Investing is a decision that should be made with proper research and which gives benefits. Bangalore is a growing city which offers many investment options. The best option is to invest in homes in the areas which yield good return value. Often asked by people whether buying a home on the city's outskirts is good or not. The correct answer is yes; buying a home in Bangalore on the outskirts is good. The outskirts of Bangalore are developing rapidly and offering many advantages.
The tech city offers many benefits to people who buy homes on the outskirts. Some of the benefits of buying a home in Bangalore on the outskirts are:
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Cost savings - Investing in homes that are on the outskirts helps in saving a lot of money. These homes are available at affordable prices with low-cost EMI and loan interests. People who seek a peaceful area and natural climate go for the outskirts.
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Good connectivity - Bangalore's outskirts are developing rapidly because of the growth in population. The govt has been working on improving the connectivity in these regions. The metro, road, and bus connectivity is great in these areas. NICE Rd, ORR, and other connecting roads are easily accessible from the outskirts.
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Residential projects - Top builders are launching their projects on the outskirts of the city. Builders like Prestige Group have launched several projects in main outskirt areas. With more areas to develop better amenities and spacious flats, these areas are chosen. Investing in these projects will give buyers satisfaction.
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Proximity to IT hubs - Big IT companies and IT parks are developed on the outskirts of Bangalore. These outskirts also host many startups and businesses. People who are living close to these hubs get to save traveling time and cost. Along with that, people get good rental value from their homes.
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Return on Investment - The homes on the outskirts are more in demand than homes in the middle of the city. The rate of property is increasing and buyers can get high ROI.
There are many more factors as to why buying a home in Bangalore's outskirts is good. There are many localities which were outside the city and now are highly demanded.
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Whitefield - The locality is one of the biggest tech hubs of the city. It has more than 100 residential projects and IT companies. People investing in this area will get good profits.
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Begur - It is a prominent area on the outskirts of Bangalore. The area is located off the Banglore-Hosur highway. The area offers good connectivity and is close to schools, colleges, and other amenities. Low cost residential projects are developing in the area. It is close to Electronic City and also far away from the city's busy life. The new project, Prestige Souther Star is developed here by Prestige Group. It is a great investment option for home buyers.
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Hebbal - The area is a posh neighborhood in Bangalore, which is connected to KIAB. The roads link with the ORR and Airport Rd via Nh-44. It is another good locality near the city.
Prestige Group pre launch new project Prestige Southern Star