Having moved into eastern Bengaluru’s Whitefield 18 months ago, an IT employee, Arvind Srivastava, is now looking for a 2 BHK apartment in the northern part of the city.

Less water-logging, well-maintained roads and a lot of greenery are what make the north attractive, he added.

Having moved into eastern Bengaluru’s Whitefield 18 months ago, an IT employee, Arvind Srivastava, is now looking for a 2 BHK apartment in the northern part of the city.

Less water-logging, well-maintained roads and a lot of greenery are what make the north attractive, he added.

Post-pandemic, north Bengaluru has emerged as one of the fastest-growing real estate micro markets. Growing faster than the eastern IT corridor, infrastructural boost and its strategic location have doubled the investments from NRIs and domestic investors, brokers say.

This has slowly led to a gradual migration of the IT crowd from the eastern parts of the city towards the north, with a surge in inquiries for rentals or for buying homes.

According to Prashant Thakur, Senior Director and Head – Research, ANAROCK Group, the pre-COVID sales in north Bengaluru occupied the third spot ,while post-COVID, the region saw the second-best sales after the east.

source : MONEYCONTROL