The Indian real estate market went through a lot of ups and downs in the year 2014; however, nothing could stop it from growing or at least moving further. Things started to change in the beginning of 2015 and with the formation of the new government policies were inclined towards the growth. Attention to small residential projects and widened path for FDI inflows are some of the growth factors that went visible.
The benefits were very well reaped by cosmopolitan cities and one such city is Bangalore. The city is already riding high on the success of its residential space and a high rate of expat entry in here. The city has become an ultimate destination for young buyers, foreign investors and expatriates. These data have already created the much needed curiosity here. Let us have a look at Bangalore’s real estate scenario:
Bangalore: The Real Estate Scenario 2015
The current scenario visible in the real estate market of Bangalore looks quite favorable and optimum for both property buying and long term investments. Bangalore has topped several surveys and county-wide polling programs in terms of livability and an excellent standard of living. There are a number of localities in Bangalore that are high on real estate activities and offers favorable opportunities to the investors and end-users who are thinking about buying or renting a property. One such emerging locality is Kasaba Hobli. Let us explore the area and highlight some of the prominent projects stationed here:
Kasaba Hobli: Locality On the Wish List
If you are planning to book a home in the northern part of Bangalore then going for Kasaba Hobli can be the best deal of your life. The locality has managed to fight the odds and emerged as one of the favored home buyer’s choice. The residential projects so far stationed here have been known to offer perfect conditions for the allotees to dwell.
Apart from, this connectivity and transportation systems are two factors that are luring for the investors.
Here are some benefits associated with the region:
- Well-connected to others parts of north Bangalore
- Proximity to bazaars and malls
- Well-connected to airports and railways stations
- Proximity to IT hubs and tech parks
Owing to the location benefits have compelled the builders to station more and more residential projects in the locality. Here are some of the projects that buyers can have a look at:
- Abodh Valmark
Abodh Valmark is a residential complex that is offering beautifully designed ready-to-move apartments in one of the favored regions of northern Bangalore. Built across a sprawling area of 2.9 acres, the township is offering well-laid 2 and 3 BHK apartments that are spread across in more than 200 units. Abodh Vakmark will be offering necessary facilities and world class amenities that will appeal to the buyers of varying age groups.
Amenities that are available for the buyers are:
- Club houses
- Children’s play area
- Open space
- Meditation centers and much more
The apartments at Abodh Valmark are available within a price range of Rs. 60 Lakhs to Rs. 90 Lakhs.
- Mittal Palms
Mittal Palms is a residential project that will open up soon in the northern part of Bangalore. The 2 and 3 BHK flats will be offered with required amenities and will be available within a price range of Rs. 78.54 Lakhs to Rs. 79.64 Lakhs.
Before We Go
Bangalore and especially its northern part, is one area that has turned into a new place altogether. Amongst all the highlighted regions that have managed to taste realty success, northern Bangalore is the one that is attaining a high stature as the time goes by. So, the buyers shouldn’t wait for long and make the best of the time and the investment scenario in the region.