Even though 2017 witnessed turbulent business cycles with buyers holding back serious purchases in the face of regulatory changes, 2018 is showing an altogether different trend and that too in the positive direction. This is particularly true in terms of the real estate scene in Bengaluru that is notching new heights every passing day. Though the sales are still in their recovery stage, the stage is being set for better real estate returns in the upcoming quarter. So, if you have been waiting to invest in apartments in Jakkuror other parts of Bangalore then it’s indeed time to take the next step forward.
The effects of RERA, GST and demonetization are showcasing themselves in more ways than one with new and better standards of delivery, transparency and accountability in the offing. The impacts of these reforms arevisible as under:
- There is an increasing demand for apartments near Manyata Tech Parkand other coveted areas, especially in the 2 BHK & 3 BHK segments.
- Investors are preferring to invest in ready to move-in properties that are generally devoid of compliance issues.
- There is an upbeat atmosphere for long-standing reputed developers who are being paid higher premiums for their luxury apartments in Hebbal and elsewhere.
2018 is expected to offer a consolidation of the real estate sector in Bengaluru. Going forward, you may want to check out theresidential lifestyle facilities being offered by Arvind Smartspaces at Arvind Sporcia in Hebbal as well as Arvind Skylandssituated at Jakkurnear Manyata Tech. You will love to witness the unique lifestyle features that these properties have on their cards for you!