VIEWS: 22 PAGES: 3 CATEGORY: Lease/Rental Agreements POSTED ON: 6/9/2010
Bangalore is the capital of the southern state of Karnataka and presently Asia's fastest growing cosmopolitan city. The city is also known as the Silicon Valley of India as it exports 35 percent of software across the world.
Bangalore Property Booking@9741773331, Buy NRI Property Bangalore Book Now Affinity I About Us I Developers I Leasing/Rent I BUY/SELL I NRI I Contact Us Noida I Delhi I Kolkata I Hyderabad I Mumbai I Bangalore I Kochi I Gurgaon I Chandigarh About Bangalore Real Estate Property: Bangalore is the capital of the southern state of Karnataka and presently Asia's fastest growing cosmopolitan city. The city is also known as the Silicon Valley of India as it exports 35 percent of software across the world. The city is home to renowned educational and research institutions, most high tech industries. The property trends that govern the Bangalore's real estate market include government initiatives for development of the city as a way of promoting demand for real estate property through private builders / developers and corporate. Residential townships have developed at various locations as naturally. Bangalore is experiencing an all time high in the real estate valuation in both the domestic and international markets. It can be a brilliant choice to invest in Bangalore real estate. Projects sanctioned by the Bangalore Development Authority boast of unique advantages of high-profile properties, available within the city fringes at better re-sale values and above all, better price appreciation. The development of residential properties in Bangalore shows a great deal of planning and high-quality architecture, engineering and refined urbanism in good measure. These have the backing of good infrastructure along with pleasant greenery. There are entertainment and fitness centers like Gyms, indoor/outdoor sports, international quality shopping complexes. Reputed real estate developers in Bangalore implement quality- housing projects by adapting latest technologies. Bangalore (Bengaluru), India's 5th largest city is the capital of Karnataka State and one of the most charming cities of the country. Today, it's best known for its unparallel industrial and commercial growth attained in recent years. The city's rapid technological advancement in the software arena has earned it the title of "Silicon Valley of India". This city of immense opportunities is undoubtedly one of the most preferred destinations in India for foreign direct investment (FDI) such as joint ventures and Real Estate investments. The capital city of Karnataka, Bangalore is located 1000m above sea level. Having major industrial and commercial centers, it is one of the fastest growing cosmopolitan cities according to an estimated, Bangalore presently is facing an acute mismatch between demand and supply in the residential segment - something to the tune of 25%. This is primarily because of frantic escalation in demand mostly coming from the IT and ITES companies. To bridge this gap, residential development is in top gears in Bangalore’s south and eastern regions of Bannerghatta Road, Whitefield, Outer Ring Road, Hosur Road, Airport Road, JP Nagar and Bellary Road. A significant feature of real estate development in Bangalore is burgeoning of demand in luxurious apartments and villas. The demand is primarily coming from NRIs and IT professionals returning back home and searching for a dream abode. Nothing surprising, many such projects are underway and prominent developers like Chaithanya Projects, Puravankara Projects, Sobha Developers, Adarsh, Prestige, Kristal, etc. are presently engaged in it. However, a serious problem which has emerged for Bangalore in recent years is its crumbling infrastructure which if not improved on an urgent basis may become a deterrent for new companies to set their base in Bangalore. NRI Real Estate in India: NRI Real Estate Investment has been on a sharp rise in the recent few years. This can duly be attributed to the tremendous growth in the Indian realty sector with an average of 30% last year. India being the fifth largest economy in the world and the second largest among rising nations has shown a potential growth in investments destination for the NRI population. The real estate bubble is blooming with huge investments from all sides, the Government of India (GOI), individual builders, infrastructure developers, large conglomerates and NRI's or the Global Indians. The contribution of the Indian Government and other factors to the attraction for NRI investments in realty sector of India includes: • Sale of land for residential, commercial and industrial development. • Liberalization of rules by GOI and RBI regarding NRI property and NRI homes investment. • Infrastructure support for the realty development all across the country • Policies for transparency and facilitation of real estate transactions • No restriction on the maximum number of properties that can be bought • Easy finance availability • Simpler repayment processes like normal inward remittances or debit in their NRE or NRO bank account. Contact at: 9741773331 For Booking Property and More Information Contact: AFFINITY SOLUTIONS (P) LTD (The Real Estate Consultants) Mr. Moses.V – 9741773331(Bangalore Office) Mr. A. K. Jain – 09811159064 (Delhi Office) 16469150050 (US) | 442030516831 (UK) http://www.affinityconsultant.com email@example.com firstname.lastname@example.org
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