
7 reasons to invest in Bellandur in 2024
Bellandur is a promising residential real estate destination that offers a strategic location, booming IT sector, social infrastructure affordable prices, upcoming metro connectivity, green spaces and lakes and safety and convenience.
Table of Contents
1. Strategic Location
2.Booming it sector
3.Social Infrastructure
4.Affordable Prices
5.Upcoming Metro Connectivity
6.Green Spaces and Lakes
7.Safety & Convenience
8.Conclusion
9.FAQS
Key Takeaways
- Bellandur is a promising residential real estate destination in Bangalore.
- The suburb’s strategic location, booming IT sector, social infrastructure, and affordable prices, upcoming metro connectivity, green spaces and lakes and safety and convenience make it an ideal location for investment.
- Investing in Bellandur offers high returns on investment and potential for high appreciation rates.
1.Strategic Location
Bellandur is on the Outer Ring Road (ORR), which connects to Whitefield and Silk Board. These are two important areas in Bangalore. Bellandur also links to Marathahalli and the Old Airport Road.
Some nearby railway stations are:
- Karmelaram, which is 5 km away via Doddakannelli - Kadubeesanahalli Road
- Bellandur Road
- Baiyyappanahalli
If you want to go to Kempegowda International Airport, it is about 49 km away via NH 44.
Bellandur has well-built roads and highways, so getting around is easy. You can also take BMTC buses to important places like: - Majestic
- Shanthi Nagar
- Whitefield
- KR Market
- Electronic City
- Kempegowda International Airport
2. Booming IT Sector
Bellandur is a suburb in Bangalore. It has many IT parks, such as Ecospace Business park Bellandur. Some big IT companies like Cisco, Wipro, SAP Labs, Intel, and AT&T are here. Bellandur is on the Outer Ring Road. This makes it easy to reach other important places in Bangalore, like Whitefield, ITPL, and Electronic City. Bellandur is also close to many Special Economic Zones (SEZs). This makes it a good place to invest in property. The IT growth in Bellandur has increased the property value.
3. Social Infrastructure
Bellandur is a suburb in Bangalore. It has many IT parks, malls, and other places to have fun. Some of the best schools here are Patel Public School and Green Dot Montessori. You can also find good hospitals like Sakra World Hospital and Columbia Asia Hospital. One of the most popular malls in Bellandur is Soul Space Spirit Centro Mall.
4. Affordable Prices
Bellandur is still considered to be one of the developing suburbs in Bangalore. The properties in this region are priced at low introductory prices, making it an ideal location for investment. The suburb’s high appreciation rates and potential for high returns make it a smart choice for investors.
Renting a place in Bellandur can cost you different amounts depending on the type and size. Here's a quick breakdown:
- For a 1 BHK flat, expect around ₹15,764 per month.
- If you're eyeing a 2 BHK, the average rent goes up to ₹42,839 monthly.
- A 3 BHK might set you back around ₹72,667 each month.
- Independent houses, on the other hand, have an average rent of ₹15,400 per month.
According to MagicBricks.com, the highest locality price is ₹12,968 per square foot, the average locality price is ₹10,057 per square foot, and the lowest locality price is ₹7,147 per square foot.
5. Upcoming Metro Connectivity
Looking ahead to better transportation, the upcoming Namma Metro Phase 2A (BlueLine) aims to make traveling between Silk Board and KR Puram much easier. This addition to the Namma Metro project will significantly improve getting around the Outer Ring Road (ORR) area with 13 new stations planned.
Bellandur is a key part of this plan, being one of the 13 important stations. The inclusion of Bellandur highlights its advantage in connectivity, making it a central hub that connects the area to different parts of the city. The new Metro station in Bellandur is expected to change daily commutes and make it much easier to get around.
Known as the ORR Metro Line or Blue Line, this extension is designed to make traveling smoother for everyone. Bellandur's station isn't just a single milestone; it's part of a bigger plan to make transferring between different Metro lines easy – one to the extended Purple Line at KR Puram and another to the proposed RV Road – Bommasandra line (Yellow Line) at Silk Board.
6. Green Spaces and Lakes
Bellandur is a suburb in Bangalore. It has grown fast, but it still has lakes and green spaces. One of them is Bellandur Lake. The lake has some problems, but it is important for the area. Bellandur has both urban development and greenery. This makes it a nice place to live and invest.
7.Safety & Convenience
Bellandur is a busy area with many ATMs, banks, and police stations. The road from Bellandur to Marathahalli is safe and convenient for everyone. It is also good for people who live with older family members, because they can easily find what they need. The people in this area enjoy celebrating different events and festivals. They have a friendly community in their residential complexes.
8. Conclusion
Bellandur is a good place to invest in. It shows how fast Bangalore is growing. It has a lot of business, better roads and transportation. If you want to invest in property, Bellandur is a smart choice because it has many good things.
9. Frequently Asked Questions
Q. What are the benefits of investing in Bellandur?
A. Bellandur is a great place to invest your money. It has a good location, a strong IT sector, and many social amenities. It also has low prices and high growth rates. You can get high returns if you invest in Bellandur.
Q. What is the strategic location of Bellandur?
A. Bellandur is located at the center of Whitefield and Silk Board, two of the leading localities in Bangalore. It is also well-connected to other major hubs of the city.
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FAQs
View all FAQsWhat is the application process like?
The application process is typically like a KYC process to get to know our customers.
What are the common lease terms?
The rental contract is for a standard of 11 months. However, you can choose how long you want to stay.
Can I renew my lease at the end of the term?
Yes, you have the option to renew your rental agreement whenever you wish to.
Is there any Commitment/Lock in period?
Lock in period is a commitment given by the tenants to us in order to avail free common area maintenance charge. Lock-in period should be a minimum of 6 months to avail free common area maintenance charge.
Can you renew or update only the lock in period?
No, once the contract is made you cannot update or change the lock-in period or any other terms.
Are they any hidden charges?
Being fair &transparent is our core value and we inform all our tenants about our terms &conditions in detail prior to the booking. There are no hidden charges or terms.
What is the difference between contract period and lock-in period?
Both aspects operate independently. Contract period is the 11 month legal term under which tenants will rent the flat with KOTS. Renewal of contracts is possible. On the other hand, the lock-in period refers to the duration for which the tenant commits to remain without terminating the contract, enabling them to take advantage of the free common area maintenance charges offered.
What happens if you terminate the contract (or) vacate the home during the Lock-In period ?
The common area maintenance charges offered will be reversed and you will be charged monthly common area maintenance charges for the entire stay duration.
Is there any notice period to terminate the contract?
Yes, the tenants have to serve 45 days notice period before they terminate the contract.
Are there any painting charges or move out charges?
Move out charges include painting charges to be paid (one time) by the Sub-Lessee in advance or in pre-paid manner at the time of booking the flat. If the rented flat is of Studio / 1BHK flat, painting charges are Rs 14,500 (Fourteen thousand five hundred.) and if the rented flat is a 2BHK flat, painting charges are Rs 19,500 (Nineteen thousand five hundred.).
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