Now that Greater Bangalore has come into being/with the seamless/effective & well-coordinated management structure & all administrative structures & legal framework in place, the city is likely to attract more corporate & developers for its housing & commercial projects. Many prestigious companies from all across the globe already have or are all set to have their base in Bangalore.
The formidable list includes Accenture/Royal Dutch Shell/Spirit Aero Siemens & Wind River. However, the reforms should support the residential & commercial Bangalore Real-Estate Market. Buying Property in Bangalore: Bangalore Real-Estate offers mange that covers Bangalore properties all types and arrangements such as apartments/farm houses/paying guest accommodation/office space/timeshare/service apartments & land & commercial properties for sale or rent. Bangalore Property generally commands a premium, but the current situation of oversupply is working in favor of those companies trying to rent in office space in Bangalore’s IT/ITES suburb of Whitefield. Rentals for Grade properties in Whitefield are now around Rs.20 per square feet Retail Space in
Bangalore is becoming a favorite with retail brands, both national & international wanting to open their outlets for the trendy & discerning population of Bangalore. Globe of Titan, one of India’s top specialties retail chains, has launched their largest flagship store in Indiranagar. Printo/India’s first retail printings brand/catering to small & large businesses announced the launch of its 4th & largest Bangalore store at Whitefield. Currently the mainly dynamic Real Estate market, Real Estate Bangalore has several projects underway, like the much-talked about ‘Lifestyle Habitat’ modeled on the PETRONAS Towers in Malaysia. On retail property the average yield return have been around 10-12%, 10-11.25% on commercial investments and 5-7% per annum on residential properties.
Property in Bangalore:
There is always a demand for commercial property in Bangalore mainly due to the growing demand for office spaces & retail space in Bangalore even as construction of several shopping malls gets underway. Home Rent in Bangalore: Rental Property in Bangalore consisting of rental flats in Bangalore as well as rental homes in Bangalore has been reassuring in terms of rent stability. The Bangalore housing property market is expected to be stable for rentals as well as capital values for quite some time. For NRIs scouting for fine deals in Indian Real-Estate market, premium apartments in major housing areas in Central Bangalore such as Richmond Town/off MG Road/Cunningham Road etc. as well as in Southeast Bangalore presents a fine investment opportunity. Most of these locations generally witness a steady demand& continue to command high rental values & property prices. Villas & Bungalows in Bangalore have enjoyed up to 30% capital appreciation. Apartments in coveted districts in south eastern, eastern & northern Bangalore have achieved property price gains which went as high as 20%. Bangalore Rental Rate Well situated & well-connected commercial spaces command a premium & the prices in the Central Business District (CBD) in Bangalore are known for moving up sharply & at a sustained rate.
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