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Bangalore Real Estate India | |||||||||||||
The real estate in India has been focused to the Silicon Valley, Bangalore. “Going to India” talks about going to Bangalore of course. The crowd of global IT centers attracts people to come to the city. People think to be a Bangalorean and are planning to buy a house in an apartment, in a single plot in their choice of locations. The demand goes on with the industrial revolution in the city and outskirts. Because Bangalore knows business, it is a nerve center and is a global destination. It cannot be stopped by any reason. The IT centers are playing the key roles in this context. The redial expanding Bangalore keeps infrastructure and property development proportionately to the people and business growth. The IT belts of Bangalore city are forcing the estate companies to go more and give the business tycoons their necessary infrastructures and a combined growth. The employees of IT companies demand for more houses, commercial complexes and recreational centers. The real estate groups have to go directly proportional to the business growth in the city. So they keep investing on constructions, and area improvements to meet the demand. The public properties like the watersheds, roads, bridges, bus stops, railway stations, rail tracks, air ports are also standardized to make a meaning full global destination. The north and east Bangalore are going comparatively thicker with the work and life. These two directions are very strong on many fronts. The east has become focus point by IT sector and in north international airport and civilian establishments are making a impact. The outer ring-road keeps a touch to these two areas as well as to the entire Bangalore city. This ring-road is also a touching point of inter state and inter cities. People have money; they are earning for an easy life, long term planning for establishment, settlement and fulfilling dreams of luxury and a different lifestyle. They want to shop better, eat better; entertain better to enjoy their life. So for each dream insists for making of better the infrastructure and its availability. The builders and real estate groups can understand the wants from the people. And the trend goes up. The level of infrastructures is coming up with metro rail services, arterial on ring-road, multi lined roads etc. The Expansion: There is an industrial expansion going fast in Bangalore city and outskirts. The industries including IT, manufacturing, small scale industries are the business going on. The expansion is being going along with the business establishments. Bangalore is such an inland city having redial out-routs towards the inter cities and inter states. So the business attracts the outsiders for an easy access. The real estate business is also expanding carrying the responsibility of infrastructures growth in Bangalore. The Invest Point of View: People are keeping investments on real estates for present and future prospects. This is a good investment compared to other in banks, bonds etc. Especially, an investment in Bangalore real estate property returns a higher amount than a bank. The return is 6% compare to 3%, 4% in other cities and abroad. The maintenance, taxation, insurance are lower than other cities in India as well as in abroad. The choice of purchasing a real estate property is increasing in people’s mind with their income sources and luxury. Bangalore has proven its potential to the world attracting to the giant companies and giving them the best platform in India. When a company wants to come in to India the attention goes to Bangalore city only. The world ruling industry: Information Technology has the base station at Bangalore. Besides IT, Business Process Outsoaring units, Small and Large industries are also possessed their place in Bangalore. Well communications, Educational environment, Health centers and hospitals, Research centers, IT base centers, Defense establishments, Human resources, National institutions, Entertainment sector, Natural resources, the weather, atmosphere, agriculture, culture etc. attract people for an establishment in Bangalore. The land marks and famous industries such as International Technology Park (ITPL), Electronics City, Hindustan Aeronautics Ltd. (HAL), National Aeronautics Laboratories (NAL), Hindustan Machine Tools, City shopping malls, well tracked roads are distinguished attractions towards Bangalore. And the real estate groups are only responsible for providing such amenities to the people. The Infrastructure Reflection: If you observe the style and the technology in constructions of building in the city, you can make out the standard is being internationalized. The decorations in the buildings, apartments, commercial complexes, office complexes, big towers are technically designed and developed. The research and application is also seen in the estate buildings etc. These attract western and eastern business setup in India i.e. Bangalore. And the real estate groups take care of their setup and such things. The real estate services: The type of services provided for people giving a space in Silicon Valley. The services are professionally as well as personally. Both the customer is real estate companies are satisfied with the standard of the property and services. The global knowledge is not hidden at means in this business. The companies are very much concerned to the customers needs. Commercial: The companies provide properties along with the consultation. They provide properties such as modern buildings, office spaces, factory spaces, commercial complexes, retail spaces and showrooms etc. Industrial: Based on the present trend real estate companies provide spaces in special areas for industries. The services are mean for the industry setup areas, like Peenya Industrial estate, Rajajinagar Industrial estate, Bommasandra Industrial estate, etc. Residential: By the growth of business, government offices, corporate centers, foreigners established, Bangalore goes thicker by population. The people need houses to stay. So there are some residential areas where people prefer to stay. The posh residential areas of Bangalore are considered with the presence of geood environment, well communications and livelihood atmosphere. The areas are Whitefield, Koramangala, Indiranagar, Jayanagar, JP Nagar, Sadashivnagar, Mallya road, Vijaynagar, BTM Layout & mainly south of Bangalore. The Future: The rate of development, technology applied, systematic services and market of real estate conveys the success in the city. The planning and managements are more dynamic than before. Within no decade the city map may be distinguished with different shape. |