Bangalore was envisioned as a calm and quiet city with pleasant weather, innumerable gardens and colonial style buildings in the early 1960’s till the late 1980’s.
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1. BANGALORE WAS ENVISIONED AS A CALM
AND QUIET CITY WITH PLEASANT
WEATHER, INNUMERABLE GARDENS AND
COLONIAL STYLE BUILDINGS IN THE EARLY
1960’S TILL THE LATE 1980’S.
Continuous Evolution of
Real Estate in Bangalore
2. This image started to change with establishment
of Information Technology industries in the early
1990’s.
This slow change has gradually gained
momentum and Bangalore is now one of the
biggest metropolitan cities in India.
3. As 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.
4. This 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.
5. The 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.
6. The 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.
7. They 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.
8. The challenges offered by the real estate industry
in Bangalore.
The huge market for contemporary.
Modern buildings have attracted many
international real estate companies.
9. You can now find beautiful community housing
projects, brilliantly designed commercial
spaces, and some of the best malls, restaurants
and clubs dotting the city.
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