Posted by Rapidly growing IT industry and a rapidly growing number of high net worth individuals and movement of expatriates have been responsible for the growing and robust real estate market in Bangalore gated community villa plots in bangalore.
The proposed infrastructural projects like peripheral ring road, signal free ORR, metro rail monorail etc have further lifted the expectations of investors. Added to this is the dream of developing north Bangalore as the Greater Bangalore which goes against the global grain of making the south of any big city the best part of that city. This is exemplified by the landside development at KIA, ITIR in Devenahalli, Aerospace SEZ, etc, will attract further investments like projects near sarjapura
Rushing Residential Sector
Bangalore market has so far witnessed lowest capital value appreciation compared to other metro cities. This trend has improved the buyers’ sentiments resulting in good absorption rates. Decrease in unit sizes, launch of affordable housing in the peripheral localities are expected to encourage buyers’ sentiment and thus match affordability.
Micro-markets of Whitefield, ORR, Sarjapur Road and Bannarghatta Road have high residential inventory, while those of Bellary Road, Kanakapura Road and Tumkur Road are building up inventory from the recent past sites for sale near sarjapura road.
Bangalore has all along remained an end-user driven market right from the days of being a ‘Pensioners’ Paradise’, as opposed to other metropolitan cities which are mainly driven by speculative investments. This uniqueness of the market provides the opportunity to hedge a portion of an investor portfolio’s down-side risk.