Unrivalled Demand for Villas in Bangalore

Unrivalled Demand for Villas in Bangalore

By siliconindia   |   Tuesday, September 23, 2014   |    3 Comments

Bangalore, the silicon city of India has grown leaps and bounds and it has its own definition of lavish life because of the rapid development of high living standards, people are getting more inclined towards affluent lifestyle, thus the demand of opulent lifestyle is on the crest. Last year Bangalore property market has seen a spurt in luxury offering.

Most of the people prefer Bangalore Villas as a place for comfortable and peaceful living with a blend of substantial amenities. Among the residential property, villas have unsurpassed demand in Bangalore as villa gives more privacy and autonomy and it is classier and spacious than flats and apartments. Moreover, it gives a feeling of having an independent home, which gives more convenient than flats.

Even though there is a drop in real estate sales still there is a huge demand for affordable housing and luxury housing in Bangalore. Substantially, the demand of the villas has picked up. Villa project inclusion has been moderate in Bangalore. The Villas in a price range of rs 7.5 – rs 9.5 crore saw rising absorption and this boosted the confidence in developers. Hence many reputed builders have entered into the market with high-end villa projects. These villa projects in Bangalore are sited more as lifestyle statements. Last year, Bangalore market witnessed the launch of 13 luxury villa projects and during the second half of last year, 6 villa projects were launched, it comprised of 588 units with an area of 2.2 million sq ft.

The location, amenities offers and pricing have the utmost impact on demand of villas. Demand for villas in Sarjapur, Whitefield especially in North Bangalore is growing up due to proposed infrastructure development and propinquity to the International Airport. The value of villas in Bangalore is comparatively high as compared to other cities in India. The trend of increased demand of luxury housing in Bangalore is expected to continue in coming years.

The number of property builders who are launching luxurious villa projects is limited and they were witnessing a robust sale and few reputed developers are intended to implement such projects. Here is the list of few recently launched villa projects in Bangalore.

Property Option In Bangalore Within 15 Lacs

hebron stone viewHebron Stone view : Hebron Lexuz stone view is an integrated gated community project of villas which was launched by Hebron Properties Pvt. Ltd - south India’s leading developer and promoter of villas, apartments and commercial properties with decades of experience in real estate. This plotted development is located in North Bangalore, surrounded by landscaped gardens and spread over 20 acres with all the world class amenities. The gated community is BIAAPA approved and has 202 sites with different sizes. The project consists of 3 BHK and 4 BHK Villas of the area around 2100 sq ft to 240 sq ft.

Location advantage:

Just 10 kms away from Yelahanka railway Junction

21 kms away from Columbia Asia Hospital

Just 4 kms away from Stone hill International school

16.5 kms away from Bangalore International Airport

Nearness to IT Hub Manyatha Tech Park

15 minutes drive from Hebbal Lake

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