India's 3 Hottest Cities for Luxury Housing Investment - Page 4

India's 3 Hottest Cities for Luxury Housing Investment

By siliconindia   |   Thursday, July 4, 2013   |    4 Comments

BANGALORE

According to a recent report by Knight Frank, Bangalore retains the tag of affordable housing market with 77 percent of its total under construction units priced below rs5 million.

Unlike other cities, Bangalore’s realty market offers variety of property options to fulfill buyer’s requirement. The vibrant nature of Bangalore’s real estate market and the stable property prices make the city one of the leading real estate markets in India. The city’s real estate sector experienced stable market situation even during the economic crises that occurred in 2009. The city has huge potential considering the economy and infrastructure as it is an IT hub and hence investors are capable enough to make high investment on property, which has transformed Bangalore into robust real estate market of the country.

In Bangalore’s prime residential localities, the property prices under luxury category range from rs20,000 a square feet to rs30,000 a square feet.

Also Read: Mumbai Retains Tag of 'Unaffordable Property Market'

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