Economic liberalization heralded a dramatic change in the character of Bangalore from a quiet retirement city to a vibrant metropolis. The city was quick to shed its laidback image and wholeheartedly embraced a new and cosmopolitan culture and modern mindset. The IT industry took deep root in the city, bringing it to the attention of India and the entire world.
Today, the start-up culture gripping the country has taken hold of Bangalore, firmly entrenching the city in the modern age. This has led to the availability of large numbers of jobs, attracting a new resident population from across the world. Bangalore is now experiencing phenomenal growth and development at a rapid pace and an unprecedented residential real estate market boom.
The ever-increasing number of investors in the residential real estate of Bangalore has triggered significant growth in this market. Real estate builders have been quick to recognize this interest and have moved in with their projects in various localities. Ranging from affordable housing solutions to high-end, luxurious projects, the real estate market in Bangalore has something to offer everyone.
The easy availability of large parcels of land on the city’s outskirts has spurred the development of expansive residential projects. The prevailing trend in the real estate market of Bangalore today is toward high-end residential units in these large developments. The available green spaces, superior design and construction, and world-class amenities offered at these projects all greatly attract home investors.
The exclusivity of elegant and well-developed villas in sophisticated, exclusive gated communities is luring large numbers of homebuyers in 2022. Coming a close second is luxury apartment units in residential enclaves that are replete with the finest amenities and facilities. The real estate market in Bangalore today has a multitude of residential options available to suit varying budgets and needs.
Prestige Primrose Hills launch a new apartment is Prestige Group.
