Prestige Green Gables Bangalore
Upcoming Residential project In Bangalore By Prestige Group
Prestige Group is coming up with luxury project Prestige Green Gables in Bangalore. Bangalore real estate market is one of the highly progressing market in India for the reason that it is mainly and more focused on end users rather than investors or speculators as in other cities like Delhi and Mumbai. Bangalore has been the rapidly growing city of India since the past few decades. IT and ITES has been the major growth driver and is responsible for aggressive real estate development in the city. Being the IT hub of India, Bangalore has diversity of population with impressive social infrastructure, excellent educational institutes and constantly upgrading physical infrastructure. Currently, the most promising residential micro-markets are Outer Ring Road (ORR), Sarjapur Road, Whitefield and North Bangalore.
The real estate sector has had a progressive consequence on the micro-markets in Bangalore in areas of east-west corridor from Baiyappanahalli terminal to Mysore Road terminal and also along the north south corridor from Puttenahalli to Anjanapura Township along the Kanakapura Road. Due to the development of Metro, there are many renowned builders coming up with new projects that will bring remarkable changes in the proximity of the Metro lane. With the coming up of metro project,the real estate prices are expected to ascend by 25percent in the next four to five years. As the population in the city grows with the parallel growth in infrastructure, the main reason behind the soaring up of real market is the brilliant connectivity from one part of the city to the other. The city has a balanced market in terms of pricing of the property as well supply of the residences. The cautious role played by the developers lead to the growth of market which is driven by customer demand and not by mere speculation.
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