India is one country where you can find cities of varied stature and dynamics. It is very tough to realize one single locality that has all the key features to match your demands. It is more of a kaleidoscopic view for you as a buyer, as a businessman or a simple onlooker. However, things change when the housing demand comes in from the elite. Amongst the top-notch Indian city, Bangalore is the one that is favored by majority of rich people.
The elite populace in India majorly consists of filthy rich natives who are businessmen or NRIs who are here for some professional assignments or permanent settlement. Requirements may vary and come up from massive sources but Bangalore’s realty market is abundant enough to satiate the luxury housing needs of one and all.
If you are looking forward to investing in the upscale housing segment of Bangalore; here are top 3 localities you can look forward to:
The scripting of Whitefield’s development story started way back in the year 2000. A major IT revolution stirred Bangalore and it was Whitefield that experienced the initial thrust. The industrialization turned over a new leaf for this locality and today is recognized as one of the most sought after real estate destinations in India.
The plush residential apartments in Whitefield is eyed upon by the elite and NRIs who wish to stay in posh areas that has proximity to all the desired facilities.
Few advantages associated with the locality:
- Recognized international schools and global universities have been stationed here
- The locality offers superlative connectivity to various business districts of Bangalore
- Influence of IT hubs has boosted the social as well as physical infrastructure. This has surged the percentage of foreign investments in the locality.
- There are a number of options comprising, gated communities, independent houses and villas in Whitefield. The buyers have a slew of options to choose from
- Sarjapur Road
Real Estate developments are growing up around Sarjapur Road, gradually. The locality is considered to be one of the most promising residential micro-markets in Bangalore. The prices of the real estate spaces built in the area have surged by 6 per cent during the last five years. However, along with the raised prices, the real estate arena here has also offered some of the plush residential spaces to dwell in. Villas, row-house developments and high-end residential property are most active with in Sarjapur. The residential choices in the region is sensitive in terms of amenities, product quality and unit sizes
Marathahalli is one of the well-managed areas in Bangalore. The cost of living offered here is of a very high standard and the populace residing here is mainly young. The property prices here are higher as compared to other localities but this is nothing in front of the housing option that is offered here. Marathahalli has close proximity to major IT hubs and industrial areas, which is why the residential hubs nearby are majorly occupied by professionals or expatriates who are here for work or better life.
There are other key features that make the locality a favorite amongst the elite:
- Proximity to commercial hubs
- Better connectivity due to the ring road
- Beautiful villas and independent houses for buy/rent
The ‘Garden City’ of India has grown big to become one of the most developed cities of India. The localities have emerged as more developed and big in terms of infrastructure. If you have a high purchasing power and aim to buy independent houses then Bangalore could be the best deal of your life.
Vineeta Tiwari is a keen writer on Global Economy and Realty market. She has written articles on Global realty market and ongoing trends and tips for investors. An ardent reader, she is happy to pen down research based write-ups for global audience. Currently, she is professionally associated with popular realty portal, 99acres.com.