How to Choose a Property for Investment?
Property is one of the vital investment tools, and if chosen wisely, it can yield good returns or be well self-utilised. If given a choice, people prefer to invest in properties as there are a no. of benefits here. Many people are investing in properties today, and the real estate developers, banks and financial institutions also offer lucrative deals today that make it easy for people to invest. From a variety of options in commercial and residential spaces in the urban sector, one can invest as per their needs and fancies. The choice of property is ample today as builders are conceptualising and developing excellent commercial and residential projects perfectly in line with the customer's tastes.
It is imperative to figure out how to choose a property for investment. There are a few factors one should indeed consider before investing in a property.
Reason for purchase: Depending on the basis for the purchase of a property, one can choose it accordingly. Reasons can be for self-use, rent out, or pure investment purposes. People generally choose a property with great care if it is for self-use. Rental properties are typically bought near those areas where there is a high density of students and professionals who migrate from other places. Pure investment properties are those which will yield high returns on resale.
Property development stage: It also depends on the criteria of the investor, what is the best stage of property development one intends to put the money in - prelaunch, new launch, under construction or ready projects. However, for plots, one can buy these instantly.
Property segment: There are multiple segments where one invests in properties considering the quantum of risks the investor can take plus the budget. Options in residential and commercial (retail, office, industrial, hospitality etc.) spaces galore today everywhere.
Location of the property: Right location is essential for any property to be lucrative. Proper physical, social and retail infra, safety and security, and public commutation options are a few factors which should be borne in mind before investing.
Price of the property: Buying a property at the right price is crucial as one has to ensure that eventually, there has to be an appreciation of the capital. A highly priced property has hardly any scope for any capital return.
Credibility of the developer: A reputed developer is a crucial criterion for any project, else there could be no. of hurdles and disappointments an investor may need to undergo, including substantial financial losses.
Project type: There are a lot of options in projects - townships, complexes, projects with fantastic amenities and facilities within the premises etc. are available for an investor to choose from.
Bangalore, the IT mega city of the country, is also the hub of real estate activity. Being a land of opportunities, this metropolis offers abundant job, and business prospects, a cosmopolitan lifestyle, high-tech infra, and brilliant residential options attract people to this city to enhance their living. Real estate, be it commercial or residential, is in high demand here, and the builders are relentlessly delivering outstanding projects across the city perfectly in sync with the customers' tastes and appetites.
The renowned realtor of South India, Prestige Group, known for developing brilliant projects in various segments for decades, is launching another residential splendour, Prestige Park Grove, in one of the prime locations of Bangalore. It will be one of the properties worth investing in since it will primarily fulfil all the investment criteria one desires from a residential property, as proven by the previous and ongoing Prestige projects!
Prestige Park Grove
Yes !! The largest project, Prestige Park Grove is being developed by the renowned Prestige Group. A futuristic new residential development by Prestige Group is called Prestige Park Grove. The project spans an area of 80 acres. There are 1, 2, and 3 BHK apartments and 3, 4 BHK villas in the habitat. Prestige Park Grove Location, which is in Whitefield, is essential to luxurious living. The endeavour redefines luxury and comfort. Homes are roomy and bright, and the apartment sizes range from 600 to 1800 square feet. The Vaastu precepts guarantee proper atmosphere and ventilation. Thanks to careful planning and drafting.
Wide streets and walking paths make up the well-designed layout of Park Grove. Sizable green spaces enclose housing towers. The outline must include things like gardens, parks, and tree linings. Luxurious landscapes and courtyards have been carefully curated for the open areas, and the RERA Board has not yet approved the project. East Bangalore's Whitefield is a well-liked neighbourhood. Top IT companies and Tech Parks are nearby Park Grove. The project site is also close to prestigious schools and hospitals.
Whitefield continues to have good connections to vital business areas. The distance from the region's centre to Bangalore is only 20 km. A well-known real estate company operating in India is called Prestige Group. Major cities' landmark construction projects have elegantly shaped their skylines. A significant influx of new residents resulted from this. The country's IT-boom signalled Whitefield's expansion. In the late 1990s, a small community outside Bangalore became a vital suburb. The transformation of this area started with structuring the International Tech Park. Large multinational corporations moved to Whitefield, including Wipro, TCS, and SAP. Check Prestige Park Grove Price
Every significant real estate developer has established projects there. There are several new projects initiated and planned for release. The area's physical infrastructure is expanding and will do so over time. Hospitals, schools, and shopping centres are all developing the social infrastructure in the region.
