How to Invest in Real Estate in Bangalore?

Investing in real estate is actually a great idea as, in the long run, it will give you enough profit. However, such investments have both pros and cons. If you do not invest in legally verified and strategically located properties, you might face a severe loss. So if you are really interested in investing in real estate, for example, in Bangalore, first figure out how to do real estate investment in Bangalore. Find out what factors must be considered in such a case and then proceed. Since I have invested in several properties for over a decade, let me help you out.

There are the factors that you must consider before investing in a property-

1. Research the local market:

Before investing in real estate in Bangalore, it is important to understand the local market. Research the area to gain an understanding of local trends, including population growth, job growth, and the availability of housing. 

1. Visit the area: 

Visit the area you are interested in to get a feel for the neighbourhood, the surrounding amenities, and the local lifestyle. Also find out whether markets, hospitals, malls, theatres, and more are there or not.

1. Choose a property: 

Next, select a property as per your needs and desires. Once you have identified a potential property, it is important to inspect the property and the surrounding areas thoroughly. 

1. Arrange your financing: 

Once you have identified a property, it is important to secure financing for the purchase. Consider approaching banks and other financial institutions for a loan even if you have the money. This step will guarantee that the property is legal as you as well as the bank will verify it 

1. Hire a lawyer: 

It is important to hire a lawyer to review all the documents related to the purchase. Seek their aid and find out whether there is any dispute revolving around it or not.

1. Negotiate the price: 

Once you have secured financing, it is important to negotiate the purchase price. Do not accept any offer readily without any sort of negotiation.

If all these are done, you can invest in the property you are interested in. I have three properties in Bangalore now, so let me now share, how to invest in real estate in Bangalore or in which places you must invest.

Always invest in properties that are well-connected with the rest of the city and have the chance to grow more. Here is the list of areas where you can invest-

1. Hebbal-

   Hebbal is simply blooming. It lies in close proximity to Nagavara Lake and is a prime location in North Bangalore. This area has high-rise as well as mid-rise apartments. Hebbal is also well-connected with the rest of the city through Bellary Road, the ORR and the Hebbal Flyover. The average price of 2BHK property in Hebbal is Rs. 5,750,317.50. 

2. Hennur-

   Hennur lies just adjacent to the outer-ring road. It has several luxurious apartments, mid-rise buildings, and villas as well. The infrastructure in this area has already been able to attract buyers, and it is not going to stop soon. The properties here are also less expensive but will have a good resale value in the future, so investing here will be a smart move. The average price of a 2 BHK property in Hennur is Rs. 6,000,000.

3. Electronic City-

   Electronic City is the hub of IT sectors and is well-connected with the entire city. In fact, day by day, it is improving. This area also has affordable housing to offer; hence, the demand for properties here is also increasing with the passage of time. Investing here now can give you a good resale value in the future. The average price of a 2 BHK property in Electronic City is Rs. 5,068,912.70. 

These places have low prices as of now, but in the near future, they will rise for sure. 

Other places where you can invest here are-

• Whitefield

• Yelahanka 

• Devanahalli 

• Thanisandra 

• Sarjapur Road 

This detailed answer must have helped you know where to make real estate investment in Bangalore and what factors to consider.