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As India’s own Silicon Valley, Bangalore is among the fastest growing metro cities in India. In recent years, Bangalore or Bengaluru (as it was recently renamed) has emerged as an IT/ITES & telecom hub. Along with this factor the large scale infrastructural developments happening in the city have made it a favored destination among residential buyers. Soon to be at par with world class cities around the world, some of the infrastructural developments planned for the garden city Bangalore include - - Ongoing Metro project to expand the existing train network to cover the length & breadth of the city to ease the connectivity problems faced by the residents here.
- Eight flyovers and two underpasses to be constructed on the outer ring road stretch which will make possible signal free travel along this route.
- A similar signal-free corridor to the international airport is also being developed which will considerably shorten the time taken to reach the international airport from Hebbal Flyover.
Some Trends Observed In The Bangalore Residential Real Estate Market 3BHK & 2BHK apartments witnessing the highest demand among mid-segment property buyers. Small size apartments are finding more takers as compared to other kinds of property available in the market. Realty brands are falling over each other to fulfill the rising demand for such affordable smaller size apartments. Premium property segment is also witnessing a slow but steady growth in Real Estate In Bangalore. HNIs are the ones responsible for fuelling this demand for luxury apartments, sprawling villas, & high-end row houses. Premium Residential Locations In Bangalore - Whitefield, Old Madras Road, Outer Ring Road, Sarjapur Road, Marathalli, etc. are some of the prime residential locations in the eastern & S.E part of Bangalore.
- In the western &south western part of Bangalore, locations favored by residential buyers include - Rajajeshwari Nagar, Rajajinagar, Tumkur Road, Vijay Nagar, Nagarbhavi, Malleshwaram, Yeshwantpur.
- The prime Residential Real Estate In South Bangalore includes Bannerghatta Road, J.P.Nagar, Electronic City, Hosur Road,Kanakpura Road, Jayanagar.
- In the North/N.E part of Bangalore, the favorable residential locations include - Yelahanka, Hebbal, Thanisandra, Hennur Road, Doddaballapur Road, etc.
- In central Bangalore, key locations targeted by residential buyers include Vasant Nagar, Koramangala, Richmond Town, Lavelle Road, & Indiranagar.
If you too are looking for a viable residential property in Bangalore, then the time to invest is now.
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