The Indian Real Estate sector is one of the most globally recognized sectors. It is going through a period of transformation. 2015 did not bring any growth in the residential real estate sector of India but 2016 has shown a silver lining with the increase as some sales have picked up in Residential Real Estate market of few cities like Bangalore.
It is the right time to invest in a Residential project in Bangalore. Bangalore has been benefited the most from the IT boom. Bangalore has seen a number of manufacturing hubs and IT parks. This led to the employees working in these corporates to settle in the same city by investing in the valuable property nearby.
Developers have been coming out with high-end residential projects in Bangalore mainly in areas in and around Whitefield. These apartments provide High-end luxurious living to the investors. NRIs are also interested in investing in these properties. These people enjoy high pay packages for themselves in this city.
With a number of high ranking universities in Bangalore, a number of young students drop in to start their career from this city and they find a lot of job opportunities to go ahead with their decision to buy property in the electronic city.
With the increase in ROI and high appreciation of the residential property, Bangalore is one of the fastest growing market when it comes to the Residential projects in India.