Bangalore is possibly one of the best multicultural hotspots in India. Since it is one of the largest IT hubs and startup hubs, it makes perfect sense to own property in Bangalore.
Also, given the rate at which the city limits are expanding, a residential property in Bangalore will yield great returns.
Here are some of the top reasons why you should buy residential property in Bangalore:
- The population explosion:Even if you can’t physically live at the duplex house in Bangalore, for instance, you can still find tenants willing to pay rent acceptable to you. This is because lakhs of people migrate to Bangalore each year and earn a decent salary.
- The culture: Living in Bangalore is a great experience. You will never run out of restaurants, microbreweries and fun activities to do. The local culture and tradition along with the multi-cultural vibe makes it the perfect city to be in. Unlike Mumbai, Bangalore doesn’t have a flooding issue and is home to a ton of celebrities in its own right.
- The weather: Save a couple of hill stations in India, the weather in most places tends to be uncomfortable in the summer and unbearably cold in the winter whereas Bangalore’s weather is always pleasant. Itis without doubt the metro with the most lovely weather. The awesome weather increases your work efficiency and opportunities of enjoying outdoor life in general.
- Good schools and colleges: If you plan to expand your family, you will be in good hands because of the good schools and colleges that are established in Bangalore. They are consistently in the toprankings of every credible media list.
- Value of property increases: There are tons of famous duplex apartments in Bangalore. If you do decide to sell your apartment one day, you can easily recover your investment and also earn decent appreciation.
- Safe and secure: Bangalore is generally considered safe and does not have too many crime and violent incidents which is a good indication of its law and order. It is quite safe to enjoy night life in Bangalore without worrying much. Bangalore Police is also amongst the best in India.
Even if you decide to move out of Bangalore, you will be able to create a parallel, passive income that will tide you over if you are going through a rough patch and give you a sense of security when you retire.
The economy in the city is expected to grow exponentially which is great news for all property owners. So, hurry up and buy now before the prices amp up.
