Increase in demand for homes in Bangalore due to IT cluster - Property In Bangalore

An upcoming location in Bangalore is Varthur which is said to be well-connected to the city through Old Airport Road along with the periphery region through Outer Ring Road. Varthur is becoming an ideal destination for IT/ITES professionals due to the easy access to the location through Whitefield, Panathur, Sarjapur and Marathahalli.

There are numerous factors that are in favor of this region. The experts believe that the region will perform pretty well once it gets upgraded. Also, there are various expansions that are taking place on the Varthur-Gunjur belt, this is mainly due to the close proximity to Sarjapur Road and Whitefield. The Sarjapur-Marathahalli stretch of the Outer Ring Road is doing pretty well whereas Whitefield is a well-developed market. The region has picked up really fast as it is close to both Whitefield and Sarjapur Road.

The area has some well reputed schools that are functional in this belt. This is one of the key factors that are attracting the buyers to look and buy residential property here as this is either close to their children’s schools or either their workplace. Also, there are numerous residential choices that are located in and around the Varthur-Gunjur Road. The area has well-constructed social infrastructure with presence of various retail formats, international schools and healthcare amenities. Thus, the area is witnessing many residential transactions of late. There is an increase in the population due to the increased commercial and industrial activity. This definitely offers improved feasibility for the residential developments in the coming years.

The areas around the Varthur-Gunjur belt and Kadugodi are definitely emerging as a new housing areas in the Whitefield region. These are well-connected to Whitefield and ITPL main road along with the various parts of the city through National Highway 4. Varthur is famous for its extensive villas developments.

The villa projects in the region are located on an average area of 2,500 square feet to 5,500 square feet and these villas are priced from 9,000-11,000 per square feet. On an average, 5,000 housing units are under-construction in this area and most of the forthcoming supply is in the mid-segment group.

There is a lot of competition in the region when it comes to the villa projects which definitely makes it more preferable. Varthur has around 3,200 units of housing stock presently in the region. However, the major focus in on the premium segment in Whitefield main road, and the affordable residential category in located more towards this region. Definitely looking at all the infrastructural developments, the city has a lot of potential to command and grow in the future. Amongst all the Property in Bangalore, Varthur is one of the fastest developing region with great investment returns in the future. Buyers who are willing to buy residential and commercial property in the region should not waste any more time and instead should invest in property in Varthur and nearby regions.

Places to Buy Property in Kolkata

Kolkata is said to be the third metropolitan city of India after Delhi and Mumbai. The Demand of Property in Kolkata is increasing at a rapid speed throughout the year. The residential property in the city offers good infrastructure. There are many housing segments that are available at affordable prices even the 3BHKs are available at reasonable rates. There are many good localities or areas where one can buy a reasonable house in Kolkata.

New town is the place where many renowned residential areas are coming up and many of these projects are in action and the construction is taking place in full-swing. Earlier, this areas consisted of two cities Bhangar and Rajarhat which are said to be well-developed in a planned manner. The New Town consists of three areas namely Area-1, Area-2 and Area-3. Among there Area-1 and Area-3 majorly consists of residential area, malls and some renowned developments along with gated communities.

Another major area is Garia which is an upscale city in the south of Kolkata. It is said to be a quiet area, an apt option for people who want to stay away from the crowded localities of Kolkata. There are many residential complexes that are coming into this region. Garia also has many restaurants, educational institutes, hospitals, shopping centres and many other interesting places.

Dum Dum, another city in North Kolkata is said to be one of the main entries to Kolkata. The area provides smooth and amazing transport facility which makes it an appropriate choice for buyers who are searching for Property in Kolkata which good transport facilities.

There are numerous places like these that have amazing options for Residential Property in Kolkata. These places are Santoshpur, Sonarpur, Tollygunge, etc. Many of these localities provide housing at reasonable rates which makes it more appealing for the buyers. The real estate in the city has great advantage of industry existence and infrastructure. Also, many of these residential projects are well-equipped with modern and world-class amenities which makes this city a good option for investment in residential properties.

Climate Change Affects The Real Estate in Kolkata

Climatic changes are adversely affecting the whole world, but its visible affect can be seen in the Property in Kolkata . It is definitely not a good thing that the alteration measure for climate change are tremendously expensive which improves the input on construction of property.

Earlier, people used to buy property easily, now it is not the same. People get into the minutest detail for the project that they are thinking of investing in. With the change in the climatic conditions, people are taking all the possible measures to buy a property that is not risky during these climatic changes.

Due to global warming, there is a rise in the temperature of the Indian cities and Kolkata is one of the cities that the climatologists declare as a risky place to live in. Apart from the increase in the temperature, the increasing sea level is also a threat to the real estate market.  The city Kolkata is in close proximity with the sea level which is of immense strength, this worsens the situation even more.

This becomes difficult for the real estate developers to convince the customers to invest in real estate especially when the climatic condition is ticking away. The experts believe that Kolkata needs time to adapt to the climatic changes since it is an old city and infrastructural changes would take time. They suggest that people should invest more on the suburban areas as these areas are relatively cooler than the city.

People are now-a-days showing a lot of interest in high-rise luxurious towers especially in the suburban areas of the metropolitan cities. The major reason for this shift is the over-populated places and people are searching for new residential property away for the rush of the big cities.

Thus, there is growth in the suburbs of cities especially Kolkata. The real estate developers are focusing on places like Hooghly, Nadia, Howrah on providing top-notch amenities and providing the quality of living to residential residents. Not very far from the city, these places thoroughly changing the way of living of its residents.

The residential places are affordable in these regions and they are easily accessible from the city as well. The developers are offering a healthy lifestyle with amenities like security, water supply, 24x7 power supply, and much more. It definitely an amazing opportunity for the people to invest in these projects as there might be an increase in these properties in the coming time.

There are numerous localities that shows good market For Property Sale in Kolkata which definitely is an amazing news for property in Kolkata. There is coming up of some huge townships within the next 5-6 years. Therefore, property in Kolkata yields good returns in the future.

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