The Hindu : Karnataka / Bangalore News : Home options on offer

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Sunday, Jun 01, 2008
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Karnataka

Karnataka - Bangalore

Home options on offer

Staff Reporter

BANGALORE: A huge colourful map with nearly 200 housing projects spread across the city welcomes visitors at the two-day real estate exposition that got under way here on Saturday.

It is being organised by the Confederation of Real Estate Developers Associations of India (CREDAI) at Hotel Grand Ashok.

As many as 36 property developers from Bangalore who have their projects not only in the city, but also in Mysore, Chennai, Hyderabad, Pune, Goa and Kochi are participating in the event.

Balakrishna Hegde, president, CREDAI-Karnataka, said that this time they had ensured that the exposition included projects not only in Karnataka, but also in cities where there was a boom.

“House hunters can scan hundreds of properties across the city without getting confused, and can assess the location too for a better idea,” says Kamal Sagar, chairman, Realty Expo.

Shortage

Mr. Hegde said, “The supply-and-demand gap in India leaves us with a shortage of over 23 million residential units. The growth story is therefore here to stay. Bangalore is still affordable with apartments available between Rs. 2,500 and Rs. 3,000 a sq. ft within 15 km from central Bangalore.”

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