Bangalore drawing NRI investors in real estate

A growing number of NRIs across the US prefer to invest in real estate back home due to a combination of factors. The capital appreciation in India, competitive local lending rates in the US, easing of investment norms by the government, repatriation facilities and availability of property management services are primarily instrumental in driving them to investing in real estate here.

Bangalore realty market more positive

With a new stable government looking to address some problems of the previous one, and with interest rates falling, Bangalore’s real estate market is looking more positive for buyers and investors than it has been in a while. Given that property prices here have been relatively stable in the past few years also makes it quite attractive.

Bangalore North connectivity pushing growth

Around two decades ago, if you happened to drive to Bangalore north, chances are you wouldn’t venture beyond R T Nagar, at most touching CBI and Gangenahalli, now Ganganagar. However, enhanced connectivity through the Outer Ring Road (ORR), the location of the international airport at Devanahalli with consequent boost to infrastructure by the Bruhat Bangalore Mahanagara Palike (BBMP) and the National Highways Authority of India (NHAI) has turned the north into a much sought-after destination for homeowners as well as investors.