Is buying an apartment a good investment in Bangalore?

 

Photo by Yash Parashar on Unsplash

Bengaluru real estate: The ideal buyer’s market

Famously known as the ‘Silicon Valley of India’, Bengaluru (Bangalore) is not just a tech hub, but also a thriving metropolis that blends innovation with tradition.

Over the years, the city has grown exponentially, attracting professionals, entrepreneurs, and investors across India. This rapid development, coupled with its robust infrastructure and vibrant lifestyle, has made it one of the most sought-after destinations for real estate investment in the country.

Here are a few reasons why you too should consider buying a home in the city:

Advantageous location:

Strategically located in the heart of South India, Bengaluru enjoys connectivity with major Indian cities and acts as a gateway to prominent southern cities like Chennai, Hyderabad, Kochi, etc.

via road, rail, and air networks. The city’s relatively high altitude ensures pleasant weather conditions throughout the year.

Its proximity to key industrial corridors and its role as a significant IT and startup hub further enhance its appeal in the real estate market.

High rental yields:

Bengaluru’s industrial and IT sectors attract scores of professionals and students, driving constant demand for rental properties.

The presence of reputed tech giants and the booming startup ecosystem in the city ensures a steady influx of high-paying tenants.

Bengaluru offers some of the highest rental yields in the country, driven by the property’s proximity to major tech parks and robust social infrastructure.

This makes the city a highly lucrative market for homeowners seeking to maximise their returns.

Expanding infrastructure:

Bengaluru’s rapidly expanding infrastructure is another key factor driving its real estate market.

Significant infrastructural mega-projects, such as the expansion of Namma Metro, Peripheral Ring Road project, elevated corridors, and Satellite Town Ring Road project have been proposed to optimise inter and intracity travel.

This, along with smart city initiatives and prominent public and social amenities ensure a vibrant and well-balanced lifestyle for the residents, while also adding value to the city’s real estate.

Favourable market conditions:

The city’s real estate market is poised to be a profitable venture, supported by strong demand, steady price appreciation rates, and favourable economic conditions.

Bengaluru offers a range of investment options, from affordable housing to luxurious residences suitable for various budgets and needs.

Government initiatives like reduced stamp duties relaxed FDI norms, and infrastructural proposals add value to the market. All these factors combine to form an ideal environment for real estate investment with attractive returns.

So, tap into Bengaluru’s real estate potential with Parkwest 2.0 by Shapoorji Pallonji Real Estate (SPRE).

Located in Binnypet, this landmark development is spread over ∼46 acres with ∼75% open spaces and world-class amenities, offering luxurious 2 and 3 BHK residences in the heart of Bengaluru.

With excellent connectivity and urban conveniences in the lap of nature, enjoy the best of both worlds with SPRE. Experience an elevated lifestyle with their newly launched Tower Sequoia, at Parkwest 2.0.

To know more about their 2 and 3 BHK residences, click here — https://shapoorjirealestate.com/residential/parkwest-20/

Why must NRIs consider Pune for investment?

 

Pune: The NRI guide to the perfect realty investment

As one of India’s most dynamic and rapidly developing cities, Pune has emerged as a real estate hotspot, especially among Non-Resident Indians (NRIs).

The city’s cultural and economic context, favourable market conditions, and supportive legal and management frameworks have made it a prime destination for NRI investment.

With the ever-appreciating dollar, here are a few reasons why NRIs should consider using their disposable income in this lucrative market:

Strategic location:

As a key economic node close to Mumbai and connected to major Indian cities, Pune’s location significantly enhances its real estate appeal.

It enjoys excellent connectivity via road, rail, and air, with easy access to other important industrial, commercial, and IT hubs.

Its booming job market, rich cultural heritage, and proximity to popular tourist attractions ensure a well-balanced lifestyle for its residents.

Promising rental yields:

Being an educational, IT, and industrial hub, Pune attracts scores of migrants seeking educational and employment opportunities.

Often dubbed the ‘Oxford of the East’, Pune is home to several prominent academic institutions such as Pune University, Symbiosis International University, and National Institute of Technology.

It is also one of India’s largest automobile manufacturing and IT hubs, housing reputed companies like Infosys, Wipro, Accenture, etc.

These factors have helped establish Pune as a sizable rental market, with rising demands and appreciating prices.

Expanding infrastructure:

Another significant driving force behind Pune’s booming real estate market is its rapid infrastructural development, including large-scale public transport projects like the Pune Metro, the proposed Ring Road project, and the expansion of Pune International Airport.

These projects will increase inter and intra-city mobility, making the city and its suburbs easily accessible. They also increase demand and price appreciation in the real estate sector, making it a lucrative investment opportunity.

NRI-friendly frameworks:

One of the factors discouraging NRIs from investing in the Indian real estate market is their inability to be involved in the buying and property management process firsthand.

However, with Pune’s NRI-friendly tailored property management networks, they can rest assured that all their headaches will be swiftly and efficiently resolved.

