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In recent years, Bangalore, also called the silicon valley of The indian subcontinent, has grown rapidly. The city’s lifestyle, demographics and job opportunities have attracted people from all Godrej Crest Vashi over The indian subcontinent. With this, your need for luxury apartments in good locations has also surged. Customers are not only viewing these homes as an asset, but also as a change that has an enriched lifestyle.

Spurt in luxurious apartments in Bangalore

Within the last few years, Bangalore’s housing market has seen a surge in luxurious houses. These houses are primarily targeted towards high net worth individuals and therefore, real estate developers are focusing on high-end villas and row houses equipped with all the modern amenities.

Earning is the main reason for developers to join the premium houses bandwagon. Prices of these homes range between Rs. 2 to 12 crores. The homes are not only large in terms of rectangle feet area, but also have added benefits such as Wi-Fi, swimming pool, jogging track, badminton courts, sensor locks, etc.

Thanks to technological advances, developers are able to build customized villas having amenities of international standards. Bangalore’s real estate developers have reinvented their offerings from time to time, which have further fuelled the demand for high-end residential homes.

Region wise growth of premium apartments

North/North To the west

A series of premium apartment projects ranging between Rs. 2 to 4 crores have been undertaken in the sub-markets of places like Hebbal. Developers have chosen the place because of its prime location, good connectivity and ongoing structure development. Numerous luxury houses have come up in the market between Hebbal and Yelahanka. North Bangalore has all the potential to develop as the hub of premium residential homes.

South

In the south, Bannerghatta Road has seen a surge in premium villas and houses priced between Rs 1. 5 to 4 crores. Localities like J P Nagar and Banashankari too can see a surge in high-end residential villas.

East

Premium villas have come up in the east in places like Budigere Cross, Krishnarajapuram and Whitefield Road. The price ranges between Rs 2 to 4 crores. Proximity to the city’s airport and extensive bus connectivity has added tremendous value to these areas.

To the west

Several high-end residential projects have been launched in places like Yeshwantpur and Doctor Rajkumar Road. Because of presence of several retail chains and hotels, demand for villas from these places have increased dramatically.

Nowadays, there are many luxury home units in the city at various stages of planning and construction. Value of luxury homes in Bangalore is much higher as compared to other metros in The indian subcontinent. The conducive real estate scenario in the city will further propel the demand of high quality housing in coming days.

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