What is the first thing that comes to your mind the moment you hear someone saying Bangalore? If not all a majority would have thought of IT and technology. Yes, Bangalore truly is a paradise for all IT geeks. The IT boom has revolutionized the real estate sector of Bangalore with equal pace. The tech-savvy city of Bangalore invites all the IT geeks and professionals from around the world promising a golden career graph. This, as obvious, increases the population of Bangalore. With fatter pay packages the IT experts look for a lifestyle nothing below an international standard. This is why a demand for residential apartments in Bangalore has shot up and governs the real estate of the city.
The gardens of Bangalore for which Bangalore was once famous for are slowly losing their charm as most of the open spaces are occupied by concrete structures. In the yesteryears, the bungalows of Bangalore were a pride as far as accommodation was concerned, but now they are slowly being replaced with stylish apartments infused with all the possible amenities. Residential apartments in Bangalore have majorly been developed in South Bangalore in upcoming areas like J.P.Nagar, Jaya Nagar, Kanakpura Road and Bannerghetta Road. Sale of residential apartments in Bangalore has seen a marked increase due to the affordable pricing, security offered, amenities provided and the ease of getting home loans.
The residential apartments in Bangalore have become a favorite with the inhabitants of the city primarily because of security concerns. Independent houses are more prone to theft, murder and any other form of violence whereas the 24×7 security, intercom and CCTV facility (at the entrance gate) in the residential apartments of Bangalore make them fare more secure. The cost of residential apartments in Bangalore varies as per the location. The cost of residential apartments in prime areas like MG Road, Lavelle Road, Indiranagar etc. costs nothing less than a whopping Crore or so. Its not that the city ignores the residential needs of people with a budget not as lavish as a Crore. The outskirts offer residential apartments in Bangalore at an affordable price. 2 BHK residential apartments in Bangalore lead the sale charts of the real estate developers.
Bangalore has realized that residential apartments are the only answer to fight the space crunch and the growing pressure on land. Many reputed builders have constructed several residential townships while many are yet to be launched. Comparing the advantages of living in a residential apartment with that of living in an independent house, the former is surely a safer bet.