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May 13, 2015

its bangalore and not mumbai where the Indian real estate growth story being constructed

" the cities where the indian real estate  boom stories are being built"
In 2014 alone, Bengaluru saw 50% more completed projects, compared to 2013. And with almost 500 new projects in 2014, Bengaluru accounted for 20% of the total number of new projects launched in India’s top 14 cities. 

A recent survey by property data company, PropEquity, based on details of 21,000 projects across 14 cities( Delhi was excluded due to the sporadic and insignificant of new homes) has found that the southern Indian city of BANGALORE is now the country’s leading real estate destination, beating Mumbai, Pune, Thane, Noida and Chennai, which were ahead of it six years ago.

Mumbai, which was ranked the most attractive market in 2009, saw a fall of seven notches, and now stands eighth. Bangalore takes the no 1 spot of the most. The survey by propequity shows that Bangalore is the city where the Indian real estate boom story is being constructed