Demand in mid segment housing Bangalore

Q: i know that the demand for premium segment has seen a healthy growth but i want to know about the demand for mid segment housing in Bangalore

Priyaranjan Bhatt, Bangalore

12th May 2014

Real estate News in Bangalore

bangalore real estate news

mid segment housing

mid segment projects

Follow Discussion

Also see discussions for

Bangalore Real estate News Real estate News in Bangalore

Replies (4)

I feel South and West is also doing good in terms of mid housing segment. You can check these localities as well.

Karthik Deshmukh, Bangalore

7th July 2015

Comment

Hey Karthik, Can you share the names of the localities for these two zones?

Priyaranjan Bhatt, Bangalore

8th July 2015

In the west,locations around and beyond Tumkur Road, Peenya, Magadi Road, Nagarabhavi and Mysore Road. In the south you can look for localities like Electronics City, Hosur Road and Kanakapura Road.

Milind, Bangalore

8th July 2015

According to Cushman and Wakefield, at least 50% of the total unit launches each year were in the mid-segment. The increased population in the city as well as the infrastructure development towards the peripheral areas have pushed up the demand for mid-segment housing.

Karthik Deshmukh, Bangalore

7th July 2015

Comment

Thats actually good!!!!! But which areas in Bangalore are good for investment purpose and will get me good returns.

Priyaranjan Bhatt, Bangalore

7th July 2015

According to analysis by Cushman and Wakefield, due to increased connectivity, good infrastructure, growing demand and increasing quality residential launches in areas like north, south-east and eastern quadrants of the city can be considered as some of the best places to invest in the mid-segment.

Milind, Bangalore

7th July 2015

It seems that to help the sales many high end villas projects are now being announced with high-rise apartments and in some of the announcements in Bangalore for villas are now priced at around Rs 1 to 1.5 crore while villaments are priced around Rs 70-80 lakh.

Milind, Bangalore

12th May 2014

Comment

Even the developers are quoting lesser booking amount and a perceived lower price for 3BHKs to attract the home buyers. Several builders are also down-scaling their offerings to lure prospective buyers

Dharmesh Shukla, Bangalore

12th May 2014

Yeah right though the demand for premium residential market has seen an upward trend, the mid segment has also gained largely

Milind, Bangalore

12th May 2014

Comment

I agree with Milind. The large mid segment mainly comprises of 2 and 3 bhk apartments have seen an upgradation. Primarily mid-segment-oriented projects are priced around Rs 50 – 60 lakh budget

Sreya Khan, Bangalore

12th May 2014