Prestige Lavender Fields
Prestige Lavender Fields is an upcoming luxurious apartment project in Bangalore that provides premium homes for all classes. Prestige Lavender Fields offers grandeur abodes carefully crafted to suit the needs of families, with maximum sunlight and natural air. The houses are built with impressive designs and intelligent architecture, proving to be one of Bangalore's most desired upcoming residential destinations. Prestige Lavender Fields will be sprawled across vast acres of land with lush greenery and beautiful landscapes. The project offers well-constructed apartments across magnificent high-rise towers, embracing a lot of gardens. Each building will have basement parking for residents, and there will be enough space between the towers. There are beautiful parks, pedestrian pathways, and visitor parking. Each home is Vaastu compliant and brilliantly planned, built in line with innovative methods and future trends.
Time and again, Bangalore is the best residential city in India, with excellent residential options. Prestige Lavender Fields will be located in the prime residential hotspots in the town with excellent accessibility to all the necessary facilities. The project location will be near prominent educational institutions, health care facilities, commercial industries, IT hubs and retail elements, making it one of the most suitable and satisfying stays. Bangalore is the hot favourite city among IT and working professionals for its vibrant culture. The town has lots to give the residents a pleasant climate, entertainment zones, good work, and a convenient lifestyle. Because of all these factors, the city has witnessed tremendous growth with superior social and physical infrastructure facilities.
Prestige ELM Park
Prestige ELM Park is the luxury pre-launch apartment development located at Channasandra, Whitefield. The project is nothing but a quality masterpiece offering 1 BHK, 2 BHK, & 3 BHK Apartments, loaded with all amenities and facilities. Prestige ELM Park's earthquake-resistant design and structure make it the most trustworthy development of Prestige Group. It is a mix of High Rise that fit entirely with the green surrounding with best-in-class amenities, including a magnificent Clubhouse, Amphitheater, Skating Rink, Exercise station, Badminton Court, Basket Ball Practice Court, and Convenient Shopping. The project is a replica of lavish living that anyone would have dreamt of, with a pleasant view of the landscape and abundant green surroundings.
East Bangalore has undergone a powerful changeover in Bangalore due to its super infrastructure developments and social establishments in the vicinity. The region has noticed tremendous connectivity growth, emerging as one of Bangalore’s most desirable residential places. The region witnesses’ the majority of IT companies situated on Outer Ring Road (ORR), Whitefield, ITPL and Electronic City with extended campuses. The signal-free outer ring road stretch from silk board junction to Hebbal, Electronic City and Whitefield is a central high point in the Eastern sector. The locality consists of many flyovers and underpasses, making it a blessing to all the working professionals surrounding this area. With a futuristic dream to be a part of the locality that will be the best new residential hub of Bangalore, Whitefield is emerging as a winner with attractive developments and extensive residential projects.
Prestige Serenity Shores
Prestige Serenity Shores is a new-launch futuristic residential apartment grouping within Prestige Lakeside Habitat located on Whitefield Varthur Road. The development offers 1 BHK, 2 BHK, 3 BHK, and 4 BHK premium apartments in sizes varying between 905 Sqft and 2882 Sqft. The outcome is spread across almost 102 acres, and the abodes are Vaastu compliant, absolutely ventilated, and abundantly lit apartments with world-class amenities and facilities. There is a stunning Clubhouse with amenities like Cycle Trails, Pet Park, Jogging Track, Water Sports, Therapeutic Gardens, Squash Court, Tennis Court and pool area. Prestige Serenity Shores as the name indicates provides utmost serenity and peaceful atmosphere to the residents with lush greenery, scenic landscapes and gardens.
