Bangalore, now politically named Bangaluru is the Capital of South Indian state Karnataka. Banglore is home for more than 60 Lacs people and about 10,000 industries. Bangalore is the 5th largest city of India and the fastest developing city of Asia. A number of people come to Bangalore either for work or for studies every year. Banglore city has the largest number of Engineering and Management Colleges in India. Bangalore also has worlds' noted colleges such as Indian Institute of Management, Indian Institute of Science etc. Bangalore is also an Export hub of Flowers. Bangalore is also known as the Stone City for its wide granite business market. Another name of Bangalore is Garden City. This city is also know as the Silicon Vally of India because of its being a IT hub and paradise. Bangalore is the also named as the Fashion City and the Pub City of India.
Bangalore is the home to the world's corporate giants such as IBM, Accenture, TCS, industan Machine Tools, Bharat Electronics Limited and Indian Telephone Industries, Motor Industries Company(MIDO), WIPRO etc. Bangalore is also a leader in exports to different parts of the world. The city exports silk textile, flowers, granite, sandalwood and agarbattees etc. We can say that export business has a bigger part play in the revenue in the State income.
Apart from these, Real Estate and Property Market in Bangalore is also developing very fast. DLF, Godrej, Patel Reality, Prestige Group, Pride Group, Ranka Aquagreens, Vakil Builders, Brigade Group, Era Group, SJR builders, Century Group, Puravankara Group, Vaishnavi Group, HM Constructions, Legacy Group etc. are some big names of the reality market here in Bangalore.
The Factors that may decide the economical and social value of a property in Bangalore are following:-
The Locality has a major play in deciding the value of a property in India. If the housing projects/apartments/flats/plots are in a busy area or situated near a happening spot or near a highway/expressway/main road or town; the prices of the property will be up. Also if the property is near to colleges, offices or Governmental organisations the prices again may go up.
The Companies have also their own criteria of deciding the rate of their apartments/flats/plots.
The Kind of apartments being offered is also a key factor for deciding the rate of the property. If the apartments being sold are designed aesthetically, beautifully and are elegant then the prices in that particular project will be higher.
Amenities being offered in a housing project as decides the rate of a property. Real estate companies and builders offer wide variety of facilities and features at a little cost. If you apartment has sea view, lake view or golf view you may have give an extra penny.
These factors may have impact while deciding rates of their apartments in Bangalore by the real estate companies. To name a few residential Property in Bangalore are The Wood Wind, Pride Pristine, Sai Poorna High End, The Promont, Whispering Woods Residences, Centuri Pragati, Beautiful World, The Lake Side, The Smondo 2 & 3, Welworth City, Silver Crest, Swatika, Maiden Heights etc. All these projects and apartments have their own style of design and cost. One should be careful enough and have vision to buy apartments at the right time. Once the area is developed and people starts living in, prices will certainly go up.
Bangalore is a city where people enjoy a world class life style with Indian standards and values. People of Bangalore are proud to be Bangalorians. The developing housing property in Bangalore are proudly welcoming you to be a Bangalorian.
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