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How to choose Luxury apartments In bangalore
How to choose Luxury apartments In bangalore

Bangalore is known to be the ‘Electronic City of India’ as it houses numerous IT firms and blue chip companies. Every year a good number of people come to Bangalore in search of better job opportunities.  This has also fuelled the Real estate in Bangalore.  The city has also witnessed greater demand for luxury homes. The population with better tastes and high class lifestyle has created the market for luxury apartments in Bangalore.

Who buys luxury apartments?

People demanding for luxury homes in Bangalore are those who are corporate professionals, businessmen and high net worth individuals. These people have an aim to have a world class lifestyle consisting of the best of amenities and architecture. This perhaps provides a cozy and comfortable lifestyle to the people. Since Bangalore is the third largest investment hub of India for High Net Worth Individuals (HNIs), residential properties in Bangalore in this segment have an ever increasing demand. Areas like Whitefield, Central Business District (CBD), Outer Ring Road (ORR), Secondary Business District (SBD), etc. are some of the important areas for this segment.

The luxury apartments and penthouses are equipped with top notch amenities which are required for a comfortable living. These homes have chic interiors and state of the art infrastructure that reflects the class.

Several other factors which have positively impacted the growth of top builders in bangalore are the fast growing IT industry, rising HNI investments, improvement in buyer sentiment, developing physical, social and public infrastructure and improved logistics management by the government, etc.

Areas that offer luxury apartments in Bangalore

 Bangalore has developed as one of the major cities with innumerable luxury apartments and villas. Areas like Old madras road, Lavelle Road, KR Puram, Whitefield and Sarjapur road, Kanakapura road, Devanahalli and others.

The price range for these luxury villas and apartments vary from place to place. Due to high demand for premium homes, people are looking in for semi-furnished or furnished apartments, condominiums and super luxury villas in the centre of the city or in a place wherein they are facilitated with all the necessary requisites like schools, colleges, offices, super markets and so on.

Captured below are two major hotspots that offers luxury apartments in Bangalore.

Whitefield

Strategically located in the eastern part of Bengaluru, it is one of the biggest IT catchments of the city. The region has easy accessibility to National Highway (NH) – 7 (Outer Ring Road) and proposed Peripheral Ring Road. It is also well connected to the IT industry of Electronic City, Sarjapur & ITPL. The residential real estate dynamics of Whitefield has been closely linked to growth in these markets. The region has witnessed the foothold of most prominent developers with their gated communities and boosted luxury apartments in this area.

Kanakapura Road

Located in Southern part of the city, Kanakapura has seen huge attention in the recent past. Nice Road interchanges in Kanakapura Road, thereby proving connectivity to Electronic City and Tumkur road is the major highlight of the location. With the arrival of metro in the second phase, further enhancement in the connectivity of Kanakapura Road to other parts of Bangalore is envisaged. This has also played an instrumental role in raising the demand for luxury apartments in this area.