Investment in real estate of Garden City?Experts have different opinions on this. While some call it a pensioner’s paradise as the city has transformed into a major cosmopolitan centre with all basic-modern amenities, there are many who differ. This group believes that the quick urbanization is gradually eating up the green cover also.
“Traditionally, Bengaluru has been considered as a pensioner’s paradise and the instant thoughts that would be associated with this saying are huge gardens, lakes, parks, cultural centers which are all intact with an enhanced maintenance and newer legislation enacted to protect these landmarks. Bengaluru West has by now established itself as a robust investment destination with its state-of-the-art soft and hard infrastructure consisting of all the aforementioned elements,” Ladak said.
However, Cushman and Wake field and JLL vary with Ladak’s views. “Bengaluru used to be a excellent retirement city overall, but those days are past. With the steady erosion of its green cover, even the tag of Garden City will soon stop making much sense. That said, there are still locations which are pretty supportive of the special needs of senior citizens. The best locations for retired people are near the airport in Devanahalli, Sarjapur and Attibele in the south, Kanakapura and Mysore Road. These areas are still comparatively peaceful, connectivity is first-class and there is first-rate availability of social infrastructure such as hospitals,” Juggy Marwaha, Managing Director – South, JLL India, opined.
From an investment point of view, experts advocate Bengaluru as a stable realty market for serious investors. For investors looking for less volatile market with long term horizon, Bangalore provides an attractive investment option. There have been investor interests for capital appreciation as well, especially in certain sub markets of Bangalore.
Prestige Elysian is a new pre-launch on the Bannerghatta Road and consists of 1, 2, 2.5, 3, 4 BHK apartments. This project will be a good investment idea in Bangalore.
for refer blog link : Bangalore Property