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Home > Forum > Bangalore > Real estate News > Luxury housing launches in Bangalore

Luxury housing launches in Bangalore

Q: Is it true that the launch of luxury housing in Bangalore has increase? What is the percentage?

bangalore real estate
luxury apartments in bangalore
luxury housing in bangalore
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Replies (2)
1
Thats great if the luxury segment has seen an upward trend. Which are the Bangalore luxury housing hot-spots?
Saran


Central Bangalore was the centre of luxury housing activity and witnessed almost 80 per cent launches in this segment from 2012 to 2015.

According to sources, the key markets that saw launches in this zone are Richmond Road, MG Road, Cunningham Road and Vasanth Nagar.
Krupa Vasavaraj,  Bangalore
26th June 2015


Hebbal in North Bangalore has emerged as a key micro micro market for luxury housing. It has witnessed maximum number of new launches in the luxury segment, accounting for almost 60 per cent of launches.

Kanakpura Road and Banneghatta Road have also witnessed a high number of luxury villas launches. These areas are expected to see future demand with the development of infrastructure in the form of the NICE Ring Road corridor.
Murali Krishnan,  Bangalore
26th June 2015


2
Yes the launch of luxury housing in Bangalore has increased by 42 percent.. Bangalore is one of the fast real estate markets in India, in which luxury housing is now one of the most vibrant and dynamic segments.
Krupa Vasavaraj


The demand for luxury segment is growing because of the growing interest from Non Resident Indian ( NRI) buyers' investing in luxury housing. This is encouraging reputed developers to launch luxury projects with unique amenities and facilities.
Gajendra V,  Bangalore
28th January 2015


The growth of the luxury segment in Bangalore can be attributed to rapid urbanization and the growth of the information technology and financial services sector. Another driving force is the availability of land along with good connectivity to work places
Niketan Verma,  Bangalore
26th June 2015


3

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