Bangalore- Favourite Destination for NRI Investment

As per the latest study of Associated Chamber of Commerce and Industry of India (ASSOCHAM), Indian property developers are anticipating a 35% surge in enquiries from NRI based purchases, with Bangalore being their favourite destination.

As per the survey of ASSOCHAM, Bangalore tops in terms of investment from NRIs who are considering settling down in India in coming years. The booming IT sector is one of the major reasons behind this. Bangalore has the largest chunk of leading IT and ITES companies in India.

property-investment-for-nris-250x250Growing Job Opportunities

The growing number of IT/ITES companies in Bangalore provides lucrative job opportunities to NRIs who wish to settle down in India. Moreover, the exponential growth in infrastructure and real estate sector also contributes positively towards influencing NRIs to invest in the property market.

Development across the Outer Ring Road

Currently, the most promising residential micro-market in Bangalore is the Outer Ring Road (ORR). The ORR is a major road that is set around most of the perimeter of Bangalore. This has made traveling major distances in the city convenient by significantly reducing traffic snarls on the roads. Manyata Tech Park, Ecospace, Cessna Business Park, EMC square, Central Mall, Central Silk Board are few of the landmarks that are located around the ORR.

Durga Petals is an upcoming project from Durga Projects and Infrastructures Ltd in the prime location of Marathahalli Outer Ring Road, the heart of Bangalore’s IT corridor with proximity to major IT companies, educational institutes, shopping malls and more. Spread on 5 acres of land, Petals boasts of 7 luxurious sky soaring towers with each having 13 storeys.  And that’s not all; it also has a club house and 40+ recreational amenities.

For more details on the project, please visit http://www.durgaprojects.in/petals/ or call +919019555777.

Bangalore, an ideal deal to invest in real estate.

Bangalore has since the 90’s been touted as the IT hub of India. The city represents modern face of developed Indian economy and is also home to a large number of people who have migrated from other states to Bangalore and owing to this reason, real estate market in the city has shown a positive trend.

The growing number of corporates in the city creates demand for residential real estate and makes the city as one of the best places for investments. Let’s look at the three vital reasons which make Bangalore ideal for investment in real estate.

Growth in IT/ITES Industry creating employment opportunities: The ever growing IT/ITES sector creates job opportunities which lead to a lot of people migrating to the city. There are approximately 0.95 million people working in about 2480 IT/ITES company in the city. The city creates about one lakh jobs annually.

The working population with an average age of 28 years is educated and multi-cultural. The rising income levels, educational facilities and global exposure have raised the living standard of the city.

Improving Infrastructure Promotes Development: The government initiative of improving infrastructures rapidly supports the real estate developments. The government of Karnataka is working towards making many corridors that support real estate developments.

Bangalore is experiencing positive trend all over with evident development across both public and private sectors, especially in the road transport. The improvement in road network through ORR (Outer Ring Road) has changed the dynamics of the real estate market of Bangalore.

Increase in Capital Value: Mid-segment residential properties witnessed the highest appreciation in Bangalore in the past three years, says a study. In the high-end properties market, Bangalore recorded 37 percent average increase in capital values in the period between 2011 and 2014. In the hot property areas, ORR tops the list.

Durga Petals is an upcoming project from Durga Projects and Infrastructures Ltd in the prime location of Marathahalli Outer Ring Road. Spread on 5 acres of land, Petals boasts of 7 luxurious sky soaring towers with each having 13 storeys.  And that’s not all; it also has a club house and various other recreational amenities.

For more details on the project, please visit http://www.durgaprojects.in/petals/ or call +919019555777.

This Diwali, gift your family a new abode.

Are you contemplating on buying a home in Bangalore? Well, the right time is now. Diwali is round the corner and the 5 day festivities which begin from Dhanteras and ends on Bhai Dooj, is considered to be the ideal time to invest in property. On Dhanteras, Hindus consider it auspicious to make purchases. It is believed that some form of precious investment is a sign of good luck.

Besides, Bangalore is one of the fastest growing cities in India being an IT hub.  Owing to this reason, the city has a multi-cultural population with good social infrastructure, excellent educational institutes and constantly upgrading physical infrastructure.  As a result, there has been increased demand for high-end residential apartments in the city, especially for the ones that are located on the outer ring road.

Petal Mailer - Diwali Wishes (2)

Durga Petals is an upcoming project from Durga Projects and Infrastructures Ltd in the prime location of Marathahalli Outer Ring Road. Spread on 5 acres of land, Petals boasts of 7 luxurious sky soaring towers with each having 13 storeys.  And that’s not all; it also has a club house and various other recreational amenities.

For more details on the project, please visit http://www.durgaprojects.in/petals/ or call +919019555777.

Before signing off, all of us at Durga Petals wish you a happy and a safe Diwali.

Studio Shift at Petals Experience Center.

At Durga, we strive to give our customers a new and a different kind of feel each time. We believe not just in delivering to them luxurious apartments but also experiences that they can cherish for lifetime. We truly believe in creating LIFESMILES.

As a part of this effort, we have conceptualized a center for our new project Petals, by the name Petals Experience Center. Unlike others, we believe in customer engagement and at Petals Experience Center, we conduct various events where our customers and future buyers, which is you, can have a time to remember.

In this sequence, we are giving you a chance to go on-air with RJ Sriram from Fever 104 FM.  The event is called Studio Shift.

Post for Blog

Visit us at Petals Experience Center between 4 p.m. to 7 p.m. on Saturday, October 11th, speak your heart and be heard. Come and make your presence felt.