Why Indian Homebuyers Choosing Luxury Real Estate in Bangalore over Mid-Range Houses?

1. Why Indian Homebuyers Choosing Luxury Real Estate in Bangalore over Mid-Range Houses? Over the years, Bangalore has become the city of vast opportunities, of abundance and growth with a prosperous IT sector, flourishing software industry, and successful startups, making it a global Metropolis. Today, luxury real estate inBangalore is more advanced, evolved and lucrative for both developers and buyers. Due to this, the demand for housing has been increasing and other metro cities are growing rapidly. In the coming year, the real estate in Bangalore is expected to go double as the growth in the luxury property market in India will take over the small housing market. Some reports stated that “a majority of homebuyers will be choosing luxury premium apartments in Bangalore properties over the mid-range houses. The Main Reason The same reports stated also stated that “the average age group for buying a home has dropped from 40 to 34 years in the last decade and Bengalureans are now buying their first luxury homes in their late 20s. This is really good news for builders like Sobha Limited who are looking to explore premium apartments in Bangalore with- world class amenities as they see higher demand from younger generations. At Present, this significant growth in the realty sector is a strong indication that a majority of homebuyers are willing to invest in the luxury property market. Overall, one can expect that your investment in luxury properties will be considered smart.

2. In the coming years, the experts believe that the luxury real estate market in Bangalore as compare to other major cities will be accountable for a majority of purchases. Buyers- Ruling the Kingdom You may feel that sellers rule the kingdom but this is not the case anymore as buyers’ market to buy luxury properties is highly buyer-friendly and those who wish to invest in luxury flats in Bangalore, this is the right time to make decisions. The growth will definitely make the market crowded and you might feel exhausted when finding the right property and developer for yourself.

3. A Golden Opportunity As mentioned earlier, this is the right time for tech employees and entrepreneurs to invest in best properties in Bangalore as the salaries are increasing worldwide. Apart from this, the favor from the government and tax benefits have made the Indian real estate market safe place to invest in. The presence of well-established developers like Sobha Limited provides the consumer with a wide array of choices and offers luxury apartments in Bangalore or sale and various others.

4. Sobha Limited is driven by the “Thinking Ahead” which is building today's vision into tomorrow’s living. and gifted the best of luxurious villas, apartments, flats, commercial plots in Bengaluru with cutting edge technology and buildings world-class amenities. Contact Us Sobha: Sarjapur - Marthahalli Outer Ring Road (ORR) Devarabisanahalli, Bellandur Post, Bangalore – 560103 Karnataka, India Call us: +91 080 46464500 Email us: marketing@sobha.com (Products and Sales), Sobha: www.sobha.com