Why Invest in Bengaluru?
Bangalore, also titled Bengaluru, is the capital city of Karnataka, located in southern India. It is one of the fastest-expanding cities in the country and is known for its vibrant culture, beautiful weather, and thriving IT industry.
History
Bangalore's history dates back to the 9th century AD when the Western Ganga dynasty ruled it. Later, it was ruled by the Cholas, Hoysalas, and Vijayanagara empires. In the 16th century, it was conquered by the Mughals, followed by the Marathas and the British in the 18th century. The British established a cantonment in Bangalore, which became the center of their administration in South India. After independence, Bangalore emerged as a center for the aerospace and defense industries. In the 1980s, it became known as the "Silicon Valley of India" due to the growth of the IT industry.
Culture
Bangalore is known for its cosmopolitan culture, where people from different regions of India and the world coexist. The city has a rich heritage of music, dance, and literature. The traditional dance forms of Karnataka, such as Yakshagana, Kuchipudi, and Bharatanatyam, are performed in various cultural events. The city is also known for its vibrant nightlife, with many bars, pubs, and restaurants. Bangaloreans also celebrate festivals such as Dasara, Diwali, and Christmas.
Economy
IT and software industries drive Bangalore's economy. Many multinational corporations, including Microsoft, IBM, and Amazon, have their offices in the city. The city has a thriving start-up ecosystem and is home to many unicorns, such as Flipkart and Ola. Bangalore is also known for its biotechnology and aerospace industries. The city's strategic location and well-connected infrastructure have made it an attractive business destination.
Attractions
Bangalore has many attractions for tourists and locals alike. The city has many parks and gardens, including the Lalbagh Botanical Garden and Cubbon Park. The Bangalore Palace, established in the 19th century, is a popular tourist destination that reflects the city's rich history. The Tipu Sultan's Summer Palace and the Bull Temple are other notable landmarks in the city. Bangalore is known for its art galleries, such as the National Gallery of Modern Art and the Karnataka Chitrakala Parishath. The city has a vibrant food culture known for its diverse cuisine. The traditional Karnataka cuisine, which includes dishes like Bisi bele bath and Mysore Pak, is a must-try for food enthusiasts. The city also has many cafes, restaurants, and food trucks that offer international cuisine. Bangalore is known for its pleasant weather, with temperatures ranging from 15°C to 35°C throughout the year. The city has a well-connected transportation system, including buses, metro, and cabs. The Kempegowda International Airport is located on the city's outskirts, which connects Bangalore to major cities in India and the world. Bangalore is a city that reflects the perfect blend of tradition and modernity. The city's rich history, vibrant culture, thriving economy, and diverse attractions make it an attractive destination for tourists and businesses. With the growth of the IT industry and the start-up ecosystem, Bangalore is poised for continued growth and development in the future.
Real Estate Growth in Bangalore
Bangalore has experienced significant real estate growth in recent years. The city's booming IT sector and favorable investment climate have played a crucial role in the growth of the real estate market.
Infrastructure
Infrastructure development has been one of the primary drivers of real estate growth in Bangalore. The city's government has undertaken several initiatives to improve the infrastructure, such as expanding the metro rail network and constructing flyovers and underpasses to ease traffic congestion. The completion of the Kempegowda International Airport has also boosted the real estate market by attracting more investors and businesses to the city.
IT Sector
Bangalore's IT sector has been the main driver of the real estate market. The city is home to several multinational corporations, including Microsoft, Amazon, and IBM, which have set up their offices in Bangalore. The growth of the IT sector has resulted in a surge in demand for commercial office space, leading to increased property prices. The presence of many IT professionals has also led to the development of the residential real estate market, with many apartments and gated communities built to cater to their needs.
Favorable Investment Climate
Bangalore's favorable investment climate has attracted several domestic and international investors to the real estate market. The city's stable political environment, transparent regulatory framework, and favorable tax policies have made it an attractive destination for investment. The government's push to develop the city as a business hub has also contributed to the growth of the real estate market.
Affordable Prices
Bangalore's real estate prices are relatively affordable compared to other metropolitan cities in India. The city's real estate market has steadily increased prices over the years, but they are still lower than cities like Mumbai and Delhi. This has made it easier for middle-class homebuyers to invest in the city's real estate market, leading to a surge in demand for affordable housing.
