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Prestige Meridian Park

Why Is Bangalore a Favorite Realty Destination?

The Bangalore real estate market is one of the most promising real estate markets in the country. IT companies have played a major role in the growth of the real estate market.

The city is one of the most livable cities with good physical and social infrastructure facilities, best educational institutions, famous hospitals, shopping malls, retail outlets, nightlife, etc. The city with all these facilities and attractive climate have attracted a number of people.

Prestige Meridian Park is a cluster of apartment towers that comprise The Prestige City, an upcoming residential development project being constructed by the Prestige Group in the idyllic location of Ittangur on Sarjapur road.

The residential market has seen excellent growth over time. Many micro markets are known for the residential purpose and few promising and attractive markets include, Sarjapur Road, Whitefield, Outer Ring Road (ORR) and North Bangalore.

Why Is Bangalore a Favorite Realty Destination?

Sarjapur Road:

The micro market is located in the South-East of the city. The area is connected to the prime IT hubs like Electronic City, Whitefield and Marathahalli. The area is known for the international schools and reputed colleges. The area has various options for shopping like malls and stand-alone retail outlets of international brands. The micro market enjoys a good hospitality sector and good healthcare facilities.

The locality is favorite among the IT/ITes employees as it is well connected to the IT regions. The locality is known for affordable housing. The micro market also has villas and row houses. If you are looking for villas in Bangalore for sale, then you can consider this locality. The locality has good growth potential and is expected to give good returns over the years. Infrastructure projects like the proposed Central Silk Board – Hebbal line metro will benefit this area as this will link the locality. The commercial market in the area is very active and Infosys is coming up with a large campus on Sarjapur Road.

Whitefield:

Surrounded by important micro markets like Mahadevapura, Marathahalli, Bellandur and Krishnaraja Puram. Whitefield is one of the most sought after residential locality after the invention of the IT sector in the area. The locality is seeing demand for the high-end residential apartments and for the villa projects.

The area is seeing good demand for the mid-income housing and the demand is mainly driven by the IT population. The micro market enjoys good social infrastructure and the locality is seeing good developments in physical infrastructure as well. This is one of the major reason which is pushing the demand for the luxury projects.

Infrastructure developments like the proposed roads, proposed phase II of the metro rail, etc. further boost the realty value of the region. The area is also seeing developments in the commercial market of the locality with the proposed malls like Virginia mall, Embassy mall, etc.

North Bangalore:

The advantage of the locality being the proximity to the International Airport and connectivity is one of the major factors contributing to the growth of the area. The micro market also enjoys a good and planned physical and social infrastructure. These reasons are driving the demand for the high-end residential projects in the area. Home buyers looking for a villa for sale in Bangalore can consider the locality.



Buying Real Estate In Bangalore – Factors To Consider

Bangalore is one of the cities and famous people in India from various parts of the country who want to buy houses, villas, apartments, and farm houses here. In fact, there are many choices when it comes to real estate in Bangalore. If you plan to buy property in Bangalore, be sure to consider the following factors:
1. What kind of property do you want? There are many interesting apartment and villas projects in Bangalore and you can easily get a lot here. There are also many plots for sale in Bangalore, especially on the outskirts of the city and towards the newly built international airport. There are also many resorts near Bangalore; Investing in it is a good way to have a vacation home or rental income source.
If you are looking for affordable properties in Bangalore, Prestige Meridian Park is a cluster of apartment towers that comprise The Prestige City, an upcoming residential development project being constructed by the Prestige Group in the idyllic location of Ittangur on Sarjapur road.
Because the city is still growing, it is very easy to buy land plots where farmhouses can be built. In fact, there are enough requests for them because of the desire to live in the midst of nature. How do you plan to use your property and also the available budget for you will determine what you finally bought.
2. How reliably is the builder? There are many construction companies in Bangalore because this is a very large city. It’s best to choose one that has a good track record of building the type of property you want to buy. If you are looking for a villa, it makes no sense to go with a customer builder in building a condo. Be sure to visit the Builder project to get a good idea about the quality of construction. Talk to other buyers if possible.
3. Does the property appreciate the value? You can get an idea about this if there is an adequate public infrastructure planned around it. Search for schools, hospitals and retail companies that will attract people to live in the environment.
Don’t get carried away by the hype and publicity when buying a property in Bangalore. If you buy a very high valued property on the image account it will be very difficult to make money from this agreement. It must be recognized that property prices in Bangalore are very low when compared to other big cities in India, but this city can offer excellent quality of life which is very few other places in India.



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