June 20th, 2018 Aspirational City Bangalore Needs Aspirational Homes

Over the last decade Bangalore has clearly emerged as the startup capital of the country. And the real estate space in the city is now largely fueled by a new wave of startup energy. As an increasing number of the city’s working-class populace turn an entrepreneurial leaf, there is a renewed sense of aspirations that have come to define everyday basic needs.

Easy commute to work, availability of everyday necessities and few basic amenities – this was the making of a dream home of the yesteryears, today’s aspirational home buyer demands a whole lot more.

A lot of features and amenities that were once considered luxury have now come to be viewed as necessities, if not comforts. The aspiration for a good, luxurious lifestyle is now at the heart of the new-age home buyers.

Developers have certainly caught this wave and state-of-the-art designs, amenities and top-of-the-line features have now become commonplace. Not just the ambiance that is internal but an increasing number of residents want exciting, serene and pollution free external environment.

Greenery, wide-open spaces, recreational avenues, health benefits, club houses, pools & parks, libraries and even amphitheaters – the list of amenities that the aspirational class now demands is almost endless; and the developers are only too happy to play ball. This two-way confluence of demand & supply has elevated the real estate portfolio of Bangalore to a whole new level.

Just like the start-up culture continues to alter and enrich the city’s economic and technological landscape, it continues to define and improve the city’s real estate fabric.