Mantri Energia, Residential Project By Mantri Group

Bangalore is one of the fastest developing cities of India which are making development day by day. This city is counted among one of the IT hubs of India. Many national and International companies are having their offices in this city. Infrastructure of this city is also changing and many Real Estate companies are continuously developing their projects in Bangalore. Property in Bangalore has also become one of the most demanding entities in the city and all realty companies are developing their projects regarding fulfilling the demand of residences and commercial spaces. Among these many developers Mantri Group is also developing one of its residential projects in north Bangalore.

Mantri Energia is the name of newly launched residential project of Mantri Group; this project is being developed on one of the most demanding and most attractive locations of Bangalore, Manyata Park at Hebbel. All of the major parts of the city as well as the reputed companies are well connected to this location. Bangalore Airport which is one of the busiest airports in India is only .5 kilometers far from this location and M G Road is only 3 kilometers far from this. Being located in the north side of the city and beside outer ring road of Bangalore, this location gets great accessible facilities for all parts and also gets entire types of means of transportation. Every people want to live on such type of location and this group is giving you residences on the dream location of Bangalore. 

This project has many great specialties but talking about the facilities and amenities, this project is not going to make you face any type of regarding any small and large amenity. Mantri Group is well known for keeping entire promises which are done to the clients at the time of making deal. This time, the group has brought entire world class facilities and all amenities which are demanded by the modern aged people like cricket pitch, badminton court, squash pool, swimming pool and many more. Entire project is holding the area of 11 acres in which more than half of the area has been decided to be left as open area in which nature saving technologies and greenery will be planted. Entire apartments of Mantri Energia Bangalore are given the design of being open from two sides and all of the apartments have been designed in such way that each of the apartments will get greenery in front.

Prices and Other Details of High End Properties in Bangalore

The real estate industry in Bangalore has witnessed unprecedented growth in the last decade or so. The results of this growth are visible in the established and modern infrastructure of the city which edges out many other Indian cities. One of the prominent features of Real Estate Bangalore has been the increasing number of high-end or luxury homes in the city.

The IT boom in the city of Bangalore has spurred the prices of properties in the city, especially in areas which are closer to IT and commercial hubs. At the same time, it has contributed to the increase in demand for high-end properties. As per estimates, more than 10,000 individual dollar millionaires reside in the city of Bangalore.

Individuals with such high net worth would definitely want to live in homes that match up to their standard. This is the reason why more and more builders in the city are coming up with luxury projects to meet the requirements of high value customers. There are a number of areas in Bangalore where high-end properties can be found.

Let’s take a look at a few of them.

Whitefield
Until the late 1990s, Whitefield used to be a small suburb of Bangalore which was not very developed. However, the advent of the IT industry transformed this suburb into one of the most popular commercial and residential areas in the city. Whitefield is now home to most of the major IT companies and corporate houses of the country. This region is also popular for its high-end residential properties.

The price range for these luxury apartments may range anywhere between Rs. 1 crore to 10 crore depending on the area in square feet. There are several existing and upcoming luxury projects in Whitefield. Some of them are Prestige White Meadows, Adarsh Palm Meadows, Prestige Mayberry and Skylark Arcadia among others. The type of houses ranges from apartments to villas.

Hebbal
Hebbal is another major hub for high-end residential properties in Bangalore. Hebbal may be well known for a lake with the same name in the area and its flyovers, but of late it has gained popularity as a residential hotspot for luxury homes.

Here the prices of properties may range anywhere between Rs. 1 crore to 7 crore. A few of the major projects for high-end homes in Hebbal are Embassy Lake Terraces, Prestige Misty Waters, Godrej Platinum and RMZ Latitude. Proximity to the Manyata Tech Park, one of the biggest IT parks in the city, has contributed immensely towards the increase in residential constructions in the region.

HSR Layout
HSR Layout or Hosur Sarjapur Road Layout is one of the newer suburbs of Bangalore city and is known for its calm and serene environment filled with greenery. This area has seen a monumental increase in the number of residential developments mainly because it is closer to the important commercial hubs in the city. The price per square foot for high-end properties in HSR Layout can vary from Rs. 5000 to 15,000 per square foot.

Some of the popular high-end residential projects in this region are Vandana Marvel, Sobha Onyx, Devinarayans Lexington Terrace, Salarpuria Serenity and Mantri Sarovar to name a few. The coming up of renowned educational institutions in the region is only helping to increase its popularity as a residential haven.

Apart from these three, there are several other areas in Bangalore where the demand for high-end properties has risen. Koramangla, Devanahalli, Richmond Road, Old Airport Road and Indira Nagar are some of these areas. The rapidly growing Real Estate Bangalore industry has received a major boost with increase in the construction of high-end or luxury homes.

High-end properties are targeted by IT and corporate professionals earning hefty pay packages as they want to live in houses that live up to the standard of their job profiles. The other category of customers who purchase luxury properties are entrepreneurs who run large businesses with a huge turnover and high on profits.

High-end or luxury homes provide top-notch facilities for those residing in such properties from swimming pools to gyms to community halls to children parks to integrated sports complexes; you name it and they have it all. There is also the added advantage of a cleaner and greener environment in and around high-end homes.

Living in today’s luxury homes can be considered as the modern equivalent of living in palaces. The affordability may come to one’s mind when thinking of such homes, but then the high-end homes are not for everyone, are they?

The Real Estate Landscape of Bangalore

The global Information Technology boom was responsible for one thing in Bangalore. It changed the landscape of the city forever and for good. Bangalore is now seen as a city where there are opportunities aplenty and is therefore counted as one of those cities which drive the country’s economy. The technological and the economic growth of the city have further translated into infrastructural development and demand for real estate.

Real Estate Bangalore: The Role of IT
The IT and its associated sectors, Telecom, Engineering and all the other industries are producing job opportunities like no other. This is therefore drawing engineers and other professionals to the city to seek better pastures. The exodus of the professionals to Bangalore is one of the main reasons due to which there is pegging demand in the Real Estate Bangalore.

It must also be borne in mind that the real demand in the real estate sectors; residential and commercial is primarily in areas around the IT Hubs. The remaining areas in the city are merely a result of the trickle over effect. The IT Majors such as Wipro, Infosys, TCS etc. have concentrated themselves in the South and Central parts of Bangalore. This has led to an unprecedented demand for residential and commercial properties in the Bangalore Real Estate arena. Following the demand, the areas in these parts are experiencing inflated property prices and, have reached a point of near saturation.

There are several areas in suburban Bangalore which house the IT Parks. These areas are situated along the arterial and peripheral roads of Bangalore. The IT parks have also given rise to the number of shopping malls in their vicinity. Therefore there has been a significant development on the real estate and infrastructure in and around these areas. The demand for residential properties and the apartments was natural fallout along the peripheral roads.

The relocation of the International airport to North Bangalore has been seen the principal reason for the escalation of real estate Bangalore. prices in the adjoining areas. The proposed high speed metro and the development of an elevated highway for faster connectivity are also contributing to the infrastructural growth in the city.

The city of Bangalore has traditionally been an educational hub. The city has been attracting students from far and wide for various professional courses. This has therefore led to an escalation in the rentals and also opened a window for further development of residential properties.

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