World-class and Amazing & strategic class prices

These projects have as well as seen substantial rise in capital values because of increased cost of land acquisition and construction. Builders have therefore resorted to redesigning their projects to address the demand of a wider target segment looking at the budget homes category. prestige Lakeside Habitat Main national level players and local builders have plans to enter the affordable housing segment of Bangalore. These include Tata Housing, Usha Breco Realty, Godrej Properties, Ashoka Group, Jannaadhar Construction, CSC Builders, Brigade Group, etc. 

The Bangalore market saw absorption of 6,519 units in 2Q13 against 6,689 units in 1Q13. Unsold stock in 2Q13 totalled 50,184 units in 2Q13 as compared to 46,823 in 1Q13, reflecting a vacancy rate of 53.4%, down from 54.2% in 1Q13.

Supply A total of 21 housing projects were launched across Bangalore in 2Q13, presenting 9,889 units against 10,009 units in 1Q13. Meanwhile, eight housing projects comprising 2,319 units in various submarkets were withdrawn from active stock as they were completely sold out.

The main projects launched in 2Q13 included Prestige Sunrise, Prestige Ivy Terraces, Shriram Sameeksha, Sobha Santorin and Brigade Begonia. 

Central CBD & off Central SBD Low supply and high demand due to low availability of large land parcels and high capital values, these micro markets have seen a limited supply of housing growth s. These markets have very fine social and physical infrastructure.

Nitesh Park Avenue, Prestige Kingfisher Towers, West court City view, ETA Beau Monde, 77 Degrees East, Sobha Indraprastha and Prestige Edwardian are any of the high end projects in these micro markets. 

North Bangalore 

The demand for high end housing units remains high in the North Bangalore region. Housing real-estate activity in North Bangalore has gained traction post the commencement of the Bangalore Global Airport. The projects situated around Hebbal, Bellary Road and surrounding areas are in the luxury segment. North Bangalore is assured to be the next economic centre of Bangalore.

Proximity to the Global Airport and planned social and the physical infrastructure in the North have boosted growth in the area. Embassy Lake Terraces, RMZ Latitude, Karle Zenith, Equinox, Embassy Boulevard are any of the high end projects in the North Bangalore. prestige Lakeside Habitat Bangalore The demand for high end housing growth s is low in the South. The housing requirement in this region increased after Electronic City established itself as an IT Hub in this micro market. However, it did not attract premium housing growth s due to poor urban and social infrastructure. Whitefield as a micro market has developed into a self-sustaining area. Along with being an IT destination, this region has fine social infrastructure and developing physical infrastructure. Hence, the demand for luxury housing growth s remains high. Adarsh Palm Meadows, Prestige White Meadows, Chaithanya Sharan, Windmills of Your Mind are any of the luxury projects in this market.