Luxury homes in Bangalore

Q: In total how many luxury home are there in Bangalore?

Lokesh Patwa,

4th June 2013

Real estate News in Bangalore

properties in bangalore

apartments in bangalore

luxury homes in bangalore

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Replies (22)

Hey Guys!! Please provide me some of the names of luxurious projects in Bangalore?

Ravindra Singh,

22nd April 2014

Comment

Bangalore’s CBD (central business districts) has traditionally been the ideal location of choice for luxury property investors. Century's Renata, Prestige's Edwardian, Brigade's Rhapsody and Crescent - Nitesh Estates' Logos are some of the luxury projects gracing the Central Business Districts of Bangalore. Along with the CBD, Whitefield, Devanahalli and North Bangalore have also emerged as the perfect locations for premium projects, on account of the on-going infrastructure developments and the establishment of Bangalore International Airport.

Abhishek,

22nd April 2014

Luxury/premium home developers in the city have a penchant to think on their feet. By constantly reinventing their offerings and serving something new to the platter every time, realtors in Bangalore have set a benchmark for themselves. From lavish landscaping to golf courses in the backyard, the luxury segment of Bangalore’s realty sector has created a niche for itself in the real estate market.

Himanshu Dixit, Bangalore

22nd April 2014

Comment

On a quarterly basis, Bangalore report sales close to 100 luxury home, where as Mumbai and NCR see only around a dozen such sales. :( :( . The demand for luxury homes subdued across all the metros over three to four financial quarters but again it has gained the momentum in past 60 days. :) :)

Nilufar, Gurgaon

21st April 2014

Comment

Being the third-biggest real estate hub for HNIs, Bangalore has witnessed a huge influx of investment from NRIs looking to re-settle in India. As per JLL (property consultants), Bangalore is estimated to home more than 10000 millionaires in the days to come. This will fuel the demand for luxury units in the city significantly.

Abhishek,

22nd April 2014

I completely agree with you but what I feel is that the another reason for Bangalore to top the list is the price of the luxury homes in Bangalore are far more reasonable and realistic than Delhi NCR and Mumbai. :)

Nilufar, Gurgaon

21st April 2014

Comment

Thanks for the information. In Bangalore what is the rate per sqft going on in luxury segment?

Ravindra Singh,

21st April 2014

The price per sqft going on in premium localities in Bangalore ranges from Rs 9000 to Rs 12,000 per sqft. No other posh areas of other major Indian cities offer such prices in the luxury segment.

James, Bangalore

21st April 2014

According to JLL's report, Bangalore tops the list for luxury homes. Luxury homes in Bangalore priced above Rs 5 crores. The report says, that quality of construction, amenities, floor plan, design, ventilation, floor to ceiling heights, configuration and building elevation are the key factors that is fueling Bangalore to top the list.

Himanshu Dixit, Bangalore

21st April 2014

Comment

Is there any disadvantage of buying a super luxury apartment? Please comment.

Ravindra Singh,

13th January 2014

Comment

Yes there are disadvantages of a super luxury apartments.

1) Absence of good and quality labour is one of the rising concerns for the builders community in Bangalore. A special kind of building material is used to construct high-end living spaces, in order to give them an aesthetic touch. In Bangalore, there is a dearth of such type of material which developers need to make quality homes.

2) The heavy maintenance price of the luxury apartments often takes a toll on the finances of the investors. On an average, the maintenance cost for luxury apartments can climb up to Rs 35000- Rs 40000 per month, which includes charges for gardeners, security personnel, garbage cleaners, water body maintenance crew, 24-hours cleaners and sweepers etc.

3) To reside in luxury apartments, the domestic staff needs to be paid accordingly. Domestic staff includes maids, cooks, plumbers, carpet and sofa cleaners, electricians and other housekeeping personnel. Services provided by such staff comes at a high price, for instance, changing a bulb by an electrician can cost up to Rs 250 per visit and can go up by Rs 350-Rs 400, if its a fancy bulb. The high charges asked by the housekeeping members often makes residing in a luxury home extremely difficult.

Samrat,

13th January 2014

What is the price range of the high end apartments in east Bangalore?

Ravindra Singh,

28th December 2013

Comment

Along with Yemlur, Whitefield, Marathahalli and Bellandur have cropped up as the potential high-end areas in the east. High-end homes in the area range between Rs 7500-Rs 8500 per sq ft, while in Indiranagar a luxurious enclave would somewhat value in between Rs 10000- Rs 15000, because of limited supply. Proximity to CBD, developer’s brand and amenities offered in the project also play a key role in determining the price range for high-end units.

James, Bangalore

28th December 2013

Traditionally, the Old Airport Road and Old Madras Road in the east defined connectivity in the region, however, with the completion of the ORR (in 2002) accessibility to Whitefield became much easier. With the completion of the Metrorail extension of the M G Road-Byappanahalli line to Whitefield, connectivity and residential development in the region will get a further boost

Vasanth,

28th December 2013

Comment

The north east quadrant of the city is an emerging real estate destination for high-end projects, while the south east already includes luxury apartments, servicing the numerous tech parks in the nearby areas. The area is still evolving towards Sarjapura and Hosur Road with numerous developing belts like Anekal, Attibele, Chandapura etc.

Abhishek,

28th December 2013

Domlur, Indiranagar and Yemlur are considered as the most preferred and well-liked high-end locations, due to their close proximity to the Central Business Districts. In addition to it, proximity to the EPIP zone (that includes the BFSI and IT/ITes sectors) makes Varthur road, ITPL main road and Brookfields as the favorable areas for high-end projects.

James, Bangalore

28th December 2013

Which are the areas in this region that are witnessing demand for high end homes?

