Bangalore's Real Estate: Pros and Cons of Buying Near Airports
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20/12/2024Bangalore, popularly known as the Silicon Valley of India, has been witnessing a massive growth in its real estate sector in recent years. With the city's population swelling at an alarming rate, the demand for properties has also been on the rise. As a result, many buyers have started exploring areas around the airports to invest in properties. However, buying near the airport has both advantages and disadvantages. In this article, we will take a closer look at the pros and cons of buying near Bangalore's airports.
Pros:
1. Good Connectivity: Properties near airports have excellent connectivity, which makes them a great investment option. The Kempegowda International Airport (KIA) in Bangalore is located on the outskirts of the city. Areas like Devanahalli, Hebbal, and Yelahanka, which are located near the airport, offer excellent road connectivity to other parts of the city.
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2. Potential for High ROI: The demand for properties near the airport is growing rapidly, resulting in an increase in their prices. The proximity to the airport and good connectivity mean that the property's value is likely to appreciate in the future. As a result, investing in properties near the airport can yield a high return on investment.
3. Ready-to-Move Options: Many developers have launched ready-to-move properties near the airport. These properties are ideal for people who are looking to move in immediately. As they are close to the airport, they offer easy access to transportation, making daily commuting easy.
Cons:
1. Noise Pollution: Noise pollution is one of the significant drawbacks of buying near the airport. Planes taking off and landing can create a lot of noise, which can be disturbing for residents. The constant noise can also affect the health of residents, leading to sleep disorders and cardiovascular problems.
2. Air Pollution: Air pollution is another major concern for residents near the airport. Planes emit exhaust fumes, which can affect the air quality in the surrounding areas. High air pollution levels can cause respiratory problems and other health issues.
3. Safety Concerns: The high-speed aircraft taking off and landing near the residential areas can result in safety concerns. Planes have been known to crash in the past, which can lead to loss of life and property. Also, the constant noise and vibrations can damage the structure of the buildings over time.
Conclusion:
In conclusion, while investing in properties near Bangalore's airport has its share of advantages, one must thoroughly evaluate the associated risks before making a purchase decision. Noise and air pollution, along with safety concerns, should be carefully considered before investing. It is important to weigh the pros and cons before making an informed decision.