Growing Housing Demand: Why Apartment Living is the Ideal Option

5 months ago

Growing Housing Demand: Why Apartment Living is the Ideal Option

Rising House Rent:
As the pandemic seems to mellow, companies have begun calling their workforce back to the office. We can witness another significant change in the house rental segment, where the prices had dropped to a record low during the pandemic, rising at a rate of 10 per cent. Since most sectors are reopening, the migrant workers from various other states/districts have been flocking back to Bangalore, increasing the demand for rented properties.

Increased Demand for Housing in Bangalore:
It has, in turn, increased the demand in the housing sector, as the general population realized that investing in a home would be a better option for their future than paying higher rents. Bangalore-based developers have seen strong demand as the sales momentum has increased consistently over the year. The Bangalore real estate market had shown a strong recovery since the pandemic when the sector was bottoming out in terms of volume and price.

Already crowned the Silicon Valley of India and now known as the country’s start-up capital, Bangalore, its smart infrastructure and the increasing presence of its IT hubs have increased the demand for its real estate. Financial security and growth in wealth are other key attributes contributing to the demand for residential properties.

North Bangalore:
The city’s Northern part has emerged as one of the most popular residential real estate investment areas. With growing areas like Yelahanka, Thanisandra, Hormavu etc., the region is attracting interest among city dwellers looking to purchase a home as the site provides good connectivity across the city, the potential to increase the money invested, higher rates of employment through the existence of IT hubs, and top-notch social infrastructure through the presence of shopping malls, theatres etc.

Popular localities to live in North Bangalore are:
• Hebbal
• Yelahanka
• Jakkur
• Devanahalli
• Hormavu
• Thanisandra

Bangalore’s most prominent builder DS-MAX has made its presence felt in these upcoming areas offering luxurious apartments at a bargain price. This only goes to show these areas are the future of the residential and commercial sectors. Based on the history of DS-MAX, they have always set their footprints in localities most beneficial to the people.

DS-MAX has a solid footed presence in Bangalore’s North, offering luxurious amenities, an opportunity to multi-fold the investment and many more benefits to meet the customers’ requirements.

DS-MAX Stavam (G+3 Structure) and Stavam Nest (Stilt+4 Structure) are ideally located in a surging location near the Yelahanka Police Station, offering luxurious 2 & 3-bhk apartments at an affordable price.

Within a few minutes from the Hebbal junction lies DS-MAX Sasmara, a BBMP Approved luxurious 2 & 3-bhk apartment loaded with highly rated amenities, offering you a serene lifestyle in a futuristic location.

Other prolific properties in North Bangalore are DS-MAX Synergy (G+3 Structure), located near KNS Institute of Technology and DS-MAX Skycity (G+19 Structure), located near Manyata Tech Park. According to analysts, top real estate consultants, and industry researchers, areas adjacent to Thanisandra would get the highest return on investment in the next five years, because of the metro connectivity and other important factors.

South Bangalore:
South Bangalore is one of the evergreen suburbs of the city and has been regarded as Bangalore’s cultural Hub. This zone has a seamless blend of old-world elegance and culture and the vibrancy and modernity of new Bangalore, combining the best of both worlds. This has made the neighbourhoods surrounding South Bangalore one of the sought-after locations for residential investments. With excellent infrastructure facilities, accessibility and connectivity to the rest of the city, South Bangalore has stayed true to its name as a prominent location in Bangalore for real estate investors and home buyers.

Popular localities to live in South Bangalore are:
• Sarjapur
• Begur
• Electronic City
• Chandapura
• HSR Layout
• Uttarahalli
• Kanakapura Road

Bangalore’s DS-MAX has established itself in South Bangalore by venturing into multiple ongoing projects across prominent locations. As one of the leading developers in the city, DS-MAX only undertakes projects in areas after careful deliberation and analysis. They have identified South Bangalore as an ideal location for the residential population as it offers reliable infrastructure and seamless connectivity, witnessing steadily consistent growth.

DS-MAX has a strong presence in the Southern part of Bangalore, with multiple properties offering the best-in-class lifestyle at an affordable price.

DS-MAX Senate, located on an ample stretch of land in Begur, offers you an elegant lifestyle in a futuristic and serene location.

DS-MAX Sahara is a BDA Approved Luxurious 2 & 3-bhk apartment located at Electronic City near Bosch Hosa Road Junction.

DS-MAX Spoorthi is a residential complex located in the Sarjapur-Electronic City corridor IT cluster. A Stilt+4 structure with 436 units is surrounded by famous educational institutions and IT & Non-IT companies.

DS-MAX Sukruth, a BMRDA Approved 2 & 3-bhk apartment, is located at Chandapura,close to Narayana Hrudayalaya& Bommasandra Metro station. A Stilt+4 structure with 312 units offers the best-in-class connectivity to other city pockets.

East Bangalore:
Comprising over 110 societies Eastern part of Bangalore is a popular residential Hub. With the growing IT footprint and the initiation of the purple metro line, the localities are also a suitable investment opportunity to witness an appreciation of your money. The zone includes localities such as Banaswadi, Kammanahalli, KR Puram, Old Airport Road, and Marathalli, among others. The existence of multiple shopping malls, leading schools and first-class hospitals are other advantages of living in Bangalore East.

Popular localities to live in East Bangalore are:
• Banaswadi
• Kammanahalli
• KR Puram
• Old Airport Road
• Marathalli
• Karchakanahalli

DS MAX properties have a substantial presence in the Eastern part of Bangalore. Amongst its number of ongoing and launched properties, DS-MAX Skyshubham is a decisive project situated in KR Puram near Garden City University. The Stilt+14 structure with 713 units is less than 10 minutes from the proposed metro station.

With rising house rent making the cost of living pricier for people, owning an own home is an ideal alternative. The housing market is rising in Bangalore because, unlike other cities like Mumbai and Delhi, where the real estate market is exhausted, the real estate market is only growing with ample space for the builders to venture upon.

Bangalore is a promising real estate hub offering a suitable investment opportunity for investors and home buyers to increase their holdings’ value rapidly. The housing market demand is on the rise, and now would be a great time to purchase a home in any of these zones, based on your needs and wants.