The recent COVID-19 pandemic and lockdowns brought the importance of investing in real estate to the forefront for many individuals. According to experts, there is tremendous potential for growth, and the market is expected to touch $1 trillion by 2030. While there are massive opportunities available, it is also important to make investments that increase in value over the years.
The Silicon Valley of India, Bangalore, has seen increasing demand for real estate thanks to its charming and lively ambiance. The unprecedented increase in the millennial workforce in Bangalore is one of the biggest trends in real estate in India. A large number of job opportunities in the city has also led to an increase in demand for housing solutions.
A prevailing trend in the residential real estate market in Bangalore is toward investing in high-end, elegant, and luxurious properties. More and more home investors are looking at investment in expansive and well-planned residential developments that are exclusive and private. Be it in luxury apartment enclaves or elegant gated communities; there is increased interest in investment in high-end residential properties.
An increasing number of investors are also looking for residential real estate in elite premium plotted developments around the city. These developments offer homebuyers the opportunity to design and create exclusive and bespoke dwellings that are reflective of their tastes. These homes provide their inhabitants with much-needed privacy, space, and calm, which are sorely missed in their busy modern lives.
Home investors are also trending toward a heightened interest in residential development projects that encompass a myriad of luxurious amenities. To this end, residential real estate developers are today developing several expansive projects that accommodate the best-in-class amenities and facilities. There are several opulent residential development projects being developed across the city that are in keeping with these investors’ trends.
The Prestige City new launch township at Sarjapur Road, East Bangalore.