₹58 lakhs
15%
residential plots
Nandhi Hills
Bangalore
₹89 lakhs
15%
residential plots
Devanahalli
Bangalore
₹1.25 crores
15%
residential plots
Yelahanka extension
Bangalore
₹1.74 crores
15%
residential plots
Devanahalli
Bangalore
₹1.4 crores
15%
residential plots
Shettigere
Bangalore
Bangalore is one of the best city in India for residential plotted development investments. It is the IT Capital of India and has a high migrant population. The economy of the city is largely driven by IT/ITeS, Automobile, Hardware, Electronics, BFSI, Defense and others. All these sectors are growing at impressive rates.
Few important factors for investing in residential plotted development includes micro-market, developer’s profile (quality), available amenities, construction status and return
The key micro-markets most attractive for residential plotted developments in Bangalore include, Bangalore North (Dodebellapur Road to Bellary Road to Old Madras Road), Sarjapur Road, Hosur Road and Kanakpura Road.
Impressive infrastructure initiatives including Metro Rail to International Airport, Satellite Town Ring Road (STRR) and others are pushing further growth of plotted developments in Bengaluru, and are witnessing high growth across different micro-markets of the city.
It is advisable to invest in Grade A plotted development properties as it attracts good end-user, developed by good developers, developed as per local regulations, have good project amenities and infrastructure. One can invest in ready or under construction properties as supply for sale is limited.
The average annual appreciation for plotted land investment in Bengaluru varies between 3% and 8% in Bangalore North, Sarjapur, Hosur Road and Kanakpura Road regions. In many cases, investors have witnessed average annual appreciation of 12% to 15% as well. It is suggested to hold plotted development investments for around 7 year to 10 years to reap high investment yield.