In recent years, Bangalore, also referred to as the silicon valley asia, is growing rapidly. The city's lifestyle, demographics and opportunities have attracted individuals from throughout India. Using this, the requirement for luxury apartments in good locations has additionally surged. Customers are not only viewing these homes as a possible asset, but in addition like a change that provides an enriched lifestyle.

Spurt in luxurious apartments in Bangalore

In the last several years, Bangalore's housing market has seen an outburst in luxurious houses. These houses are primarily targeted towards high net worth individuals and for that reason, real estate developers are focusing on high-end villas and row houses designed with all the modern amenities.

Profitability will be the major reason for developers to sign up the premium houses bandwagon. Prices of such homes range from Rs. 2 to 12 crores. The homes are not only large with regards to sq . ft . area, but in addition have advantages for example Wi-Fi, children's pool, jogging track, badminton courts, sensor locks, etc.

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

Region wise growth of premium apartments

North/North West

A number of premium apartment projects ranging between Rs. 2 to 4 crores have been undertaken in the sub-markets of places like Hebbal. Developers chose the spot due to its prime location, good connectivity and recurring infrastructure development. Numerous luxury houses came in the spot between Hebbal and Yelahanka. North Bangalore has each of the possible ways to develop since the hub of premium residential homes.

South

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



East

Premium villas came up in the east in places like Budigere Cross, Krishnarajapuram and Whitefield Road. The price ranges between Rs 2 to 4 crores. Proximity towards the city's airport and extensive bus connectivity has added tremendous value to those 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 from all of these places have shot up dramatically.

As of this moment, there are many luxury home units in the city at various stages of planning and construction. Worth of luxury homes in Bangalore is much higher in comparison with other metros in India. The conducive property scenario in the city will further propel the demand of top quality housing in future.

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