Real Estate prices in Bangalore have been very stable while compared to other major metro cities of Mumbai, NCR and Pune. Infact even in other southern cities like Hyderabad and Chennai Real Estate price have also been reasonable stable. Of the total supply in Bangalore, atleast 50% of the supply is in ticket size of Inr 30lakh to 80lakh segment catering to the different income segments.. The prices have witnessed a natural organic growth which is supported by strong fundamentals of infrastructure, employment hubs. Also to give due credit the Bangalore Real Estate market is developed by very good developers like Brigade, Sobha, Puravankara, Prestige, Godrej, DLF etc in residential segment and Embassy and RMZ in the commercial segment. In addition, there are other developers like Mantri, DSR, SNN Raj, DNR corp, Nitesh etc.
The developer community have played a key role in transforming the real estate of Bangalore. They have formed an association of known CREDAI headed by Irfan Razack who is also the chairman and MD of Prestige Estates and one of the largest developer in India. Considering the significant growth witnessed in the IT/ITeS segment, the employment and income levels have grown multi-folds, the real estate prices have remained stable.
If you are looking for a great living space in the lap of nature, Prestige Park Grove is your ideal destination. Situated in one of the prominent localities, Whitefield, this sprawling upcoming residential complex spells opulence with its grand structure and impeccable design. Whitefield is one of the well developed prime localities with upscale infrastructural facilities and prominent employment hubs, where Prestige Park Grove offers classy 1, 2 and 3 bedroom homes with top-notch fitness and recreational amenities amid mesmerising views. The property promises to be the dream dwelling of the modern well-heeled home buyers, offering a holistic living experience.
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