Infallible Residential Projects in Bangalore West: But, Are You Searching Right?

During the period of last ten years, the construction industry in the country has developed to be one of the most rapidly growing real estate markets in the world. It has been quite instrumental in extending a helping hand towards the Indian economy, which is quite conspicuous by the astounding 6.3% this sphere has shed to the growth of national GDP during financial year 2013. Numbers from the Industry estimates also indicate that the width of India’s real estate market stands at over US$78.5 billion and will touch the notch of US$140 billion by the year 2017.

A high increase in population, along with a huge pool of skilled professionals has caused a greater integration with the economy round the globe. Plus, a 100 % FDI allowance in the sector is also boosting the demand for various kinds of property in different parts of the country.

Not to forget, an exponential rise in the number of business opportunities and the growth of economic environment throughout the country has consequently led the real estate industry to move ahead with a high momentum. Of late, the construction industry has been playing a significant part in the overall upliftment of India’s infrastructure facilties. The growth witnessed here is majorly linked to developments in the hospitality, retail and commercial sub-sectors and vice-versa.

As observed, major real estate developments have been seen in metropolitans like Delhi/NCR, Mumbai, Chennai, Pune, Kolkata and last but not the least- Bangalore.

Real Estate Boom in Bangalore West

• Residential projects along Tumkur Road, in the region near Yeshwantpur have seen numerous buyers flocking from around the city. The presence of the Yeshwantpur railway station, along with the Metro station being built here has given the required thrust for the growth required in this area.
• Projects near Jalahalli Cross also cater to the industrial developments in Peenya. The micro market in this region is expected to dwell in stability during the forthcoming months. Plus, the traditional areas in Bangalore West like Malleshwaram, Rajajinagar and Vijaynagar continue to entice buyers from across the country. 
  
• After the whole stretch of the Metroline providing connectivity to M.G. road is completed, the growth prospects along Mysuru Road will be majorly boosted. Plus, areas like Mysuru Road, Rajajeshwari Nagar have seen growth with the construction of malls, a central bus terminal and various educational institutes. 
  

Housing Projects in Bangalore West

• Shriram Sameeksha by Shriram Properties:

A residential development in Jalahalli West, Shriram Sameeksha offers comfortable 1-3 BHK apartments, within a price range of Rs.31.92 Lac-51.87 Lac. The area per unit varies between 700-1260 sq. ft. With all units being ready to move in, modern day amenities will be made available at the disposal of the buyer. 

• Provident The Tree by Provident Housing:

A residential project in Herohalli, Provident The Tree offers skillfully designed 1-3 BHK apartments, costing Rs.24.14-60 Lac. In the project provident the tree, the available area per unit is 605-1380 sq. ft., with possession being expected around March 2017. 

All basic amenities will be made available to the buyers at the time of possession. Options in housing are numerous, if you’re in Bangalore West. A sound market analysis is all you need. Rest will fall in place by itself. Good luck!

Author Bio: Anshuman Kukreti is a professional writer and a keen follower of the Indian real estate market. An engineer by qualification and an artist at heart, he writes on various topics relating to various real estate projects across the country. Reach him @ Google+