The tech belts of India, like the OMR of Chennai, Hinjewadi of Pune, and the tech campuses of Bengaluru, are ready to shape housing markets. Well-paid IT professionals seeking homes close to office gates choose these cities.
A steady stream of developers, engineers, and system architects floods these zones. They appreciate new apartment projects, wider roads, and better transit links, while property prices gradually rise.
Though remote work became more common after 2020, many professionals still preferring buying apartments in Bangalore for shorter commute times and easy access to cafes, gyms and everyday services, rather than living in far-off suburbs. This blog explains how IT growth continues to shape housing demand.
Proximity to Workplaces
IT workers prefer neighbourhoods that slash travel time and ones that are close to office hubs. Traffic chaos in big cities makes this a real priority.
Around the IT belt of Chennai, spots such as Tidel Park pull professionals toward nearby flats and secure residential clusters, leading to increased housing demand and faster property transactions.
In the Hinjewadi zone of Pune, repetition of the trend shows up. More than eleven hundred tech outfits anchor the need for compact high rises and upscale homes built around the lifestyles of younger working professionals.
Boost in Infrastructure
New transit lines stretch through tech hubs, while elevated roads climb above widened lanes. They enable smoother commutes and breathe life into daily routines. Around the airport corridors and rail stops of Chennai, homes rise in clusters.
They draw families at every pay level into unfolding neighbourhoods. In Bengaluru, updated routes help business enclaves where secure compounds offer a seamless blend with ease.
Good Rental Yields
Some investors prefer IT hubs within Chennai real estate because these areas offer steady rental demand, with returns usually ranging between four and six per cent each year. Tech workers on the move, plus overseas buyers, keep demand steady. In Pune, areas like Wakad and Kharadi draw interest due to big companies settling in.
Home values there climb roughly ten to fifteen per cent every twelve months. Along the OMR stretch of Chennai, a similar rhythm plays out. These homes are serviced units that fill up fast.
Diverse Options for Housing
Diverse housing choices are emerging as builders introduce a wide range of options across Hyderabad real estate. High end towers for professionals and affordable housing for newcomers, alongside energy efficient communities tuned to greener lifestyles.
Together, these options meet financial realities while weaving in automated features and open landscapes. They mostly attract interest from the expanding tech crew of India.
Summary
So, these are the reasons why IT corridors boost housing needs and value in the top cities of India. Ready to own a home in one of these booming IT corridor markets?
Contact NCC Urban today to explore premium residential projects in prime locations and secure your future in high-growth zones. Schedule a site visit to explore housing options tailored to IT professionals and NRIs.
Article source: https://www.ezeebiz.in/why-it-corridors-continue-to-drive-housing-demand-in-bangalore-chennai-hyderabad/