Since the RERA Act of 2016, the real estate market has evolved into a transparent and investor-friendly environment, with a supportive legal framework that safeguards their interests.

These factors, along with the city’s affordable and appreciating property rates make it a profitable investment for NRIs.

Attractive properties in Pune:

So, unlock Pune’s real estate potential with Joyville Homes! Their strategically placed and highly sought-after homes offer elegant living experiences with excellent connectivity, holistic living, and world-class amenities.

Explore their affordable 2 and 3 BHK homes in Hadapsar at Joyville Hadapsar Annexe and Joyville Celestia; or know more about their premium 3 BHK Duplexes with family rooms at Joyville Sky-Luxe Edition.

Enjoy the best of both worlds in spacious but affordable 2 and 3 BHK flats in Hinjawadi, at Joyville Sensorium, nestled on the banks of the Mula River.

To learn more about Joville Homes properties in Pune, click here — https://www.joyvillehomes.com/

Mutual funds vs real estate: The prudent investment option

 

When it comes to investing for the future, there are a plethora of options available. While all options help you to realise substantial tangible results, the choice of investment vehicle greatly influences your earning potential for the future.

Most strategic investment decisions rely on certain key factors namely: Investment capacity, investment horizon, investment objective, risk-bearing capacity etc. to name a few. However, the two investment options that are commonly considered are real estate and mutual funds.

Both these avenues bring their own set of benefits and risks that encourage or deter an investor from investing their funds in them.

Here are some key factors that you should consider when choosing between these investment options:

1. Security and stability: If you have a low risk-bearing capacity, you would be better suited to invest in real estate markets as they are a stable investment when it comes to building wealth. Positive trends expected in the real estate market can help provide more stable returns in the future as compared to the volatility of mutual funds.
2. Capital appreciation: Investments in real estate have a demonstrated history of providing appreciation over time. This is because as new projects are announced, they attract developments around them that boost the value of the property where they are built. Real estate also offers investors the opportunity to improve the resale value of their properties by enhancing the property with furnishings and modifications, or by renting out their properties. This provides a better wealth-building option through real estate.
3. Control over investment: While purchasing a property with an investment objective, an investor can exercise greater control over the kind of returns they are expecting by carefully choosing the real estate property based on location, facilities, amenities, resale value of property and other factors. However, in the case of mutual fund investments, the investments are controlled entirely by the fund managers who invest with specific objectives in mind. This option of investing therefore offers lesser flexibility and control.
4. Liquidity and flexibility: Both investment options vary in liquidity, as mutual funds are highly liquid thereby allowing investors to purchase and sell shares at market price. Real estate is often less liquid since selling property can take time and entails transaction expenses and market swings.

Additionally, real estate is a less flexible investment option as it requires hands-on management to deal with regular maintenance.

While making investment decisions involves a certain degree of financial acumen and risk-bearing capacity, getting started with investments is fairly straightforward once you are equipped with the right resources.

Joyville Homes has developed a variety of affordable homes that serve as a smart investment option for those looking to explore investment options in the real estate sector.

Visit www.joyvillehomes.com for more information.

Originally Published at - https://industryupdates.medium.com/mutual-funds-vs-real-estate-the-prudent-investment-option-b353e28e52d4

Posh Localities in Pune to Invest in 2023

 

Pune, a vibrant city in Maharashtra, India, has become a hotspot for those seeking a blend of urban sophistication and a high quality of life. As the city continues to expand and thrive, it offers an array of posh residential areas that cater to the discerning tastes of individuals who desire luxurious living spaces, top-notch amenities, and a thriving social scene.

We will delve into Pune’s most sought-after posh areas, where residents can relish the epitome of opulence. From upscale neighbourhoods that exude elegance to well-planned localities boasting modern infrastructure, Pune presents many options for those seeking a lavish lifestyle.

• Koregaon Park: Koregaon Park is one of the most prestigious neighbourhoods in Pune. It is known for its lush greenery, wide roads, and high-end residential complexes. The area is home to luxury apartments, bungalows, and villas. Koregaon Park also offers a vibrant social scene with trendy cafes, restaurants, and boutiques.

• Boat Club Road: Boat Club Road, located in the heart of Pune, is another affluent area known for its upscale residences. It offers a serene environment with well-maintained parks and proximity to the Mula-Mutha River. You can find many luxurious apartments, high-end villas, and prestigious clubs in this area.

• Kalyani Nagar: Kalyani Nagar is a prime residential area in Pune known for its modern infrastructure and cosmopolitan lifestyle. It has luxurious residential complexes, commercial establishments, and entertainment options. Kalyani Nagar offers easy access to the airport, railway station, and top IT parks.

• Aundh: Aundh is a well-established residential and commercial area in Pune. It is known for its well-planned infrastructure, quality educational institutions, and upscale residential projects. Aundh offers a range of amenities like shopping malls, restaurants, and recreational facilities.

