Bangalore: The Latest Real Estate Investment Hub For NRIs?

On January 14, 2020 by Preeti Shah

Bangalore, the capital of Karnataka, is one such Indian city that never seems to lose its charm and authenticity. The city has gained increased popularity amongst the NRIs as they often prefer settling in Bangalore, given a choice. Although these NRIs stay so far away abroad, yet they always crave returning to their land and settling somewhere here. As per the recent study it has been observed that most of the NRIs opt for Bangalore because of the various amazing features of the city:

To Mention Some Of The Beautiful Attributes Of Bangalore As A City Are:

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  • The vast space the city has to offer to its people, in terms of natural and artificial parks, recreation centers, and other sites of tourist attractions that make one feel close to nature.
  • Bangalore has incredible bus service for its people and not only bus service, but the overall transportation system is quite effective in Bangalore.
  • The availability of diverse and tasty food reflects the diverse culture of the city. It accommodates people from across the country and the globe and welcomes everyone with immense warmth.
  • Bangalore is one of the fewest cities to keep the theatre alive and promotes it in all languages.
  • The city is surrounded by greenery and has one of the best climates in India among all the metropolitans, which make it ideal for living.
  • The city has a huge inclination towards organic living, be it organic hang out joints or organic shopping options, ranging from food to cosmetics to clothes. The city knows its way to healthy living.
  • The city is one of the safest cities in India, and women feel safer to be out till late at night as most of them have to be working professionals. Bangalore is quite an advanced city when it comes to women’s empowerment.
  • The city is a hub of technology and start-ups besides being the center of most IT giants. It is great to notice people sitting around anywhere and everywhere engaged passionately in discussing new ideas.
  • Last but not least, Bangalore has delightful weather, and that is what most people are fond of, especially the NRIs.
  • Development in various sectors, including the real estate sector, is a resultant of the growing IT industry. Increasing job opportunities in Bangalore has led to the immigration of people across the country and borders.
  • Bangalore is a highly preferred city for NRIs, as they always think of settling in Bangalore whenever they return to India. There is the availability of plenty of flats for rent in Bangalore.
  • As Bangalore, India has the most number of NRIs in its population; this readily enhances the chances of investing in an independent house for sale in Bangalore south.

The NRIs usually return to Bangalore either to set up their start-up business ventures or to invest in real estate properties for living with families or even as an investment opportunity. The number of real estate developers has been huge in Bangalore, and a lot of new laws have been set up to protect the buyers from scams and fraud, such as RERA compliances. As most of the immigrant population in Bangalore are working professionals, so the demand for flats for rent in Bangalore is huge. There are married couples, and both of them are working in Bangalore; for them buying an independent house for sale in Bangalore south is more lucrative.

Top Places To Invest In Bangalore For NRI’s

Flats for rent in Bangalore are also quite popular and in-demand nowadays among the youth. The steady rise in the prices of luxury apartments or flats in the city has forced people to shift to flats for rent in Bangalore. Moving to suburban Bangalore would have been a toll on them as they would have to waste a lot of time in commute. This has led to the sale of more flats in the city. If you are an NRI and you wish to invest in the city’s real estate market, then you can preferably go for localities such as:

  • Whitefield
  • Sarjapur
  • Indira Nagar
  • KR Puram
  • Hennur
  • Yelahanka

A website is especially available for people who look for various residential properties for living in some of the major cities in India like Bangalore, Mumbai, Delhi, Kolkata, Hyderabad, Chennai, etc. It is the website housing.com that NRIs are extremely fond of as it helps them in finding the right residential property based on their requirements and preferences.

Some of the unique features of housing.com are as follows:

  • You can choose your locality or area within the city where you would like to take the best flat on rent in Bangalore.
  • You can choose the number of BHK’s, bathrooms, the face of an apartment, or even type of apartments.
  • There are options for choosing properties that belong to brokers, developers, or direct owners.
  • There are also options like RERA compliance checks from the sellers.

The Website Housing.Com Provides Updated And Detailed Information Like The Following:

  • The exact locations of the properties in with landmarks
  • The accurate built-up area of the properties
  • The possession date of the properties
  • Various amenities around the properties
  • Average price per square foot of the properties
  • Agent, owner or developer name and contact details
  • Expected EMI amount if one takes a loan of the property amount.

To look for affordable and desirable houses or flats for rent in Bangalore or even for buying purpose through housing.com, one has to follow the following simple steps:

  • Firstly, you have to visit the official website of housing.com and select flats for rent in Bangalore. Your search will vary as per your preference.
  • After reaching the home page, the website requires you to sign up to create an account on the website. You can sign up through Google accounts or any other email account.
  • You need to select the various filter options that are available to denote your preferences, and then the website shows you search results based on those filters.

Also, housing.com is one of the best websites for NRI’s to choose their flats or independent house for sale in Bangalore south to live in or invest.

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