Luxury Projects
Along with affordable housing, Bangalore's real estate market has also seen a rising demand for luxury projects. Many high-end apartments, villas, and gated communities have been developed to cater to the needs of affluent buyers. These luxury projects offer state-of-the-art amenities such as swimming pools, gyms, and clubhouses, making them an attractive investment option for high-net-worth individuals.
Smart City Initiative
Bangalore has been chosen as one of the cities under the Indian government's Smart City initiative. The Smart City project aims to improve citizens' quality of life by developing sustainable and technologically advanced infrastructure. The project includes initiatives such as installing intelligent traffic management systems, smart lighting, and waste management systems. Developing a smart city has boosted the real estate market by attracting more investment and improving residents’ living quality. The growth of the realty market in Bangalore has been driven by numerous factors, including the development of infrastructure, the growth of the IT sector, a favorable investment climate, and affordable property prices. The city's realty market is poised for continued growth in the future, with the government's push to develop the city as a business and technology hub and sustainable infrastructure development under the Smart City initiative.
Why Choose Bangalore for Real Estate Investment
Bangalore, also known as Garden City, is one of the fastest-growing metropolitan cities in India. The city has emerged as a hub for the IT industry and is home to several multinational corporations. The real estate market in Bangalore has experienced growth in recent years, making it an attractive destination for real estate investment. Bangalore has a stable political environment, essential for real estate investment. The state government has implemented policies that promote the development of the real estate sector, such as the Karnataka Real Estate (Regulation and Development) Act, 2016, which regulates the real estate market and protects the interests of homebuyers. The state government's efforts to develop Bangalore as a business and technology hub have also contributed to the growth of the real estate market.
Bangalore is titled the Silicon Valley of India, and the city's thriving IT industry has significantly impacted the real estate market. The city is home to several multinational corporations, including Microsoft, Amazon, and IBM, which have set up their offices in Bangalore. The presence of many IT professionals has led to a surge in demand for residential real estate, developing several high-end apartments and gated communities. Bangalore's real estate prices are relatively affordable compared to other metropolitan cities in India. The city's real estate market has steadily increased prices over the years, but they are still lower than cities like Mumbai and Delhi. This has made it easier for middle-class homebuyers to invest in the city's real estate market, leading to a surge in demand for affordable housing. Bangalore's real estate market offers high rental yields, making it an attractive investment option. The city's thriving IT industry has led to high demand for rental properties, increasing rental yields. The city's favorable investment climate and stable political environment have also contributed to high rental yields. There are many projects to invest in Bangalore. One such is Prestige Park Grove.
Prestige Park Grove
Prestige Park Grove is a state-of-the-art residential project that has yet to be launched. Situated in the Whitefield area of Bangalore, it is being developed by the prestigious Prestige Group and comprises stunning apartments and villas. This innovative project is spread over an area of 80 acres and is perfectly located, offering the best prices for 1, 2, and 3 BHK homes. Prestige Park Grove boasts top-notch amenities such as a swimming pool, children's play area, tennis court, yoga studio, meditation hall, jogging track, AV room, spa, and open gym. Prospective homebuyers can soon experience the excitement of their new living space by viewing the project's model units. Once residents move in, they will be subject to Prestige Group's management and must pay maintenance fees. Located in the Eastern part of Bangalore, Prestige Park Grove is a highly sought-after residential zone home to numerous IT and business centers, making it a vibrant and bustling area. In addition, the surrounding area is well-equipped with numerous schools, universities, healthcare centers, malls, shopping hubs, and theatres, ensuring that residents have everything they need close at hand. Covering a sprawling 80-acre parcel of land, Prestige Park Grove comprises luxurious apartments spread across multiple towers. Prestige Park Grove Master Plan developers have always prioritized location when planning it, and Whitefield is undoubtedly one of the best locations available.
