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Housing Projects In Banglore

 

Bangalore which is known as the IT Hub or Silicon Valley of India was known for grooming the techies of the country. But Bangalore is now known for more than just that. It has become a favorite real estate destination for hundreds of real estate builders.

Bangalore has defied the ill effects of housing crisis around the globe

Bangalore has attracted many real estate builders of late. Surprisingly, Bangalore brushed aside the ill effects of the subprime mortgage crisis that originated in United States and sent tentacles around the globe. Bangalore has emerged as a hot real estate destination for thousands. Now that the major economies around the globe are gradually turning around, it will not be wrong to say that Bangalore has survived the rough weather. This is evident from the several housing projects in Bangalore that are coming up in major areas.

In an attempt to survive the tough real estate competition, most of the builders and realtors are offering competitive rates in the housing market. If you are planning to buy your dream home, this is the best time to do so.

Housing projects in Bangalore – How affordable are they?

Housing projects in Bangalore cater to needs of people belonging to different income groups. The fact that the real estate market has survived the rough weather makes it even more dependable. You will find extensive information on Bangalore’s housing projects. Check them out.

What are the factors that determine the price of housing projects in Bangalore?

There are different factors that determine the cost of housing projects in Bangalore. Some of them are as follows –

  • Type

  • Location

  • Measurement

  • Connectivity to major areas etc

Prominent residential areas in Bangalore

The type of house you buy also depends on your affordability. The following areas in Bangalore are gaining prominence as the most affordable, well connected residential areas.

  • Koramangala

  • Indira Nagar

  • Jayanagar

  • Banshankari

  • K R Puram

  • BTM Layout

  • Madiwala

  • Malleshwaram

  • Marthahalli

New housing projects in Bangalore

New projects are coming up in few other prime localities in the city. Some of the projects along with the price range are mentioned below. The prices mentioned below are in Indian currency. The prices may change so check them out if you are planning to settle for one.

Locality – Sarajpura Road

Price – 12, 66,000 to 19, 69,000

Builder - Ananda
 

Locality - Horamavu

Price – 27, 84,000 to 40, 95,000

Builder – Prop Zone

 

Locality – ITPL Road

Price – 32, 24,000 to 50, 18, 000

Builder – SMR Vinay Galaxy
 

Locality – Bannerghatta Road

Price – 44, 54, 000 to 62, 11, 000

Builder – Esteem Group

 

Locality - Sarjapur

Price – 28, 34, 000 to 50, 00, 000

Builder – Kristal Group

 

Locality- Devanahalli International Airport

Price – 4, 78, 000 to 5, 98,000

Builder - Transcity

Given above are the names of just a few of the builders that have made their mark in the real estate market in Bangalore. There are innumerable other builders and developers in the city. Some of the prominent ones are as follows –

 

  • Adarsh Developers

  • Brigade Group

  • Sobha Developers

  • Prestige Group

  • Purvankara Group

The housing market in Bangalore is rapidly growing. And if you want to be part of this revolution and the new housing projects in Bangalore, take the plunge now. This is because the housing market is constantly changing. So, keep a close watch on the changes that are taking place in the residential market and take your pick accordingly.