• Hadapsar: Hadapsar is an increasingly popular residential area in Pune, known for its rapid development and proximity to the city’s IT hubs. It offers a mix of luxury apartments, villas, and gated communities. Hadapsar also benefits from good connectivity to other parts of the city through well-connected roads and public transportation. The area has a range of amenities like shopping malls, schools, hospitals, and recreational facilities.

• Bavdhan: Bavdhan is an affluent suburb in the western part of Pune. It has gained popularity among homebuyers due to its scenic surroundings, serene environment, and proximity to the Mumbai-Pune Expressway. Bavdhan offers a mix of luxury apartments, villas, and row houses. The area is known for its well-planned infrastructure, lush greenery, and recreational spaces. It has easy access to educational institutions, hospitals, and shopping centres.

Shapoorji Pallonji Real Estate, the creators of global iconic landmarks for over 155 years offer premium residential spaces in Pune at Hadapsar and Bavdhan. They include Vanaha, Vanaha Springs, SP Residency, Joyville Hadapsar Annexe, Joyville Hinjawadi, Joyville Sensorium, and Joyville Sky-luxe Hadapsar. To know more about these projects, amenities and prices, visit — https://shapoorjirealestate.com

Originally published at http://realestateandepc.wordpress.com on May 23, 2023.

Top Reasons to Invest in Mahalakshmi, Mumbai

 

Investment in real estate has always been a solid strategy to build wealth and ensure long-term financial stability. Mahalakshmi stands out as a desirable location for real estate investors in Mumbai. Mahalakshmi offers a variety of opportunities for individuals looking to engage in the real estate industry because of its advantageous location, well-developed infrastructure, and optimistic growth prospects.

A potential possibility for anyone looking to increase their fortune in one of India’s booming real estate sectors is investing in Mahalakshmi. Mahalakshmi, a neighbourhood in South Mumbai, is well known for its enviable location and high-end amenities. The region is home to well-known apartment complexes, opulent commercial projects, and notable landmarks, including the Mahalakshmi Racecourse. 

Let’s explore why you should consider investing in real estate at Mahalakshmi in 2023.

1. Excellent proximity and connectivity

Mahalakshmi’s proximity to important business centres and connectivity draws a continuous stream of affluent households and corporate professionals. It is a sought-after area for employed workers and entrepreneurs since it is close to business centres in Lower Parel, Worli, and other regions of Mumbai. 

Mahalakshmi has excellent access to the rest of Mumbai via the monorail line, the train and the roads. The Bandra-Worli Sea Link, Lalbaug Flyover, the Elphinstone Flyover, and the Eastern Freeway provide easy access to the rest of Mumbai. Additionally, the construction of the upcoming metro line will undoubtedly simplify transportation. From Mahalakshmi, both domestic and international airports are easily accessible.

2. Luxury residential offerings and demand

Mahalakshmi is one of Mumbai’s most luxurious residential landmarks, with renowned developers building stunning and opulent homes here. The Minerva, one of many prestigious residential developments in Mahalakshmi, is Mumbai’s tallest residential tower. Other residential developments include Ahuja Towers, Raheja Universal, Kalpataru Avana, Piramal Mahalakshmi, Lodha The Park, and Lodha Bellissimo.

Due to the region’s historical, cultural, and geopolitical importance, it is one of the most sought-after residential areas for wealthy homebuyers. The neighbourhood has relatively little potential for new project development. Therefore, the demand for housing in this area continues to rise yearly. As a result, real estate has appreciated significantly during the past few years.

3. Historical, cultural and social attractions

The region of Mahalakshmi has a rich historical and cultural legacy. Near Mahalakshmi are some famed historical, artistic, and scientific sites. They include the Dr Bhau Daji Lad Museum, Holy Name Cathedral, St. Thomas’ Cathedral, Nehru Planetarium, Haji Ali Dargah, Worli Fort, and the National Museum of Indian Cinema.

The Jio World Drive, Jio Gardens, Nita Ambani Cultural Centre, The Cooperage, Wankhede Stadium, Brabourne Stadium, High Street Phoenix, National Centre for Performing Arts, and Royal Opera House, among others, are just a few of the well-known sporting and entertainment venues that are close to the neighbourhood. 

These give locals countless opportunities to learn about the city’s history, religious variety, and aesthetic expressions while also providing a window into the present.

Due to these reasons, Mahalakshmi is a dream destination for homebuyers because it offers unmatched living experiences in a place that is a dream for everyone.

This is an opportunity to live above and beyond, to embrace a life of extravagance at the Vantage Series at the Minerva. Don’t miss your chance to seize the dream and elevate your lifestyle. Experience the pinnacle of luxury living and discover a world of endless possibilities at the Shapoorji Pallonji Vantage Series at the Minerva in Mahalakshmi, Mumbai.

Shapoorji Pallonji Vantage Series at the Minerva in Mahalakshmi

Originally published at http://realestateandepc.wordpress.com on May 11, 2023.