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Bangalore is one of India’s most beautiful, vibrant, and dynamic cities. It is one of the busiest commercial hubs of the country, and the residential market of the city is booming. If you are looking at some of the poshest neighbourhoods and luxury housing markets in the city, here are some localities to consider –
Indiranagar is one of Bangalore’s oldest yet most vibrant neighbourhoods. Despite the phenomenal rise in cosmopolitan population, the neighbourhood retains its quintessential green spaces and houses some of the city’s most-loved restaurants and entertainment centres. It is known for its luxury segment residential projects.
Jayaprakash Narayan Nagar, or JP Nagar, is another residential neighbourhood in Southern Bangalore that showcases the best of Bangalore. Dotted by parks and green spaces, and numerous lakes, JP Nagar is known for its social equity – malls, hospitals, educational institutions, and entertainment centres. With some of the poshest gated communities, it is high on the list of luxury home buyers.
Back in the 1980s and 1990s, Koramangala was the neighbourhood where you would find sprawling bungalows. While many of the bungalows have been replaced by premium residential apartments, the neighbourhood maintains its excellent connectivity. It has some of the best cafes, restaurants, libraries, and cultural centres.
If Bangalore is the cultural capital of southern India, Malleswaram is the cultural capital of Bangalore. One of the oldest residential neighbourhoods of Bangalore, Malleswaram has everything from local bazaars to high-end malls, centres of worship to entertainment centres, educational institutions, to legacy eateries. It is one of the poshest residential neighbourhoods in the city.
Rajajinagar in the west of Bangalore is another neighbourhood that is a wonderful blend of residential housing and industrial growth. The beauty of this locality, the vibrancy of culture, and the amazing connectivity are all part of Bangalore. It is a preferred neighbourhood for professionals, entrepreneurs, and families.
Bangalore being the IT capital of India and a start-up hub that employs hundreds of thousands of professionals. With several IT and industrial pockets coming up in different parts of the city, here are some of the upcoming neighbourhoods that are preferred by premium home buyers. Here are some locations that offer luxury housing projects with a host of high-tech amenities and facilities –
While the older, more settled neighbourhoods like Rajajinagar offer excellent connectivity, infrastructure, and cultural roots, these new and upcoming neighbourhoods can offer relatively lower real estate prices. In addition, the IT and industry-centric localities are home to a crop of younger professionals and families looking to stay closer to work.
The luxury residential market across India has followed an upward trajectory in the past year. Mumbai, Delhi, and Bangalore have been the epicentres for this boost in demand. With such growth, some of the top developers in the country, like the Phoenix Group, have taken this opportunity to bring homebuyers the very best of real estate offerings. Phoenix Kessaku, for example, is the perfect blend of smart, environment-friendly, and aesthetic living spaces brought together by opulence and grandeur. That’s just what every Bangalorean wants!
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