Lately, Bangalore, also known as the silicon valley of India, has grown rapidly. The city's lifestyle, demographics and opportunities have attracted people from all over India. With this, the necessity for luxury apartments in good locations has surged. Industry is not only viewing these homes as a possible asset, but in addition being a change that offers an enriched lifestyle.

Spurt in luxurious apartments in Bangalore

In the last couple of years, Bangalore's real estate market has seen an increase in luxurious houses. These houses are primarily targeted towards high value individuals and thus, real estate investment developers are centering on high-end villas and row houses furnished with every one of the modern amenities.

Profitability is the main reason for developers to sign up the premium houses bandwagon. Prices of such homes consist of Rs. 2 to 12 crores. The homes are not only seen large with regards to sq . ft . area, but additionally have advantages for example Wi-Fi, pool, jogging track, badminton courts, sensor locks, etc.

As a result of technological advances, developers are able to build customized villas having amenities of international standards. Bangalore's real estate investment developers have reinvented their offerings every now and then, who have further fuelled the requirement for high-end residential homes.

Region wise development of premium apartments

North/North West

A series of premium apartment projects ranging between Rs. Three to five crores happen to be undertaken within the sub-markets of places like Hebbal. Developers have decided the area because of its prime location, good connectivity and recurring infrastructure development. Numerous luxury houses have fallen in the region between Hebbal and Yelahanka. North Bangalore has each of the chance to develop as the hub of premium residential homes.

South

Inside the south, Bannerghatta Road has seen an increase in premium villas and houses priced between Rs 1.5 to 4 crores. Localities like J P Nagar and Banashankari too have seen an outburst in high-end residential villas.



East

Premium villas came in the east in places like Budigere Cross, Krishnarajapuram and Whitefield Road. The price ranges between Rs Two to four crores. Proximity towards the city's airport and extensive bus connectivity has added tremendous value about bat roosting areas.

West

Several high-end residential projects have been launched in places like Yeshwantpur and Dr Rajkumar Road. Because of presence of several retail chains and hotels, interest in villas readily available places have raised dramatically.

As of now, there are numerous luxury home units inside the city at various stages of planning and construction. Price of luxury homes in Bangalore is much higher as compared to other metros in India. The conducive real estate scenario within the city will further propel the need for excellent housing in coming days.

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