Why You Should Invest in Brookefield, Bangalore? Top Reasons
Brookefield is one of the wealthiest areas of Bangalore. It is a neighbourhood in Bangalore with high real estate prices. As per a report, Brookefield is experiencing substantial growth in real estate value. Flat rates have shown an appreciation of 12.5% and 42.2% in the last 5 years, and a huge growth of 90.7% over a decade. The land rates have also seen a massive growth of 83.3%. These hikes are driven by strong infrastructure, good connectivity, and proximity to employment hubs.
The flat rates have seen sustainable upward growth due to the high demand for residential land. This place has also become a good real estate investment as it offers a large inventory of residential properties and good connectivity to the prime commercial areas like Whitefield and Marathahalli. Buying real estate property in Brookefield also benefits you with rental income that ranges between 10k to 80k approximately, which has also shown the upward appreciation of 3% per year. Many other reasons can give you the answer to why invest in Bookfield later in the article, so keep reading to know the key benefits of real estate investment in Brookefield.
Top Reasons Why You Should Invest In Brookefield, Bangalore
IT Hubs and Business Centers
Brookfield is a prominent area of IT hubs and business centers with top IT companies and centers that include key IT parks such as Manyata Tech Park, International Tech Park Limited (ITPL), and Divyashree Techno Park. Investing in the IT hubs of Bangalore increases the potential for investment gain. Buying property here opens the door to job opportunities, reduces commute time, and improves work-life balance. Also, provides you the rental income opportunities that range from 10k to 80k, depending on the property.
Growing Rental Demand
The need for a second income has increased the popularity of rental incomes, which can always help you grow financially. The growth of a commercial hub and good connectivity has increased the demand for rental property in Brookefield, Bangalore. And this has increased the rental price of properties in the area. In an approximate manner, the rent for a two-BHK flat averages around 18,000 to 25,000 per month. So, buying a property in Brookefield can start a guaranteed rental income for life along with the increase of property rates you own.
World-Class Infrastructure and Amenities
Another reason to invest in Brookefield is its world-class infrastructure and amenities. People always prefer to buy property in an area with good connectivity and social amenities to lead an easy life. Brookefield has developed strong connectivity, especially to the major commercial areas of Bangalore, Whitefield, and Marathalli. Also, it has well-established the social infrastructure with top schools, shopping malls, and multi-speciality hospitals. The roads and overbridges have shorter commute times, which has increased the demand for property here.
Educational Hub
Brookfield has emerged as the educational hub of Bangalore through a well-connected and amenity-rich environment for residents and students. It has top-rated schools and colleges in the area for the convenience of residents. The development of new educational centers has created job opportunities in the area. People who travel from far to work in these social amenities (schools, hospitals, and malls) also look for a rental property to live in, and this is also the key reason behind the increase in demand for real estate property here.
Reputable Builders and Quality Projects
Top builders have played a major role in the development of Brookefield. They have built high-quality office space in a strategic location to fulfill the needs of multinational companies here. With the development of the commercial area, they also focus on building a sustainable community and residential area, which has also increased the property value of Brookefield. Their high-quality and client-focused projects have attracted companies, residents, and migrants, which is also the reason behind the growth of this place.
Health Care Facilities
Healthcare is the topmost requirement of an individual, and to fulfill this requirement, Brookefield Development Management has constructed well-equipped, multi-speciality hospitals. These hospitals offer a wide range of health care services, including ICUs, birthing suites, and 24/7 ambulance services to help people in the area travel to any other place for medical care. These hospitals are well-maintained and are staffed with skilled doctors. Along with medical care, these hospitals also provide a well-stocked pharmacy to help people get medicines from one place.
Affordable Housing
Brookefield, Bangalore, has high-quality yet affordable housing that starts from ? 11,250/- sq.ft for flats, which is a genuine price range for living in a well-connected and vibrant place that has all the social amenities nearby to make your life easy. With residential flats, Brookefield also developed well-constructed PGs for students and working professionals. This area offers a variety of property types, including flats, villas, and builder floors.
Conclusion
Brookfield in Bangalore is one of the best places for long-term investment in real estate. It is a well-connected area with high-class residents and an IT hub. Its excellent connectivity to major IT locations (Whitefield and Marathahalli) attracts tech professionals seeking rental properties, which can help you generate a good rental income. Due to high demand, property rates are increasing by 12% every year, providing a strong rate of return on your long-term investment. The presence of major multinational companies and top-rated healthcare facilities has the potential to enhance property values in the future. In short, this area meets all the criteria that should be considered before investing in any property. We have made our best effort to explain why investing in Brookefield, Bangalore, can be beneficial for purchasing property there.
