Bangalore city that has grown rapidly and has developed fast to become the country’s IT capital and home to many major IT companies and high-net worth individuals (HNIs). With highly dynamic living population and more job opportunities, and favorable climatic condition has made the city to be the most preferred destination to settle down and to invest in real estate market.
Major factors that attract more investors:
Major factors that attract more investors:
- Cosmopolitan city
- Huge number of software professionals and software companies (212)
- A large number of Bangaloreans work in the USA
- The City is home to about 21 engineering colleges and is the highest in the world
- Job opportunities
- Lifestyle quotient
Localities in Bangalore for luxury homes
Vittal Mallya Road, Richmond Road, Ulsoor Road, Sadashivnagar, and Cunningham Road that are known for their posh living and independent bungalows are now paying way to apartments, yet retain its sheen that states its status and prestige.
Indiranagar and Koramangala are some localities in the city center that houses high number of NRIs, HNIs, and first-generation rich tycoons who value exclusive lifestyle in the city center.
These are the premium locations in the city with no extended supply with significant potential for appreciation. Here luxury apartments are priced in between Rs.6 crore to Rs.30 crore that may seem unreasonable but are reasonable when compared to other metro cities in the country like Mumbai and Delhi.
Considering the space and lifestyle along with the immaculate and grandeur setup the luxury projects located in these localities are priced at an achievable realistic price that ranges in between Rs.9, 000 to 12,000 per sq. ft. whereas these prices cannot be seen in other Indian cities.
Other emerging areas in the city for luxury homes are Whitefield, Hebbal, Yelahanka, and other localities in North Bangalore, which offer a liberal and lavish lifestyle along with high capital value appreciation.
Vittal Mallya Road, Richmond Road, Ulsoor Road, Sadashivnagar, and Cunningham Road that are known for their posh living and independent bungalows are now paying way to apartments, yet retain its sheen that states its status and prestige.
Indiranagar and Koramangala are some localities in the city center that houses high number of NRIs, HNIs, and first-generation rich tycoons who value exclusive lifestyle in the city center.
These are the premium locations in the city with no extended supply with significant potential for appreciation. Here luxury apartments are priced in between Rs.6 crore to Rs.30 crore that may seem unreasonable but are reasonable when compared to other metro cities in the country like Mumbai and Delhi.
Considering the space and lifestyle along with the immaculate and grandeur setup the luxury projects located in these localities are priced at an achievable realistic price that ranges in between Rs.9, 000 to 12,000 per sq. ft. whereas these prices cannot be seen in other Indian cities.
Other emerging areas in the city for luxury homes are Whitefield, Hebbal, Yelahanka, and other localities in North Bangalore, which offer a liberal and lavish lifestyle along with high capital value appreciation.
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Really well-written about Bangalore Real Estate Market Tops for Luxury Homes in the country.
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