About Electronic City
Bangalore - The Electronic City of India
Bangalore has become the shining spot in Indian real estate market. The city which is known as the Silicon Valley or the Electronic City of India has seen immense demand from real estate investors from India as well as abroad. The city boasts of having India’s largest electronic parks; spread over 332 acres segregated into three zones called Phase I, Phase II and Phase III. The area is the hub of over 200 IT/ITES companies in India and provides employment to lakhs of people. On top of this Bangalore enjoys excellent tropical weather throughout the year, which makes it a perfect place to settle and retire. The real estate in the area has seen exceptional demand over the last few years mainly from the migrant population looking for apartments in the Electronic City.
Experts have been touting Bangalore as the stable real estate market with no major fluctuations in prices of apartments for sale in the Electronic City. Over the last few years, Bangalore has seen a stable growth of 20% -30% in spite of a subdued property market in India. For buyers looking for a long term investment, Bangalore provides an attractive investment option.
Bangalore doesn’t have a high number of unsold apartments for sale in the Electronic City compared with other Indian cities, due to huge demand from buyers. The city boasts of a large number of lakes, parks, green belts and cultural centres which make it very attractive for home buyers.
The Electronic City is well connected via the Hosur highway with the rest of the Bangalore, as well as other Indian cities. Many leading hospitals, shopping centres, hotels as well as educational institutes have opened in the area, making it a complete city within itself. The HSR Layout is one of the most profitable areas for property investment, as it is the gateway to the Electronic City. The locality has gained the preference of home buyers who want to remain connected with the main city as well as other places while staying close to their offices. The Electronic City has become the best places to buy a property in Bangalore.
Many well-known builders like Kolte Patil, Godrej, Prestige, Unitech and others are developing apartments for sale in Electronic City Bangalore, which are filled with the latest amenities and technology for the modern home buyers. The flats for sale in the Electronic City are designed with the latest technology and have extremely well-done interiors as well as other facilities to meet the demand from sophisticated home buyers.
Among the several residential developments either announced or being developed by reputed builders, there is one by the name of Kolte Patil iTowers Exente which is specially catching on the attention of the investors and home-seekers alike. Launched by the prominent builder group, Kolte-Patil Developers Ltd, the structure of the project is that it is one of the tallest towers in the area which is the main USP of the project.