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2/3 BHK Apartment in Bangalore: A Worthy Investment with Lifelong Return

In recent years, residential real estate in India has observed unmatched growth owing to revised Government policies and multiple home loan facilities. More and more people can afford to buy their dream home. However, when it comes to buying an apartment, home buyers get confused between what kind of apartment to purchase. Although 2BHK-3BHK apartments might be expensive, they are a safe & stable investment. If you are looking to buy a 2/3 BHK Apartment in Bangalore, you should have a fair idea about the factors that govern the price of per unit. The price of apartments are dependent on area, location and property developer. Moreover, there is not much difference in price between a 2BHK and a 3 BHK, so it is always advisable to invest in a 3BHK for a little extra room. 

Top 5 Reasons Why Investing in a 2 /3 BHK Apartment in Bangalore

Let’s take a look at the top 5 reasons why investing in a 2 /3 BHK Apartment in Bangalore is a worthy investment giving lifelong returns:

  1. Cost Effectiveness: Although the cost of 1BHK or 1.5BHK may be much less, it is not cost effective in the long run. Instead investing in a 2/3BHK apartment is better if you are looking for a cost effective investment. For example, property builders in Bangalore offer 1 BHK apartments at 28-30 Lakhs or more but the price of 2/3 BHK apartments with all necessary amenities & central location starts from only 40-42 Lakhs. This means, if the homebuyer is putting in 10 lakhs extra he/she is getting a much spacious apartment worthy of investment.
  2. High Market Availability: 2/3 BHK apartments are getting cheaper due to various new policies and schemes launched by the Government of India. This has completely changed the face of the modern real estate market. Thanks to housing schemes  that have made 2/3 BHK apartments affordable for the mid-income group homebuyers. More and more, reputed property aggregators & developers in Bangalore are launching 2 & 3 BHK apartments nowadays owing to their high market demand.
  3. Ready Audience: 2/3 BHK apartments are perfect for all kinds of buyers, be it nuclear family, small family or bachelors. The  rental income from such apartments is good because they offer a spacious yet compact way of living.  
  4. Enough Space for Future Planning: Buying a 2/3BHK flat is a one time investment that gives all the space you need to plan your future. The need to buy another flat does not arise even when you start planning for kids or take care of aging parents.Since these flats are spacious, you do not have to start saving money or take up a loan to move into a bigger place with increasing family members.
  5. High Resale Value: These apartments have high resale value especially if they are located in a prime location. For instance, if you are looking for a 2/3BHK Apartment in North Bangalore connected to a thriving infrastructure the important regions to target would be Yelahanka, Jalahalli, Hebbal and Devanahalli for a good investment. This scenario is purely dependent on the market demand and supply.

Consider Investment in 2/3 BHK Apartments in Bangalore:

Your personal goals and situational urgency play a huge role in selection of your apartment. But, it is important not to rush and make an informed choice weighing all the pros and cons. Thus, if you are looking for an apartment in North Bangalore, consider buying a 2BHK or 3BHK flat for great return on investment and long-term stability. 

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5 Reasons why it is the Perfect time to invest in a Home in North Bangalore

Bangalore is fast becoming a sought after City for employment, education and settling down, not just for the locals but for people from other cities too. Owing to its salubrious climate, cosmopolitan population and it being the hub of IT Industry in India, Bangalore poses to be the perfect destination for all. One part of Bangalore that is seeing burgeoning growth, not just in terms of infrastructural development but also enhanced presence of IT sector is North Bangalore due to which North Bangalore is rapidly becoming a favoured choice for Property investment, not just residential but commercial as well.Here we list out 5 main reasons why it is the perfect time to invest in a home in North Bangalore.
  1. Location and Connectivity to other parts of Bangalore and otherwise: One of the biggest location advantage for North Bangalore is the presence of Kempegowda International Airport which does not just provide connectivity to other parts of the Country and the globe, but also enables job opportunities and facilitates infrastructural development in the region. The connectivity is further enhanced due to the 6 lane Bellary Highway. North Bangalore is also well connected to other parts of Bangalore. with ORR which will be further smoothened with the upcoming Line-5 of Metro from Silk Board to KIA terminal, connecting Hebbal, Yelahanka and Jakkur, expected to be completed by mid 2025
  2. Thriving Infrastructure: North Bangalore is home to a number of residential projects by some of the prominent builders in Bangalore, thus enabling a strong social infrastructure in place. This has made way for the presence of numerous shopping malls like Esteem Mall and RMZ Galleria, supermarkets like Fresh, More, Smart, Namdhari etc in close proximity. Also present are a number of Educational Institutes like Delhi Public School, Ryan International, Vidyashilp Academy, Presidency College, MVIT and many more. North Bangalore also has good health care facilities with the presence of prominent hospitals and clinics, Columbia Asia and Aster Hospital to name a few. With such a sturdy infrastructure in place, North Bangalore is becoming a favourable choice to reside and settle.
  3. Employment Opportunities: An established infrastructure in North Bangalore is ensuring sufficient Employment Opportunities, attracting businessmen, medical practitioners, Airport and Aviation professionals staff, students, educators and IT professionals. Presence of expansive IT Parks like Manyata Tech Park in Nagawara, Ecopolis in Yelahanka and Kirloskar in Hebbal ensures good employment opportunities for the Corporate sector, especially from IT background. This is further enhanced with the upcoming IT SEZ and Devanahalli Business Park which promises better growth and job opportunities.
  4. Good rentals: With a thriving infrastructure, strong connectivity to other parts of the city and good employment opportunities, North Bangalore is seeing good rentals with more and more professionals wanting to shift close to their workplace. This has led to a number of residential projects in the region, providing good facilities and amenities, thus facilitating secure and safe residential spaces for all. This also has a positive impact on rentals in North Bangalore
  5. Appreciation of property: With steady infrastructural development and continued growth of the IT sector in the region, North Bangalore is seeing unfaltering appreciation of property. Add to it the sought-after rentals, Property in the region is sure to witness stable appreciation of property, thus making your decision to purchase your 2 & 3 bhk in jalahalli Bangalore, a wise one.
Hence, a Property purchase in North Bangalore will doubtlessly ensure better returns for you, both as a home and an investment.For helping you with your decision in your Home purchase, Zaurya Realtech facilitates curated homes, primarily focussed in North Bangalore so that you can enjoy the benefits of your hard earned money in peace and to the fullest.Visit www.zaurya.in for more details.