India’s real estate industry over the last few years has seen a massive boom due to its rising demand. The southern part of the country has mainly witnessed an increase in demand for real estate properties and Karnataka has become the main centre for real estate development. The state is likely to see further growth in this industry by 2020 and the reasons for it may be as follows.
Reduction of GST
The Government of India has reduced the GST rates on real estate development and this has led to the surge of the realty sector in the state.
Major IT hub
Karnataka is the home to many reputed ITeS and IT companies and therefore many people are shifting to the state for various employment purposes. So, the need for real estate property in Karnataka is also increasing.
New trends in the realty market
New trends like co-living, co-working and senior living are becoming very much popular in Karnataka and this new thought among the people had added to the growth of the realty market in the state.
Check out projects in Bangalore
About Salarpuria Exotic
Salarpuria Exotic is a beautifully designed private property in Bangalore. The housing property offers 2 BHK and 3 BHK houses of size ranging from 1235 sq.ft. to 1754 sq ft. The prices of the apartments here vary from Rs76 lakhs to Rs 1.05crores. The area has an excellent social infrastructure. Developed over a large area, the apartments offer the residents with all the modern-day facilities and luxuries.
About Salarpuria Sattva Luxuria
Salarpuria Sattva Group offers its latest residential project Salarpuria Sattva Luxuria in Bangalore. The township consists of beautifully designed 3 BHK and 4 BHK apartments of different sizes and the prices of which varies between Rs 2.87 crores to Rs 6.25 crores. Located at Malleshwaram, the property offers the residents with superb transportation service and modern luxury facilities.Some of the major hospitals, schools, colleges, shopping malls, restaurants and banks are easily available at the locality.
About Goyal Orchid Greens
Goyal Orchid Greens is a modern residential development providing2 BHK and 3BHK apartments in Bangalore.The property offers all the modern facilities like clubhouse, meditation centre, indoor games, kids play area, swimming pool, gym and many more. The prices of the houses here vary between Rs49.44 lakhs to Rs 65.40 lakhs. Located at Hennur Road, the township is very well-connected to all the important areas of the city.
March 18, 2020