The real estate sector of India is considered to be one of the profitable ones for investors. This is also the second most employment generating sector in India. The activities of real estate in India are mainly concentrated in its various large and populous cities like Mumbai, Bengaluru, Delhi, Pune, Kolkata, Chennai, etc.
Bengaluru is known as the ‘Silicon Valley’ of India, because of its high IT nexus.
Both the real estate market of Mumbai and Bengaluru attract investors but there is a great difference also between the real estate market of Mumbai and Bengaluru. In recent times the RE market of Bengaluru is witnessed to be more profitable for real estate investors. Consequently, the city of Bengaluru has resulted in high growth in the real estate market.
Now the question is, why the real estate market of Bengaluru has resulted in so high growth? To know that we need to compare it with another city. Let’s compare it with Mumbai.
At present, we are going through the crisis of pandemic Covid–19. Although both the real estate market of Mumbai and Bengaluru have overcome the negative impact of the pandemic significantly, still, they have not been able to overcome it completely.
It is observed from various reports that the real estate market of Bengaluru is better than the real estate market of Mumbai, due to several reasons. A large number of investors, thus, prefer to invest in the real estate market of Bengaluru than the real estate market of Mumbai.
Many significant differences are pointed out between the real estate market of Mumbai and Bengaluru. Due to these reasons, the real estate market of Bengaluru is considered to be more attractive to investors. The differences between the real estate market of Mumbai and Bengaluru are discussed below:
There is a significant difference between the real estate market of Bengaluru and Mumbai. Due to the pandemic, the importance of the ‘Silicon Valley’ of India has increased as the world is depending more on the internet and various online platforms.
Besides, it is observed from various indicators that the growth and potentiality of the real estate market of Bengaluru are more than Mumbai. Thus, at present, the real estate market of Bengaluru has the potential to ensure you attractable profits.
I hope that I have been able to provide you with a comparative analysis between the real estate markets of Mumbai and Bengaluru.
If you have any questions, feel free to mail us at email@example.com. We will revert with a positive solution at the earliest. Till then, keep sharing this article!