Bangalore: A Realty Hotspot and a Home Buyer’s Delight

The year 2014 was not a favorable year for the Indian real estate sector but with the beginning of 2015, things started to change and surged growth numbers were tracked. The new government policy widened the path for FDI inflows and the new real estate regulatory bill changed the way the industry looks and operates in the recent times. Amongst the cosmopolitan cities in India, Bangalore is one city that has changed over a period of time and has proved to be an ultimate destination for the young buyers and end customers.

Let us have a look at Bangalore’s real estate scenario:

Bangalore: The Real Estate Scenario 2015

The current scene visible in the real estate arena of Bangalore is riding high on the success of a high migration rate, interested investors, industrialization and strong customer sentiments. There are localities in Bangalore that have seen a notable growth figures and there are many that are gradually climbing up the stairs. The government and concerned builders’ association have decided to promote affordable housing schemes and infuse them with comforts and amenities.

Let’s discuss some of the highlighting residential projects in one of the hottest regions of Bangalore, the southern region.

Hennur Road: A Buyer’s First Choice!

If you are looking out for a home in the southern part of Bangalore then choosing Hennur Road can be the best deal of one’s life. The locality has received rave reviews from the allotees and the buyers who have invested in the property in the past. The residential projects built across Hennur Road are known to offer a number of location benefits and connectivity advantages to the people residing there.

These two aspects are lucrative enough to pull in a lot of buyers and investors from different spheres of life, culture and parts of India. Here are some benefits associated with the region:

1. Well-connected to others parts of Bangalore, located in the south

2. Proximity to bazaars and malls

3. Closely located to essential utilities, such as banks, hospitals and banks

4. Well-connected to the Pheripheral ring road, new international airport road

5. Proximity to Maniyatha tech park and Outer Ring Road

There are other location and connectivity benefits that one can reap from being a part of any realty space stationed across Hennur Road. These are some of them that are listed and there are many more that can be explored here.

Here are some of the projects that an elite can have a look at:

1. Raaga by Kolte Patil

Kolte Patil Raaga is one of the upcoming ambitious projects that is soon to be open for possession in the northern part of Bangalore. The residential complex will be offering beautifully designed 2 and 3 BHK apartments built in a total of 590 units. Kolte Patil Raaga will have all the necessary amenities and few dedicated facilities that will manage to gain the much-needed attention of the buyers in the region.

Amenities that are available for the buyers are:

· Club houses

· Children’s play area

· Gymnasiums

· Open space

· Meditation centers and much more

The apartments at Raaga are available within a cost range of Rs. 44.78 Lakhs to Rs. 51.41 Lakhs.

2. Chrysolite by Vineyard

Vineyard’s Chrysolite is yet another residential project that will open up soon in the magnum city of Bangalore. The 2 and 3 BHK flats will be offered with desired amenities and will be available within a price range of Rs. 42 Lakhs to Rs. 60 Lakhs. The residential complex is built across a sprawling area and will offer more than 70 units. The amenities have been offered keeping in mind the dynamic needs of the buyers.

Before We Go

Bangalore is one city that has turned into an international city sort of after fighting several economic and social battles. Amongst all the highlighted regions that have managed to taste realty success, northern Bangalore is the one that is attaining the similar stature with the passage of time. So, the buyers shouldn’t wait for long and make the very time ripe and favorable enough to nail a deal here.

Akshay K Kumar is into writing articles and blog posts that covers latest buzz & news and projects’ descriptions in the Indian real estate domain. His latest article gives an insight about Bangalore real estate market, emerging localities and some of the hot residential projects like kolte patil raaga, vineyard chrysolite etc. for the elite. For more information, reach her at akshay7454@gmail.com

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