Bangalore, popularly known as the Silicon Valley of India, is augmenting the effects of growing IT developments, trade, commerce, startups, social infrastructure, online and digital businesses in the town. This unprecedented growth has trickled down and spread across various sectors in the city.
One of the several outcomes of this economic expansion is the swelling demand for residential and commercial properties in Bangalore. Apart from its self-expansion, there are some other reasons which make the real estate market of Bangalore one of the best investment avenues in India.
A huge chunk of the software engineers of the country is working in Bangalore. To add to this, the opening of many startups in the city has further augmented the employment opportunities in the city. Consequently, there has been a constant rise in demand for affordable housing in Bangalore. There are many residential projects like Sobha Lake Garden which can meet such demands perfectly.
Furthermore, owning a 1 or 2BHK flat in Bangalore can provide significant rental income as every year there is a massive influx of workforce from other parts of the country. The city is undergoing rapid infrastructural advancements. Quality public transport, great connectivity, good higher education, prestigious research institutes, and advanced healthcare, further adds up to the USP of the place.
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