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Posts Tagged ‘affordable housing’

Choosing Cheap Apartments for Rent

Monday, June 6th, 2011

When you are looking for cheap apartments for rent, you have to decide on what features or facilities you are willing to compromise on and what would be the deal breaker because no apartment will be available at cheap rentals with all the desired features. You have to decide what features like car parking, security, power back up, gymnasium, location, ventilation or gardens you are willing to forego for getting cheap apartments for rent. If your priority is location and proximity to your workplace or your child’s school, then be ready to compromise on the facilities available, although you’ll be able to reach work fast.

Bangalore-One of the Hot Spots for Real Estate destination in India

Saturday, May 28th, 2011

The huge real estate in Bangalore has made it one of the favorite hot spot residential destinations of today. Because of the growing market trends and migration of various working executives eyeing for jobs, real estate agencies in Bangalore have an important role to play. Bangalore residential property has become a hot spot for real estate investment because of the increase in the number of IT, ITES and manufacturing industries that have set up offices in Bangalore. The increase in the earning capacity of families and individuals is another reason for the rising demand for apartments in Bangalore.

There are various players in the real estate field playing their part as developers, constructors and builders in Bangalore. Top builders in India has cashed in with a new coinage called “affordable housing”. These firms are now coming up with affordable housing projects in and around different regions of Bangalore providing affordable residential services.

The ‘Affordable Homes’ project that has witnessed a spurt in Bangalore offers all the modern lifestyle amenities. It has turned out to be lucrative investment for the people.

JP Nagar, Whitefield, Sarjapur Road, Bannerghatta Road and Hosur Road in South Bangalore saw a surge in real estate development. Now it is the turn of Hebbal, Yelahanka and the areas towards the Bangalore International Airport, all in North Bangalore, that are playing host to the next phase of growth.

Farmers too reap benefits of real estate. Farmers, too, started converting their fields into 30 ft x 40 ft sites and selling them to Bangaloreans, who find the prices very attractive. Proximity to residential neighbourhoods and affordable rental properties in Bangalore are some of the factors attracting working professionals to invest in Bangalore property.

Though a revision in land guidance values is yet to take effect, Bangalore property prices have already started moving up in some areas.