A Quick Look at the Trends within the Bangalore Residential Property Market

The residential real estate market of Bangalore is back with a bang after the economic slump. An array of residential properties is coming up all across the city. The following post explores the residential property market with a focus on south Bangalore.

Bangalore Property Market

Popularly known as the Silicon Valley of India, Bangalore contributes 33 percent of Indian IT exports.

Bagmane Tech Park, Banglore

The city is home to nearly 800,000 IT/ITeS professionals and this accounts for about the 55 per cent of the total demand of the organized real property market of the city. The total residential households in Bangalore has increased at a CAGR of over 6 per cent over the last five years with an average of nearly 95000 new homes being added almost every year. With an estimated residential market size of 92 million square feet, the real estate market contributed greatly to Karnataka’s Gross Domestic Product (GDP).

However, the economic slump had affected the real estate market to a certain extent and while there was slow progress in sales, within a few years, the market gained a renowned momentum and the real estate market bounced back. And now according to experts, the complete residential households in Bangalore continue to grow at an average of 5–6 per cent per annum. This growth has been led by the coming of several new migrants. 

Trends within the Bangalore Realty Market

Some characteristic features of the Bangalore realty market comprise the following:

• The rental property market of Bangalore is more in demand owing to millions of IT professionals. Most of these professionals choose to reside in flats on rent in Bangalore. It has been observed that the Bangalore residential realty market is highly fragmented with a large presence of both—organized and unorganized players.   
• Small apartments in Bangalore are in much demand especially among the IT professionals. This is because these are not only affordable but also easy to maintain. South Bangalore is one of the major micro-markets within the Bangalore property market. 

South Bangalore Property Market

Banglore Skyline at Night

Let’s explore the south Bangalore property market in a little more details:

This part of the city is comparatively posh and this is where the major IT hub is located. Some major developments worth noting in this part of the region are explained below:

Home to the Electronic City, several other locations of the region are growing in leaps and bounds. The locality named Bannerghatta Road is all set to evolve into a prime location in south Bangalore. Many reputed builders have been capitalizing on the potentialities of the region; and thus a host of new residential projects have been commissioned. High-end localities, the price band of apartments usually range from INR 90 lakhs to INR 4 crores in this area.

Begur Road, lying very close to Banerghatta Road has turned out to be a good real estate market for investments. An upcoming area, the prices of residential properties in Begur Road range between INR 2800 to INR 3500. Considered an affordable region for property investment, the locality is home to multiple smaller projects.

Alternatively, the micro-market of the Electronics City offers residential properties at a cost of INR 3000 to INR 4000 per square feet. In this region, the mid-segment housing has been the biggest grosser.

Jigani, an industrial area within the south Bangalore region has recorded a boom with reputed builders foraying into the market while Kanakpura continues to be one if the favourite locations for real estate investments. From affordable to mid-segment – all kinds of properties are available in this region and it is expected that this market will consolidate in the near future.

The south Bangalore property market is only a microcosm of the total property market of Bangalore. Moreover, with a rapid infrastructural boom the property market is expected to witness a better future with more stability. Investing in the Bangalore real estate market is definitely worth.

About Author:

Sampurna Majumder writes on behalf of 99Acres, which is an internet portal dedicated to meet every aspect of the consumers’ needs in the real estate industry. It is a forum where buyers, sellers and brokers can exchange information. At 99 acres, you can advertise, search, sell as well as rent a property. The above takes a look at the Bangalore property market.

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Awesome Cool Temperature Around The World | France | Italy | Dubai | Malaysia

As temperature ranges up and snow storms are going to chill, most of the people avoid staying inside. Even though it is cold, now is the time to head out for a long journeytrips or just a stroll around at different places to appreciate the fresh snow. You just need to remember to take your photo camera along to catch these wonderful winter time moments. The below given text is about winter around the world to get some prior information for your trip. 

France

For tourists winter is the least attractive season in France. But due to several reasons it best suits to fun lovers and one of them is the cost effective entertainments and retail sale prices that are offered twice in a year like January and July. Tourists can enjoy here different kind of winter sports like snowboarding, mountain hiking and ski over the snowy hills. The beautiful landscapes and scenery is all around the capture a huge number of visitors around the world.

