Jalahalli has a very rich history starting from the time the British left India. Back then, Jalahalli was just a small hamlet consisting of a handful of families with the only notable piece of architecture being the Air force Training Center set up by the British. After they left, the Indian Government set up many organizations around Jalahalli like Bharat Electronics Limited AKA BEL, Hindustan Machine Tools Aka HMT, Air force and ISRO. This brought in more population to the tiny hamlet which gradually started being populated turned larger geographically.
But that is not why you should invest in properties in Jalahalli. It is always nice to know a brief history about the place you are contemplating staying in, isn’t it? Here’s why investing in Jalahalli maybe a good option for first as well as second home investors.
1. Clean and Greens: Jalahalli is one of the less congested areas in Bangalore. It is also endowed with a green belt of coconut groves and eucalyptus plantation owing to the fact that 25% of the land belongs to Bharat Electronic Limited and Hindustan Machine tools who maintain the greenery of this place. There is also the Jarkabandi State Forest that provides green blanket to the area. There are many lush green parks and wide well maintained roads.
2. Proximity to good schools: Notable schools in Jalahalli are Kendriya Vidyalaya, Seventh Day Adventist School, Workforce School, Central School, and Cluny Convent School amongst the well established convent schools. There are also a number of upcoming international schools that cater to a wide range of kids whose parents prefer a different approach to schooling. Such schools include Orchids International School and Ryan International School. Popular pre-schools include Podar Jumbo kids and Kidzee. The options range from CBSE board, ICSE and Karnataka board to IB and IGCSE.
3. Appreciating property rates: Research has shown that property rates in Jalahalli have always seen a gradual rise. This means that there is no sudden spike. Sudden spike in property rates always gives rise to a price correction in the short term. Thus, it is a safe investment option for those looking to gain steadily and gradually from this investment.
For second home investors, properties in Jalahalli continue to give steady rent with a healthy increase every year.
4. Proximity to work: Areas like Kormangala, Whitefield etc are accessible by inner roads as well as NH4. The State Transport connects Jalahalli to important places with good frequency.
5. Entertainment close at hand: Can entertainment be long behind when all other factors are favorable for Jalahalli? Rockline mall, JP Park, Move N Pick Hotel, and many other smaller entertainment units dot the Jalahalli neighborhood.
Like with every new neighborhood (and we believe that Jalahalli is a newer settlement), Jalahalli has some distance to go before it catches up with the likes of Kormangala, Whitefield, etc. But then the rates would also be sky high right? So now is the time to invest in this steadily rising neighborhood, if you want to reap benefits in the near future.
