Bangalore has been the cynosure of real estate developers and prospective homebuyers alike for long. The picture is no different in the present lockdown situation. Hailed as the country’s Garden City and then its Silicon Valley, the city is emblematic of India’s rapid urbanization.
Ranked as the most dynamic city in the world once in 2017 by JLL City Momentum Index, Bangalore has become the torchbearer of entrepreneurial endeavours and a hub for futuristic start-up ecosystems. The city has witnessed an incremental upsurge in urban population owing to its smart infrastructure, soothing climatic conditions, robust macro-economic dynamics, wide expansion of IT sector, and a stable real estate market for millennials from all walks of life.
Latest development favouring real estate investment in Bangalore
By virtue of its immense urban growth potential, Bangalore has always been in the whirlwind of development.
Traffic to whiz
The eight-lane corridor between Okalipuram Junction and Fountain Circle, comprising of loops, underpasses, and under bridges will breathe a new life into the city scape in the coming months. Key areas like Rajajinagar, Nagarbhavi and Vijaynagar will be immensely benefitted from this development.
The construction of six more elevated corridors at a cost of 15,825 crores will wipe out traffic gridlocks in the city, providing a respite to office commuters in the city.
The metro infrastructure in the city is on a rigorous expansion mode and is slated to make transport in the congested city hassle-free and faster. The 8.8 km metro line 2 connecting Mysore Road to Kengri and 6.6 km long route from Yelachenahalli to Anjanapura Township has been completed. Once the project becomes operational, we will see an uptick in residential projects in the micro-markets of Mysore Road and Kengri. The operation of the 42.30 km Green line has led to a flurry of residential developments in areas like Peenya, Yeshwantpur, Rajajinagar, Sampige Road, Krishna Rajendra Market, South End Circle, Jayanagar, JP Nagar and Puttenahalli.
Lakes back to glory
The lakes of Bangalore have added a charm to the city for decades. Though through the decades, citizens of Bangalore have been witness to a litany of lake woes, the picture is improving of late. Massive restoration projects for Bangalore lakes have started by the government. The Jakkur Lake is a shining example of such restoration.
Investment in residential projects rising in leaps and bounds. Why?
Bangalore with its diverse social fabric attracts a variety of people from different ethnic and cultural backgrounds. The city is one of the fastest metropolises in the country owing to its cosmopolitan nature.
A sound start-up ecosystem, booming commercial activities, upscale educational and research facilities, and good governance leading to rapid development in the city have been instrumental to its improving status.
The city’s real estate market is stable and dynamic with the absence of drastic fluctuations. Moreover, international investors choose Bangalore as a prime destination for investment due to its robust price appreciation history.
The residential destination you simply can’t avoid investing in
In sync with the sublime beauty of Bangalore, Godrej has unveiled a residential project christened Godrej Aqua in Hosanhalli. The project is coming up on an expansive 7.2 acres of land offering 550 apartment pieces spread over 9 towers. The project is Bangalore’s first residence having a fully sustainable water management system.
The project offers unmatched living experience with stylish, elegant, spacious and well-equipped living abodes, designed to transport you to a world of luxury. The apartments come in 2BHK & 3BHK configurations, with sizes ranging between 732 Sq.Ft to 1237 Sq. Ft. and carrying a price tag of 69L to 1.18 Cr.
Godrej Aqua is located strategically on the International airport road with good access to all major points of the city. Bangalore International Airport (14.7kms), Bangalore Cantonment Railway Station (21.4 kms), Jalahalli Metro Station (21.4kms) and Yeshwantpur Metro Station (22.1 kms).
The project has a slew of amenities including swimming pool, jogging track, yoga deck, zen garden, children’s play area, amphitheatre, soccer field and cricket pitch.
The magical investment formula – The Godrej 10:90 Payment Plan
Godrej has come up with a once in a lifetime investment plan called “Godrej 10:90“, designed to put less stress on the pocket of the home buyer amidst an uncertain situation. According to the plan, the investor has to pay only 10% of the price tag quoted by the property upfront. The remaining 90% payment has to be fulfilled upon completion of the project, when the buyer gets the occupation certificate.
The Square Yards advantage
Square Yards has been awarded an exclusive mandate for managing Godrej Projects. To fulfill the expectations of wilful home buyers, Square Yards has launched its state-of-the-art Digital Real Estate Platform for online booking of the projects.
Homebuyers can get in touch with us at book.squareyards.com for detailed interaction about the property and book a home. They can reap the benefits of stunning home deals from the stable of Square Yards. What’s more, with digital transaction tools, virtual tours and 3D walkthroughs, home buyers will be able to experience the property from the comfort of their homes.