Bangalore Residential Real Estate Trends

Bangalore is one of the fastest growing cities in India. Often termed as the Silicon Valley Of Asia, it is also termed as ‘world city’. The city population has increased in the past few years bringing a sudden demand for the real estate properties. It has achieved a prominent place in the real estate market in India due to several reasons including an educated multicultural population and fast improving social and educational infrastructure. The rising disposable income of the middle class and an increasing base of young professionals have offered an immense opportunity for development in the Bangalore Real Estate sector.

The city houses a number of IT and ITES, aerospace and biotechnology companies directly influencing the residential as well as commercial real estate market. The rapid infrastructural developments especially the road and transport has also encouraged the demands for high-end residential and commercial properties. The growing migrant population resulting from the high salaried working class has been a demand driver for the high-end residential property. So, let us look at the Bangalore Real Estate market trends.

Bangalore Residential Real Estate Market Trends

• The Residential market in Bangalore has lot to offer to the stakeholders, individual buyers, investors, landowners and builders. Not only national but also many international developers are finding investing in Bangalore Real Estate, a profitable venture. 'Bhartia City', a 125-acre integrated development project of the Bhartia Group is one such investment venture launched in Thanisandra. The project houses SEZs, residential, commercial, retail, hospitality projects and educational institutions.

• Outer Ring Road (ORR), Whitefield and North Bangalore are some of the most promising Residential Markets for investment. Besides, Old Madras and Mysore Road also have great potential to be so. The proximity of Old Madras to IT Hubs like Outer Ring Road and Whitefield, City Center and Bangalore International Airport is turning it into a preferred investment destination.

• To cater the high net worth segment, there has been an influential increase in the high-end luxurious properties across the micro markets of Bangalore. Looking at this, the developers are coming up with projects with world-class amenities offering a high lifestyle. It also witnessed an entry of the New Residential Project namely Branded Homes and Villament.

• The luxury segment of Villa, Bungalow, Luxury Apartment is really attracting the developers having high profitability margin. Hebbal, Sarjapur Road, J.P Nagar, Banashankari Belt, Yeshwantpur, Dr. Rajkumar Road, Koramangala and Indira Nagar are some of the places that are witnessing huge development in the premium segment.

The Residential Real Estate Market in Bangalore has performed really well in the past few years as compared to other metro cities like the Delhi, Mumbai and Chennai. This momentum of growth is expected to continue and even increase in the coming years. Hence, for those who are thinking about investing in Residential Property in Bangalore, this is definitely the right time to do so.

Hello, I am Anurag. I have been in the Real Estate Portal writting fields for more than 10 years. You can get knowledge about Rei Portal, Indian Property Portal, Real Estate Portal, Residential Property. Please visit: http://www.realestateindia.com