Best Residential Areas in Bangalore to Invest in 2023

In recent years, Bangalore has become one of the most sought-after cities in India for real estate investments. With its booming IT industry and growing infrastructure, it offers a promising future for both residents and investors.

If you are planning to settle down or buy a property, exploring the best residential areas in Bangalore is essential.

But before diving directly into it, let's see some updates and trends in the real estate sector of Bangalore that will help you make an informed decision and find the best place to live in Bangalore.

Upcoming Developments in Best Residential Areas in Bangalore

• The Namma Metro expansion: In Bangalore, the Namma Metro rapid transit system is currently under construction. The expansion will add 14 new lines and 144 stations, making getting around the city easier. This will boost the demand for residential properties near metro stations.


• The Whitefield IT Corridor: Whitefield is one of the major IT hubs in Bangalore. The government is planning to develop this corridor further by adding new roads, bridges, and amenities. This will attract more IT companies and professionals to the area, increasing the housing demand.


• STRR Bangalore: Bangalore Satellite Town Ring Road (STRR) is another upcoming development expected to impact the best residential areas in Bangalore positively. This 280 km long ring road will connect the major satellite towns of Bangalore, such as Devanahalli, Doddaballapur, Nelamangala, and Bidadi. This will improve the connectivity of these towns with the city and make them more attractive to businesses and residents.


• Aerospace Special Economic Zone (SEZ): The SEZ is being developed by the Karnataka Industrial Development Board (KIADB) in Devanahalli, about 40 km from the city centre. The SEZ will be spread over an area of 1,200 acres and will be dedicated to the aerospace industry. The SEZ is expected to create new job opportunities and boost the demand for housing in the area.


• The Aerotropolis Project: The Aerotropolis project is a planned city that will be built around the Kempegowda International Airport in Devanahalli. Residential, commercial, and industrial areas will be included in the project. As a result, new job opportunities will be created, and housing demand will increase.


• The Peripheral Ring Road (PRR): The PRR is a 138-km long ring road currently under construction. The route will connect the major highways and industrial areas in Bangalore. This will improve the city's connectivity and make it easier for people to commute. This will also boost the demand for housing near the PRR.


• The Smart City project: As part of the Smart City project, Bangalore was selected as one of the 100 cities. The project will involve the development of smart infrastructure, such as e-governance, smart mobility, and smart environment. This will make Bangalore a more livable city and attract more people to the city, which will increase the demand for housing.


• The rise of co-living spaces: Co-living spaces are becoming increasingly popular in Bangalore. These spaces offer shared living spaces and amenities, which are more affordable than traditional apartments. This trend is expected to continue, creating new demand for co-living spaces in Bangalore.

15 Best Residential Areas in Bangalore

In 2023, some of the most promising and best residential areas in Bangalore include Koramangala, Indiranagar, Jayanagar, and JP Nagar. If you are searching for the best place to live in Bangalore, you must consider the following options:

1. Koramangala - Best Residential Areas in Bangalore

   Koramangala, known for its vibrant lifestyle and bustling commercial hubs, offers a mix of residential and commercial properties. Koramangala provides a serene and peaceful living environment with its tree-lined streets and well-maintained parks. This area is filled with trendy cafes, restaurants, and shopping centres, making it a favourite among young professionals and families and the best place to live in Bangalore for them.




2. Indiranagar - One of the Best Residential Areas in Bangalore

   Indiranagar, located in the heart of Bangalore, is renowned for its upscale residential properties and lively nightlife. A number of trendy pubs, bars, and restaurants make the area a popular choice for young professionals and expats. Indiranagar also boasts well-established schools and healthcare facilities, ensuring its residents' convenient and comfortable lifestyle.




3. Jayanagar - Best Residential Areas in Bangalore

   A well-planned locality with a mix of residential and commercial spaces, Jayanagar, one of the oldest and best residential areas in Bangalore, exudes a sense of nostalgia with its tree-lined avenues and spacious bungalows. The locality offers a mix of independent houses and apartments, catering to different preferences.

   Jayanagar is known for its well-planned layout, with numerous parks and recreational spaces, making it an ideal choice for families seeking a tranquil and green neighbourhood.




4. JP Nagar - Best Residential Areas in Bangalore South

   JP Nagar, located in South Bangalore, is a well-developed residential area known for its wide roads, excellent connectivity, and abundant amenities. The locality offers numerous housing options, from affordable apartments to luxurious villas. JP Nagar is also home to several renowned educational institutions, making it the best place to live in Bangalore for families with school-going children.




5. Whitefield - Best Residential Areas in Bangalore East

   Known as the IT hub of Bangalore, Whitefield has witnessed rapid development in recent years. It is home to several multinational companies, making it the best place to live in Bangalore for IT professionals.

   The area offers many residential options, from affordable apartments to luxurious villas. Whitefield also boasts excellent connectivity, with well-maintained roads and the upcoming metro line. Additionally, the area is dotted with shopping malls, restaurants, and entertainment centres, ensuring a vibrant lifestyle for its residents.




