1. Residential Flats in Bangalore | Bangalore on a Real estate spree!!
Intro: Indiranagar, HAL, Koramangala and Jayanagar offer
affordable residential flats in Bangalore. Own a residential flat which
is pocket-friendly.
Bangalore real estate is enjoying the attention given the high
valuation on domestic and international level. The residential flats in
Bangalore have classy designs offering amenities of international
standard. The mind-boggling rise in demand for residential flats in
Bangalore is mainly due to the enormous migration of IT
professionals to the city for employment purpose resulting in a
substantial increase in the population of Bangalore. Another reason
for the maddening demand of residential flats in Bangalore is
‘investment’. All the young IT professionals drawing handsome
salary packages are eyeing the residential flats in Bangalore for a
purchase just for the sake of investment purpose. Property is the
safest bet after Gold as far as investment is concerned. The young,
energetic, profit loving and rich IT generation is aware of the tax
benefits and advantages that accompany the purchase of a residential
flat in the long run. The simple logic applied is, a residential flat
bought today is worth double the money invested.
An ascending demand for residential flats in Bangalore has geared
many well-known developers as well as the government to build
more residential townships offering affordable housing options. The
concept of residential flats is to utilize maximum space so that
maximum number of people can be accommodated in a single
building. Multi-storied residential flats in Bangalore solve the
problem of space crunch. These residential flats are pretty cost-
effective when compared with the independent houses or villas.
BMRDA looks after the planned development of Bangalore and tries
to develop enough residential areas in the city. Real estate is moving
in a sturdy manner with multiple residential flats in Bangalore
available for both the creamy and the average sections of the society.
Location is a price-driving factor for the residential flats in Bangalore.
If the residential flats are located on the fringes or outskirts of the city
the prices generally tend to be lower.
Indiranagar, HAL, Koramangala and Jayanagar offer affordable
residential flats in Bangalore. Different areas have inhabitants
belonging to a particular religion or culture forming their own little
community. For example, Tamils inhabit the Airport Road in
maximum number; more of Malyalis are settled in HAL and
Koramangala while Gujratis are prominently found in the
commercial regions. Marathis and Kannadas are found in
Malleshwaram and Christians are normally found in Cox Town.
Thus, Bangalore has several residential areas to shelter community
specific interests too. However, generally speaking few of the ideal
residential locations of the city are BTM, Sadashivnagar,
Banashankari, Marathahalli, Ulsoor, Madiwala and K.R.Puram.
The growing population has merely constructed the world into a
jungle of concrete. It is on us to save at least some open green spaces
for young saplings to reach the age of a tree. Building flats would
also involve clearing of green stretches but definitely the ratio when
compared to the area cleared for construction of individual houses
will be far lower. Let us own a residential flat which is pocket-
friendly and not an independent house which can prove to be
grueling, ripping you of your finances as well your mental peace!

2. Read about the major residential areas of Bangalore, the apartment
culture, Residential Flats in Bangalore and many such informative
articles on real estate Indrealty.in