The capital city of Karnataka, Bangalore is located 1000m above sea level. Having major industrial and commercial centres, it is one of the fastest growing cosmopolitan cities.

According to an estimate, 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.

More Information on Bangalore Property 

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