For the past two decades, Bangalore has been the fastest growing city of India. Bangalore is termed as a ‘World City’ being the established Silicon Valley of Asia. In addition, it has a multi-cultural population, a good education & social infrastructure and an improving physical infrastructure. Bangalore’s residential market interests all stakeholders – developers, landowners and investors on account of large, educated, young, double income household and growing migrant population. Bangalore’s residential segment is likely to grow annually at the rate of 15% between 2013 & 2016. The capital value would appreciate between 12% and 20% across different micro-markets on account of rising construction cost and land prices.*
Real Estate is all about Location – Kogilu Road, Jakkur
North Bangalore has seen tremendous growth in the last 5 years and with the promise it holds for the future, this is just the tip of the iceberg. Property rates in North Bangalore have appreciated by ~40% over the last 3 years and are now rising faster, with the flyover construction being completed and commute times reduced.