Italy 

For tourists who enjoy winter and the season would not affect much, Italy can be the best destinations to visit. Although Italy seems less crowded during winter season due to severe cold but still the city remains in its full mood to entertain its lovers with its winter opera and live theater shows. These theaters are offering best picture of city’s historical background to tourists. The city is less crowded in the winter so tourists can better enjoy city’s environment and recreational spots in a peaceful atmosphere. Moreover the city looks amazing during the snow fall, so tourists can better avail a chance to see the snow all around. The great mountains of the Italy provide best opportunities to sports lovers. 

Winter Festivals in Italy

The significant festivals celebrated here are happy New Year, Christmas celebrations, Easter and Carnevale season. People of Italy celebrate these festivals with full energy and spark. Family gatherings, dinner parties and social gatherings are part of these festivals while the entire city is decorated with lightening. 

Dubai 

As compared to West and South the Middle East has the hot and moderate climate but provides best deep sea fishing spots in Dubai to explore with the help of professional skippers. Similarly you can get in the desert in the winter season to have fun with desert safari, sand bashing, camel ride, quad biking and a luminous belly dancing show with the superb dinner.

recreational opportunities. Its deep ocean has much to explore while its scattered desert has enough to enjoy. The city has tremendous offers and deals to take. If you want to go for fishing there are so many

Malaysia

The best of Malaysia truly Asia has the glowing sun and blue skies throughout the season. The winter here is not much different as one can get sweating when out for work or entertainment. The best way to get maximum excitements here are move for its clear water beaches that are capable to give tourists a soothing feel.

Author Bio:

ShezaaNehal is a professional content writer and has a grip on the core areas of entertainment and fun activities like adventurous desert safari, fishing, boating andswimming etc.

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San Francisco With Kids - Golden Gate Park - The Embarcadero

San Francisco is many things.  One of the most European cities in America.  One of the food and wine centers of the world.  One of the most diverse cities in terms of people, income and political persuasions.  All true.  What San Francisco isn’t known for, is being the most kid friendly city in the world.

After starting my wine business, I ended up living only a short BART (Bay Area Rapid Transit, it’s our version of the Subway) ride away from San Francisco.  We’ve felt lucky to be able to enjoy the city year around, much of the time without needing a car and I thought that you might enjoy learning a bit about San Francisco with kids, in this space.

Golden Gate Park:

Golden Gate Park
Source: Ted Van Huisen, cc-by-3.0, flickr

Golden Gate Park is a personal favorite for two reasons, well maybe three.  First, the Koret Children’s Corner is America’s first public playground and has been recently refinished with new play structures, swings and much more.  There’s also a 60 foot cement slide down the side of a hill, so it is fairly easy to entertain larger kids, remember your own cardboard box though. Golden Gate Park is also home to any number of museums, although kids tend to love the Academy of Sciences.  One part aquarium (the best one in the Bay Area) and one part science center, it’s pretty easy to kill half a day here without feeling like you’re walking a million miles in the process.  Lastly, Golden Gate Park is relatively close to a neighborhood called Cole Valley.  It’s in many ways the quintessential San Francisco neighborhood, row homes and 6 story and under condo developments abound, as well as good food.  Our favorite is The Ice Cream Bar, an old time soda fountain, ice cream shop and sandwich joint all in one. If you’re lucky, you’ll run into the flock of wild parrots which call the neighborhood home on your way to lunch.

The Embarcadero:

My son has learned to ride his bike, largely on our street, but also along the Embarcadero.  No matter what you and your kids are looking to do in San Francisco, you can likely find it along the 10+ miles of the Embarcadero.  From Pier 39 and Boudin Bakery on one end to the world famous Exploratorium (a hands on science museum perfect for kids between 4 and 8) and TCHO chocolate’s tasting room, there is a little bit for everyone.  Parks for little kids can be difficult to find in San Francisco, one of the best spots is adjacent to ATT Park, where you’ll find a diverse group of families almost all local to the city itself.  ATT Park also opens its play areas (slides included) to kids for free on weekends during the off season and certain away games during the baseball season.  Have a look at the schedule, it’s a nice way to kill a bit of time as well. There generally isn’t food served on off times, but there are a number of interesting and cheap eats directly next door to the stadium.

About Author:

By Mark Aselstine

Mark Aselstine is the owner of Uncorked Ventures, a San Francisco based wine club and gift basket business.  He enjoys spending time with family and exploring his adopted home of the city by the bay.

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