Bangalore enjoys a robust realty market

Bangalore enjoys a robust realty market as it is a home to major blue chip companies and giant IT companies. The city is also known to be the 'silicon valley of India' due to the burgeoning industrialization and scorching growth pace.   The city's lifestyle, demographics and job opportunities have attracted people from all over India and also abroad.  The city enjoys a pleasant weather all round the year that increases its attractiveness. It is a beautiful melting pot where different cultures meet. With this, the demand for Luxury apartments in bangalore good locations has also gone high.  Buyers and Investors are not only eyeing these homes as an asset, but also as a change that offers an enriched lifestyle.

Spurt in luxurious apartments in Bangalore

Over the past few years, Real estate in Bangalore market has witnessed a tremendous surge in luxurious houses. These houses are primarily targeted towards high net worth individuals and therefore, real estate developers are focusing on high-end villas and row houses equipped with all the ultra modern amenities.

Profitability is the main reason for developers to join the premium houses trend. The homes are not only large in terms of square feet area, but also have added benefits such as Wi-Fi, swimming pool, jogging track, badminton courts, sensor locks, gazebos, helipads and many more. Luxury apartments in Bangalore are crafted with finest details and give a wonderful opportunity to experience royalty.  

Thanks to technological advancements, developers are coming up with customized villas offering top notch amenities meeting the international standards. Bangalore's real estate developers have refined their projects from time to time, which have further fuelled the demand for high-end residential homes.

 

Region wise growth of premium apartments

North/North West

A series of premium apartment new projects in bangalore have been undertaken in the sub-markets of places like Hebbel. Developers have chosen the place because of its prime location, good connectivity and ongoing infrastructure developments. Numerous luxury houses have come up in the area between Hebbel and Yelahanka. North Bangalore has all the potential to develop as the hub of premium residential homes in the coming time.

South

In the south, Bannerghatta Road has seen a surge in premium villas and houses. Localities like JP Nagar and Banashankari too have seen a surge in high-end residential villas.

East

Premium villas have come up in the east in places like Budigere Cross, Krishnarajapuram and Whitefield Road. The Proximity to the city's airport and extensive bus connectivity has added tremendous value to these areas. These areas demonstrate excellent potential for growth in the future and promises whopping returns.

 

West

Several high-end residential projects have been launched in places like Yeshwantpur and Dr Rajkumar Road. Because of presence of several retail chains and hotels, demand for villas from these places have shot up dramatically.

 

As of now, there are many luxury home units in the city at various stages of planning and construction. Value of luxury homes in Bangalore is much higher as compared to other metropolitan cities in India. The promising real estate scenario in the city is envisaged to boost the demand of high quality housing units further in the days to come.