The Indian real estate market has been in the boom phase for quite some time now. Investors and buyers have been a regular player in this field. Properties in India, commercial and residential are turning out to be a good venture opportunity which is experiencing a huge leap in its profit margin. Buying a real estate in India in the present century is definitely rewarding following the ever-increasing inclination towards the property prices.
Apartments have long taken over individual plots and villas. However, with the increasing demands and in keeping with changing tastes, realtors have started constructing fully-furnished apartments. These days buyers can straightaway opt for furnished apartments in Bangalore, Delhi/NCR, Mumbai, Kolkata and other major Indian cities.
The Tier I Indian cities were the first target for the real estate projects. It was the Tier I cities like Mumbai, Delhi, Bangalore, Chennai and satellite cities like Noida and Gurgaon felt the heat of the upsurge of the real estate market. The real estate markets of all these cities were redefined overnight due to globalization and most importantly the Information Technology (IT) Revolution. These two activities were immensely responsible for boosting the real estate market of India.
The residential property market of India saw many entrants in terms of accommodations. Villas, cottages, apartments, duplexes, latest trends and designs in apartments like studio apartments came into existence. Multi-storied residential apartments are the latest trends in the residential property sector.
Real Estate Scenario in Bangalore
With the passage of time as the demand for residential spaces increased, so did properties start mushrooming all over. The south Indian city of Bangalore was one of the first cities that underwent almost a metamorphosis with the IT revolution that gave a huge boost to the real estate market of India. Hailed as a pensioners’ paradise, Bangalore went on to become the first Electronics City of India.
The commercial real estate of the city underwent a sea change with world class office spaces, sprawling shopping, multiplex theater culture and so on. Gradually, the residential property market of Bangalore began to develop and numerous multistoried residential buildings started dotting the city’s skyline. Gradually, keeping in mind the buyers’/customers’ choices, realtors began to introduce new aspects in the residential properties. These included facilities like construction of integrated townships complete with car parking, gymnasium, amenities like swimming pool and grocery store, and others.
Gradually, demands started being more specific as customers started looking for some more comfort after a tiring day. Builders came up with ideas like fully-furnished or partially furnished apartments that would easily lure the buyers. Keeping this idea in mind, realtors began constructing residential properties fitted with all kinds of amenities like furniture (cupboards, wooden racks) and modular kitchens.
Of late, three more specific varieties of apartments have started coming up in cities like Delhi, Mumbai, Bangalore and other metro cities. These include furnished, well-furnished and fully furnished flats and apartments. Several fully-furnished apartments are available in Bangalore.
Some of the posh localities of the city like Marathahalli, Whitefield and Koramangla are areas where one can find fully-furnished apartments. Other areas in Bangalore include JP Nagar, Jayanagar, Kanakpura Road and Bannerghatta. These are the sought after localities where one can find some of the best fully-furnished apartments in Bangalore. Let us take a quick look at the same.
Apartments in Sarjapur Road
One of the posh localities of Bangalore, one can find some of the best furnished flats of the city here. A 2BHK east-facing apartment covering an area of 1220 square feet will come at a price of Rs. 42 lakhs. The amenities include power backup, security, fire alarm, lifts and intercom facility. Among the external features, the property provides facilities for water storage, reserved parking, security and maintenance staff. A fitness centre, club house, community centre, area for waste disposal and area for rain water harvesting comprise the external features. This kind of a residential property will make an ideal home for a small family.
Other Bangalore localities where one can find fully-furnished apartments are Koramangla, Whitefield, Banerghatta and others.
Transit Living in Bangalore
Recently, the concept of Transit Living is fast growing in major Indian cities like Bangalore, Chennai and Hyderabad. Bangalore is one of the pioneers in this segment. They offer some of the best fully-furnished apartments in Bangalore. Corporate executives who travel for job purpose sometimes have to opt for long stays pretty often. In such cases, they prefer fully-furnished serviced apartments, which are complete with all kinds of facilities.
The concept of fully-furnished and ready to move in apartments is fast catching up in India and is expected to grow further.
Author Bio: Sampurna Majumder writes on the behalf of 99ACres.com, which is the leading real estate portal providing genuine and accurate information about the current real estate trends and different properties available in India. Such as Apartment in Bangalore