East Bangalore has witnessed significant growth in the past few years due to the developments of IT parks, commercial industries, government projects, and social infrastructure developments around the vicinity. Many potential home buyers are targeting this region for investment owing to its rapid growth and future needs. Most industries have chosen this region as their base giving a prospective purpose in uplifting the market value. This region owns most of the IT sector with massive IT parks in Whitefield, Bellandur, Marathahalli and Outer Ring road-Sarjapur road. Multiple companies are part of these IT parks giving career prospects to many people, thereby increasing the need for residential developments and infrastructure growth around work locations. Prestige Serenity Shores is placed close to Railway Stations, BMTC bus facilities, Cab Services, and private travels are all efficiently functioning in this locale to supply smooth, hassle-free commute to the residents.
Prestige Waterford
Prestige Waterford is among the most modern and lavish residential development by Prestige Group, situated on ECC Road, Whitefield. It is among the most sorted luxury gated communities that offer elegant homes with 3 BHK and 4 BHK configurations. The project is reclined across a land parcel of 16.6 acres comprising 689 units. It is a delectable community of apartment homes suiting every family's needs for convenient living. The apartments are Vaastu compliant and are designed to take care of privacy and clever use of space. Prestige Waterford offers 20+ amenities, including Gymnasium, Swimming pool, Children's play area, Clubhouse, Amphitheatre, Tennis Court, 24/7 security, and many more. It allows residents to indulge in leisure with a wide range of luxury recreational amenities.
Prestige Waterford is among the most anticipated residential outcomes in East Bangalore by Prestige Groups, which is situated in Whitefield. The project lounges across 17 acres of land parcel in one of the most push locales of Bangalore. Prestige Waterford is located in the city's eastern part, which is among the principal localities for real estate acquisitions in the recent market trend. Due to the inception of IT hubs and major tech parks in the vicinity, Whitefield showcases to be a reliable area which aims at providing maximum return on investments for home buyers. Whitefield is connected to the city with major road networks via Outer Ring Road and Old Madras Road. With the future coming phase 2 development of the Namma Metro purple line, the residents of Whitefield will enjoy superior accessibility to all the regions of Bangalore. There can be no other reason for an investor to think about choosing a different locality over Whitefield with all these top-notch developments. Whitefield is the investor's favourite zone promising profitable returns with the best infrastructure.
The Prestige City
The Prestige City is planned to cover 100 acres and contain 6000+ apartments. Magnificent villas with a G+1 structure can be found on this property. There are over 140 three- and four-bedroom villas on the property with luxurious mansions in Prestige City. We have a private garden. The property's Prestige Great Acres Cluster contains more than 808 plots.
Prestige City's infrastructure is good and has lots of amenities. Numerous amenities in The Prestige City give us access to a high standard of living, mental tranquillity, happiness, and a fun-filled existence. We also savour the township's beauty, including low- and high-rise structures.
Prestige Green Gables
Prestige Green Cables is a lavish pre-launch apartment development in Panathur, East Bangalore. It is the newest residential address for the home seekers comprising construction apartments with 406 units, and the homes are spread across four towers with 12 high-rise floors sprawled across 5 acres. Prestige Green Cables offers 1 BHK, 2 BHK and 3 BHK homes varying in size from 661 sq.ft.to 947 sq. ft. The development is an elegant marvel coming up in Panathur, particularly for those dreaming of an unprecedented change in their lifestyle. It is a futuristically styled project pointing towards the idea of inventing a next-gen home for an individual who yearns for a high-class living. The project hosts a wide range of amenities like a magnificent clubhouse with separate units for Health Club, Swimming, Gymnasium, Yoga/Aerobics, Volleyball, Basketball, Cricket Pitches, Tennis courts, Outdoor Gym, Skating Rink and Banquet Hall, etc.
The project is in the most rapidly growing areas of East Bangalore, Panathur. The apartment is placed along the habitual IT corridor of Outer Ring Road, linking Marathahalli to Sarjapur. Adjoined by Marathahalli and Bellandur, this locality is also easily accessible from Whitefield, Indiranagar, Koramangala, and HSR layouts. It has excellent connectivity to these key city areas via Old Airport Road, Sarjapur Road, and the Outer Ring Road. This easy connectivity will be further augmentation with the development of phase 2A of the metro project that will link KR Puram to the Silk Board. Prestige Green Cables has swiftly grown to include all essential social and physical infrastructural frameworks within its ambit. The region is surrounded by many top schools, pre-schools, crèches, colleges, banks, shopping malls, hospitals, public parks, libraries, grocery marts and restaurants.
