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4
Aug
2014

Luxury Villas in Bangalore: Artha Zen, redefining luxury quotient

Bannerghatta Road (commonly known as BG Road) is an Indian State Highway in Karnataka that connects all the major suburbs & houses a slew of major landmarks of Benagaluru. The Government of Karnataka has also cleared the second phase of Namma Metro which proposes a third line from Gottigere to Nagavara via the Indian Institute of Management Bangalore (IIM-B). The project has been designed to significantly reduce the traffic load on Bannerghatta Road and is considered particularly important, as the area continues to develop as an urban centre. Moderate climatic conditions, wide business and earning opportunities are the important factors that have made Bangalore, a favorite destination for the people all over India. This IT hub of South India has witnessed an unparalleled increment in its IT sector especially after the recession period, which has ultimately led to a tremendous increase in the demand of both the commercial and residential real estates of the city. The real estate in Bangalore is truly on high now with booming real estate prices that have shot sky high in the past decade. The primary reasons for this price hike are the globalization of the Indian economy and increasing NRI investments in the city.

With a new stable government looking to address some problems of the previous one, and with interest rates falling, real estate in Bangalore is looking more positive for buyers and investors than it has been in a while. Given that property prices here have been relatively stable in the past few years also makes it quite attractive.

In the vicinity the capital value appreciation of over 20 % in recent years – expected to accelerate with Electronic City alone comprising over 150 companies. Add the major aspirational middle to upper middle class pockets of J P Nagar, Jaya Nagar in the vicinity and demand levels are only expected to reach higher levels. With so much of promises in this locality, it would always be a wise decision to think of an investment around Bannerghatta road.

Artha Group has always believed in catering to the expectations of customers. With all the modern amenities encompassed within, yet maintaining the peace & tranquility making it the highly sought-after property in the area – Artha Zen. Welcome to the living where technology couples with nature’s calmness. For more information, log on to www.arthaproperty.com