Bangalore is known as the Silicon Valley of India because of its significant contribution to the IT sector of India. Bangalore houses the headquarters of most of the leading tech companies in India like Infosys, Wipro, and offices of leading multinational companies like Microsoft, IBM, Intel, HP, Accenture, and many more. As a result, Bangalore is emerging as a big market for commercial real estate; the demand for commercial properties in the city is buoyant. Here are top commercial properties for investment in Bangalore.
To invest in commercial real estate in Bangalore or ask any question related to the same, you can schedule a call right away.
Commercial Properties for Investment in Bangalore
When it comes to investing in commercial real estate, Bangalore is one of the most preferred locations of investors in India. As a matter of fact, Bangalore topped the list of cities where NRIs invested in commercial properties in 2021. Here are top commercial properties for investment in Bangalore:
Name of the Property | Area (SF) | Price PSF | Yield | Return Target |
---|---|---|---|---|
Embassy Tech Square | 84,512 | Rs. 13,253 | 8.62% | 15.9% |
The Pavilion III | 52,277 | Rs. 12,338 | 9.14% | 18.1% |
Whitefield Tech Park | 1,28,027 | Rs. 4,843 | 8.51% | 19.4% |
The Pavilion II | 24,392 | Rs. 12,500 | 8.86% | 17.8% |
The Pavilion I | 29,185 | Rs. 12,500 | 9.36% | 17.8% |
Miraya Rose | 22,588 | Rs. 11,059 | 8.4% | 17.5% |
IBC Knowledge Park II | 22,392 | Rs. 11,350 | 9% | 18.2% |
IBC Knowledge Park | 32,277 | Rs. 11,350 | 9% | 18.2% |
Umiya Business Bay I | 1,950 | Rs. 9,115 | 9% | 17.3% |
Umiya Business Bay II | 5,200 | Rs. 10,865 | 7.2% | 16.5% |
Brigade Tech Park | 17,468 | Rs. 5,204 | 7% | 16.9% |
These are some of the top eleven commercial properties for investment in Bangalore.
Why Bangalore for Commercial Real Estate Investment
Known as the IT capital of India, Bangalore is a global technology hub and is India’s biggest tech hub. Moreover, the city houses big shopping malls, complexes, multiplexes, etc. and is headquartered to many public and private sector organizations.
How to Invest in Commercial Properties in Bangalore?
Commercial properties cost a large amount which makes it impossible for most people to buy a Grade-A commercial property. Hence, fractional ownership of a commercial property and investment through real estate investment trusts (REIT) are viable options for individuals or retail investors.
Investors including residents and Non-Resident Indians can invest in CRE in Banglore, India. ‘Grade-A’ commercial properties are typically listed on online portals for investment, which already have tenants. Through fractional ownership method you can start investing in commercial properties with Rs. 25 lakh for a property worth approximately Rs. 50 crore.
SBNRI has tie-ups with many CRE investment companies. NRIs or resident investors who want to invest in a commercial property in Bangalore can download SBNRI app and follow the steps mentioned blow:
- Open the SBNRI app and click on ‘Invest’ button.
- Click on CRE button from ‘8+ Assets Simplified for NRIs’.
- You will be redirected to a new page where all commercial properties are listed.
- Click on ‘Chat with Me’ button to invest in a property and know more about the investment in a commercial property.
Documents Required to Invest in Commercial Property in Bangalore
While the documentation process may slightly vary from one CRE investment company to another, following are the common documents required to create the account to invest in commercial properties.
- PAN card copy
- Address proof such as Aadhaar, passport, or driving license.
- Bank statement
- NRE or NRO account number.
- Bank statement or a canceled cheque leaf with the name printed.
Non-individual investors will need to submit additional documents.
Wrapping it up
Because of presence of leading companies and ivy league institutions/ universities, cosmopolitan society and tourist places, Bangalore is one of the top destinations for investment in commercial real estate in India.
To ask any question related to NRI investment in commercial real estate in India, you can download SBNRI App from the Google Play Store or App Store. You can also use the SBNRI app for investment in stock market/ mutual funds, Pre-IPO, Asset Finance, Commercial Real Estate, Indian Startups Funds, NRI account opening, etc. To ask any questions, click on the button below. Also, visit our blog and YouTube channel for more details.