Ravindra Singh,

28th December 2013

Comment

Areas such as Electronics City, Hosur Road, Bannerghatta Road, Sarjapur Road, Haralur Road and Bellandur in the south east of Bangalore are recognized by the presence of numerous high-end apartments.

Saran,

28th December 2013

Upgraded civic infrastructure, completion of the Outer Ring Road, widening of many roads, improvement of connectivity towards Hoskote via the Old Madras Road has, over the years, turned east Bangalore into one of the most coveted residential hotspots of the city.

James, Bangalore

28th December 2013

Hey Guys!!! the demand for high end homes are growing in East Bangalore as well.

Saran,

27th December 2013

Comment

Yeah right @ Saran. East Bangalore has developed into a self-sustaining area, characterized by good social and physical infrastructure. This has triggered the demand for luxury residential developments in the region, significantly

Vasanth,

28th December 2013

Actually due to the presence of large land parcels, developers feel confident of promoting new residential concepts like sky villas, villaments, duplex apartments etc. At present, the capital value of North Bangalore falls within the price bracket 3,800 and Rs 11,500 per sqft for Grade A apartments and Rs 4,800-9,000 per sqft for Grade A villas/row-houses.

Saran,

13th December 2013

Comment

Riding on the back of IT boom and increasing income, households which were previously hooked on buying properties available at a mid-segment range, now have raised their bar to luxury class and go for villa or super luxury villaments.

Gurmeet,

13th January 2014

Why only in North Bangalore, high end homes are in demand? Any comment

Bulbul Verma,

13th December 2013

Comment

The micro-market of north Bangalore includes the stretch that comprises of Yelahanka, Devanahalli, Hebbal and bellary road. On the docket infrastructure (like the elevated expressway over Bellary road and Metro rail extension) have what triggered residential developments in the region.

In addition to it, the government is eyeing the region as the potential area for future economic activity. This has played a key role in driving the residential development of this region. Featuring of north Bangalore in the Comprehensive Development Plan and the Greater Bangalore Development Plan will further give its connectivity an upper hand in comparison to other regions.

Saran,

13th December 2013

With the availability of international schools, malls, retail spaces and proximity to Outer Ring Road have contributed significantly towards the residential development of many pockets in North Bangalore.

Vasanth,

13th December 2013

North Bangalore has left tongues wagging as the region outrank others with huge demand for high-end homes. Proximity to the Outer Ring Road, uniform development of commercial, industrial and office space, and availability huge land parcels has set-off the demand for residential units in Bangalore North.

Saran,

13th December 2013

Comment

What constitutes super luxury in Bangalore ?

Lokesh Patwa,

13th November 2013

Comment

When it comes to pandering to the super luxury segment, Bangalore fills the plate with a number of benefits. Good climate, big mountains, green periphery, natural lakes, forest area, trouble-free access to technology, a good deal of untapped land along with follow-up service all adds to the number of reasons why Bangalore ranks ahead in the super luxury segment. All such factors, together with rise in demand have compelled the developers to offer luxurious personalized facilities and innovative construction in every new launch.

The average cost of luxury offerings range from Rs 6- Rs 16 Crore. Price on luxury apartments is likely to vary and may depend on the degree of personalized services and size of the amenities.

James, Bangalore

13th November 2013

Any idea how many more luxury projects are coming up in Bangalore?

Lokesh Patwa,

13th November 2013

Around 130 units in these luxury housing projects that are under-construction at present, are tagged at Rs 5 crore and above. These premium residential units account for around 100 million dollar market in Bangalore’s luxury homes catchment. For a developer of a luxury housing unit in Bangalore, the sole purpose is to offer to the buyer a lifestyle where the property is strategically located and is inclusive of all the modern amenities. This helps Bangalore outrank the luxury market of other cities easily.

Vasanth,

13th November 2013

The luxury residential market in Bangalore has borne witness to a significant transformation in recent times. Over the years, Bangalore's residential market has evolved with newer dynamics for the luxury segment. The luxury residential market of the city has experienced an astounding maturing process in the last few years that is all set to give the real estate industry of the city a new edge.

James, Bangalore

13th November 2013

Comment

With real estate developers raising the bar for luxury units bit by bit, Bangalore is soon to re-define itself as the hub of super premium homes. On buying a super luxury apartment or villa in Bangalore, a buyer is thrown open to a number of exclusive amenities which does the trick for an investor or an end-user. Such amenities may include- completely air conditioned accommodation, private temperature-controlled swimming pool, elevator, backdrop, service staff, private garden, private gym, choice of green-view and helipad etc.

Vasanth,

13th November 2013

In North Bangalore, areas such as Devanhalli and Hebbal are also witnessing construction of many luxury projects such as Prestige Golfshire, Embassy Boulevard and Embassy Lake Terraces among others.

Abhishek,

5th June 2013

Comment

Prestige’s Edwardian, VanGogh’s Garden by Total Environment, Century’s Renata, Skyline’s Villa Maria, Brigade’s Rhapsody and Crescent, Nitesh Estates’ Logos

Vasanth,

5th June 2013

Comment

The minimum built-up area of luxury housing units should be 3,000-3,500 sq ft

Sachin bhatt, Bangalore

5th June 2013

Comment

What is the minimun built up area for a luxury homes? Can you provide me some names of luxury projects in Bangalore

Armaan Saxena, Bangalore

5th June 2013

Comment

Central Business District (CBD) of Bangalore has always been a preferred choice for luxury lovers. But with no space left to develop, areas such as North Bangalore and Whitefield are considered alternate destinations.

Vasanth,

4th June 2013

Comment