Bangalore has a potential for high growth in the next 10 years, with many new commercial projects, and residential projects, and IT parks. Bangalore is expected to rank among India's leading cities in technology and sustainable urban planning.

The factors that contribute to the real estate growth in Bangalore are as follows,

Ongoing Infrastructure

There will be rapid growth in real estate due to the good access to the upcoming roads, including the Satellite Town Ring Road. The expansion of the Orange Line and Pink Line of the metro will pave the way for the quick growth of Bangalore.

Emerging Real Estate Market

Bangalore has a growing real estate market where reputed builders are building many quality projects to meet the real estate demands. The average price per sq ft in Bangalore has risen by 80% in the past year. Rental returns are also increasing every year by up to 5%.

IT Boom

The IT coom resulted in a quick increase in property prices in Bangalore as a lot of people moved to the city. To meet the real estate demands, prices started to increase. The IT boom will continue for the next 10 years. So, it will result in the appreciation of rates very quickly.

Growing Social Infrastructure

Bangalore has the best schools, colleges, malls, and shopping areas. The infrastructure will continue to grow, and it will be the best city for education and entertainment. The weather is also pleasant, which attracts a lot of people here. All these would result in the development of the city further.

All these factors show that Bangalore will have good growth potential. It is the best time to invest in real estate properties, as buyers can get good ROI in the next 10 years. To meet the demands of housing sector, reputed builders have started noteworthy projects in the city's best locations.

Birla Estates has launched a luxury apartment project on Sarjapur Road, Birla Evara. It offers spacious 1, 2, 3, 3.5, and 4BHK apartments spread over 25 acres of land. The size of the apartment ranges from 449 sq. ft to 1630 sq. ft. Birla Evara will surely promise good ROI in future, and it is a sought-after choice for all buyers.