Even when real estate India was facing a slowdown the real estate in Bangalore was resilient. Huge job opportunities and infra development has made sure that real estate Bangalore never faced a slowdown. Infact on the contrary some place saw a huge price appreciation. Apartments in KR Puram have given a huge price appreciation in the last few years. Apartments in KR Puram has become popular choice among investors and end-users alike. In the past two years flats in KR Puram have given a price appreciation of about 40%. The average prices of flats in KR Puram were approximately Rs 5,900 per sq ft in 2015, whereas in 2013 it was just Rs 4,252 per sq ft. Real estate experts recommended investors to hold on to their apartments in KR Puram as price appreciation here will be much higher than the city average.
Apart from flats in KR Puram other popular areas in real estate in Bangalore are CV Raman Nagar, Hennur Road, Marathahalli, Bannerghatta Road, Electronic City, Kanakapura Road Hoskote, New Tippasandra, Rammurty Nagar, Whitefeild, Outer Ring Road, etc. Real estate Bangalore has long attracted investors from all across the world.
The city is also witnessing a lot of other development such as Outer Ring Road, Peripheral Ring Road and extension of Namma metro are also expected to fuel the real estate Bangalore. Compared to real estate India the real estate Bangalore is doing well as affordability and end-users define the market. With borrowing rates coming down it is expected that the real estate Bangalore will see a further rise. Unlike other parts of real estate India the properties here are still very much affordable by end-users. Although experts don't deny the existence of investors but the real estate in Bangalore caters majorly to end-users. The builders too enjoy the high absorption rates.
The developers offer various types of properties from penthouses, row houses, villas to flats and apartments. One can buy affordable flats to plush ultra luxurious apartments in a posh neighborhood. Real estate in Bangalore offers plenty of options to all. If one is looking to buy a steal deal he will have to invest in an under-construction project in the city. End-users might want to invest in ready to move in properties as they would prefer to put aside possession delay problem as they would don't have to borne the double whammy of rent and EMI.
Apart from flats in KR Puram other popular areas in real estate in Bangalore are CV Raman Nagar, Hennur Road, Marathahalli, Bannerghatta Road, Electronic City, Kanakapura Road Hoskote, New Tippasandra, Rammurty Nagar, Whitefeild, Outer Ring Road, etc. Real estate Bangalore has long attracted investors from all across the world.
The city is also witnessing a lot of other development such as Outer Ring Road, Peripheral Ring Road and extension of Namma metro are also expected to fuel the real estate Bangalore. Compared to real estate India the real estate Bangalore is doing well as affordability and end-users define the market. With borrowing rates coming down it is expected that the real estate Bangalore will see a further rise. Unlike other parts of real estate India the properties here are still very much affordable by end-users. Although experts don't deny the existence of investors but the real estate in Bangalore caters majorly to end-users. The builders too enjoy the high absorption rates.
The developers offer various types of properties from penthouses, row houses, villas to flats and apartments. One can buy affordable flats to plush ultra luxurious apartments in a posh neighborhood. Real estate in Bangalore offers plenty of options to all. If one is looking to buy a steal deal he will have to invest in an under-construction project in the city. End-users might want to invest in ready to move in properties as they would prefer to put aside possession delay problem as they would don't have to borne the double whammy of rent and EMI.
Courtesy By :- http://www.artipot.com/articles/2006607/real-estate-in-bangalore-gives-huge-returns.htm
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