In recent years, Bangalore, also called the Silicon Valley of India, has developed rapidly. City lifestyle, demographics and employment opportunities attracted people from all over India. It also increased the need for luxury apartments in good locations. Clients not only view these homes as an asset, but also as a change that offers an enriched lifestyle.
Luxury in luxury apartments in Bangalore
In the past few years, the Bangalore property market has experienced a surge in luxury homes. These houses are primarily focused on people with a high level of equity, and therefore real estate developers focus on luxury villas and ordinary houses, equipped with all the modern amenities.
Profitability is the main reason why developers join premium premium homes. Prices for these houses range between Rs. From 2 to 12 crores. Homes are not only large in terms of square feet, but also have additional benefits such as Wi-Fi, a swimming pool, a jogging track, badminton courts, sensory locks, etc.
Thanks to technological advances, developers can create individual villas that meet international standards. From time to time, Bangalore developers invented their proposals, which further fueled the demand for elite residential buildings.
Moderate growth of premium apartments
North / North-West
A number of projects with premium apartments ranged from Rs. From 2 to 4 crore were spent on sub-fish of places like Hebbal. The developers chose this place because of its excellent location, good communication and infrastructure development. Numerous luxury houses appeared in the area between Hevbal and Elahanka. In North Bangalore, there is every opportunity for development as a center for elite residential buildings.
south
In the south, Bannerghatta Road saw a surge in premium villas and houses worth between 1.5 and 4 crore. Local communities, such as JP Nagar and Banashankari, also saw a surge in luxury residential villas.
East
Premium villas went east in places like Budiger Cross, Krishnarajapuram and Whitefield Road. Price ranges from 2 to 4 rupees. The proximity to the airport of the city and the intensive connection to the buses added tremendous value to these areas.
west
Several luxury residential projects were launched in places like Yeshvanpur and Dr. Rajkumar Road. Due to the presence of several retail chains and hotels, the demand for villas from these places has increased dramatically.
At the moment, the city has a lot of luxury homes at different stages of planning and construction. The cost of luxury homes in Bangalore is much higher compared to other metros in India. The competitive scenario of real estate in the city will further bring the demand for high-quality housing in the coming days.
