Within the first three quarters, i.e. Q1-Q3, 2013, the city of
Bangalore has earned name for being the city with largest amount of
Privet Equity(PE) investment. The real estate properties as pricey has
Rs. 2000 crore were leased in the city during this time-period. The
research form Cushman & Wakefield has declared that the
entrepreneurs' interest in putting the commercial properties on lease
was the subject of major interest. The rate at which PE got a raise in
Jan-Sep quarter was a whopping 79%, as compared to the corresponding
quarter in 2012.
Realestate in Bangalore has made a tremendous growth with IT sector as the biggest supporting factor. The presence of global as well as national software giants have attributed a lot to the take the realty market to the next level. The demand for residential properties in the city, as a result, pushed all the way up. Add to this is the congenial environment for manufacturing and business units, the flocking of expatriates in large numbers every year, and a high potential to burgeon as a reality hub, especially in South India.
According to the Managing Director, Cushman and Wakefield(South Asia), Mr. Sanjay Dutt, the relatively pared down prices for properties make Bangalore one of the most attractive destination, both for buyers as well as investors. Developers like Sobha Developers and Prestige Estates have invested massively in the city projects. Recently, Qatar Investment Authority has plunged into city's realty market. It has invested Rs. 1800 crore for a project of a reputed developer known as RMZ.
While the investment deals got a shot in the arm, a negative scenario has also come to the light. The city slipped in its rank from 19 last year to 20 this year in terms of top investment destinations. This negativity did have an impact on residential properties in Bangalore. The drop in ranking can be contributed to the cumulative effect of factors like slumped Indian economy, high inflationary rates, unhealthy politics, and insecurity for future. In spite of all this, the city is still ranks among the top 25 list of favorable investment places.
Look for residential properties in Bangalore over Makaan.com, the topmost real estate India. The website lets you know about the current price trends for real estate in Bangalore and helps in gaining an overview of what's going on in the realty market.
Realestate in Bangalore has made a tremendous growth with IT sector as the biggest supporting factor. The presence of global as well as national software giants have attributed a lot to the take the realty market to the next level. The demand for residential properties in the city, as a result, pushed all the way up. Add to this is the congenial environment for manufacturing and business units, the flocking of expatriates in large numbers every year, and a high potential to burgeon as a reality hub, especially in South India.
According to the Managing Director, Cushman and Wakefield(South Asia), Mr. Sanjay Dutt, the relatively pared down prices for properties make Bangalore one of the most attractive destination, both for buyers as well as investors. Developers like Sobha Developers and Prestige Estates have invested massively in the city projects. Recently, Qatar Investment Authority has plunged into city's realty market. It has invested Rs. 1800 crore for a project of a reputed developer known as RMZ.
While the investment deals got a shot in the arm, a negative scenario has also come to the light. The city slipped in its rank from 19 last year to 20 this year in terms of top investment destinations. This negativity did have an impact on residential properties in Bangalore. The drop in ranking can be contributed to the cumulative effect of factors like slumped Indian economy, high inflationary rates, unhealthy politics, and insecurity for future. In spite of all this, the city is still ranks among the top 25 list of favorable investment places.
Look for residential properties in Bangalore over Makaan.com, the topmost real estate India. The website lets you know about the current price trends for real estate in Bangalore and helps in gaining an overview of what's going on in the realty market.
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