siliconindia | | September 201919The most renowned American poet Walt Whitman once quoted "A man is not a whole and complete man, unless he owns a house and the ground it stands on". Today, the true manifestations of this statement stand Indians who have been on a roller coaster ride of purchasing homes for nearly a decade. Clearly, housing sector has been at the acme of the Indian real estate sector, when compared with its other cornerstones like commercial, hospitality and retail. Experiencing a dynamism and growth par excellence post the implementation of RERA, GST and demonetization, the real estate space in India is projected to reach a large market size of $1 trillion by 2030. Especially at the IT hub of India, Bangalore, it is quite evident that the influx of millennial workforce has contributed volumes to the growth of its real estate market, be it in terms of housing, commercial, hospitality or retail sub-sector. The housing bracket in this city is predominantly steered by the IT professionals who are in the dire lookout for luxurious yet affordable living spaces. No wonder, the overall housing sales at Bangalore has increased by 80 percent in the first quarter of 2019 against the same period in 2017. Further, it has been observed that Sarjapur Road, Hoskote, Kanakapura Road, Mysore Road, and Whitefield stand as the major markets for affordable housing at Bangalore. On the other hand, its commercial bracket is also witnessing huge growth due to the rise in entrepreneurs and their startup companies. In fact, Bangalore is well acclaimed as one of the fastest growing startup hubs in India with almost 7,700 registered startup companies. Leaving no stone unturned, Bangalore's real estate landscape is soaring high towards its apex, primarily backed by the shift in choices of commercial as well as residential buyers along with a horde of investors. Besides, key developments such as smart homes, shared office spaces, lease term extensions, affordable housing, co-living, senior living, and many others stand as the guiding lights of both commercial and residential brackets. Clearly, Bangalore silhouettes as one of the largest hotspots for real estate development in Karnataka with an environment that his highly conducive.Backing this fast-paced real estate market of Bangalore is its well-experienced horde of builders with the right systems and disciplined processes to address the ever-evolving needs of customers. They stand as the linchpins behind the fabrication of variegated buildings across all the sub-sectors of real estate market, while exemplifying industry experience, expertise and strategies par versatility. In view of honouring these industry mavens, siliconindia has come-up with its new edition of `siliconindia Real Estate Awards, Bengaluru 2019'. Post meticulous research and detailed analysis, a distinguished panel encompassing siliconindia Editorial Board and real estate experts have compiled a roster of the best real estate developers in Bangalore highlighting the excellence of their award-winning projects. This edition in fact casts light on the noteworthy contributions of these developers towards the growth of the Bangalore real estate market, besides portraying their fortes in benchmarking quality, design, architecture, amenities, technology, and many other facets. Furthermore, a spectrum of real estate trends and advancements are also beautifully assimilated in this edition, thus fostering developers, buyers as well as investors to make great strides towards the prosperity of Bangalore's real estate market.
< Page 9 | Page 11 >