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Property in IT capital of India, Bengaluru, continues to stay abuzz with investors!

December 30, 2017 | Admin

Property in IT capital of India, Bengaluru, continues to stay abuzz with investors!

Bengaluru, capital of Karnataka, also known as information technology capital. Bengaluru attracts migrants in large numbers partly because of its compassionate climate, and partly because of human capital. Property in Bangalore has lots of advantages.

Infrastructure
Kempegowda International Airport is the third-busiest airport in the nation in terms of passenger traffic. The city boasts of four major railway stations and a rapid transit system. The most used mode of transport is also Metropolitan Transport Corporation (BMTC) buses. BMTC also has an extensive taxi and air-conditioned Volvo bus network.

Homes and living
The proliferation of the IT companies in Bengaluru has led to people moving far from the central business district (CBD) to the rest of the city. Like other cities in the world, Bengaluru, too, expanded out when it grew, demand for real estate rising in areas farther from the CBD. North emerged as a major real estate destination when the International Airport moved here. Real estate and construction

Demographics
Bengaluru is the third most crowded city. The city population increased from 5.1 million in 2001 to 8.4 million in 2011--- the population growth of in the decade is 65.2 per cent. The city has a population density of 4,381 people per square km. The population has grown 20 times from 1941 to 2011.

Governance
The civic administration in Bengaluru is under the BruhatMahanagaraPalike. It was formed in 2007 and has a city council of 250 members. Of this, 198 are ward corporators and the rest are other designated representatives. Much of its expenditure is on projects, public works, public health engineering, welfare, road related infrastructure and storm water drains.

Industry and Employment

Multiple global multi-national firms have their offices in Bengaluru. The city’s exceptional educational institutions are observed as the pioneer of the technology industry in the city. Bengaluru comprises of nearly 47 per cent of the 265 biotechnology companies in India.

Homes Palm Groves, a residential project developed as a joint venture between Karsten Homes and Aryan Hometec. You will enjoy the tranquil environment around the estate, with enough greenery and sophisticated living amenities. With easy connectivity to all the important places close by, the residential estate provides innovative living facilities to the residents. The developers have come up with aexcellent architectural specimen, crafting the apartments with panache and class. Large interiors, capacious balconies and windows that lead the view to the enthralling greens make the apartments ideal for home lovers.

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