Areas that offer affordable housing in Bangalore - PowerPoint PPT Presentation

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Areas that offer affordable housing in Bangalore

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Bangalore is a beautiful melting pot where different cultures meet. The cosmopolitan culture, beautiful climate all round the year and alluring soft drizzles, several old monuments are the major attraction of the city. Real estate in Bangalore has also seen great demand in the last decade due to the presence of several IT, blue chip companies and multinational corporations. The robust social infrastructure and great connectivity has also significantly contributed in raising the real estate demand in the city. – PowerPoint PPT presentation

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Title: Areas that offer affordable housing in Bangalore


1
Areas that offer affordable housing in Bangalore
Bangalore is a beautiful melting pot where
different cultures meet. The cosmopolitan
culture, beautiful climate all round the year and
alluring soft drizzles, several old monuments are
the major attraction of the city. Real estate in
Bangalore has also seen great demand in the last
decade due to the presence of several IT, blue
chip companies and multinational corporations.
The robust social infrastructure and great
connectivity has also significantly contributed
in raising the real estate demand in the
city. Captured below are some places that offers
affordable housing in Bangalore.
2
Yelahanka Doddaballapur Road Yelahanka was
traditionally a suburban satellite town of
Bangalore, where development was largely driven
by the manufacturing sector until the Kempegowda
International Airport became operational. The
development of the airport opened the floodgates
for corporate and mixed-use developments along
Highway NH-7 connecting Yelahanka to the
 airport. The availability of large spats of land
 attracted new developments and other projects.
Good rail and road connectivity with the core
city has played an instrumental role in driving
buyers interest. However, as the SEZ and mixed
use developments along the NH-7 start operations
in next one year, this location is likely to see
a lot more demand and development action.  This
area is envisaged to continue attracting people
for affordable housing in Bangalore in the coming
time.
3
Horamavu Horamavu in the north-east part of
Bangalore is easily accessible from the airport
through the Outer Ring Road. It is located close
to key residential locations such as KR Puram and
Banaswadi, and is developing into a fully-loaded
residential destination. Real estate development
in Whitefield and along the Outer Ring Road has
led to faster development in this location, which
currently caters to the residential requirements
of employees from the offices located in northern
part of Whitefield. Some of Bangalores leading
local developers are now active with affordable
housing projects in Bangalore in Horamavu. With
the increasing focus of infrastructure
development in north of Bangalore, Horamavu is
expected to witness a spate of fresh demand of
residential units in the near future.
4
Budigere Budigere on Old Madras Road is an
emerging residential destination where IT
influence from the neighboring areas and rapid
infrastructure development have resulted in
considerable growth in a short span of  time.
Budigere also receives strong demand for
residential units from the manufacturing
industries present in the region. With the prices
saturating in already developed neighbouring
areas such as Whitefield and Brookefield,
Budigere receives significant spill-over demand
due to its relatively affordable prices. The
place boasts of a good social and civic
infrastructure.  This is the reasons that many
Grade A builders and developers are showcasing
their interest to launch projects in this area.
The projects are designed to offer high class
lifestyle to its residents with state of the art
infrastructure and top notch amenities at
affordable prices. This makes  it one of  the
best place for affordable housing in
Bangalore. Real estate in Bangalore sees a rising
demand with the areas offering affordable
housing. It caters to the need of gentry
belonging to different class and strata.
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