Affordable and Mid-Range Homes in Demand in Bengaluru –
Home Expo 2016 by CREDAI-Bengaluru Showcases Some of the Best
Bangalore, September 19th, 2016: “With the rise in commercial development and its absorption, we are bound to see an increase in residential demand as well. Naturally we want to offer the public a single platform to explore projects from around the city. The annual Home Expo by CREDAI has only grown bigger and better with time, and in popularity as well,” said Suresh Hari, Secretary, CREDAI-Bengaluru, at the inauguration of the Home Expo by CREDAI-Bengaluru in Hotel Shangri-la.
The second edition of Home Expo 2016 by CREDAI- Benguluruat Hotel Shangri-la saw large numbers of potential home owners arrive at exhibition on the first day. This exhibition follows a similar one held at Hotel Park Plaza recently. This Expo at Hotel Shangri-la showcases numerous projects across Bengaluru offering visitors a wide range of options to peruse.
This two-day Expo brings under a single roof 31 builders and 3 financial institutions, all geared to interact with potential home buying clients and their queries.
The residential real estate sector in Bengaluru is booming owing to the city’s rapid growth over the last few years. The affordable and mid-range segment in the city is witnessing an uptick. Infrastructural developments are contributing to the growth, making even the upcoming outskirts of the city more accessible to people. The city is witnessing demand beyond Electronics City in areas such as Jigani, Attibele and Anekal as well as in the Bommasandra Industrial Area. Commercial development on Mysore Road is making the satellite town of Kengeri feature more on people’s radar. Similarly, with an increase in the number of Old Madras Road corridor is increasingly in popularity, thanks to its close placement to the Bengaluru-Chennai Highway. Kanakapura Road, Nallurhalli, Sarjapur Road, Budigere, Magadi Road, Hosur road, Yelahanka, Horamavu are some of the places that are on the rise now. Airport road sees increased activity and demand across asset class.