Is It a Good Time to Buy An Apartment In Bangalore? - Chartered Housing

Are you planning to buy one of the luxury apartments in Bangalore? There is a range of apartments for sale in Kanakapura Road, but before that you need to know if it is indeed a good time to buy an apartment in Bangalore. Read on for more.

IT, start-ups, MNCs…it’s all happening in Bangalore

The city’s property market is one of the best markets in the country for a variety of reasons. The IT and start-up buzz in the city is one major reason, attracting a cosmopolitan crowd to come and settle down here. Yet another reason is the presence of many MNCs and huge retail entities in the city. It’s not just about IT, but a lot of other sectors that see the city as a good option. This is the reason why you can find a sizeable chunk of expat population and NRIs interested in investing one of the apartments for sale in Kanakapura Road and other upcoming micro-markets.

Did you say weather?

The weather is another key reason why the city is popular with many who wish to buy one of the luxury apartments in Bangalore.

Global standards

Luxury apartments are built in line with international standards on my fronts — design, architecture, amenities, space and location. Living in a luxury apartment means buying into a certain lifestyle, and many high net worth individuals (HNIs) are interested in these luxury apartments in Bangalore.

No volatility, safe bet

The luxury residential market in Bangalore is one of the best in the country. It is stable and doing well because the city’s residential property market is largely end-user driven. There have not been any major crashes or spectacular highs, making it a safe city to buy a luxury apartment in. With RERA or the Real Estate (Regulation and Development) Act of 2016, and the post-GST regime, the real estate market in the city can only improve in the long-term. Buyers in the luxury segment are bound to benefit from the moves.

Metro connectivity and infrastructure 

The Metro line has also ensured better connectivity and has ensured there’s enough demand for apartments in its vicinity.

Also, the social infrastructure is excellent — the city has a good presence of professional colleges, research institutions, global brands, entertainment options, cultural hubs et al, making it much sought-after. Kanakapura Road is a stable market, and an attractive proposition for a luxury apartment, so do buy one of the luxury apartments for sale in Kanakapura Road and make it count!    

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Created on Dec 21st 2017 01:39. Viewed 403 times.

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