Is Bagalur a rural or urban area?

Bagalur is an urban area located in the Bangalore Urban District in North Bangalore. It is a mid segment area that is in proximity to the Bangalore airport. Bagalur Pincode is 562149, and it is gaining appeal as a profitable housing market.

As Bagalur is in an urban area, it has the following advantages,

• High Appreciation Potential - Urban areas will show faster price growth than rural areas. The metro lines, flyovers, and IT hubs will push property values.
• High Rental Income – There will be a high tenant demand as urban areas evolve at a fast rate. IT hubs and business hubs will be launched, resulting in demand in the real estate market. So, the rental income will be high for investors.
• Better Legal Clarity - Urban properties have Clear land titles and approved layouts. Loan eligibility is easy, and there will be lower risk compared to rural areas.
• Wide investment options – There will be a variety of property options like flats, villas, rowhouses and plots in urban areas. Also, the resale value is high, and buyers can get a high ROI.
• High Liquidity – It is easy to sell properties in urban areas as the demand is high and there will be a huge buyer market.

Purva Northern Lights is an upcoming luxury apartment project in the urban area of Bagalur. The project spans over 25 acres. It has 2600+ ultra luxury flats in 2 BHK, 3 BHK, and 4 BHK sizes. There are 8 high towers, with 2B+G+31 floors. The flats floor plan ranges from 1010 sq ft to 2400 sq ft. Investing in this new project is a good value for money as it is in an urban area of Bangalore, which promises a high resale value and a good rental income.