Upcoming High End Superior Residential Projects in Bangalore

Bangalore as a real estate Sector

IT has been the major driver of Bangalore as a real estate hub. Immigrants from Tier II and Tier III are coming in and settling in Bangalore which is why the real estate is booming. The high class affordable projects are coming up in Mysore road, Hosur road and Kanakapura road to name a few. The new real estate affordable market is dominated by builders like Brigade Group, Shriram Properties, Ozone group, ILD group etc.

Residential Projects in Bangalore

Sobha Dream Acres is a superior quality residential project which is coming up in Bangalore. The project will be ready to take possession of its residential units by mid-2018. The residential spaces made are of 1000 to 1210 sq feet area. The project is coming up on Panathur road in Bangalore and is well surrounded by various universities, restaurants and bars, schools, hospitals, parks, multiplexes etc.

The project is well equipped with all kinds of world class amenities like sports, club house, meditation centre, landscape garden, rain water harvesting, 24 hours’ water supply, power back up, open space, day care Centre, multipurpose hall for gatherings and functions, ATM, 3 Tier Security, Gym and a swimming pool.

The project has a 13 storied RCC structure with pre cast technology. The kitchens have been made of superior quality ceramic tiling. The Balconies and utilities have been fitted with good quality anti skit ceramic tiling and skirting. In the living and dining you can see beautiful vitrified tiling done. And, the bedrooms have also been designed skillfully to match with the interiors of the house.

Sobha Dream Acres Pricing

Sobha Dream Acres have plenty of 2 BHK flats to offer in different configurations. The configuration of these flats is from 1000 sq ft which is priced at 60 lakhs to 1210 sq ft which is priced at 72 lakhs.

Mantri Manyata Lithos

Mantri Developers are launching another residential project called Mantri Manyata Lithos. The project is coming up right next to Manyata Tech Park. It will offer 2 to 3 BHK apartments which will be spread across 8 towers. There are penthouses too for those who like to live in independent bungalows. The community is well gated and it has a living area space of 1380 to 1875 sq feet. The penthouses have the area of about 2855 to 2970 sq feet. It has a private terrace area of 565 to 895 sq feet.

Mantri Lithos Price

The two and three BHK flats are priced at Rs 5840 per square feet. The price for each of the pent houses is in the range of Rs 6940 to Rs 7140 per square feet depending on the tower chosen. This project is well connected to schools and shopping areas. It is very closely situated to Metro Phase 2 station at Nagavada. There are all commercial and basic facilities around this project.

Bangalore Residential Real Estate Market: Making Great Lifestyle Choices

Bangalore residential real estate market has seen fanatic growth in the recent past with rapid growth in population and urbanization in the area. Housing segment records capital value appreciation of 25 per cent from the mid-2009. The residential spaces absorption shifts towards Rs.3000 – 7500/Sqft. price band in the city. There is significant momentum in the price band of 7500 and above as well. According to the market analysts, this segment is one of the most resilient from a Long Haul perspective. The main reason behind this trend is the tendency of the premium/luxury developers to consistently reinvent smart homes around extravagant landscaping with golf course and other green features.

Bangalore’s CBD (Central Business District) location has become the most preferred choice for luxury homes. Whitefield and North Bangalore offer a large choice in the segment. The upcoming projects, including Shapoorji Pallonji Parkwest in Binnypete, Unishire Terraza in Manyata Tech Park, Sobha Dream Acres in Panathur Road & Brigade Cosmopolis in Whitelfield are highly attracting home buyers. These major developments are offering fine blend of technology and nature that set new perspective in urban living.

Current projects are better planned and designed to meet all the lifestyle needs of aspirational citizens. The well integrated, gated residential complexes and townships are fast transforming the face of the city. Every project is packaged to give you experience in elegant living. These projects in different stages of construction, and with huge plethora of residential units are priced at Rs. 60 lakh – 2.64 Cr.

While the sub-markets in Devanahalli and Hebbal are witnessing impressive scale of luxury developments. The on-going projects along with rapid infrastructure developments and the establishment of Bangalore International Airport have spurred growth in the micro markets. Apart from these, Indiranagar with smaller projects comprising 5-10 units is becoming the residential hub. Altogether, Bangalore has multiple super luxury homes and the capital values on the market segment are more attractive than those in Delhi or Mumbai.

Market experts say that Bangalore’s residential market would not stop once the infrastructure developments in the city catch up with the current pace of the real estate projects. The affordable segment is also doing well here. There are a number of new launches in the area catering to mid-to-high segment of the residential markets. Excellent connectivity and availability of more shopping & retail projects are attracting home buyers in the region.

The various options present in the micro market create opportunity for gainful property investments. Whether you want to buy a home or invest in a property for capital gains, the vibrant city give you best of opportunity. Shapoorji Pallonji Parkwest Phase 2 developments in lovely tranquil location Binnypet with sophisticated 1,2,3,4 BHK homes and world class amenities creates the finest address in the region. Similarly, the other projects available in the region promise good returns to the investors through mid-to-long term gains.

The city as well as its vicinity brings you premium projects perfectly carved out from the lush landscapes with all goodies of life at one place. Hence these are emerging as the favorite residential choices of home seekers in and around the area. These high end architecture and design layout inspire great living in the southern city.