Bangalore real estate tops in India
Bangalore realty sector performs better when compared to any other cities of India and the main factors being price stability, wide property range and active workforce.
The city has crossed all other cities of India in terms of sales in the year, 2011.
Bangalore ranks tenth this year in the list of top global investment destinations, brought out by Urban Land Institute and PricewaterhouseCoopers.
Indian realty market has been lying low since last year and the sales of properties have seen a downtrend. Bangalore real estate just saw a fall of 18 per cent in the fourth quarter of 2012 while Mumbai and National Capital Region (NCR) witnessed a drop of 58 and 57 per cent respectively.
The city tops not only in the residential market but it also has experienced the highest absorption in office space among major cities. In the last quarter of 2012, the city sold 3.4 million sq. ft. of office space.
To read more real estate news:
Bangalore real estate sector still favourable for buyers
Source: Business Standard
Bangalore realty sector, cities of India, global investment, Indian realty market, Mumbai, National capital region (NCR), Office space, price stability, PricewaterhouseCoopers, property range, ranks tenth, Residential market, Sales, sales of properties, Urban Land Institute
[...] Bangalore real estate tops in India [...]
[...] Bangalore real estate started off the year slowly with drop in sales, it remained stable throughout the year and surpassed [...]
Real estate builders have an image of person who offers flats, apartments and commercial and residential property.Today the real estate market has touched billion dollar market.
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[...] Bangalore real estate tops in India [...]
[...] Bangalore real estate tops in India [...]