Wednesday 30 January 2019

Real Estate Market to flourish at Basavanagudi - Get busy, Get Investing


Bangalore has always witnessed staggering real estate developments in order to cater to individual residential requirements. Property developers are now looking to capitalize on key income segments to have a competitive edge over their competitors. Residents who were temporarily residing as tenants are now transitioning to becoming first-time home aspirants. Concorde Luxepolis by Concorde properties is a residential project which is strategically located to precision at Basavanagudi in Bangalore. The location provides increased benefits in terms of proximity and overall connectivity to the rest of the city. The project provides 3 and 4 BHK residential units that are spread across wide-open areas so residents can make effective use of the space and resources provided. In order to establish new relationships and incorporate a customer-centric approach, residents are called to the site to experience the amenities, floor plans, design structures or even take a tour of the entire property for effective investment decisions. 
Concorde Luxepolis
Concorde Luxepolis Location


With the introduction of real estate governing bodies like RERA and tax reforms such as GST, the demand for affordable homes has increased significantly. This has forced realtors to devise new marketing strategies to release their excess inventory. This has led to increase in urban population in areas like Basavanagudi which has also contributed to the increase in social infrastructure development. Considering all this, land prices and appreciation is bound to shoot through the roof helping residents to invest early in order to reap formidable returns on investment. Basavanagudi is close to pre-dominantly high-profiled areas like Jayanagar, JP Nagar and Banashankari so investors can go about with their everyday commute with relative ease. Renowned schools, colleges and medical institutions are in close proximity so residents can provide the best for their children in regards to education and healthcare. Bangalore, also known as the Silicon Valley of India has provide glorious opportunities for young IT professionals as the city offers diverse range of employment opportunities. This is a bonus for potential investors as they can look for profitable tenants if they plan on renting out the property. 


How does connectivity or proximity to other locations affect project credibility?


There are many aspects involved in property investments. Before coming directly to the site, it is advisable that residents consider approaching real estate advisers so they have an in-depth knowledge about the property market. Concorde Luxepolis is located to perfection at Basavanagudi which offers diverse benefits in regards to getting to other parts of the city. For instance, educational and medical institutions like BMS College of Engineering, National College Basavanagudi, Mahaveer Jain College and Bangalore Medical College are not more than 10 minutes from the project. As far as hotels and recreational clubs are concerned, ITC Gardenia, JW Marriot, Bangalore City Institute and Basavanagudi Union Service Club is no more than 20 minutes from the project. With the closest metro station at Jayanagar, residents can get to other reputed parts of the city with relative ease and comfort. 


Amenities of floor plans- Who wins the battle?


Like the location of the project, residents should make it a point to employ a collective approach and consider all the aspects that contribute to the credibility of the project. Residents who plan on residing at further-out location from the city would demand convenient amenities so they wouldn’t have to run to the city for basic civic amenities. Absence of such features can adversely affect the credibility of the project. Concorde Luxepolis amenities comprise of recreational play parks for children, landscaped gardens, attractive water features, equipped gymnasiums, banquet hall, mini theatre, clubhouse to conduct events and home automation systems for each unit variant for a comfortable living experience. As far as the floor plans are concerned, the project offers 3 and 4 BHK apartments that are spread across wide-open areas. The 3 BHK units spans across a carpet area of 1498 sq.ft- 1623 sq.ft while the 4 BHK units are spread across a carpet area of 2081 sq.ft respectively.
In conclusion, we can safely bet on the fact that investing with Concorde Luxepolis Basavanagudi is sure to yield returns for a secured future!

No comments:

Post a Comment

Real Estate Market to flourish at Basavanagudi - Get busy, Get Investing

Bangalore has always witnessed staggering real estate developments in order to cater to individual residential requirements. Property d...