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Reasons why demand in Koramangala real estate market is increasing than supply

February 29, 2020 | Admin

Reasons why demand in Koramangala real estate market is increasing than supply

Koramangala often features among the top housing destinations in Bangalore, primarily for the advanced social infrastructure and physical feature, easy communication services and proximity to workplaces and education centre available. Koramangala is also the place for many IT offices and therefore individuals like to reside in this locality. Check the reasons why demand in Koramangala real estate sector is increasing than supply.

Proximity to key employment destinations

Koramangala houses some of the top IT offices in the city and therefore job seekers prefer to reside in this locality. The Electronic City, International Tech Park (ITPB), Embassy Golf Links Business Park and Embassy Tech Village can be reached easily from here and also offices of big companies like Infosys, Flipkart, Capgemini, Wipro, TCS Qualcomm, Big Basket are located here.

Availability of top educational institutions

The Koramangala locality is the home to some of the top schools and colleges in Bangalore. So, many young and energetic students come to the city to pursue their studies and later prefer to settle here. So, with the coming of more and more students, the demand for housing property is increasing here.

Easy connectivity

Koramangala also provides hassle-free connectivity to the residents and so, individuals love to buy or rent a house here. The Bangalore City Junction railway station is 9 km and Bangalore Airport is approximately 41 km from here.

Modern social infrastructure

People love to stay in a locality with modern social infrastructure and Koramangala offers everything. The locality houses some of the city’s best hospitals, schools, colleges, shopping malls, multiplexes, hotels, restaurants etc.

Check out projects in Koramangala

 

About Sobha Saptrang

Sobha Saptrang is a luxurious residential property providing 1 BHK, 2 BHK and 3 BHK apartments in Bangalore. The housing option offers apartments of sizes ranging from 2439 sq.ft to 3233 sq.ft and the prices of which varies between Rs2.56 crores to Rs3233crores. Developed over a large area of land, the township has 5 towers with 195 apartments. The residential property is well-equipped with all the modern facilities of today. The property is very well-connected to all the major places of the city.

About Prestige Pine Wood

Prestige Pine Wood is a standout amongst the most creative high rise address in Bangalore. Spread over 2.5 acres of land, the township consists of 256 deluxe residences of varied configurations. The residential development offers 2 BHK, 2.5 BHK, 3 BHK and 4 BHK luxury apartments at prices varying from Rs 1.65 crores Rs 3.31crores. The property also enjoys a very good social infrastructure.

 

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