If you’ve been watching Bengaluru’s property market lately, you probably noticed something interesting happening. The East side of the city, which was once the place everyone wanted to buy in, isn’t quite the hotspot it used to be. Meanwhile, up north, there’s a fresh buzz that’s catching the attention of investors. So, if you own property in the East or are thinking about where to put your money next, here’s the lowdown.
Areas like Whitefield, Marathahalli, and KR Puram have been favorites for a long time mostly because they’re close to big IT hubs, malls, good schools, and all the stuff families want. Over the years, these neighborhoods have seen big price jumps and a steady stream of renters.
But lately? Things have settled down. Prices aren’t shooting up like before, and rental returns are more predictable. Plus, there’s a new rule in Karnataka a small tax on new multi-story buildings which means developers might raise prices to cover their costs.
If you’re sitting on property in these parts, it might be a smart move to sell now. The market’s not crashing or anything, but it’s definitely not heating up either. Better to catch the wave before it flattens.
Why North Bengaluru Is Getting Hotter
Now, here’s the exciting part. North Bengaluru places like Hebbal, Yelahanka, and Devanahalli are growing fast. The big reason? The airport’s expansion and new roads are making this area more accessible and attractive.
Imagine your daily commute shrinking thanks to new ring roads and a suburban train in the works. Sounds great, right? Plus, there’s a push for green buildings and integrated townships. So you’re not just buying a house; you’re getting a whole lifestyle.
Prices in some northern pockets have already gone up by 20-30% in the last year. Renters and buyers both want in, and it feels like this area still has a lot of room to grow.
If you own something in the East, think about selling. Lock in those gains before the market cools down more. If you’re looking to buy, the North has better potential for growth and good returns on your investment.
Of course, don’t just jump in blindly. Check the developer’s history, look at legal paperwork carefully, and consider the neighborhood’s future plans. Real estate isn’t a quick flip game it’s about patience and making informed choices.
Conclusion
Bengaluru’s real estate scene is shifting. The East side has been solid for years but is now more steady than exciting. The North is where fresh opportunities are popping up, thanks to infrastructure and new developments.
If you ask me, it’s a classic case of “sell when the market’s good” in the East and “buy where the future is” in the North. Simple as that.