Within the last couple of years, the actual estate market has changed as drastically as Bangalore has. The living population here continues to go up, as well as its like-ability factor among prospective movers. While its once famed all-year round fantastic weather may no more hold true, it still remains comparatively pleasant. The continuous efforts by Bruhat Bengaluru Mahanagara Palike (BBMP), responsible for many infrastructural efforts in Bangalore, has seen the rise of vital highway projects and Bangalore Metro among several other. Though each has a completion date set a couple of years later on, that is good news for the developing property market and upcoming areas. An investment in property this year guarantees good returns for the following three to five years.
Some of the best places to purchase apartments in Bangalore remain characterised by various factors. While budget remains Prestige Song of the South the frontrunner, weighing in on the optimum tri-factor of location, price, and area is an essential and often a determining factor. Several IT parks around the town have lead to the town naturally turning into a IT hub but also given areas a boost to grow that could have otherwise taken much longer. Residential apartments in Bangalore have remained popular in JP Nagar, Jaya Nagar and Bannerghatta Road nevertheless now even Kanakapura, Sarjapur Road, Whitefield, CV Raman Nagar, Hebbal, Whitefield, KR Puram, Electronic City and Yelahanka have joined the clique. Of these Hebbal and KR Puram show tremendous potential of growth with the former close to the Bangalore International Airport and the latter near both Manyata Tech Park and Whitefield’s IT hub.
The completion of Bangalore Metro guarantees extra connectivity to these areas where reputed builders have upcoming projects. When completed, these projects will certainly visit a rise in value which is why the trend of buying upcoming projects has caught on in Bangalore. Some of the most recogonized and reputed builders in the town such as for example Century Real Estate, Brigade, Mantri, Total Environment and Nitesh Estates have dwelled years into expanding their portfolios and covered a variety of projects from commercial to residential. Century Real Estate specifically boasts of an incredible amount of residential projects across Bangalore. As with most builders, their reputation precedes themselves, and Century’s reputation extends back over 40 years when it was established. It slowly but steadily has generated its projects in key areas bearing in mind the various needs and preferences of this cosmopolitan city.