malls, shopping centres, schools, hospitals and basic amenities coming up.Therefore when you buy the property at a much depreciated price, in a few years’ time when you are ready to sell it, the surrounding development will have increased its value.Let us take for example, Sarjapur Rd which 10 years back had plots selling at Rs 200/sq. ft. because it was considered as the outer limits of the city and not a part of the CBD (Central Business District). At present the value of the same plot has appreciated 10 times.Now that’s a whopping profit!

Demand

So now it has been a few years that you own a property in “X”, the surrounding area also has seen considerable development; if you want to sell the property now, you will get some good benefit. But there is one more thing that can give your property that “premium tag” – its location.Location simply does not mean having malls or hospitals nearby, but the property should be strategically positioned to also be close to other important facilities like the airport, IT hub, etc. The property needs to be located in such a place which gives its owners easy access to both. This might need you to do some real in-depth research before you invest, but it will definitely be worth the effort.Now the gyan is done it’s time you act and wisely! I hope you have found this post interesting, informative and helpful and I hope it throws some light on your real estate problem, especially if this is your very first investment.