The Electronic City of Bangalore has not only transformed the country’s skyline with high-rise buildings but also with the rising real estate value. With the increase in demand for residential apartments near the technological hub of India, the demand for luxury homes for sale in Electronic City is rising exponentially. In this blog, we shall know about the booming real estate market in Bangalore and the rise of luxury standards of living.
Why is There a Rise in Demand for Flats in Electronic City?
5 factors for the rise in demand for apartments in Bangalore are:
1. Nearness to IT Parks
The IT parks housing top companies like TCS, Wipro, Siemens, Biocon, Tech Mahindra, etc. are located in Bangalore and attract a huge amount of workforce. Since Electronic City is situated near these IT parks, the demand for housing in such areas is growing constantly, allowing officegoers to commute to their workplace faster.
2. Proper Connectivity to Other Locations
The key factor contributing to the rise in demand for companies coming to Electronic City is connectivity. Electronic City is situated in the southern part of Bangalore and is easily accessible from the heart of the city and other various prominent localities by smooth highways and roads. These roads include Neeladri Road, NICE Road, Hosur Road etc.
3. Complete Trust and Transparency
The 21st century is also known as the era of transfer and accountability. Recently, working professionals in Bangalore have been looking for RERA-approved projects in Electronic City to safeguard their investments.
RERA or the Real Estate (Regulation and Development) Act safeguards your investment into your home by maintaining timely project completion and handover. Buildings and apartments certified by RERA also ensure that they have been developed following stringent rules and regulations to maintain quality. RERA-approved projects also mean that your building is secure and protected by law.
4. Presence of Necessary Amenities Nearby
Modern homeowners prefer an overall living experience that transcends beyond the four walls of the house. They always choose to purchase flats which have international schools and premium universities nearby. Also, they ensure that shopping and retail outlets and hospitals are within their reach. Since Electronic City offers all these amenities, it has become extremely popular among homebuyers.
5. Advanced Flats for Comfortable Living
Today’s homeowners are more concerned about the environment than the previous generation. They prefer luxury homes for sale in Electronic City that consist of a wide range of amenities like well-maintained gardens, fully-equipped gyms, round-the-clock security, etc. Apartment buildings that provide such amenities are always in high demand due to the prioritisation of convenience and lifestyle.
Innovation Meets Comfort with Mahendra Homes
With the entry of some of the tech giants into the Indian market, there has been a tremendous rise in demand for luxurious apartments within Electronic City. Whether you are in search of penthouses, chic apartments or spacious villas in Bangalore, Mahendra Aarya has got you covered.
With modern amenities and recreational facilities literally at your fingertips, we are now synonymous with luxury living. You can either choose 2 & 3 BHK flats in Bangalore, more specifically in Electronic City depending on your budget, needs and plans.
Some of the amenities you can enjoy:
- Pet-friendly parks
- Vaastu-compliant homes
- Senior citizen parks and clubs
- Common recreational halls for parties and occasions
- Live barbeque areas
- Co-working spaces in the garden
- Fully-equipped gyms
- Swimming pools and jogging tracks
So, if you are on the market looking for luxury homes for sale in Electronic City, check out Mahendra Aarya, the epitome of luxury living in Bangalore. Schedule a site visit today and all your “flat for sale near me” search today with our RERA-certified Mahendra Aarya apartments.
