If you’re looking for a plot for investment in Bangalore in 2024, now is the time to look at emerging neighbourhoods that promise high returns. In this blog, we’ll explore nine promising areas throughout the city that are currently attracting significant interest. These locations present ideal opportunities for securing top plots in Bangalore.
1. Mysore Road
Land Price: ₹4,500 to ₹6,500 per sq ft
Why Invest: Mysore Road is fast emerging as a real estate hotspot due to its strategic location and improved connectivity. The upcoming Namma Metro extension and the Bangalore-Mysore Infrastructure Corridor (BMIC) are game-changers that will significantly enhance accessibility to this area. Mysore Road also offers a mix of residential and commercial plots, making it versatile for investment. The region is witnessing rapid growth in social infrastructure with new educational institutions, hospitals, and shopping centres coming up. These developments make it a prime choice for emerging plots in Bangalore and promise significant long-term returns.
2. Hoskote
Land Price: ₹2,500 to ₹4,000 per sq ft
Why Invest: Located on the Bangalore-Chennai highway, Hoskote is transforming into a major residential and industrial hub. The area’s proximity to the city and the availability of large land parcels make it a top choice for investors. With the upcoming Nandagudi SEZ and several industrial parks, Hoskote is poised to become a significant employment centre, boosting demand for residential plots. The infrastructure development, including the Peripheral Ring Road, will further increase its connectivity, making it one of the best options for a plot for investment in Bangalore in 2024.
3. Devanahalli
Land Price: ₹4,900 to Rs.7000 per sft
Why Invest: Devanahalli, known for its proximity to the Kempegowda International Airport, is a rapidly growing area with immense potential. The Bangalore Aerospace SEZ, IT Investment Region (ITIR), and the upcoming Devanahalli Business Park are major catalysts for growth. The area is also part of the proposed Satellite Town Ring Road (STRR), which will further improve connectivity. Investing in top plots in Bangalore here means capitalising on the potential of a region set to become a major commercial and residential hub. The scenic landscapes and planned developments make it a prime location for those looking for long-term appreciation.
4. H Cross/Jangamakote Cross (Devanahalli-Kolar Road)
Land Price: ₹1,300 – ₹2.000 per sq ft
Why Invest: Located strategically along the Devanahalli-Kolar Road, H Cross/Jangamakote Cross is fast becoming a favoured destination for investors due to its proximity to Kempegowda International Airport and upcoming industrial zones. With planned infrastructure projects like the Satellite Town Ring Road (STRR) improving accessibility, this area offers great potential for long-term appreciation. The affordable land prices and expected surge in demand make it one of the emerging plots in Bangalore, ideal for both residential and commercial investments. In a radius of just 15 km, there are a total of 4 Industrial areas – Vemgal Industrial Area, Hoskote Industrial Area, Masthenahalli Industrial Area and KIADB Industrial Area(near BIAL Airport). There has been a new proposed Industrial area in Jangamakote Cross of 2500 acres. We are going to see a huge scope of development and appreciation in the coming years.
5. Doddaballapur
Land Price: ₹ 3500 to ₹ 5000 per sq ft
Why Invest: Doddaballapur is known for its industrial growth and proximity to the airport, making it an ideal location for residential and industrial investments. The area has seen steady development with new residential projects catering to the growing demand. The upcoming Peripheral Ring Road and the Devanahalli-Doddaballapur road expansion will significantly enhance connectivity. It is also close to several industrial parks, which makes it a prime choice for those looking for top plots in Bangalore with versatile usage options. The STRR from Dobaspet via Doddaballpura – Devanahalli has boosted the Real Estate prices and the most important industry, Foxconn Groups started their unit on the same road.
6. Kanakapura Road
Land Price: ₹3,800 to ₹6,500 per sq ft
Why Invest: Known for its greenery and tranquil environment, Kanakapura Road offers a peaceful setting with excellent connectivity to central Bangalore. The metro line extension, along with improved road infrastructure, has made this area highly desirable. The availability of large plots at competitive prices makes it attractive for those seeking a plot for investment in Bangalore in 2024. The presence of reputed schools, healthcare centres, and the upcoming NICE corridor further enhances its appeal.
7. Attibele
Land Price: ₹2,500 to ₹4,000 per sq ft
Why Invest: Attibele is emerging as a residential and industrial hub due to its strategic location near the Tamil Nadu border. It offers affordable plot options and is well-connected to major employment centres like Electronic City and Sarjapur. The proposed Satellite Town Ring Road (STRR) and the upcoming industrial developments are set to boost the area’s growth. For investors looking for emerging plots in Bangalore, Attibele offers a balanced mix of residential and industrial opportunities at a relatively lower cost.
8. Sarjapura
Land Price: ₹7,140 to ₹8,667 per sq ft
Why Invest: Sarjapur is a preferred destination for real estate investment due to its proximity to key IT hubs like Whitefield, Electronic City, and Marathahalli. The area has seen significant growth in social infrastructure, including schools, hospitals, and retail outlets. The planned Peripheral Ring Road will further boost its connectivity, making it one of the best options for those seeking top plots in Bangalore. The demand for residential plots is high, and the area promises substantial returns on investment.
9. Nelamangala
Land Price: ₹3,000 to ₹4,500 per sq ft
Why Invest: Located on the outskirts of Bangalore, Nelamangala offers affordable plots with excellent growth potential. Its strategic location along the NH4 and proximity to major industrial areas make it an attractive choice for both residential and commercial investors. The upcoming infrastructure projects, including road expansions and improved public transport, are set to enhance connectivity. If you’re considering emerging plots in Bangalore, Nelamangala offers a promising landscape for long-term investment.
Conclusion
Investing in a plot for investment in Bangalore in 2024 is a strategic decision that can yield significant returns if you choose the right location. The neighbourhoods listed above offer a diverse range of options, from affordable to high-end plots, each with unique advantages and growth prospects. Understanding why to invest in plots in these areas will help you make an informed decision and secure your future in Bangalore’s thriving real estate market. With the city’s rapid development and expanding infrastructure, these top plots in Bangalore are set to become the next big investment hotspots.
