Bangalore presently. Whitefield is situated on the periphery near ORR where plenty of infrastructure and real estate development activities are happening. The location is basically 3-km from KR Puram Railway station, 2.5 km from Ring Road and outlined with worldwide school and medical facilities. For more information about Bangalore real estate, visit our website today.
The primary thrust is going to be on the growth and development of Outer Ring Road (ORR) region to resolve the problem of traffic jam and also to meet the needs of industries. After facing an autumn in the corporate interest, real estate market in this region is gradually making up ground as the infrastructure and connectivity around the place is enhancing with accessibility to transportation means.
Real estate scenarioOffice rental fees in Bangalore haven’t seen any noticeable fall in the past 5-years, property brokers say. Office rental in Bangalore continues to be at through the roof, so far as CBD along with other prime commercial locations are worried. However, the demand level continues to be progressively heading down with unparalleled hike in the rental levels. But we are able to interpret the phenomenon with market downturn,” states a Bangalore based property broker.
Emerging pictureLooking at the overall condition of real estate industry in Bangalore, a small amount of about 15-20 percent in transaction volume continues to be observed in residential real estate in Bangalore, in the past quarter, say designers and property brokers. However, the city is obtaining in the segments of plotted development, luxury villas, flats and penthouses. Meanwhile, Bangalores are approaching with innovative marketing methods and schemes to draw in property purchasers.
You may also like: