Bangalore

Bangalore, officially known as Bengaluru, is located in the state of Karnataka and is a leading metropolitan. It is often called the 'Silicon Valley' of India as it has housed more than 67 K tech firms. It is the nation's IT and innovation center, attracting global tech giants and startups alike. The city has serene weather, posh localities, and good connectivity, which has made a huge population settle down. Top builders have reshaped the city's infrastructure that blends with modernity and historic culture. It is home to many top schools, hospitals, malls, hotels, and tourist places.

The city is a posh place to live because of its premium localities that offer good living space. Its population is currently 10 million that works in the large tech parks and MNCs. It has many unique things about it since its beginning. The pin code of the city starts from 560, and different areas have different pin codes.

History

• Bangalore was founded in 1537 by Kempegowda, a chieftain of the Vijayanagara Empire.
• He built a mud fort, which became the foundation of the city.
• The city later came under the rule of the Marathas, Mughals, and the Wodeyars of Mysore.
• In the 18th century, it gained strategic importance under Hyder Ali and his son, Tipu Sultan.
• After Tipu Sultan's defeat in 1799, the British took control of the city.
• The British established a cantonment, boosting the city's growth.
• Post-independence, Bangalore became a major IT hub starting in the 1980s.
• Today, it is one of the biggest tech hubs of India.

Infrastructural Development

The city has changed and turned into one of the best places to work and live. Its climate, facilities, and tech firms all together make the city a top- class option to live in. The city's map shows that it is also a prime educational center as all the top universities are based here. Some of the top universities in the city are

• Indian Institute of Management
• Christ University
• NLUB
• ISB

The healthcare facility has improved, and many new malls have also been developed. People from around the world come here to see the places like:

• Cubbon Park
• Bangalore Palace
• Nandi Hills
• Isckon Temple

The ISRO headquarters are also located in the city, making it a prime area in every way. When it comes to development, the city's road network is also improved. The Namma Metro line has become one of the best facilities in the city that has improved the transit system. The Kempegowda Airport is one of the most beautiful and busiest airports in the world. It was built to divert the rush from HAL airport.

Why is Bangalore very famous?

The city is famous as it is the nation's leading information technology (IT) exporter. Indian technological organizations have headquarters in the city; these include:

• ISRO,
• Infosys,
• Wipro, and
• HAL

It has also housed many state-owned aerospace and defense organizations. The city's growing economy is because of the presence of these organizations. It is special because of its growing demand that caters to the needs of every resident.

Is Bangalore good for Real Estate?

The city's top tech locations that boast good infrastructure by builders like Prestige Group make it an ideal place to live and invest. But the question that is asked before settling down is, Is living in Bangalore costly? No, living in the city is not costly for a family, as Bangalore's real estate market offers houses for every buyer type. People can choose the units as per their needs. There are luxurious residential townships located in the best areas of the city. The overall cost can be 60-70 K, and people can opt for flats, which are the most preferred housing option.

Is it okay to buy a flat in Bangalore?

Yes, it is worth buying a flat in the city as it will yield high returns on investment and give high rents. The price of the property is increasing and has raised upto 10% from last year. There are many flats for sale and for rent starting at Rs 25k for a 1 BHK and 30k for a 2 BHK. The Avg cost of 1 BHK starts from 50 Lakhs, 2 BHK starts from 60-70 Lakhs, 3 BHK 90 Lakhs, and 4 BHK 1.5 Cr.

Bangalore's mass population looks for places that are top IT hubs and have good features and connectivity. These areas are safe, have the basic amenities, and have 24/7 emergency services available. Some of the best areas to live in the city are:

• Whitefield
• E-City
• Varthur
• Hebbal

In Whitefield, a new residential venture is launched by Prestige Group, Prestige Raintree Park. The enclave covers an area of 21 acres and offers 1520 apartments in 3, 3.5, 4.5, and 5 BHK sizes. The project is reviewed to be the best option for investment. It offers affordable flats at a price starting from Rs 3.08 Cr. Prestige Bangalore has developed many premium projects in the best areas to give benefits to the buyers.