Bangalore, the capital city of Karnataka, is also very well known as the ‘Silicon Valley of India’ is the major hub for many Information Technology (IT) and IT enabled services (ITES) companies.  It is one of the fastest growing cities in India. People come from far off places to get settled here, as this city is prospering in both commercial and residential sectors. Stylish and modern infrastructure, close proximity to all the basic amenities and prime locations of many malls and schools are some of the reasons which increase the value of residential apartments in Bangalore. There are lots of new projects, multiplexes, gated communities and other constructions with beautiful architectures coming up in many locations. In fact Bangalore is considered to be the second fastest growing city in terms of Real Estate.

The Property market in Bangalore has been on the boom with the increase in the rates of the properties in the market. The growing increase in population in the city in turns raises the demand in residential, commercial and Industrial properties. Besides Residential, there is also a great demand for Serviced apartments in this city, as it is also considered to be a tourist destination. The property prices in Bangalore have seen a slow and steady increase in the period of time. The rates also increase based on the influence of globalization of the Indian economy and foreign investments.

The property prices for residential apartments in areas like Whitefield, Marathahalli, and JP Nagar have gone down whereas the rates around the new Airport roads seemed to have been steady. The factors which influence the increase in the property rates in some areas like Hebbal and K R Puram include, proximity to Bangalore’s new International airport, and several other tech parks like the Manyata Tech Park and being very near to the National highway 75 also plays an important role. 

Investing in a Bangalore property will prove more beneficial because of many favorable conditions such as, the city has very good transportation system, and different regions or parts of the city are very well connected. Apart from this, the city also has plenty of malls, multiplexes, well equipped hospitals, multi-speciality healthcare centers and good educational institutions which in turn help retain the high market price of the properties.

Bangalore has been stated as a best Indian city to live in by a Global Survey. Hence, it’s the right time to invest in this dream city.