Bangalore which was once called a garden city can no more time boast of too many gardens although there is a concerted effort to retain as many gardens as feasible. All now one can see in Bangalore is tangible structures i.e. commercial organizations & residential apartments. Even old Victorian type of houses which Bangalore was so well-known for, have all been sold to real estate builders and developers who have modified them into huge apartment blocks.

In recent times, the south of Bangalore has experienced an incredible growth in the establishing of apartments. Till recently, areas like Frazer town and builders in Bangalore had very few or no apartment blocks, but now even these areas have started having apartment blocks. Bannerghatta Road and Kanakapura Road are now the areas where there is a boom in the construction of apartments. Apartments not only inexpensive from self-sufficient houses but also preferred from protection point of view. Apartments commonly have their own security people positioned near the main gate and no stranger can get inside without obtaining their clearance. With the spate of murders in independent houses, which city has recently experienced, it is no wonder that the sale of apartments in Bangalore has risen quite substantially.

The prices of apartments for sale will vary from locality to locality. If you were to buy a three bedroom apartment in areas like Indiranagar, Lavelle Road, MG Road or any other main places, you can be sure that it would cost you absolutely nothing less than core rupees. But this need not dampen anybody with a lower budget, as Bangalore has apartments to suit any budget. Two bedroom apartments sell the most in Bangalore Real Estate, more than three or four bed rooms. If one is geared up to go slightly to the borders of the city, one can be sure of to get a stunning, spacious luxury flat for the price of a small two bedroom apartment in the heart of the city.

If you take up any newspaper you will see that half the paper will be filled with about sale of Apartments in south Bangalore. Apartments which are built nowadays come along with facilities like water storage facilities, power back up, rain water harvesting, security, reserved parking, club house, private terrace/garden, park, gymnasium, lifts, swimming pool etc. As the radius of Bangalore city is expanding there are many apartments coming up on the outskirts of Bangalore city. When the IT sector was favorable, the north east, east and southeast parts of the city experienced large-scale progression in residential complexes, especially in Frazer town, ulsoor, south Bangalore, Sarjapur, Kanakapura Road. Be it residential, office or rental, the city has never experienced such fast growth in its real estate scenario since recent years.

Real estate in Bangalore has undergone a major transformation in the last six months. But global economy meltdown has almost grounded the real estate sector. People are now keeping out and looking at with hope that the costs of apartments in south Bangalore will dip further. Most builder are facing difficulties with hardly any buyers for residences. The luxury apartments have been worst hit. Developers are doing anything possible to boost sales, discount in prices, flexible rates for vehicle parking and as well as giving freebies like cars, including semi-furnished residences.
Some developers are also decreasing prices, by scrapping extra amenities like swimming pool, gym etc. No new projects are estimated to be integrated until the market stabilizes. The focus of builders now is on completing the unfinished projects.