Supertech Micasa -Demand of affordable housing apartments in Bangalore
The developments like Supertech Micasa signify the increase in demand of affordable housing in Bangalore. The city is the astounding place where the commercial sector rules. Many companies have established their branches in this eminent city enriching its commercial infrastructure. With the efficient growth of the IT sector, the city has developed into the well planned IT hub. Therefore, the demand for the residential places increased with the development of the commercial sector. The builders in Bangalore are bestowing the finest infrastructure in the city by planning the aesthetically designed residential places. In past few years, the real estate market had some tough time because of the poor strategies and policies by the government. With such harsh policies, the builders had faced many challenges in the realty market and this slump in the real estate market has affected to the great extent. These election results have made the real estate companies little relaxed with the hope of new policies to be launched for the real estate market. The metropolitan cities like Bangalore will enlightened with the great relief from the harsh policies of the government. “With fear and uncertainty receding, customers are coming back. Till about two months ago, customers were not even willing to have a conversation,” said Samarjit Singh, managing director of India Homes, a real estate brokerage firm.
With the wave of Modi government the home buyers are getting the positivity for the investment in the real estate market for the ventures like Supertech Micasa Thanisandra road Bangalore. The government has launched the budget for this year and focused on the needs of the crowd and real estate companies. The government is promoting the concept of affordable housing by serving the incentives on launch of such residential places. Providing housing to as many as possible is the main motto of the government. With the new government and budget, there is probability of more investments in newly launched projects as well as the older ones. The real estate firms and brokers have noticed the significant growth in the number of enquiries by the home buyers. The friendly policies launched in the budget 2014–2015 have encouraged many to invest for the affordable housing like Supertech Micasa. The residential real estate sector has gained the vibrant response with the huge interest of the buyers.