Real estate in Bangalore has boomed due to the growth of the IT sector, which has attracted many students and professionals to the city. This increased population demand has driven up prices and development of residential, commercial, and retail properties across Bangalore. The government and private builders are working to increase affordable housing options to meet demand. Areas outside the city center like K.R. Puram and Bannerghetta Road are seeing significant new development projects catering to the middle and upper classes. For real estate to continue growing sustainably, further attractive and cost-effective projects will need to be developed.

1. Real Estate in Bangalore
Intro: The vibrant culture has taken the real estate in Bangalore to new heights with
increased demand for commercial, retail or residential properties
Bangalore and IT sector have become synonymous to each other with top IT companies
settling down in Bangalore. It goes without saying that Bangalore is the real IT hub of
India. All the IT professionals eye Bangalore with wishful eyes and wait for an
opportunity to make to this tech city. Real estate in Bangalore is at cloud nine, thanks to
the students, IT professionals and MNCs rushing to Bangalore who have made the real
estate market a vibrant one.
Not just education and employment but Bangalore also scores high for settling down after
retirement. The pleasant climate of Bangalore prevents the sensitive old age from the
lashing heat or cold waves. There are ample of green stretches and water bodies in
Bangalore to give it an aesthetic look. Not many would know that Bangalore keeps pace
not only with the latest IT developments but also keeps a check on the changing fashion
trends. MG Road and Brigade Road showcase the changing styles in fashion. The young
IT professionals thus keep abreast with the latest fashionable accessories, clothing and
style. The hot-and-happening culture of the city has taken the real estate in Bangalore to
new heights.
Real Estate Investment, Bangalore
The revised FDI policies opening new channels for foreign investments in India have
made Bangalore a hot favorite for investments. The NRIs and MNCs relocating to the
India find Bangalore an ideal option.
Progress of real estate in Bangalore
Bangalore has seen a marked increase in the number of residential, retail and commercial
properties. The speedy growth of IT sector has catapulted the population figures in the
city. An increase in population has in turn sounded the bugle for greater availability of
space for commercial, retail or residential purpose. Facing the bulk demand of affordable
properties, the government and private builders are both ready to reduce the deficit. The
land for sale in the suburban areas of Bangalore has seen a drastic price revision as
compared to the past. The real estate in Bangalore got a real boost when NRIs started
investing hefty sums in the real estate sector of the city.
The influx of foreign firms moving to India to establish a base started with Bangalore; the
city invited multi-nationals from the IT sector and paved the way for other cities to walk
on the same lines. The cosmopolitan culture of Bangalore helped the westerners to adapt
quickly to the new environment. Real estate in Bangalore is witnessing both vertical and
horizontal growth. The entire city has residential apartments and flats being developed in
the available spaces. There are several luxury condos being built with magnificent
amenities like pool, spa, Jacuzzi, gymnasium and sports facilities. In addition to the
condos, Bangalore has many high profile ultra luxury villas with remote controlled access
for household appliances. World-class Malls are dotting the city line and the demand for
office space has undergone a tremendous rise.
Real estate in Bangalore has miles to go. Eastern parts of the city, including areas of
K.R.Puram, Bannerghetta Road, Kanakpura Road, Marathahalli, J.P.Nagar, Sarjapur and

2. Jayanagar have seen remarkable development in the real estate sector. The developers are
targeting the middle and upper working class and thus focusing on building economical
residential options. To meet the exploding demand for real estate in Bangalore, the
government as well as the private builders will have to come up with attractive and cost-
effective projects.
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