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Looking for Properties in Bangalore?

July 27 2011   |   Proptiger
Bangalore has been the 3rd most preferred investment destination, with Delhi and Mumbai, in first two places, says a market research report. This makes it attract more foreign investors on commercial and residential front resulting in growth of more IT corridors and residential spaces. Though the economic meltdown has tremendously affected this cosmopolitan city, in particular, it has made some good for the property investors, because the properties which were once sold at sky rocketing tags has come down immensely, making it people-affordable purchase. Though the buyers still defer their purchase, expecting further fall in the prices, the sellers are not ready to reduce it further, knowing its potentiality to move up further once the market stabilizes. With the market slowly picking up, and job opportunities steadily moving up, most top real estate players in commercial and residential stream like Hiranandani, Adarsh, Brigade, Prestige, and DLF group have once again commenced their new projects in Bangalore and the current space is said to expand by 30 million sq ft by end of 2012. This time the target has been the middle and lower income group, with properties reasonable price and built with modern trend. Thus with the new avenues slowly opening up in the economic front, and with the real estate initiating new projects at affordable cost, it is the ideal time for investors to make the right move on housing decision.



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