Top reasons for HNIs and NRIs to invest in Bangalore real estate market
February 13, 2020 |
Real estate is the most alluring choice for HNI (High Networth Individuals) and NRI (Non-Resident Indians) buyers who have surplus wealth to invest and they are always looking for luxury properties regardless of where it is launched. Over the years, the real estate market in Bangalorehas flourished, offering tempting options for all kinds of investors. The reasons as to why HNIs and NRIs are looking to invest in Bangalore are mentioned below.
- The city of Bangalore offers a very well-developed IT segment. Bangalore’s IT sector offers hundreds of opportunities to the individual who desires to make it big in their lives. Many big brands like Microsoft, Oracle, Infosys, Google, IBM etc have their offices in the city and thus provides various job and business opportunities.
- Bangalore provides the best economic and social infrastructure to the buyers. Advanced economic and social infrastructure like hospitals, schools, colleges, airports, railway stations, shopping malls etc. makes investments very much profitable.
- A stable appreciation in property prices of the property also has made Bangalore as one of the top investment destinations among the HNIs and NRIs.
- Availability of luxury housing segment in Bangalore has made this as one of the most sought after investment destination.The Bangalore resident’s per capita income is higher than in other cities in India and therefore the buying ability of the residents here is also higher. Hence, the developers find it easy to launch luxury residential properties in this city. Prevalence of number of luxury housing options in the city allows investors to select more before confirming the property.
The most favoured luxury housing destinations among NRIs and HNIs in the city include Kanakapura Road, Koramangla, Whitefield, Indira Nagar,Sarjapurand North Bangalore.
Legacy Cirocco: A beautiful township in Bangalore’s Jakkur
Legacy Cirocco is a beautifully crafted residential township in Bangalore. Located at Jakkur, this township offers 3 BHK and 4BHK apartments to the home seekers at price ranging from Rs 4.10crores to Rs5.33crores. The locality offers advanced social and economic infrastructure. Developed over 1.9 acres of land the township consist of 94 residential units. The residents here are offered with all the modern day facilities and luxuries like club house, swimming pool, gym, kids’ play area, landscaped garden and many more. This private property is one of the best options to reside in Bangalore.