Bangalore tops the list of realty destinations

Bangalore is at the top of the investment destination in the property market among all the Indian cities. Reports say that the private equities that have been invested in the Indian real estate market from the year of 2013 have been of the order of $ 51.5 million. Out of that about 13 percent of the investment that is about Rs. 44, 450 crores have been invested in Bangalore real estate.

Bangalore now stands at the 20thposition in terms of global investment and in terms of global preferences. New Delhi stands at 34th position and Mumbai at 42nd as per the estimates of Jones Lang LaSalle (JLL). Along with that in the survey made in the earlier months of this year Bangalore stands at the top 20 technology rich cities of the world too. 

According to a recent report there was an estimate that the residential sales are falling although commercial space absorption's are at all-time high. The reason attributed by the experts are that there may be generation of job but the average salary provided are not enough to invest in the real estate segment which requires high investment. But the experts still contend that as the industry prospers and time passes by the situation in the residential segment is bound to improve proportionately. 

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