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If you’re looking for property in Bangalore, better to know some of the most iconic attractions of the city. Bangalore was founded by Kempe Gowda in sixteenth century. Bangalore is called the ‘Garden City of India’ with excellent weather conditions.
Lal Bagh, a beautiful botanical garden is a 240 acre park with over 1000 species of plants. The Lal Bagh garden has one of the four watchtowers and 3000 million year old rock which is one of the famous tourist attraction.
Bannerghatta National Park situated at 21 km from Bangalore is best known for its lion and tiger safari rides. The other attractions include a crocodile and a snake farm. The Aerospace Museum by Hindustan Aeronautics Limited gives a peek at the aviation industry of India. The museum has a range of aircraft, helicopters and flight engine models which shows the steady growth of Indian aviation. The Indian Space Research Organisation(ISRO) is headquartered in Bangalore.
Bangalore is called the Silicon Valley of India. Bangalore is the Information Technology hub of India. Bangalore is a hub for major information technology companies in India, It has many software technology parks which houses multinational companies. Bangalore has many industrial parks with many industries. Bangalore is a dream place for engineers with plenty of job opportunities. Biotech park is also built near Electronic city to support Bio Technology companies.
The Bangalore city’s residential market is a very stable one and people looking for buying a property in Bangalore can buy one as there is steady growth in the property value. It can provide good value on short-to-medium term investments, depending on the location and type of residential project.
Many new projects are launched many parts of Bangalore. There is increase in new launches as well as a rise in the net absorption of units Bangalore’s real estate market. Reputed builders like Brigade, Shobha, Mantri developers are coming up with many new residential projects.
Areas in North Bangalore are close to the airport is seeing many new residential project launches and demand is also increasing due to the development of IT parks and special economic zones (SEZs) such as Embassy’s Manyata Tech Park and Karle’s IT Park. North Bangalore is seeing a lot of traction due to its IT parks, and are all benefiting from their proximity to the airport.
Capital values have appreciated across areas, like Hosur Road , Whitefield and Kanakapura Road . The maximum residential project development is taking place in the city in areas like Whitefield and JP Nagar, Kanakpura Road, Hosur Road, and Bannerghatta Road in the south. Demand in areas like JP Nagar and Kanakapura Road is primarily driven by the upcoming metro line. Whitefield is getting good traction due to a lot of investor and end-user activity..
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