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Real Estate Market in Bangalore 2023?


Real Estate Market in Bangalore 2023?

The real estate market in Bangalore 2023 has been upscale over the past few years. It has rapid growth and has been attracting many investors in the real estate sector. Some of the key factors that drive the City real estate market are as follows:

  • Bangalore is the Silicon Valley of India, home to many corporate firms and startups. It has led to a high demand for retail and housing projects in the city.
  • The projects such as the Metro Rail, ORR, and PRR have enhanced the city's transit facility. It led to an increase in the prices of these housing and retail projects.
  • Bangalore has a growing population and a high influx of people from every other part of the country. It has led to a high demand for housing units in areas close to IT hubs.
  • The Karnataka Government offers many investor policies that are favorable for Investors. These include reducing stamp duty charges, streamlining the approval process, and more.

The real estate market in Bangalore offers a wide range of options like flats, villas, and plots. While the prices have risen, the city still offers affordable options compared to other major cities in India, like Mumbai and Delhi.

Bangalore Outskirts

Bangalore outskirts refer to the areas around the city of Bangalore. These areas are emerging but offer a more peaceful and natural habitat. Some popular areas in Bangalore's outskirts include:

  • Sarjapur is in the southeast of the city. It is notable for its scenic beauty, layout, and best transit facility.
  • Hosur is a town in the south of the city and is a popular place for those looking for affordable housing projects.
  • Devanahalli is in the north of Bangalore, near the Airport. It is also home to many exciting housing and retail projects.
  • Kanakapura Road is in the southwest of Bangalore. It is famous for its lush greenery, scenic beauty, and excellent transit network.
  • Electronic City is in South Bangalore and is a hub for several IT and technology firms. It also hosts many housing projects with best-in-class projects.

These areas offer a good balance of peaceful habitat near the city. This feature makes them popular among homebuyers and investors.

Krishna Shelton

Krishna Shelton is a housing unit in Whitefield by Krishna Enterprises. This township offers 2 and 3 bhk and enables modern facilities. It includes a pool, gym, indoor games room, gardens, Kid’s play area, and more. These homes have spacious rooms with the best design, high-quality fittings, and finishes.

The location of this township gives its dwellers easy access to central IT parks. It also hosts malls, schools, hospitals, and other vital facilities in the city. The Krishna Shelton is in Kundalahalli Main Road, Siddapura, Whitefield, Bangalore.

Godrej Properties is a leading real estate builder in Bangalore. They have many new launches and offer many exciting homes. Here are a few Godrej projects in Bangalore's outskirts that are popular are as follows:

  • Godrej Reserve is in Devanahalli, offering plots and villas. It is set over 92.7 acres of land.
  • Godrej Avenues in Yelahanka has been ready to move since Feb 23. This property offers 1, 2, 2.5, and 3 bhk homes with modern facilities.
  • Godrej Reflections is a luxury abode in Harlur, off Sarjapur Road, and offers 1, 2, 3, and 4 bhk flats and penthouses.
  • Forest Grove is a part of the Godrej Reserve project that offers 4 bhk villas in a lush green habitat.
  • Godrej Woodland is in Sarjapur. The township offers 2, 3, and 4 bhk flats with modern facilities and a beautiful landscape.

These projects offer a wide range of facilities and come with grand features. It suits the needs of every buyer and investor who is looking for homes in Bangalore's outskirts.

Apartment Floor Plans

Apartment floor plans vary depending on the building, location, and number of bedrooms. Some standard features of these floor plans include:

  • Living area: A common area for relaxation, entertainment, and dining.
  • Bedrooms: One or more bedrooms with attached bathrooms
  • Kitchen: A kitchen with essential appliances as well as cabinets for storage.
  • Bathroom: One or more bathrooms with a sink, toilet, shower, or bathtub.
  • Balcony or patio: Outdoor space for relaxing.

The layout and size of the living area, bedrooms, and kitchen can vary depending on the floor plan. Some townships may offer gyms, pools, or common outdoor areas.

A 1 bhk floor plan includes the bedroom ranging from 9 x 9 sq. ft. to 12 x 12 sq. ft. It includes a built-in closet and an attached bathroom. It has a living room with a carpet size that range from 10 x 12 Sq. Ft. to 12 x 14 Sq. Ft. It serves as a common area for relaxation and dining.

The kitchen carpet size may range from 6 x 8 Sq. Ft. to 8 x 10 Sq. Ft. includes a sink, counter space, and cabinets for storage. The bathroom in the bedroom includes a toilet, shower, and sink. The area of a 1 bhk home can vary with layout and design but ranges from 400 to 700 sq. ft.

Godrej Properties new launch apartment is Godrej Splendour.

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Disclaimer : The content is for information purposes only and does not constitute an offer to avail of any service. Prices mentioned are subject to change without notice and properties mentioned are subject to availability. Images for representation purposes only. This is the official website of authorized marketing partner. We may share data with RERA registered brokers/companies for further processing. We may also send updates to the mobile number/email id registered with us. All Rights Reserved.

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