A decision to buy property in Bangalore can turn out to be a great step because the country is expected to get around US$4.2 billion investment in the real estate market in 2017. A research report by Cushman & Wakefield suggests that this is just a beginning because India is being considered as one of the major real estate investment hub around the world and more specifically the best properties in Bangalore will be in demand.
This is not the first time when a research firm has shared an eye opening report. In 2016 only, the funding in real estate sector reached US$5.4 billion. In 2011, the figures were US$3.8 billion.
A report suggests that the new money coming to the real estate marketing is estimated at US$435 billion. According to the report, India has its share of around US$4.2 billion in this major potential investment.
As a majority of homebuyers in India now prefer Bangalore over Delhi, Gurgaon and even Mumbai, a major part of this investment is expected to reach to the Bangalore real estate market. Even the luxury properties in Bangalore are at competitive price, this investment in 2017 will probably hit the market with and is expected to drive a transformation.
Bangalore’s attractiveness as an investment hub has strengthened the real estate developers’ will to attract more investment in the sector. Bangalore’s inclusion in the world’s leading destinations to invest in real estate has given a lot of confidence to homebuyers as well.
As the situations are turning out to be highly favourable for homebuyers, the best property locations in Bangalore like Whitefield and Thanisandra. The Asia region alone accounts for 30 percent of the global real estate investment. When it comes to India, a majority of the investment is made in the South region.
The growing investment interest in Bangalore shows that the opportunities and growth rate in tremendous and people are even choosing properties in Bangalore more than any other places. Be it luxury villa plots in Bangalore or villas in the city, the rapid growth and growth of opportunities across the region is very attractive and is opening the doors for potential homebuyers.
The scenario when taken into consideration also indicates a sudden rise in the properties throughout the country. Luxury properties in Bangalore being the most attractive investment opportunities are also a part of the cycle and there’s a high possibility of property rates in Bangalore seeing a rise in the coming months. So if you are looking to buy property in Bangalore, this is the most promising time of the year when you can go out and find something good for you.