Bangalore, known as Bengaluru, is the capital of Karnataka, India. It is well-known for being the IT hub and countless startup businesses. It is well known as the Silicon Valley of India. The City attracts people by its beautiful weather and nearby hill stations. The City is known for its green gardens, big trees, and serene lakes. It is also famous for hosting excellent residential communities with world-class homes. The place is 3000 feet above sea level and bestows the best climatic conditions throughout the year.
The need for homes has grown more. People move into the City for many reasons. As a result, the real estate sector has experienced growth to meet the demand. If you are confused about buying or renting a house, buying one is better. The correct time is to invest.
What makes Bangalore a more reliable city to settle down
Safety & Life Quality: Bengaluru takes precedence in luxurious residential projects. Reputed builders have designed homes with unmatched lifestyles and quality.
Modern housing designs blend with resort-style living. It gives easy access to medical facilities, schools, and workplaces. There is a sense of security in apartments and gated communities.
Bangalore is a Remarkable City: Bengaluru is a thriving metropolis. It is a Startup Capital and India's Silicon Valley. The City's real estate market is humming with investment prospects. Bangalore real estate promises enormous appreciation and high returns. It has an excellent domestic and global network and the best framework. The City is a growing presence of IT clusters.
The Progress Graph of The City Is High: IT experts are relocating to Bangalore for job space. The region's economy has grown more than the rest of the City. The City is the center of research labs and defense headquarters.
Bangalore House Costs: Your desire and budget will help to decide whether to rent or buy a home. The cost of living will affect accessible lifestyles and services.
If a student or bachelor wants to rent, they choose apartments or hostels. There are 24/7 food and medical services available. Students and workers get excess essentials even at midnight.
The rent outlay every month might range from 8,000 to 15,000. The monthly rent for families with floor area will be between INR 15,000 and INR 30,000. The rent can differ according to the size and location of the house.
Bangalore offers all types of people appealing housing hope, which includes investors and non-local workers. Location is the primary cost, and city property rates are affordable. The cost varies on the area and facilities that surround the space.
Bangalore provides various transport, including Metro, buses, and taxis. The secondary option is to book a ride using Uber and Ola. Buses run by BMTC are affordable modes of transport. The costs of METRO will be between Rs. 10 to 60. There is a choice for a monthly bus pass for those who travel.
Lifestyle will have a significant impact on your utility costs. Bangalore enjoys mild weather year-round. It is necessary to use air conditioning. The current price is less high than in cities like Mumbai or Delhi. Internet bundles cost. INR 1,200 is comparable to other cities' numbers. Costs for power, cable, and DTH might reach INR 1,500. The typical monthly utility bill is between INR 3,000 and 5,000.
Bangalore boasts many exciting places you can visit on the weekends. The City has many amusement activities like gardens, Malls, and cafes. If you go to public places, you will spend around INR 1,500–3,000 per month on amusement.
It is affordable to watch a movie in a theatre or shopping center. There are township projects as well if you prefer not to travel.
Bangalore is developing. It is perfect for staying if you are looking for perfect weather conditions. And a lifestyle that is not exhausting. The City has all amenities that will boost your career and family life.
Some of the Best Prestige Projects Launched in Bangalore in 2023 are
On Chikkanahalli Road in East Bangalore is Prestige Park Grove, an enclave of apartments and villas by the Prestige Group. The stunning complex of opulent homes is on a large 78.175-acre plot of land in this premier area. The launch of the premium project is scheduled for July 2023. The construction of the enclave will be finished in four years.
The project's name has been carefully chosen and brings up visions of a lush forest of trees. The positive effect that greenery has on both physical and mental health is well known. With this in mind, the project has been lovingly laid out and has a number of gardens and parks, as well as forested areas.
Whitefield is a thriving area with some of the best infrastructure. It just takes an hour to travel 32 kilometers to the airport. The metro system and great roads here aid in connectivity. There are also a lot of hospitals, schools, colleges, banks, fuel stations, and shopping malls in the area.
Prestige Serenity Shores is a brilliantly crafted housing venture by Prestige Groups in Whitefield, Bangalore. The site spreads over 102 acres of land extent, to host beautiful homes with plush designs and fittings. The project is set to be launched by the end of 2023. The possession of the flats will be initiated in 2027. The flats are featured in the size scope ranging from 905 sq ft to 2882 sq ft.
The flats are structured over high-rise towers in the size forms of 1, 2, and 3 BHKs. The premise is close all vital comforts needed to lead an easeful life. There are many good schools and colleges around the project site. There are good health facilities and leisure hubs close to the project premise.
Prestige City Sarjapur is an exalted residential haven by Prestige Group located on Sarjapur Road, Bangalore. The project is an ongoing venture that started its construction in Nov 2021. The project spreads over massive 180 acres of land space. The site features 4000 plus apartments, villa homes, and plots. The flats are offered in size extents of 1, 2, 3, and 4 BHK units.
The flats are priced between INR 46 Lakhs and 1.45 Cr. The SBA of 1 BHK flat is 650 sq ft. The SBA of 2 BHK flats is 950 sq ft. The SBA of 3 BHK flats ranges from 1629 - 1865 sq ft. The SBA of 4 BHK flats is 2200 sq ft.
Prestige South City is a grand housing harbor by Prestige Group, offering luxury apartments. The project site is located on Kanakapura Main Road, Bangalore. The site is surrounded by well-laid social and civic amenities. The premise lies within a close precinct of all vital comforts aided with good access and connectivity. The construction is set to begin by the end of 2023. The possession of housing units is expected to commence in 2027.
The projects include elegantly planned 1, 2, and 3 BHK flats offered in various size forms. The site includes 80% open spaces equipped with top frills and luxuries. The high-rise flats are designed to welcome a good inflow of daylight and fresh air.
Prestige Park Ridge is a thoughtfully crafted housing launch by Prestige Groups on Bannerghatta Road, Bangalore. The site covers vast land bounds to offer elegant apartments with ritzy outlines and fittings. The township is set to be started by the last quarter of 2023. The flats will be ready for residency by the end of 2027.
The flats are featured in the size scopes of 1, 2, 3, and 4 BHKs. The pricing of the units starts from INR 50 Lakhs. The premise is close to all essential needs and comforts required for leading an easeful life. There are top colleges, schools, and health facilities around the project site. There are many leisure and entertainment hubs close to the project premise.
Prestige Southern Star is an upcoming housing venture by Prestige Group featuring luxury apartments for elite living. The project is located on Begur Road, close to all prime tech hubs and IT parks of east Bangalore. The site features 1, 2and 3 BHK flats in various sizes, scopes, and price ranges. The project is envisioned to be launched by December 2023. The expected completion tenure is by mid of 2027.
The premise includes high towers with multiple upper floors to host well-laid urban flats. The site reserves 20% of its total area for rooting the housing structures. The open area covers close to 80% of the net project size. The project includes top-end amenities and luxuries with curated green zones all over the premise.