Prestige Primrose Hills
Prestige Primrose Hills is a gated residential enclave located off Kanakapura Road. Excellent apartments set in neatly placed 15 towers with 1 and 2 bedroom sets, these 1680 dwellings have variants in layouts, dimensions, and prices. Planned for bachelor living and small families, each dwelling is thoughtfully designed to offer maximum space, ventilation, and natural light, coupled with stunning architecture, specs, and interiors. Each tower is smartly spaced so that the residents from each home can get an unhindered view of the magnificent central court, a part of the sprawling 15-acre land parcel of this property. The abodes and the curated amenities and facilities are expected to offer a lavish lifestyle that will go beyond the expectations of the buyers - every aspect here will give that signature Prestige experience. The project is currently under construction; the starting price of this property is INR 38 lakhs, and the possession date is 31 December 2024.
The Prestige City
The Prestige City is an ambitious residential township in the very popular Sarjapur Road, East Bangalore. Laid in a humongous 180 acres and 12 million sq. ft. of development area, the smart city has assorted housing - 7000 apartments, 140 villas, and 808 plots. The apartments have 1, 2, and 3 bedroom sets of exquisite units, and the villas have 3 and 4 luxe bedroom sets; both have options in sizes, layouts, and prices with elegant architecture, specs, and interiors. It has been developed and sold out in phases. Every sub-project within the township has its own set of unique amenities, features, and facilities. The Prestige City had a home planned to suit the needs and fancies of most home buyers and is priced to suit every pocket.
Prestige Jindal City
Prestige Jindal City is another set of ready residences in Tumkur Main Road, Northwest Bangalore. Sprawling across a spread of 32 acres, there are 1, 2, 3, and 4 bedroom sets of marvellous 3,571 apartments in diverse layouts, configurations, and prices. Meticulously crafted architecture, specs, and interiors with spacious and well-utilised accommodations feature each residence here. World-class recreation, entertainment, fitness and amenities, and numerous facilities for all age groups are available, attracting many home-buyers. The starting price of Prestige Jindal City homes is INR 81 lakhs.
Prestige Roshanara
Prestige Roshanara is a plush residential complex developed by the Prestige Group. The pre-launch property is being developed on a vast acre of land which offers an unmatched living experience. Prestige Roshanara is a high-rise nestled in the lap of nature and breathtaking views that will please your senses. The property offers exquisitely designed 1, 2, and 3 bedroom dwellings that feature modern designs and bespoke interiors. Prestige Roshanara also offers world-class amenities like a swimming pool, gymnasium, clubhouse, yoga pavilion, dance and music, tennis court, indoor games room, mini theatre, jogging track, kids activity zone, and many more, which will refresh you instantly anytime.
Prestige Waterford
Another project of the Prestige company is Prestige Waterford. The Prestige Waterford project's futuristic design aims to give someone who wants a posh lifestyle a contemporary home. East of Bangalore Whitefield, at Prestige Waterford, which comprises 7 stunning towers and 689 roomy, well-built 3 and 4 BHK apartments spread across a sizable 16 acres of land, is located. Three-bedroom apartments start at Rs. 1.42 crores. This Prestige Group apartment building offers several benefits: a fantastic location, a pleasant and comfortable lifestyle, first-rate amenities, a safe environment, and high potential. On ECC Road in the heart of Whitefield in East Bangalore, an opulent pre-launch building known as Prestige Waterford is expertly built.
Prestige Willow Tree
Prestige Group is one of the leading names among the country'scountry's builders. They have been dominating the sector of new-age construction technologies, fulfilling a wide variety of residential properties, from apartments to villas. The Prestige Willow Tree in Vidyaranyapura, North Bangalore, is a beautifully designed project in Bangalore. Being located close to the International Airport, Prestige Willow Tree will also be a beautiful project to invest in. The residential project also has excellent amenities.
Prestige Meridian Park
Extremely abundant home development is called Prestige Meridian Park. It offers first-rate amenities. The prestige group is the one who created it. The 180-acre Prestige Meridian Park is vast. There are 2680 of them. Apartment-style residences with two, three, and four bedrooms have been thoughtfully created. The interiors of each flat are exquisite. These residences are really elegant. The tower is visible amid the vegetation. The lovely scenery can improve your lifestyle.
Prestige Eden Park
Furthermore, Prestige Eden Park is a stunning undertaking. The prestige group will soon begin work on this residential building. It can be found on Sarjapur Road. One of the city's most developed neighborhoods is this one. 9.7 acres make up its size. The apartments are roomy. Prestige Eden Park has a total of 2217 units. They provide the finest neighborhood and landscaped gardens. You will undoubtedly have a rich life experience thanks to it.
