Horamavu, Bangalore: A Locality that Turned Out Profitable Beyond Predictions

Horamavu is a small locality in East Bangalore. It is close to important areas like Banaswadi and Ramamurthy Nagar and enjoys good proximity to Bangalore East Railway Stations. Horamavu has a number of residential colonies like Ashirwad colony, Nandanam Colony, Papaiya Layout, Coconut Grove Layout among many others. A number of storm water drains and lakes can also be found here.

Horamavu, Bangalore: A Locality that Turned Out Profitable Beyond Predictions

Horamavu, Bangalore: A Locality that Turned Out Profitable Beyond Predictions

Researchers predicted a rather gloomy future for real estate of this locality. Three reasons were attributed for such disappointing prediction-

Horamavu is not connected to the metro water and sewerage systems which is why a hygienic living is a havoc in the locale. People already living there buy water tankers and the garbage removal and sanitation is done through vacuum trucks. Borewell water is 1000 ft down and in some areas it is 600 ft under. [Read more…]

Studio Apartments: Ruling the Real Estate Market of Bangalore

The tremendous growth in the IT/ITES sector in Bangalore has brought a revolution in the city’s real estate sector. Commercial and residential units are selling so fast that the market is buzzing with such new launches. A major fraction of the end-users in Bangalore consists of the young professionals and bachelors who prefer a cozy and free living. Thus, Bangalore’s real estate market is characterized by an abundance of small-sized apartments and studio apartments.

Studio Apartments Ruling the Real Estate Market of Bangalore

Studio apartments properties in bangalore consist of a large single room that encompasses everything- bedroom, living room, kitchenette and a bathroom. It offers a cozy living to the individuals who don’t want to bother about managing a number of rooms. Such homes are in high demand among the single professionals who don’t stay in a city for long. They may either buy it if they can afford, or rent it as long as they are there. It gives them a modern lifestyle without compromising their budget. [Read more…]