Both Bangalore and Delhi NCR have witnessed
rapid growth and urbanization in the last decade. While Bangalore has firmly
established itself as the undisputed IT hub of India, Delhi NCR has received
much attention because of the proximity to India’s capital Delhi. Both these
places are very popular in terms of residential accommodations, but there are a
few reasons which make Bangalore properties much more attractive than Delhi NCR.
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| Courtesy: Net |
Let’s take a look at a few of them:
·
The Bangalore IT Sector: Popularly known as the Silicon City,
Bangalore has been a flourishing success for the IT industry and now houses the
top IT organizations from all over the globe. This has prompted young,
ambitious people to move to Bangalore in the hope of further strides in their
careers. At the same time, this has prompted the construction of more and more
apartments in certain parts of the city such as Hosur Road, Whitefield and
Sarjapur Road. People looking to book flats in Bangalore have lot of options to choose from, and the competitive
pricing means that they don’t have to burn a hole in their pockets to pay for
the apartments.
·
Affordable Prices in Peripheral
Locations:
Developers in Bangalore are known to deliver their projects in a very timely
fashion, and with the prices kept at a realistic and affordable level, it is no
wonder that people are looking to book flat in Bangalore. Apart from the IT hubs, many peripheral locations around
the city also make for great places to buy flats, and are garnering more in
terms of popularity, thanks to affordable price points.
·
Delhi NCR Project Weaknesses: The two most happening cities in
the Delhi NCR are Gurgaon and Noida. Both cities have seen a lot of
development, and are popular work destinations in their own right. However,
Delhi NCR has failed in terms of the developers delivering their projects timely.
Projects in the recent past have taken much too long to be completed. Even
though there is a huge demand for properties in Delhi NCR, there are not enough
transactions because of exorbitant rates.
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