A recent report by CNBC states that 2020 is the right time to invest in the real estate sector.
The real estate market has witnessed multiple ups and downs over the years, however, it is the pandemic that was one of the most impactful events for this sector. The report further justifies the reasons why it is the best time and choice to invest in the real estate market of Bangalore. Being one of the fastest growing metro cities in the country, Bangalore has been a career spot for many working professionals. From IT to media and marketing, Bangalore city provides many valuable opportunities to youngsters. These professionals finally settle in the city and look for options to buy a dream home. This blog will explain the key benefits of investing in property in Bangalore and will answer many questions.
Owning a premium villa in Bangalore is the best option for any kinds of investment plans in the ongoing pandemic situation because Bangalore’s real estate market has observed a fall in the costs post lockdown. Bangalore being an IT hub or center has also convinced many techies to invest in villas near Sarjapur, the emerging part of the garden city, Bangalore. Bangalore is one of the leading metro cities in the country, which is developing and rising both in technologies and industries. We have listed down the key points why investing in premium villas in Bangalore is the best investment choice.
Prime Location: Bangalore is considered as the IT capital of the country with maximum leading IT firms headquartered in the city. From startups to well established giant companies, this IT hub has paved the way of success for all. And this has eventually led to an increase in the construction and real estate projects. Many working professionals settled in Bangalore claim that it has been their best decision, keeping in mind the future plans. The various facilities that one can get in the city makes it the best choice for settling down for many office workers.
Fastest Developing Area: If you have been in Bangalore, you must be familiar with the name Sarjapur by now. Sarjapur or Sarjapur Road is the fastest growing area of the metro city Bangalore, and is well connected with the prominent IT areas and MNC offices. Sarjapur is located within a few kilometres of prime locations including Whitefield, Marathahalli, HSR Layout etc. Sarjapur now enjoys various luxury apartments and properties and is growing rapidly. Hence, buying a villa near Sarjapur is the best return on investment.
Tax Assets: If you are planning to invest in 1 or 2 BHK in Bangalore, then you are eligible to claim tax deduction on home loans. Many office goers start their career in Bangalore by living in a rented house and gradually realise that staying in a rented apartment will increase rents with time but when it comes to owning a house then monthly loan payments are fixed. Therefore, it has been proved and stated that real estate investments have lower risks than stocks and mutual funds.
Rise in Real Estate Market: The real estate market is rising with immense profits for the homeowners, especially in Bangalore, the fourth developed metro city in the country. This has increased rapidly after the lockdown phase. The Financial Express reports that investing in real estate is the most tangible option and can never go wrong. The report further states that apart from location and the city, opting for ready-to-move-in properties is by and large a safer bet than under construction properties or land acquisition.
Saiven Developers is one of the leading real estate developers with committed and friendly staff members for immediate assistance, and offers premium villas and affordable apartments in Bangalore. These properties are equipped with the best amenities and security with great architecture, advanced technology and accessible location. The team is committed to providing the desired satisfaction to the valuable customers. If you or anyone you know is planning to invest in a premium villa in Bangalore, then Saiven Developers is the perfect fit to deliver your dream home as per your expectations.