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Bangalore Real Estate List | |||||||||||||
Real Estate Industry
– Bangalore
In today’s fast track life the rapidly changing life style of people and growing economy of the country has opened several new dimensions for the investors. With rapid industrial development, the need for an enhanced modern technique infrastructure and improved life style of people has brought a boom in the real estate sector. The pace of the sector is further accelerated by a growing trend of financing schemes offered by the market players in the finance industry. The industry has become a highly magnetized segment for the investors. With improved strategies and plans the real estate industry today is characterized by a highly profitable business. The industry has experienced a high growth rate not only in the residential and office property market but also in the retail activity. The market data statistics reflect a high growth rate of real estate sector over the years. The home financing is one of the most dominant activities in the real estate sector because going for a real estate investing gives back the investor a solid asset that can be converted into a really profitable factor. Bangalore, the IT city of India, has registered a high industrial growth in recent years created a high potential market for the investors in the real estate sector. The infrastructure consultancy has become a highly profitable concern in the city and the sector is able to attract a number of real estate investors from all around the globe. The total investment in the real estate in Bangalore is increasing with a drastically high pace as it witnesses construction of various modern trend shopping malls and other high infrastructure building across the city. There are a number of big and small market players registering a consistently growing profitability over the years. Today the real estate market in Bangalore has become a highly attracting destination for a number of high profile investors. Space selling, brokerage, consultancy and other similar activities are the dominant aspects of the real estate sector. Though listing all the market players within the real estate industry of Bangalore is not possible in a short spell of my writing I however will try to include some leading players in the industry. The industry has witnessed a growing global investment with a number of foreign investors participating the real happening in the real estateof the city. Thus it has become really important to mention that while describing the real estate, we are more of a global concern rather than being local to a particular geographical area. One of the well-established players in the real estate market in Bangalore is the Brigade Group. Starting its operations in the city back in the year 1986 as a developer, the group has become highly recognized player with its head quarter located at the centre of the city. The buildings developed by the Group are characterized a number of enhanced features like advanced fire protection systems, security systems etc. The modern techniques such as integrated building monitoring system and other features incorporate a significant chapter to the profile of the group. While developing a building for residential or commercial activities the Group closely analyses the environmental aspects associated with the construction of the building. The systems like waste recycling and rainwater harvesting are the reflection of their expertise in the sector. Nitesh Estates, another major player in the sector, which is conducting its operations in various cities including Bangalore, has attained a highly reputed position in the Banglore real estate industry. In recent development, the company has signed an agreement with US-based Siachen Capital to increase its investment in Banglore real estate sector in India. The company has planned to invest $ 30 million in residential, commercial and townships in Bangalore. The agreement is a clear evidence of the growing interest of foreign investors in the real estate sector of India and the industry expects a high pace growth in foreign investment in coming few years. The Nitesh Estates has also planned to invest more than 700 crore to develop high-end residential and commercial properties in various cities of India including Bangalore. Gopalan Enterprises, founded in the year 1984 by Mr. C. Gopalan, has a track record of developing the finest residential apartments in Bangalore. With an objective of building high value spaces for its potential customer base, the company has made a considerably high investment for the development of high technique residential properties in the city. The quality of infrastructure and convenience of the customer has remained among the primary goal of the enterprise since beginning. Through its well-planned strategies the Gopalan Enterprises is able to implement successful the concept of "Ideal Home" developed by it to satisfy its customers to a greater extent. The Gopalan Enterprises has a proud record of completing more than 35 projects successfully in the city. Maangalya Developers, a part of Singapore-based NRI Group, is involved in property development at a large scale in Bangalore and Chennai. The group has planned to introduced shortly a project in Bangalore offering 176 exclusively apartments on Bannergatta Road whereas it has planned a planned a residential villa project at Whitefield with nearly 48 world class independent bungalows. The project is expected to develop bungalows high-end customers. Exceptional performance, well-managed professionalism and unique services in the industry have made the Sreeja Fantasy, another major player in the industry, a highly profitable entrepreneurship. Though initially the company was not able to achieve a significant growth rate, now the market statistics for Sreeja Fantasy is changing drastically reflecting a more successful mechanism in the Banglore real estate sector. With an exceptional experience of more than 10 years the J R housing Developers Pvt. Ltd have successfully completed two major housing project recently and the industry growth rate acquired by the company in recent years is really encouraging. With a track record of delivering more than 2500 sites to customers all over India and abroad the company is able to provide a great satisfaction to its customers. The Managing Director of J R Housing Developers Pvt. Ltd., Mr. S. Jagadiswara Reddy is attributed to be basic brain to provide such high degree acceleration to the company. Mr. Reddy is also the Vice President of Karnataka Land Developers Association. |