Many are game for Bangalore property
Bangalore has been a choice destination for all from the country and abroad. Ferns builders quote the sobriquets as pensioners' paradise, second silicon valley, India's fifth metropolis and Asia's fastest growing city. The real estate always commands a premium, compared to most cities, say the builder company. It is a destination of choice for the multinationals, which have been setting up factories and corporate offices here.
Price of the properties and the rentals have been following an upward trend.
A Business India Survey among CEO's, Executives and Students revealed Bangalore rated No 1. by the students and N0 2. by the professionals as their most preferred city to live and work in, Fern builders quote.
Bangalore is refurbishing its infrastructure like water, sanitation, power and roads to cope up with the influx of new citizenry.
The state government has put its act together to cater to the expanding demand on infrastructure. Several power projects are in the offing and a well defined system of roads too is in place.
Coupled with infrastructural up gradation and development, private initiative in real estate Bangalore is establishing itself fast giving rise a new suburban Bangalore which is much more organized and comes up to the expectations of the aspiring generation of new house owners.
The aspirations are quite elaborate. Often they beat our own West in designs and layouts. Green and open spaces are the sine qua non. What of the jogging tracts, the swimming pools and what have you.
Builders have a good time selling properties in Bangalore in a huge range of options. Offices on rent in the city are up for grab too. Bangalore property by any standard is a premium range property. Now the city can boast of being one of some exclusive locales and options on property. And many are game.
But enlightened and progressive Government policies are quickly redressing these needs. Several power project have been approved. And a system of ring roads is in place. Motivated by the stupendous growth prospects, FBD has been consciously developing projects in the suburbs. Eliminating pollution, well planned layouts and a protected green belt contribute to make any investment both affordable at the moment and promise rapid appreciation, in no time at all.
