subject: Real Estate Prices Looking To Shoot Up Soon [print this page] Bangalore is rapidly turning into an exceptional city for living and doing business in the near future. The Bangalore Development Authority (BDA) has strategies to reform certain processes related to planning. Since the last decade, the prices of Property in Bangalore have escalated at a express pace, thus turning the dream of owning a house almost impossible. Today not just the proper Bangalore city but real estate prices have risen even in the adjoining areas such as Sarjapur road, Malleshwaram, Mysore Road, Whitefield, Rajajinagar and Old Madras Road. Bangalore certainly is the most happening city nowadays.
Bangalore reserved its tenth rank among the most preferred real estate venture destination in the Asia Pacific section. Market largely dominated by end users, Bangalores real estate market is now turning towards location and project specific choices where property developers are able to market their projects. Bangalores organic growth-driven market and aptitude to buck super trends has helped it preserve its credentials as a steady show.
Bangalore real estate market has experienced a deep change from what it used to be some years ago. Housing corporations here in Bangalore are doing sharp business. While a majority of investors are variably looking at sarjapur and electronic city for real estate investment options. All this while we were discussing about the housing market here at Bangalore. There are many opportunities for residential real estate around the city like villas in bangalore. Investment options in residential property in and around the city abound but the yield varies from 4percent and above depending on the location, specification, type of development and amenities offered in the project.
Bangalore Villas is the new buzzword in Bangalores real estate lexicon. A villa is where the search for house ends and a home begins. Its a concept thats gaining popularity with those who want the luxury of a villa in bangalore and also the comfort and convenience an apartment. Its a product strategy where we offer the privacy of a villa and the facilities of an apartment, says Atheeth.C Managing Partner, Heritage Homes, a Bangalore based real estate developer. While price of apartments may be out of reach for many and the density of flat units too claustrophobic for some, villas will bridge the divide.
