Over recent years, Bangalore has scaled new heights in the real estate sector. The primary reason being its status of India’s ‘Silicon Valley’. The city boasts of strong macroeconomic dynamics and stability, as the burgeoning IT sector drives the demand for real estate in Bangalore. Despite demonetisation, there were no drastic fluctuations in its property prices. For investors looking for a stable market with a long-term horizon, the city offers plenty of attractive options.
VBHC Palmhaven offers spectacular apartments with advanced features required for a high-quality lifestyle. It is in a thriving industrial area with multiple IT industries and easily accessible road connectivity to primary locations of the city.
Here are some reasons why investing in a real estate like VBHC Palmhaven Phase 2 in Bangalore is an excellent choice:
#1. Quality builders
Bangalore has reportedly more builders that are professional, compared to other metropolitan cities like Mumbai, Delhi, and Kolkata. Therefore, homebuyers do not hesitate before taking the plunge as builders are easy to work with and highly reliable.
#2. Improved mode of transportation
Ever since metros have started in Bangalore, it has given a further boost to the real estate sector in the city. In most other metropolitan cities, traffic congestion puts off homebuyers looking for a stress-free life. Traffic in Bangalore is better managed, which encourages homebuyers to invest in the city.
#3. Climate
The city’s climate is a significant reason that influences homebuyers to purchase a property in Bangalore. It stays pleasant and enjoyable for the most part of the year. Also, Bangalore has a comparatively lower vulnerability to natural disasters such as earthquakes.
#4. Stable markets
End users drive the real estate market in Bangalore. As more people migrate to the city, the demand and supply of properties are managed to cater to the shift in requirements. The market has remained stable for a very long time. This is a critical reason to invest in a property in Bangalore.
#5. IT and infrastructure
Considering lightning-paced advancements in the field of IT and infrastructure in the city, there is never a dearth of employment opportunities for freshers and professionals. This means the demand for real estate can never go down. Investing in property and renting it to earn income can be a smart option.
#6. Varied accommodation options
From affordable housing units to luxurious apartments and sprawling townships, Bangalore offers a wide range of property options to investors and homebuyers of all kind.
As Bangalore is emerging as a hotspot for people from different professions, investing in a property in the city can be a prudent decision. Opt for a Bajaj Housing Finance Ltd. Home Loan of up to Rs. 3.5 crores. It comes with flexible loan tenor and easy EMIs.
Summary
There has been an exponential growth in the number of high-end residential and commercial projects across Bangalore to cater to rapidly growing needs of people migrating to the city. Villas, bungalows, and apartments are attracting investments from NRIs as well as new business start-ups. The modern infrastructure, ample job opportunities, and IT hub have made Bangalore a haven for students, professionals, and businesses alike. In addition, builders’ professionalism, their timely deliverance, and quality work are continuing to attract more homebuyers to the city. Some other factors that make Bangalore a bright spot for real estate include pleasant climate, stable markets, and a relaxed life owing to convenient modes of transportation.
VBHC Palmhaven is a first-rate housing project offering 1 BHK and 2 BHK apartments, which blend modern lifestyle with a magnificent ambience. The project is well equipped with modern amenities, including covered parking, security, badminton court, tennis court, multi-purpose hall, jogging track, clubhouse, swimming pool, and landscaped garden. The lifestyle amenities are combined with refreshing views of surrounding greenery. Other facilities include nearby colleges, hospitals, schools, and recreational parks. Located in Kengeri, the housing scheme ensures exclusivity and privacy to its residents.
Given the inflationary cost of living, it can be difficult to fund your dream home alone without having to wipe out your savings. If you need financial assistance, you can avail a home loan from a reputed company such as Bajaj Finserv Homes and Loans that offers loans up to Rs. 3.5 crores on easy EMIs.
About the Author:
Rupesh Singh is freelance writer and founder of moneyoutline.com You can follow him on Google + & Facebook.