Bengaluru
witnessed the highest level of announced investment value in 2013 at Rs. 1,979
crore ($ 31.70 crore). Completion of Namma Metro in certain areas &
Bangalore developing as one of the major educational hubs of South-East Asia
will redefine the character of Bangalore, bringing about an impact for
justifying the increase in investments in Real Estate.
The
Real Estate Regulatory Bill and the Land Acquisition, Rehabilitation and Resettlement
Bill which was expected to be passed in 2013 was finally approved by Indian
Parliament on 5th September 2013 with some amendments under the name of
"The Right to Fair Compensation and Transparency in Land Acquisition,
Rehabilitation and Resettlement Bill, 2013" (hereinafter referred to as
"Land Acquisition Bill"/"The Bill"), has helped the Real
Estate sector grow further in 2014.
These
are few of the factors which would influence the real estate growth in
Bangalore in 2014.The return of investment in real estate sector has
outperformed than any other sector.
Bangalore
is an ideal destination to invest in real estate due to various factors,
Silicon Valley of India, IT Hub and various Universities rising in number. Many
people would prefer investing in Bangalore. NRI s top priority is Bangalore
when it comes to investing in Real Estate.
Top
notch real estate giants coming up with projects in Bangalore. Investing in
commercial land, agricultural land, land for schools, hospitals or resorts,
land for houses, shopping malls and more will also prove to be beneficial. There is also increase in Employment
Opportunities, increase in manpower required for several projects.
About HomeShikari.com:
HomeShikari.com
is the latest service offering from the TTK Group. It was launched in 2011 for
the Bangalore market and is expected to launch in other markets in the next
fiscal year. The service leverages the operational strength of the company's decade
long expertise at handling complex property matters of NRIs. They are the first
online real estate portal to get the concept of No Spam, No Brokerage, No Ads.
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