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Bangalore Real Estate Trends

Author: Housing Man
by Housing Man
Posted: Dec 08, 2018

The 5 picks in Real Estate!

The technology boom and the high income is indeed gathering young investors from all over the country to the Silicon Valley of India. With the Indian real estate market undergoing many major changes during the recent phase of growth, Bangalore still continues to be home for many realtors and investors. In fact, Bangalore real estate trends is influencing realtors over the country.

The reason is not just confined to the growth in technology and IT hubs, but the evolvement of co-working space, co-living space and urbanization.Track2Realty analysis showcases a chart that the office absorption rate is at 50 sq.ft per household. With more office spaces in demand, choosing the right space is equally important as the money being spent. With many realtors surfacing in the market, the process of home-buying is becoming a hassle nowadays. But with the right devices, the entire process from home selection to the price negotiation and documentation is quite easier now.

Check out for the 5 ’s!

Compared to the other cities within India, Bangalore has recently been undergoing a fast pace in real estate developments. Discussing below are few points that point out to the high demand in properties and plots in Bangalore, the Bangalore real estate trends.

  • End- User-driven Realty Market

Like many other cities in India, the real estate market prices don’t keep fluctuating in Bangalore. Being a market always driven by the end users, the developers have always kept an eye over the price levels, keeping it stable. This is one encouraging factor for the home-buyers to look out for good projects and act accordingly. The stable market is, in fact, a safe hub for many to go forward with their investments in homes or even plotted developments.

  • Honesty and Transparency in Business

Bangalore real estate market has still not witnessed any unpleasant scenarios in the business conduct. The transparent and ethical values along with the professionality of the developers are attractive for the customers. This is aiding the customers to build their trust in the developers and hence to buy more. These trends in real estate keeps Bangalore a safe haven for the realtors.

  • The option for Home Loans

With a major population of the city being people in the service industry, unlike many cities like Chennai, Hyderabad and NCR, the option for a home loan is in high demand. Service sector people, unlike the business class people usually go for home loans, from the most reputed banks. Developers keep a watch over these factors so that their projects will get financial aids from the best lenders of the country so that the customers would feel at more ease at home buying.

  • Joint Development Projects

Bangalore real estate developers take a different path in the construction and development of the project. Unlike the common practices in other cities, which involve the developers buying the plots from the landowners and then constructing on it, the city has got a unique path. Most of the residential and commercial projects are undertaken as a friendly joint development between the landowner and the project developer, which in turn rules out the hassles of spending more on the property.

  • The IT Factor

The garden city of India has been transforming in the last few years and evolving as an IT hub. In fact, it is now home to many multinational corporates and IT companies. With the coming up of new technologies, Bangalore has never been a slow in adapting to the changes. With artificial intelligence and cloud computing technologies dominating the market, and new companies spreading its wing over to the city, it had brought forth with it new residents who wanted to find their abode within the city. Most of the tech people come from outside the city and are in search of a comfortable, permanent stay. Property developers work on the right pick for their respective customers and build their dream homes.

In A Nutshell

Quality housing matters much. There are few checkouts before landing in the best homes. The high standard of living, the growth in technology and the comfort-themed life has, in turn, contributed to the flourishing of the real estate industry. With the startups finding its way to the city, the economic growth and the expansion of the tech/ IT sector, Bangalore is the right pick for your dream home.

2. KW: Property in Bangalore south

Why South Bangalore?

Bangalore as a whole is witnessing an upsurge in the real estate industry. Be it Bangalore South or Bangalore North, the city is perceiving a dynamic change in the way homes are created and handed out. When we check out for the best place to invest in Bangalore, South or North comes to your mind first? Investigate into the quality of living at the different spots within the city. What makes buying a property in Bangalore South worth it?

SOUTH, the old age beauty!

Bangalore South has everything in store, right from the recreational places to the favorite spots to savor the national and international cuisines. This isn’t quite enough to describe Bangalore South. The rise in residential projects within this region owing to the fact that the place offers easy connectivity to the main city centers through the four major highways Sarjapur road, Hosur road, Kanakapura road, and Bannerghatta road. Owning a property in Bangalore South, especially in places like Electronic City, Kanakapura road, and Bannerghatta road eases off the process of running long ways in search of job places. The electronic city holds the Keonics IT Park, which is built in 580-acres houses nearly 200 IT/ITeS companies in three phases. With the vast job openings in this area, this would be the best place to live for people who migrate from different places. It definitely enables one to rule out the city’s traffic and live in a classic and serene environment, within a like-minded community.

Forget not, South has recreation at its best!

South Bangalore is also well known for its own cuisines as well as the place to try out foreign cuisines. The place has got many exceptionally good restaurants and resto-bars where one can spend the weekends in. When you buy a property in Bangalore South, you are also buying quick weekend getaways to various places which are enticing in many ways. The place has a special taste for art galleries, big shopping malls which are meant for shopaholics and shopping streets for others to roam around and do window-shopping. The property in Bangalore South will give you a space for everything you need in recreation.

South, for cultural remnants!

There is yet another fascinating feature about South Bangalore. The place holds the remnants of the culture, which takes life back to the olden days. The properties in South Bangalore are in fact built in an architecture that portrays the cultural uniqueness. For example, the city has the famous Tipu Sultan's fort which gives a retrospection of the Indian culture.Built back in the 1500’s, it illustrates sophisticated arches, ceramic layering and the walls are embellished that gives a scenic view.

Travel around in the calmness of night!

Bangalore South has got the exceptionally good Nice road which is nicer in many ways to get away after a tiresome day at work. The place has a tranquil air which extends up to 111 Km. Buying a property in Bangalore South offers better connectivity with the four highways and if they are still congested, don’t worry make an escapade to the Nice road. With so many MNC companies in and around the place, including Wipro, Siemens, Intel, Hewlett-Packard, Infosys, HCL Technologies, CGI and GE, the job opportunities would be more and in turn, the properties in Bangalore South would be a true treasure in many ways.

Lal Bagh, for a perfect evening with your loved ones!

South Bangalore has got a big thing to boast about and is nothing other than Lal Bagh, also known as the ‘Red Garden’. The property buyers in Bangalore South has an option to get away from the city rush at least after the work hours.Lal Bagh is one such hot destination for families to explore and to find shelter in. The 240 acres of land, with a glass house where the annual flower shows are held, is a scenic beauty. Properties in Bangalore South has a bigger value because of the availability of places like Lal Bagh, which gives a place to roam around peacefully.

As a whole, the properties in Bangalore South has many distinctive features. From a serene environment to live in peace to all the necessities one need in life, South Bangalore is a big buy in housing. This is one major reason for the hike in property prices in South Bangalore. Together all the factors makes it a desirable place to find your niche in!

3. KW: Bangalore real estate market

Role of Commercial space in the realtor’s industry!

Bangalore is undoubtedly emerging as the forerunner in the country’s IT advancements. With more technology comes the need to accommodate those in the right places. This is where the need for more office or commercial spaces comes along. We can say that Bangalore is leading

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About the Author

HousingMan was started to give a simple and helpful alternative for property-purchasers and venders. The point is to build up a problem free, simple to-explore online entry for everything property.

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Author: Housing Man

Housing Man

Member since: Dec 05, 2018
Published articles: 1

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