Over the last few decades, Bangalore has clocked robust growth rate. IT has played a pivotal role and is one of the primary reasons for swift real estate development. For instance, Bengaluru has good educational institutions, good social infrastructure, and physical infrastructure. There are promising residential properties in Bangalore: Outer Ring road, Sarjapur road, Whitefield and North Bangalore.
That said, we have highlighted the top reasons for owning a villa in Bangalore.
Reasons for owning a villa in Bangalore
Own your villa in Bangalore – experience luxury, class and grandeur
Villas in Bangalore are symbols of fine luxury and grandeur. With the rise in purchasing power among the working population, there is a steady increase in demand for villas. A well maintained villa having four to five bedrooms, and modern day comforts is always high in demand. There is increased demand in Bangalore for villas due to good economic growth rate and exponential property appreciation.
People focused with exceptional amenities
All luxury villa gated communities in north Bangalore offer premium amenities, such as clubhouse, swimming pool, a/c gyms, kids play area, entertainment room, sports arenas, etc., along with security services. All communities have an inclusive culture and celebrate important festivals highlighting the diversity and harmony cutting across religions and geographies.
High Return on Investment
Real Estate investment offers a high return on investment (ROI). Owning a villa in a gated community is a dream for many but certain things, such as rental value in the area, land area, etc., are to be thoroughly considered before you give a nod to the project. Land value appreciates anyway, but the villa as a whole will fetch you high returns if it is well built and maintained. Look at the builders’ reputation, credentials, and past projects history thoroughly before you sign the agreement.
Gone are the days when villas were built only in the outskirts of the city, but at present, due to rising demand, villa communities have been developed in the prime locations. Areas such as Outer Ring road, Sarjapur road, Whitefield and North Bangalore will fetch you good returns in future. Their proximity to the necessities such as schools, colleges, hospitals, shopping malls, multiplexes, etc., not only saves time, but also contributes in leading a comfortable life. These might have already been on your list but recheck once again.
Design is of paramount importance for a house. Despite the design and construction of the interiors in a villa, elevation is a foremost important thing to be considered when buying a luxury villa. Typically, a luxurious villa will be a 4-5 BHK with a home theater, sit-out, lawn, servant room and kennel for pets. As a prospective buyer and an investor, you must look for these features when shortlisting a villa. You can make any modifications in the exteriors and interiors once you buy it, but the things listed above are prerequisites.
Generally, gated villa communities offer round the clock security services with the use of modern and latest technology equipment such as CCTV cameras, automatic gates & bio-metric machines, etc. Depending on the locality and the community, suitable security features need to be incorporated. Look out for all the security features offered by the community rather than just signing the agreement with half-baked knowledge. Safety must be the top priority.