The east zone of Bangalore figures high on the list of the hottest real estate destinations of the city today. This zone has seen extremely rapid growth and is rapidly developing, both in terms of residential and commercial real estate. Physical and social infrastructure has kept pace with development, making East Bangalore among the most developed localities of the city.
East Bangalore is developing rapidly and is becoming one of the most desired real estate investment locations of the city. This zone boasts of excellent physical infrastructure that is being developed constantly, adding to its allure as a residential hotspot. There is also well-developed and well-established social infrastructure such as reputed hospitals, educational institutions, and entertainment venues in this locality.
One upcoming trend in East Bangalore has been the launch of several new developmental projects by major real estate builders. A majority of new launches in the last quarter of 2020 were in the east zone, accounting for 37 percent. Another trend noted in the East Bangalore zone was the movement of the potential home buyers towards the mid-segment category.
Ready-to-move in homes are garnering more interest among home buyers with a preference for 2.5 BHK to 3 BHK homes. The pandemic brought to the fore for need for maintaining social distance and the trend is now towards low-density townships. Premium gated communities continue to be at the forefront of buyers’ interest as they provide superior amenities in classy surroundings.
A trend that seems here to stay in real estate in East Bangalore is of a move towards smart homes. Smart homes are considered the homes of the future wherein all appliances and devices can be controlled automatically and remotely. There are several luxurious, elegant developmental projects in this zone that offer smart homes and futuristic technology within their premises.
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