Future Predictions of Real Estate in Bangalore Post Complete Unlock
Over the past few decades, India’s technological capital – Bangalore, has established itself as the Silicon Valley of Asia. Because of this, the dreams of countless Indian techies begin from this very city. From world-class educational institutes and alluring career opportunities to the calm lifestyle and ample greenery within the city, Bangalore has transformed into the perfect destination for those who are looking to scale up their careers while leading a wholesome life.
Owing to this transformation and the influx of global and domestic tech giants in Bangalore, people from across the country and the demand for luxury apartments in Bangalore too has been steadily rising. The new generation values a 360-degree living experience and demands more from life than the previous generations did. Which is why, even 3 & 4 BHK flats in Bangalore with unique amenities have been extremely well received by home buyers. Developers too have been pushing themselves to come up with unique offerings to excite residents.
What does the future hold for the real estate industry in Bangalore?
The real estate sector has greatly benefitted from the way the industry adapted during the pandemic and is poised to rebound in 2022. The pandemic also proved to be a catalyst that drove the reduction in home loan rates, and a lot of home buyers made the most of this opportunity. India’s robust vaccination drive too helped the industry thrive once again after the initial slumber during the pandemic. But now, with the rising inflationary trends of input costs, the prices are expected to rise. However, for those who are currently in the market looking to invest in a home in Bangalore, it’s not too late. While the residential sales and new launches in Bangalore have been looking up since Q3 2021, the low interest rates and attractive offers still prevail. So, the best time to invest in a property in Bengaluru is now. Bangalore has also grown to become one of the most preferred destinations to invest in for NRIs. Therefore, investing in Bengaluru’s real estate industry is projected to be lucrative in the near future.
Another trend that is currently driving the industry is the demand for homes in the city’s suburbs. As a lot of the country’s techies have been migrating to Bengaluru, this shift is inevitable as the suburbs will flourish while growing to accommodate the migrating population. Hence, the property prices in the suburbs too are set to rise in the coming years. Due to this shift in interest, developers across the city too have been working tirelessly to offer homes that fulfil more than just the basic needs. This is being accomplished through innovative solutions for amenities and by implementing new technologies. A lot of businesses too have been setting shop in suburban Bangalore owing to shorter commute times, easy connectivity and more affordable rent.
One such company that is exploring new horizons and raising the bar in real estate offerings is L&T Realty. Their latest project Raintree Boulevard in Hebbal, Bangalore, is the perfect example of where they’re heading and their vision for enhancing lives. The level of experience, expertise, and the legacy that they bring to the table is absolutely unmatched.
Raintree Boulevard is a 65-acre mixed-use development that houses both residential as well as commercial spaces. It is charmingly nestled in the serene locales of Hebbal, Bangalore and offers its residents pristine greenery all year round, thanks to almost an acre of natural forest within the premises. Raintree Boulevard offers studio apartments as well as 3 & 4 BHK flats in Bangalore that boast state-of-the-art interiors, plush with designer fittings, tiles and flooring. These chic and contemporary apartments offer a plethora of unique amenities that truly sets it a class apart. Residents of the 3 & 4 BHK flats here in Hebbal will also enjoy close proximity to major highways, as well as the upcoming Hebbal metro station and the Manyata Tech Park. Choices for institutes, healthcare, and entertainment too are plenty. With numerous malls and restaurants just a few steps away, you’ll never run out of options to explore.
So, for anyone looking for a spacious 3 or 4 BHK luxury flat in Hebbal, Bengaluru, your search ends here. Along with the most premium, luxury apartments in Bangalore, you’ll also get to lead a wholesome, well-rounded life amidst a pristine natural forest, which is an absolutely unique offering for a home in a bustling metropolitan city like Bangalore.
Disclaimer: Stock image used above is for representational purposes only