6. Electronic City - Best Residential Areas in Bangalore Outer

   Situated in the southern part of Bangalore, Electronic City is another major IT hub. It is home to numerous IT companies, including some of the biggest names in the industry. The area offers many residential options, ranging from budget-friendly apartments to high-end villas.

   Electronic City maintains strong connections with various parts of Bangalore through an extensive network of roads and public transportation. It also has a well-developed social infrastructure, with schools, hospitals, and shopping centres nearby.




7. Sarjapur Road - Best Residential Areas in Bangalore

   Located in the southeastern part of the city, Sarjapur Road has emerged as one of the most sought-after among the best residential areas in Bangalore. It offers a perfect blend of peacefulness and connectivity. The area is well-connected to major IT parks and corporate offices, making it an ideal choice for professionals working in the tech industry.

   In addition to its strategic location, Sarjapur Road boasts excellent social infrastructure, including renowned schools, hospitals, and shopping malls.




8. Hennur Road - Best Residential Areas in Bangalore

   Located in the northern part of Bangalore, Hennur Road is rapidly emerging as a popular residential destination. The area offers a serene and peaceful environment, away from the hustle and bustle of the city.

   Hennur Road is known for its green spaces and open areas, making it an ideal and best place to live in Bangalore for nature lovers. The area is well-connected to major employment hubs and has easy access to schools, hospitals, and shopping malls. With the development of infrastructure projects, Hennur Road is expected to witness significant growth in the coming years.




9. Hebbal - Best Residential Areas in Bangalore North

   Hebbal is well-connected to the Kempegowda International Airport and the central business district via the Outer Ring Road (ORR). The Hebbal Flyover has also improved traffic flow significantly. Apart from its connectivity, Hebbal's proximity to the Manyata Tech Park and other IT hubs has contributed to its popularity among working professionals and has made it the best area to stay in Bangalore.

   The area has witnessed significant infrastructural developments, including malls and educational institutions. The development of the Hebbal-ORR junction has attracted commercial establishments, boosting the overall infrastructure. The Hebbal Lake offers a serene environment and recreational spot for residents.




10. HSR Layout - Best Residential Areas in Bangalore

    HSR Layout is a well-planned locality with good road connectivity and a mix of residential and commercial spaces. HSR Layout's proximity to technology parks and startup incubators has made it a hub for aspiring entrepreneurs and IT professionals. The area's cosmopolitan atmosphere and various cuisines reflect Bangalore's diverse culture.

    The area offers various amenities, including parks, schools, restaurants, and shopping centres. HSR Layout's organized layout with sectors and blocks contributes to a sense of order and community.




11. Yelahanka - Upcoming Best Residential Areas in Bangalore

    Yelahanka is close to the international airport and is connected to the city through the ORR. Proximity to the Kempegowda International Airport has led to growth in the aviation and hospitality sectors, potentially creating job opportunities. It's popularly known for its serene environment. Yelahanka's relatively open spaces and parks provide a refreshing environment away from the city's hustle and bustle.

    The area has also seen significant growth in residential projects, leading to better amenities and facilities. The area has seen improvements in civic amenities, including water supply and waste management, enhancing the quality of life.




12. Bannerghatta Road - Best Residential Areas in Bangalore

    Bannerghatta Road connects important areas like JP Nagar and Electronic City. It's known for its proximity to IT companies and educational institutions. The presence of esteemed educational institutions and research centres has led to a demand for residential spaces by students and faculty.

    The area has witnessed substantial real estate development, improving infrastructure and amenities. Bannerghatta National Park offers residents a unique opportunity to connect with nature and wildlife, making it an eco-friendly area. The road is dotted with hospitals and medical centres, ensuring easy access to healthcare services.




13. Thanisandra - Underrated Best Residential Areas in Bangalore

    Thanisandra is close to the Manyata Tech Park, a major IT hub in Bangalore. It is connected to the city through the ORR and Bellary Road. The area has seen a rise in residential and commercial developments, contributing to better amenities, schools, and healthcare facilities, indicating a good real estate investment in Bangalore.

    Thanisandra is home to reputable educational institutions, making it the best place to live in Bangalore for families with school-going children. Several malls and entertainment options have sprung up along Thanisandra Main Road, enhancing the quality of life for residents.




14. Rajajinagar - Best Residential Areas in Bangalore

    Rajajinagar is a strategically located area well-connected to the city centre. It's a well-established residential and commercial hub. The area boasts shopping complexes, schools, hospitals, and recreational spaces. The famous Orion Mall and other local markets provide many shopping and dining options.

    Rajajinagar's central location ensures easy access to various parts of the city, making it convenient for daily commuting. The neighbourhood's historical temples and cultural centres contribute to its unique character.




