Is Bangalore a hot pick for real estate?

Many people is discussing downsize in the real estate business. There are potential number of deals, rejected or are not closed down at the last moment at places like Chennai, NCR and Mumbai but the distinction of the Buy Property in Bangalore is that during this gloomy environment the market is performing exquisitely well. There is a huge transit populace, which is choosing to settle down in Bangalore.Let us check out the places where top residential projects in Bangalore are located-

North Bangalore- The northern part of Bangalore is going to experience rampant growth. The major contributors of growth of this area are proximity to the airport and easy connectivity from other parts of the city. These factors are making north Bangalore a good option for the homebuyers to invest in property here. East Bangalore- Some people feels that the growth process in the eastern Bangalore is completely exhausted. However, in this area few construction activities are still going on. Areas like Whitefield and Sarjapur have developed excellently in past few years but there is scope for development activities further. Other areas in this part of Bangalore are –Varthur Road, Kadugudi and Hosekote.

South Bangalore- South Bangalore is relatively a quiet portion of the city. There is greenery and parks available in the area. The appreciation in this part of Bangalore is much less but undoubtedly, the quality of life of high standards. The veteran population of Bangalore still loves to live in Southern part. The major areas that are attracting buyers’ are- Bannergatta and Kanakapura road. Central Bangalore- Central Bangalore is more of a commercial area and has better prospects as a business hub.Western Bangalore- The western part of the city is commercially very well developed. However, few options are still available for construction such as areas 'Magadi Street' where there is huge scope for investment.

Bangalore being the Silicon Valley of India provides large-scale employment to many young professionals. This is a reason why there is growth in luxury flats in Bangalore. For all the employed professionals and local people, the real estate has become a requirement. Hopefully, it will push substantial demand for properties in the market.