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Bangalore's Real Estate
Scenario
Bangalore has long been the favorite
destination of people from all over India and the World. Naturally Real
Estate always commands a premium, compared to most cities. Sobriquets such
as "Pensioners Paradise" and Garden City have given way to the
world's "Second Silicon Valley", "India's fifth
metropolis", and "Asia's fastest growing city". With leading
Multinationals setting up factories and corporate offices here, and Indian
companies following suit the price of real estate and rentals have been
driven up steadily. A Business India Survey among CEO's, Executives and
Students revealed Bangalore rated No 1. by the students and N0 2. by the
professionals as their most preferred city to live and work in.
The city has been expanding radially to
accommodate the influx.training in the process Infrastructure such as power
and roads. But enlightened and progressive Government policies are quickly
redressing these needs. Several power project have been approved . And a
system of ring roads is in place. Motivated by the stupendous growth
prospects, FBD has been consciously developing projects in the
suburbs. Eliminating pollution , well planned layouts and a protected green
belt contribute to make any investment both affordable at the moment and
promise rapid appreciation, in no time at all.
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