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  • By Kessaku
  • |
  • October 10, 2024

Real Estate Investment In  Bangalore – Myths Vs Facts

Bengaluru has always been a cradle that has nurtured innovation, diversity, and growth, and creativity. The economic growth, ever evolving IT and start up ecosystem attracts the job seekers, entrepreneurs, families looking for a better. With an enjoyable weather and the green surroundings, it also attracts the retired professionals who prefer a peaceful yet fulfilling life. 

This explains why presently, Bengaluru’s real estate is booming. The demand for apartments, houses, and complexes has increased due to urbanisation and economic growth. Some people mistakenly think the market is overpriced and that future growth is limited. There is also a belief that most people buying property want to make a quick profit instead of actually wanting to live there. These misconceptions have discouraged potential investors from making intelligent investments in luxury, mid-range, and affordable housing properties.

This article addresses the misconceptions regarding buying a property in Bangalore and offers correct details so investors can make the right choices.

Myth 1: Bengalurus’ Real Estate Market is Overpriced

Myth: Prices are too high, and the market is due for a correction.

Fact: The common misconception among housebuyers is that Bengaluru’s real estate market is overpriced and will soon experience a downturn. If this was true, there would not have been a consistent demand, particularly in areas such as Rajajinagar, Jayanagar, Vasanth Nagar, and Whitefield. These locations are some of the hotspots of Bengaluru as these locations are well connected and has facilities like the metro and city bus and proximity to other areas. The residents can also enjoy accessibility to reputed schools, good hospitals, shopping malls, supermarkets, parks, recreational centres, and fitness clubs. 

The limited availability of land and flats/houses in these prime locations has pushed the prices upward. Since there are a lot of opportunities and possibilities for the city to be more developed and house many, it continues to grow, and with it, the value of properties increases, which makes the market stable. For investors considering long-term gains or planning to own a house, real estate investment in Bengaluru could be an opportunity, not a risk.

Myth 2: Renting is Better than Buying in Bangalore

Myth: Renting is more cost-effective than buying a property.

Fact: Renting is a good start if you are new to Bengaluru with a modern take on life. You can take your time to adjust to the rhythm of the place before owning a property. But once you have decided to live here or understood how to go about this place, you can own a property as it is advantageous in the long run. You can own a home, which gives you the lifestyle you seek, the security to live and an opportunity to build equity over time. Luxury real estate properties in Bengaluru, like Phoenix Kessaku,  gives you the appreciation benefit that renting does not offer. 

Know that buying a property in Bengaluru is always a better choice than renting as it benefits you as valuable collateral if you seek a study loan or any other type of loan, making it easier to secure favourable terms and lower interest rates. Also, having your place gives you stability and peace of mind. You won’t have to worry about rent rising, and you can have more say in how you want to live. Plus, being a homeowner comes with tax benefits, like deductions on home loan interest and principal repayment. This could lead to a lot of savings compared to renting.

Myth 3: Real Estate Investment in Bengaluru is Risky

Myth: The real estate market is volatile and prone to crashes.

Fact: Many investors think it’s risky, but Bengaluru’s real estate market has actually been stable, even during COVID-19. The post-Covid recovery rates have been even higher. The market is growing at a rate of 10% per year. Over the next five years, it’s expected to keep growing at this rate. According to Business Standard, by 2030, luxury real estate investments in Bengaluru are predicted to yield up to 15-16% annual returns.

Bangalore’s real estate keeps growing steadily, even when the economy slows. If you still have doubts and prefer to lower the risk, choose a location that is a hotspot, a property that always keeps the attention of a buyer and a time that is ideal for investment.

In the next section, we’ll take a closer look at these factors to help you make smart decisions to fetch you long-term gains and lower risks in the Bengaluru real estate market.

Factors to Consider

Right Location

Locations like Rajajinagar, Sarjapur Road, Whitefield, Jayanagar(South Bengaluru), Vasanth Nagar, Electronic City, Kanakpura Road and North Bengaluru are among the top areas to buy a property in Bengaluru in 2025. 

Best Time to Invest

We are now at the best time to invest in the properties as the prices are rising by 10% every year, and in the next five years, it will be challenging to buy for a nominal cost, which is not the case in 2024. 

Other things to consider:

– Connectivity and accessibility

– Infrastructure and amenities

– Safety and security

– Lifestyle options and entertainment

– Proximity to work and educational institutions

Conclusion

Buying property in Bengaluru is more than just a financial move—it’s about securing a stable and promising future. Despite the myths and misunderstandings, the city’s real estate market is rich with opportunities for experienced investors and first-time buyers. Always research and consider factors like location, property type, and timing to make an informed decision.
Among the many premium flats in Bengaluru, the Kessaku apartments are the closest to the metro station. Top-tier schools and hospitals are very close to the area, and entertainment malls like Orion are very close. To enjoy further, this tallest apartment in Bengaluru has an unmatchable view and many clubhouses with amenities like a poolside restaurant, saloon, gym, reading room, swimming pool, party hall and more, making your time in Bengaluru luxurious.

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