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Why Investing in Plots in North Bangalore is a Better Option

With the real estate prices in South Bangalore shooting through the roof, it is a better time to buy property at a cheaper rate in other side of the city. North Bangalore is an upcoming area that has seen rapid growth in real estate investments in recent times. If you too are looking to invest your money in plots or properties here, then you need to know why it’s a better option compared to investing the same amount of money somewhere else. Read on to find out!

Why Plots in North Bangalore are a Good Investment Option?

There are many reasons why investing in plots in North Bangalore is a better option. Here are some of them -

Reason 1: High Return on Investments

The plots in North Bangalore are currently available at prices that are much lower than what you’d have to pay for the same in South Bangalore. The reason for this being the underdevelopment of this region as compared to other parts of the city. Now that there are more and more residential and commercial buildings springing up in this region, there’s a high chance that the prices are going to shoot up soon. This makes investing in plots in North Bangalore a good option as the return on your investment is high as prices are low right now. Once the prices start to rise, you can easily resell the same and make a decent profit out of it.

Reason 2: Increase in Job Opportunities

North Bangalore and its neighbouring areas are currently experiencing a surge in job opportunities. This is primarily because many established companies are moving their offices to this region. Some of these companies include Wipro, HCL, and Tata Consultancy Services (TCS). Apart from these big companies, many foreign companies are also opening up offices in North Bangalore. You’ll find offices of companies like Amazon, Uber, and Accenture in this region. This sudden increase in the number of job opportunities in the region is a positive sign for those looking to settle down here. People who have bought plots in this region are likely to have benefited from this trend as well.

Reason 3: Proximity to Residential Areas

North Bangalore is close to residential areas like Banashankari, Sadashivnagar, and Kumaraswamy Layout. This is one of the best advantages of investing in plots in North Bangalore. If you buy a plot close to a residential area, you get the freedom to use it in any way you want. You can either build a commercial property or a residential property as per your needs. You’re not tied to any specific plan because of the proximity to residential areas.

Reason 4: Conclusion

There are many reasons why investing in plots in North Bangalore is a better option. It is currently available at a cheaper rate than in other parts of the city. There are also more job opportunities in this region as compared to other parts. North Bangalore is also close to residential areas, giving investors freedom to build commercial or residential buildings. With so many benefits, investing in plots in North Bangalore is a better option compared to investing the same amount of money in other parts of the city. Thus, you can choose a better investment option in Prestige Marigold.

Future Outlook

The Prestige Marigold project is a futuristic project built by the Prestige group keeping in mind the shift of the industrial, government SEZ, and expanding IT industry along with the new kid on the block, the Startups. North Bangalore will be the new Destination. The international airport here means the first entry to Bangalore will be at this location only. The massive job infrastructure being built here with new Tech Parks, SEZ’s, financial hub means the existing Bangalore workforce is shifting to North Bangalore along with massive migrants from other parts of the country for job opportunities.