Bangalore or the IT capital of India has the most lucrative and vibrant real estate market which comprises of a wide range of accommodations varying from flats and villas to row houses and small size apartments. The city has the most sought after property market in the country with takers for all types of residential projects.
The expansion of the city’s borders have engulfed the areas, which were once considered to be on the outskirts, in the real estate boom and have led to increasing demand for residential housing in Bangalore. The south and east of Bangalore being the IT nerve of the city have developers catering to the residential demands of IT employees in these areas. West Bangalore is a prime industrial region and North Bangalore is witnessing a real estate growth due to its being well connected via Outer Ring Road and proximity to international airport.
Investing in 3 BHK flats in Bangalore is now considered to be a wise investment decision due to many factors associated. A significant percent of city’s population prefer 3BHK flats as compared to 1BHK or 2BHK since most of these home buyers are IT professionals who opt for a comfortable and luxurious lifestyle rather than cramped spaces or are first time home buyers. Most of these IT professionals are of age group 25-30 years who are either unmarried or planning to settle soon or are recently married with small families. 3 BHK flats in Bangalore are spacious and comfortable enough and also allow greater privacy besides being available at affordable prices. The first time home buyers have the excitement and savings to buy a 3BHK apartment as they are ready to spend a little extra in order to settle down comfortably with their families.
Many first class developers and investors buy such apartments for renting purposes also as it’s easy to find takers for such properties. A group of students relocating to the city for better future prospects can plan to stay together taking a 3BHK apartment on rent. The steadily appreciating property rates have made the city an investment hub for home buyers who even plan to rent out their properties in case of future relocation due to the strong returns offered as the demand from the IT professionals is always increasing.
The prominence of tech parks, IT zones, shopping malls, best class educational institutions, and other lifestyle facilities also pushes up the demand for 3 BHK flats in Bangalore. Thousands of people from other parts of the city settle down here e having jobs increasing the value of homes to a great extent.
The best deals offering great returns on 3 BHK flats in Bangalore come from areas like Electronic city, Sarjapur Road, Whitefield, Kanakapura Road and Bannerghatta Road. These areas lie close to the main workplaces and are fully equipped with abundant physical infrastructure and top notch residential developments.
3BHK apartments in Whitefield are high end developments whereas affordable options are available in areas like Manyata Tech Park and Kolte Patil iTowers Exente Electronic City, Bangalore. The real estate segment of Hosur Road also has a demand and supply for 3BHK flats in Bangalore.
Built with highest quality materials and fully equipped with best-in-class facilities, 3BHK flats in Sarjapur Road are amazing places to live in. These flats due to the cosmopolitan flavor of the city have amenities of global levels. Top level professionals, business persons with high end lifestyles are moving to this area and have increased the demand for 3BHK flats. People with high inflow of guests and relatives usually prefer 3BHK flats as they have an extra bedroom, spacious dining and ample parking space. Whitefield due to its rapid development is also another hot destination for 3 BHK flats in Bangalore of prospective home buyers, investors and end users. The promising realty growth in this area has made it the preferred destination of many investors and its excellent connectivity ensures that all the basic conveniences are well within reach.