Title: Continuous Evolution of Real Estate in Bangalore
1Continuous Evolution of Real Estate in Bangalore
- Bangalore was envisioned as a calm and quiet city
with pleasant weather, innumerable gardens and
colonial style buildings in the early 1960s till
the late 1980s.
2This image started to change with establishment
of Information Technology industries in the early
1990s. This slow change has gradually gained
momentum and Bangalore is now one of the biggest
metropolitan cities in India.
3As is the result of urbanisation and
industrialisation, there has been a considerable
increase in population. The city has become a
famous destination for foreign investors. The
cosmopolitan feel of the city also invites people
from all over the world.
4This change has clearly affected the real estate
industry in Bangalore. Where, once you could
see individual houses and bungalows with terraces
and gardens Now, there are sky scrapers and
apartments lining the core residential areas.
5The commercial spaces have also gained a great
demand in the last decade. The influx of
working classes has created an increased need for
housing recreational centers.
6The city has been providing housing to people of
different strata. The developers in the city
are facing major challenges in satisfying the
demand of the customers. Property developers
like Sterling Developers.
7They have started constructing apartments of
different types and contemporary villas to meet
the demand. The commercial real estate has also
evolved from single building offices into huge
campuses hosting different companies, a parking
area, restaurants and coffee shops which serve
the convenience of employees.
8The challenges offered by the real estate
industry in Bangalore. The huge market for
contemporary. Modern buildings have attracted
many international real estate companies.
9You can now find beautiful community housing
projects, brilliantly designed commercial spaces,
and some of the best malls, restaurants and clubs
dotting the city. For More Such Updates Visit
http//www.sterlingdevelopers.com/blog