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Real Estate Property Tendencies: Luxurious Apartments in Bangalore

In recent times, Bangalore, otherwise known as the silicon valley of India, is continuing to grow rapidly. The city's lifestyle, demographics and opportunities have attracted individuals from across India. Using this, the need for luxury apartments in good locations in addition has surged. Customers are not just viewing these homes as an asset, but also being a change that gives an enriched lifestyle.

Spurt in luxurious apartments in Bangalore

During the last few years, Bangalore's market has witnessed a surge in luxurious houses. These houses are primarily targeted towards high value individuals and thus, real estate investment developers are focusing on high-end villas and row houses designed with all of the modern amenities.

Profitability could be the primary reason for developers to participate the premium houses bandwagon. Prices of these homes cover anything from Rs. 2 to 12 crores. The homes are not only found large in terms of feet square area, but additionally have benefits like Wi-Fi, children's pool, jogging track, badminton courts, sensor locks, etc.

Thanks to technological advances, developers can easily build customized villas having amenities of international standards. Bangalore's real estate investment developers have reinvented their offerings every now and then, who have further fuelled the interest in high-end residential homes.

Region wise development of premium apartments

North/North West

A series of premium apartment projects ranging between Rs. 2 to 4 crores have already been undertaken in the sub-markets of places like Hebbal. Developers have chosen the place because of its prime location, good connectivity and ongoing infrastructure development. Numerous luxury houses have come in the location between Hebbal and Yelahanka. North Bangalore has each of the possibility to develop as the hub of premium residential homes.

South

Within the south, Bannerghatta Road has seen a blast at the in premium villas and houses priced between Rs 1.5 to 4 crores. Localities like J P Nagar and Banashankari too have seen a blast at the in high-end residential villas.



East

Premium villas attended up in the east in places like Budigere Cross, Krishnarajapuram and Whitefield Road. The purchase price ranges between Rs 3 to 5 crores. Proximity on the city's airport and extensive bus connectivity has added tremendous value to those areas.

West

Several high-end residential projects have already been launched in places like Yeshwantpur and Dr Rajkumar Road. Due to existence of several retail chains and hotels, demand for villas readily available places have shot up dramatically.

As of now, there are many luxury home units in the city at various stages of planning and construction. Worth of luxury homes in Bangalore is significantly higher in comparison with other metros in India. The conducive real estate scenario inside the city will further propel the demand of excellent housing in future.

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