Real
estate in Bangalore has always been a promising destination for real estate
investment due to hosts of benefits. Touted to be one of the top
real estate investment destinations in India, the city showcases a vibrant
realty market.
Below are the reasons to invest in real estate in Bangalore.
The beautiful climate that stays around the year is the major
attraction of the city. This pulls a good number of people from different parts
of the country who migrate to this city with an intention to settle down here
permanently. The city also makes an amazing holiday destination with several
enthralling hill stations located in close vicinity such as Coorg, Nandi Hills
and many more. Bangalore is a beautiful melting pot where different cultures
meet. The city enjoys beautiful cosmopolitan crowd which enhances the
attractiveness of the city.
The city has seen over 100 Fortune 500 companies set up over the
last two decades. Presence of a good number of IT firms and
multinational corporations and more blue chip companies entering into the
space, the city attracts a good number of professionals every year. Burgeoning
industrialization in the city has significantly fuelled the demand of property in Bangalore. Almost
every leading technology company has a presence in the city. This translates
into huge employment opportunities and white collar jobs.
Property
in Bangalore is also eyed by the foreign investors and NRI Diaspora. The
city attracts a god number of foreign investors mainly because it promises
handsome returns on their investments. The city incorporates acclaimed
educational institutions , god hospitals , fun and entertainment avenues
and most importantly, a good proactive and supportive state government.
The favorable government policies and its continuous effort has given an edge
to the city over other hotspots. The city has very pleasant and moderate
climatic conditions, an excellent connectivity of telecom throughout the city,
easy availability of able and cheap labor, good intra road and rail
transport system, which not only helps easy transport of men and goods within
the city, but also out of the cit
Bangalore has also seen a good demand of luxury apartments and
stands third as the largest investment hub of High Net worth individuals
(HNIs). The multi-cultural population base of Bangalore with its refined tastes
and top notch choices looks for high-end residential apartments and
villas, particularly the villas in Bangalore which are in high demand.
Whitefield, Outer Ring Road (ORR), Central Business District (CBD), Secondary
Business District (SBD) and North Bangalore are the most prominent
markets selling luxury
homes in Bangalore. Villas are mostly demanded in areas like ORR,
Sarjarpur Road, Whitefield and North Bangalore.
South
In the south, Bannerghatta Road has witnessed a rise in premium
villas and houses. Localities like J P Nagar and Banashankari are seeing
a great demand of high end residential properties.
East
Premium villas have come up in the east, in places like Budigere
Cross, Krishnarajapuram and Whitefield Road. Proximity to the city's
airport and extensive bus connectivity has unlocked the value to these
areas.
West
Due of the presence of several retail chains and hotels,
demand for luxury homes in places like Yeshwantpur and Dr Rajkumar Road is
growing.
Thank you!
ReplyDeleteShow room space for rent on 100!ft rd indiranagar
Office space for rent in Indiranagar
Office for rent in indiranagar