A visit to India is incomplete without visiting the picturesque silicon
valley of India-Bangalore. With the Indian economy growing and opening
up to foreign investment the money has been pouring in to Bangalore as
well. Bangalore is a fast growing city and the IT hub of India.
The growing IT industry
in the city has made Bangalore a key location on the map of India. The
IT revolution has contributed to the growth of Bangalore by leaps and
bounds. The presence of global IT giants like Infosys has only added to
the opportunities that Bangalore has to offer. The IT revolution is contributing
majorly to the growth and development of East Bangalore with many of the
IT giants located here.
Bangalore earlier known as the paradise for the retired, now houses not
only those who want to enjoy a retired life but also those on the fast
track. The ever-growing demand for housing has only added to the emergence
of beautiful flats and bungalows.
When you think of buying a house and settling down, it is not only those
who belong to Bangalore but there is a list of others who would love to
be in this happening City. Even nature has been kind enough to bestow
this city with a lovely, healthy and pleasant climate. Referred to as
the City of Gardens Bangalore not only pampers you with its abundant scenic
beauty but is a self-sufficient city in terms of infrastructure, job availability,
education and all that you can think of. The nodal point of the real estate
boom in India seems to have shifted to Bangalore. The city is growing
at a very fast pace attracting billions of dollars worth of investment.
With the manifold growth in the IT sector the demand for houses, shopping
malls, recreational and infrastructural facilities has also gone up. Bangalore
has stood up to all expectations and gone on to meet this demand and has
kept beautifully with the times.
The growing purchasing power among the Bangalore population is creating
the demand for the other facilities. This growth is thus, turned this
garden city into a global destination. A city with a very rich cultural
and historical background Bangalore has also learnt to accept the changes
of the modern times. It has come to be a beautiful fusion between the
traditional and the modern. It is a very accommodating city which very
readily accepts people from all walks of life, without any discrimination
whatsoever. Once you have been to Bangalore it gives you a feeling of
belongingness. It feels as though you have been here from a long time
and the charm of the place would make it very difficult for you to leave.
It is a city where you would find your niche no matter who or what you
are.
The huge shopping malls like the Forum, Sigma Mall, Multiplexes, beautiful
parks and the ever changing skyline makes it comparable to any of the
beautiful fast growing cities of the world. Bangalore is enriched by the
presence of all the major global brands. All the world leaders in the
retail consumer segment are present here. This provides the people with
a very wide variety and range to choose from.
The growing industries here make it a very promising place for business
to flourish and thus, are attracting lots of people with business interests
to come and live in this lovely city. With IT and the industrial growth,
the real estate boom in Bangalore was not far behind. The builders are
catering to this growth by constructing beautiful flats, villas and bungalows.
It is a city where you can dream about the great things in life.
The city gives you ample opportunities to fulfill each one of your long
cherished dreams. People are buying plots and houses here not only from
the point of view of staying here but also from the investment point of
view. The demand for residential houses are both from the
local people as well
as the Non-Resident Indians(NRIs).A lot of money is coming into Bangalore
in this way thus, boosting the domestic economy. With the real estate
boom, your investment in real estate will grow faster than any investment
in banks or fixed deposits. There are a number of players in the construction
industry. The stiff competition is favorable point for the customer as
he is assured of a very competitive price and good quality. The construction
industry is keeping with the global standards in terms of designs; material
used. The services provided are very much in keeping with the choice and
preferences of the customers.
Bangalore real estate caters to all kinds of requirements. Right from
the small office spaces, factories to the infrastructure for large industries
like the Peenya industrial estate, the Rajajinagar industrial estate.
The city also has the proud privilege of housing the world renowned Hindustan
Aeronautics Limited (HAL), Hindustan Machine Tools (HMT) and the like.
Bangalore boasts of posh lovely, well-connected residential areas like
the Koramangala, Indiranagar, Mallaya road, Vijaynagar. These residential
areas have houses that are a dream come true. All the necessary amenities
and infrastructural facilities are provided that make your life easy and
comfortable.
Thus, Bangalore has come about to be a paradise city. A place where dreams
are turned into reality. The Government here has also gone a long way
in making the life of the people comfortable. Bangalore is expanding at
a very fast pace.The city is growing at such a fast rate that the areas
on the outskirts are also being included within the city limits.
Thus, this cosmopolitan city with a growing industrial sector promises
to fulfill all the claims for a comfortable and luxurious life. One of
the hottest destinations on the global map-Bangalore has truly lived up
to its name. It is thus, difficult to state whether it is the economic
growth that is contributing to the real estate boom or the vice versa.
For those who would like to make a beautiful place their home(or even
for investment purposes)-Bangalore is the answer to all your needs.
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