How Good is Bangalore for NRIs!

Bangalore is a great destination, the Garden City as it was called earlier has been transformed to the IT Capital of India. A study revealed that in the time between 2011 and 2015, three lakhs of Indian professional working abroad were most likely to be the NRIs returning back to India, their birth place, to help the economy recover. Bangalore was the top among the cities to recruit the most number of NRIs in the country in 2013. Bangalore has been the house of most of the start-ups in the IT sector. That’s the reason why most of the professionals working abroad have been leaving their lucrative jobs and coming back to Bangalore and starting up their new ventures. Being the Silicon Valley of India it is not at all surprising why Bengaluru is the most preferred destination by the NRIs or even the foreign nationals when they think of India. Another reason is the climate due to the location of the place which is at a height of about 1000 meters above sea level. Most of the denizens of Bangalore opine that the city offers lot of good things to stay in, like gardens, parks, open spaces, modern amenities and above all a cosmopolitan culture to bask comfortably in. Along with all these, the physical infrastructure and the social infrastructure of the place is also one of the best to be in. 

But as always there is the flip side of the coin too there are frequent traffic jams, climbing real estate prices, water and electricity scarcity and few others. The real estate prices of the land and property can be scary. The market watchers opine that the real estate prices of land plots can be anywhere between 6 lakhs and to a whooping Rs. 1 crore. But the NRIs trying to settle down in the IT Capital of India should be prepared for the odds too. Here we list few of the odds too and prior information and tips can make life much easier. We collect few tips from the experts and try to keep the NRIs settling in Bangalore informed in advance. 

Uncertainty of power and water

The people coming from abroad are not used to unpredictability, uncertainty, unorderly arrangements and surprises. This may happen and one should be prepared as there will be power cuts in the range of 4 to 6 hours on an average. There may be scarcity of water too and you may have to be cautious about the usage of water.

Traffic Congestion and entertainment

After the revolution of the IT in the area there are often traffic jams and congestion and it is advised that one has to plan in advance one hour before if there is any prior agenda or a meeting to attend.

The late night culture of Bangalore is not the same as other cities. Here the restaurants, pubs and bars have to end operation by 11:30 PM in the night on the weekdays and on the weekends the closing time should be 1 PM as per the government regulations.

Great destinations for weekends and outings

Along with the restrictions imposed on entertainment and other perspectives of life there are great destinations in and around Bangalore too that makes the city a better place for NRIs returning to India. There are places like Ooty, Mysore, Coorg, and Chikkamagaluru many other areas that can be a great weekend destination.

Real estate situation:

The real estate situation of Bangalore is very dicey with ever escalation of prices due to rapid industrialization and infrastructure changes. So if one has to invest one should see the income generation and job generation potential of the place along with the infrastructures and connectivity and then make a comparison. In that case the investment would be proper, suggest the experts. A wrong assessment can lead to blocking of capital and lesser returns on investment. Here you may want to have an ultimate cheat sheet before buying properties in Bangalore. 

The quality education facilities:

Bangalore offers you the best of education with many International schools and some of them topping the list as the best institutions of the globe. This is one of the advantages of the place. The quality of education here in Bangalore, opines the experts, are there in varying degrees. That of course varies with the money one invests on education.