Monday 13 October 2014

Reasons why Apartments in North Bangalore are in High Demand

Bangalore or Bengaluru is the state capital of Karnataka and is ranked as one of the most attractive ultra modern cities of India. It is the fifth largest metropolis of India. Bangalore is the center of tourist attraction with its numerous gardens, palaces, monuments and its pleasant climate. It is here that all the IT companies are based. A lot of tourist and job seekers visit the place. The city is amongst the top and most preferred of the entrepreneurial locations around the globe. Bangalore holds immense potential in terms of reality development. Apartments and residential houses are in high demand in Bangalore.

Apartments in North Bangalore are in great demand as this fall in areas like HRBR Layout, Kamanahalli, Banaswadi, Hebbal, Hennur, HBR Layout, Peenya Industrial Ares, Sanjeevani Nagar, Jalahalli, YeshwantPurJakkuretc. The improved infrastructure in this region, its contiguity to Bangalore International Airport Limited (BIAL), the IT companies and overall enhanced connectivity helped north Bangalore crystallize into a much-sought residential destination.

The Hebbal-Devanahalli stretch is a premium residential area in Bangalore. Apartments in North Bangalore area are coming up with all kinds of facilities to meet the needs of the growing demand of its clients, like fully and semi furnished posh flats with all modern amenities like: spas, pools, shopping areas, parks, recreational area, etc. There are the different types of budget flats too to meet the needs of the normal middle class clients. Most developers are of the opinion that this place has the potential of becoming Greater Bangalore in a few years maybe even within the next three-five years.

Single bedroom houses for rent in Bangalore are in high demand. This is so because of the extremely price sensitive clients. The factors they look into while taking a house on rent is the location, the commutability to place of work, school. Basic amenities available in the house like cupboards, fans, lights, water and distance from the main road accessibility to the basic amenities, etc. People choose to stay in single bedroom houses as it is cost effective and economical.

Bangalore is amongst the fastest-growing city in India since the last few years. Growth in the IT sector has been the main factor which led to this aggressive real estate development in the city. Touted as the Silicon Valley of India, Bangalore has a multi-cultural population with International level educational institutes, good social infrastructure, and rapidly upgrading physical infrastructure. Hence the demand for apartments and houses are never ending. . It is rather difficult to get a single bedroom house for rent in Bangalore compared to two BHK houses, hence the demand too. It’s a real estate boom in Bangalore as realtors are competing to meet the extreme needs of the growing clientele.