India's Top 10 Property Destinations - Page 3

India's Top 10 Property Destinations

By siliconindia   |   Wednesday, March 14, 2012   |    18 Comments

3) Bangalore:

Bangalore, the silicon valley of India, is one of the most attractive property destinations in India. The city’s real estate sector experiened 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.

Moreover, the garden city is witnessing huge growth in luxury housing segment as most of the city buyers are eager to invest in luxury properties rather than usual apartments. Considering the fact of high demand, developers are launching new projects with luxury amenities to satisfy buyer’s need. Also, the city’s real estate segment is one favorite destination for foreign investors and developers are planning their projects accordingly, to meet global living standards to lure buyers.

The demand for housing has also led to the growth of new residential hubs in suburban areas of Bangalore. For instance, the suburban areas which are growing in residential projects at a fast pace are like Bellary Road, Doddaballapur, Hebbal, Yelahanka and also in the surrounding areas of NH-7, among others. However, most of the residential projects are coming under luxury housing categories and some are based on eco-friendly theme as well.

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