The real estate market in Bangalore has been moderately stable compared to other cities in India because it is largely driven by end users. The city attracts investments from large technology companies and this, coupled with the increasing number of startups, results to a high number of white-collar workers migrating to the city in search of promising careers. With tremendous development in the past few years in terms of realty spread, the city offers a complete range of ultra-luxurious homes for high net worth individuals (HNIs) to affordable homes with great connectivity. In the recent times, it has been witnessed that there has a rising demand and consumption in affordable housing units.
In Bangalore, the rapid growth of multinational companies and IT hubs has resulted in huge absorption of office space that has further been driving the residential realty sales. The fact that the economy of the city is doing well is contributing to the symmetry between volumes of office spaces and homes supplied.
Thanisandra Road, located in the northern part of Bangalore, has sought up as one of the realty hotspots in the city giving excellent average annual returns as per estimates. Thanisandra currently has about 60 new and upcoming housing projects and lies near areas like ORR and Nagavara Circle, where the property rates are higher in comparison to the other parts of the city. The area provides various options for home buyers when it comes to housing units including 2 and 3-BHK configurations. Some of the leading builders that have developed their residential complex in Thanisandra are Provident Housing, Sobha Group, Puravankara, Prestige, Sekhar and Brigade, among others.
The demand for the property at this place has shot high because the area is well-connected to the important city lifelines like health care centres and hospitals, educational institutions, shopping centres and other entertainment facilities.
About Provident Northern Destiny
Provident Northern Destiny is one of the hottest residential development projects presenting an affordable quality homes in Bangalore. The project is developed by one of India’s premier builders, Provident Housing. The outstanding project is located on Thanisandra Road just Off Outer Ring Road in Bangalore, offers quality living spaces in configurations of 2 & 3 BHK luxury apartments with unit sizes ranging from 1000 – 1075 sq. ft. to 1250 – 1425 sq. ft. enriched with all the luxurious amenities and facilities that you’ve always dreamt of for your dream home.
Another New Project by Provident Housing - Provident Park Square
Provident Park Square Bangalore is a beautiful residential property very well equipped with all the advanced services giving its dwellers several first-class facilities including landscaped gardens and parks, creche, club house, children play area, swimming pool, gymnasium, open space, car Parking, basketball court, jogging track, tennis court and many more. The residential project offers 1BHK, 2 BHK and 3 BHK apartments at different prices to the buyers. The price of 1 BHK flats starts at Rs 26.00 lakhs, while the prices of 2 BHK flats range from Rs 35.00 lakhs to 41.00 lakhs and the 3BHK flats are available from Rs 53.00 lakhs to Rs 64.00 lakhs. The sizes of the flats range from 525 sq.ft to 1300sq.ft.