15. Malleswaram - Best Residential Areas in Bangalore

    Malleswaram is known for its old-world charm, green spaces, and cultural heritage. It has a mix of traditional and modern elements. Malleswaram is known for its traditional markets, like the Malleswaram Market, offering fresh produce, flowers, and more.

    The area's strong sense of community with local markets, temples and cultural activities makes it the best area to stay in Bangalore for those seeking a close-knit neighbourhood. The locality blends colonial-era architecture and modern developments, adding to its charm.

These established localities have maintained their charm and continue to attract residents. The demand for luxury apartments and villas in these areas remains high making all these areas best residential areas in Bangalore.

Price Trends in Best Residential Areas in Bangalore

The price trends in the best residential areas in Bangalore are looking positive. Bangalore is a business and IT hub, and the price of real estate in the city is directly proportional to the proximity to IT hubs, availability of social amenities, and connectivity.

The posh areas in Bangalore, including Koramangala, Indira Nagar, Jayanagar, and HSR Layout, boast premium real estate prices and represent the city's highest property costs.

Here's a comparison of average property prices across the best residential areas in Bangalore.

Benefits of Living in These Best Residential Areas in Bangalore

There are many benefits to investing in the best residential areas in Bangalore.

• All these areas offer a cosmopolitan lifestyle with a mix of traditional and modern amenities. Bangalore's climate, known for its pleasant weather, attracts people from all over India. Moreover, these areas are home to some of the best educational institutions, healthcare facilities, and shopping centres.


• Bangalore is a major IT hub and has a large population of working professionals. This means there is a high demand for rental properties in the city. The average rental yield in Bangalore is around 5-7%, which is quite attractive for investors.


• The real estate market in Bangalore has been growing steadily over the past few years, and this trend is expected to continue in the coming years. This means that investors who buy property in these best residential areas in Bangalore now can expect to make a good profit in the future.


• Employment opportunities in these areas are abundant, especially in the IT sector. Many multinational companies have set up offices in these areas, creating a high demand for skilled professionals. Numerous job opportunities make these places the best residential areas in Bangalore.


• The social infrastructure is well-developed, with recreational facilities, good schools, parks, and cultural centres spread across these areas. The city's excellent connectivity through metro rail, roadways, and airports also ensures easy accessibility and shorter commute times.

The Future of Best Residential Areas in Bangalore

The future of the best residential areas in Bangalore looks promising. The city's real estate market is expected to flourish further, with the demand for affordable and luxury housing rising. Developers are focusing on creating sustainable and eco-friendly projects that promote green living.

New residential projects are set to come up in emerging areas like Devanahalli, Sarjapur, and North Bangalore. These areas offer ample opportunities for growth and investment. With increased infrastructure development and connectivity initiatives, these areas will witness a surge in demand from homebuyers.

But if we have to choose, North Bangalore is the future of the best residential areas in Bangalore. This is due to several factors, including:

• The continued growth of the IT sector in Bangalore which is driving demand for housing in the city.


• The development of new infrastructure projects, such as the Namma Metro and the Satellite Town Ring Road, which are improving connectivity and making North Bangalore more accessible.


• The increasing availability of green spaces and amenities making North Bangalore a more desirable place to live.


• The development of the Aerospace Corridor which will bring more investment and jobs to the region.


• The Karnataka Industrial Areas Development Board (KIADB) has set up several industrial parks in North Bangalore, which has attracted a large number of MNCs and other businesses. This has led to a surge in demand for housing in the area, making it a good investment destination for both short-term and long-term investors.


• The expansion of the Outer Ring Road which will make North Bangalore more accessible to other parts of the city.


• The development of new residential projects with state-of-the-art amenities.

Some of the best residential areas in North Bangalore include Hebbal, Jakkur, Doddaballapur, Devanahalli, Yelahanka and Bagalur. With its excellent infrastructure, good connectivity, and growing amenities, North Bangalore is becoming a great place to invest in real estate.

Conclusion

These were our top choices among all the best residential areas in Bangalore.

Choosing the right residential area in Bangalore is crucial for a comfortable and fulfilling lifestyle. With the city's real estate trends constantly evolving, staying updated with the latest developments is essential.

Consider factors such as location, connectivity, amenities, and growth potential while making your decision. By exploring the above-mentioned best residential areas in Bangalore, you can find the perfect home that caters to your needs and aspirations.

Want to add some more places that we missed? Comment what you think is the best place to live in Bangalore, and if we are convinced, we'll add it to our list as well.

FAQs

Which is the most posh area in Bangalore?

Koramangala is the most posh area in Bangalore because of its vibrant and happening neighbourhood.

Is Bangalore a good place to live?

Bangalore is a good place to live, but it has its downsides, such as traffic and pollution.

Which is the best place to live in Bangalore?

Koramangala is the best place to live in Bangalore, as per public reviews and feedback.

Is it worth buying apartment in Bangalore?

Yes, it is worth buying an apartment in Bangalore as the city, the IT capital of India, has many job opportunities, and compared to other metro cities, the weather in Bangalore is the most suitable to live in.