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What Kind of Real Estate Should One Go For in Bangalore?

real-estate-marketBangalore has been ahead of most South Indian cities and marginally ahead than its rivals Pune, Hyderabad and others. The difference between Hyderabad, Bangalore, Pune and others is Bangalore has never faced any serious opposition with regard to special economic zone. Bangalore itself has fantastic weather to work with. Added to that transport and other available infrastructure are at par with international standard, if not more. It is just like a miniature India with a digitized facelift. Often it is said that Bangalore includes the best professional brains in India in the corporate domain. Political interference and other perennial Indian problems are minimal, giving much respite to the foreign counterparts.

At present if anyone looks at housing.com search domain, one can easily find it out of late there has been frequent search of real estate properties with a budget of around 90 lakhs. This is of paramount importance as it shows that NRIs and professionals coming from abroad are considering Bangalore to be their next destination. Thus one can easily notice rise in price of property in Bangalore has been a trend. But of course there are certain aspects which are to be kept in mind, especially as far as Bangalore is concerned.

Due to these favorable to business development reasons Bangalore is undoubtedly considered as the most attractive place to buy property in India, as well as in the whole Asia. Because of the developing business sector, the prices for private and business property in the city have increased by 50 per cent. The demand for new residential projects is rather huge due to the increased amount of job hunters, who are coming here looking for more beneficial positions opened in the city and demanding satisfactory habitation conditions. Because of such a rapid development of private and business ventures, Bangalore has a chance to become the major place on the Earth with the biggest population.

Bangalore and real estate

Before going for real estate property in Bangalore, certain aspects are to be kept in mind. First and foremost it has to be close to the commercial zones. Otherwise for the smart IT professional who would opt to buy such a property with high budget would be at loss as far regular transportation is concerned. Side by side it has to be kept in mind whether good approach roads are available or not. Otherwise in time of traffic congestion it would take huge time to recover.

While buying the real estate property there should be a backdrop plan to see that future constructed building would definitely have good floor plan with natural lighting. Power back is another important aspect to cared and buyer needs to look at whether the concerned real property has regular uninterrupted supply of electricity. Utility space is a new concept and certainly can’t be regarded at the present context. Thus a high budget real estate property in Bangalore has to have ample utility space. Car parking and other facilities’ has to be there, certainly it implies that the concerned real estate property should have ample opportunity to avail of such.

Conclusion

Be it Indira Nagar or Marathahalli or Whitefield or other places, Bangalore indeed presents plethora of opportunities in the high budget real estate property domain.

A post by Ryan Kh (406 Posts)

Ryan Kh is author at LeraBlog. The author's views are entirely his/her own and may not reflect the views and opinions of LeraBlog staff.
I'm Ryan, a business graduate with specialization in finance and marketing. After receiving bachelor degree, currently I am pursuing my master degree in IT cause I believe IT skills are very important in the contemporary business world. I'm passionate about writing stuff and blogging on Business / Tech / Marketing (like strategic decision making and digital business strategy) to intensify my skills.

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