Within the last few years, the actual estate market has changed as drastically as Bangalore has. The living population here continues to go up, in addition to 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 all 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 few years later on, this is good news for the developing property market and upcoming areas. An investment in property in 2010 guarantees good returns for another three to five years.
Some of the finest places to get 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 a crucial and often a determining factor. Several IT parks around the city have lead to the city naturally turning right into a IT hub but also given areas a boost to grow that would have otherwise taken much longer. Residential apartments in Bangalore have remained popular in JP Nagar, Jaya Nagar and Bannerghatta Road but now even Kanakapura, Sarjapur Road, Whitefield, CV Raman Nagar, Hebbal, Whitefield, KR Puram, Electronic City and Yelahanka have joined the clique. Of those Hebbal and KR Puram show tremendous potential of growth with the former close to the Bangalore International Airport and the latter close to 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 definitely view a rise in value which is why the trend of buying upcoming projects has caught on in Bangalore. Some of the very recogonized and reputed builders in the city such as for example Century Real Estate, Brigade, Mantri, Total Environment and Nitesh Estates have dwelled years into expanding their portfolios and covered a number of projects from commercial to residential. Century Real Estate in particular boasts of an unbelievable quantity of residential projects across Bangalore. As with most builders, their reputation precedes themselves, and Century’s reputation goes back over 40 years when it was established. It slowly but steadily has built its projects in key areas keeping in mind the different needs and preferences with this cosmopolitan city.