Prestige Kew Gardens
A high-end housing development is the exclusive Kew Gardens. It offers large flats. It is in the Bangalore suburb of Yemlur. 15.74 acres make up its whole area. The initial outlay is 40.17 lac rupees. In 2019, the units were completed.
Prestige Silver Sun
A completed condo is called Prestige Silver Sun. The Outer Ring Road, Sarjapur, and Marathahalli are all close by. This is in Bangalore's East. It is a 3 BHK apartment with a 2 BHK. It is a region with development. The area of the prestige silver sun is 1221–1949 square feet. The starting price for this apartment is Rs. 1.15 crore and beyond. Many amenities are available here, including a clubhouse, a gathering space, and swimming.
Prestige Sunny Side
Bangalore is situated on the Marathahalli-Sarjapur Outer Ring Road. The flat is ready for Sunny Side Prestige to move in. It occupies an area of 3.8 acres. 1370 to 2439 square feet are available in various sizes. At this location, the cost is Rs. 67.82 lacks. An apartment measuring 2439 square feet costs Rs. 1.21 crore. The amenities and infrastructure of Sunny Side Prestige are excellent.
Prestige Lakeside Habitat
Prestige Lakeside Habitat is another posh residential enclave on Whitefield-Sarjapur Road. Sprawling across a massive 102 acres, the project showcases a total of 3,697 unique and breathtaking dwellings, out of which there are 3,426 impressive apartments in 1, 2, 3, and 4 bedroom sets and 271 imposing villas with 3 and 4 bedroom sets in an array of configurations, layouts, and prices. This grandeur overlooks the pristine Varthur Lake, the periphery encapsulates 80 acres of open landscape, and each exquisite villa has private gardens. Each of the abodes is thoughtfully planned and designed, which offers the dwellers a fine living experience. The residents enjoy the perfect bliss: world-class architecture, specs, interiors, select recreational amenities, and other facilities. The starting price of the outstanding property is INR 95 lakhs, and the property is currently sold out.
Prestige White Meadows
One of the most well-known home builders is Prestige Group. The Prestige Group's best project is Prestige White Meadows. Prestige White Meadows in Whitefield comprises four structures and more than 60 villas and bungalows on one of the prettiest hills in the city. Due to its various amenities designed to international standards, Prestige White Meadows is one of the finest residences in Bangalore.
Prestige Aspen Greens
The stunning villa neighborhood known as Prestige Aspen Greens is situated in the city's biggest township, The Prestige City municipality. This collection of villas is part of the 180-acre Prestige City development and sits on a 20.3-acre block of land with numerous four-bedroom homes. Available space ranges from 3344 to 3612 square feet. There are around 149 apartments at Prestige Aspen Greens.
Prestige Serenity Shores
The prestigious real estate developer The Prestige Group's newest affluent, opulent residential expansion project is called Prestige Serenity Shores. This prestigious project is situated in Whitefield's up-and-coming, hip, and quickly growing neighborhood. This region used to be just a peaceful, frequently disregarded footloose town on the outskirts of the metropolis. The premium apartments in the residential complex range from 905 square feet to 2882 square feet and include 1, 2, 3, and 4 bedrooms. The homes are Vaastu-compliant, flawlessly ventilated, amply illuminated, and equipped with the best amenities and services. It is situated on 102 acres.
Prestige Lavender Fields
Prestige Lavender Fields is top-notch and luxurious among Why Invest in Bengaluru?. In Whitefield, Bangalore, the Prestige Group has developed a futuristic residential Township called Prestige Lavender Fields. The development offers luxurious 1, 2, and 3 BHK apartments. The location spans numerous acres and is home to tall towers with opulent urban residences. The idea integrates luxurious outdoor space with contemporary conveniences. This concept is a passionate address for a wealthy life filled with elegant homes and luxurious pleasures. The apartments here are the epitome of exquisite craft. The apartments are carefully designed to maximize the usable space and create a spacious, breezy feel. Each house offers plenty of room and complete seclusion. The homes have adequate natural lighting and airflow. The apartments follow the fundamental Vaastu laws and logistics.
