Bengaluru, Oct 8, 2024: Bengaluru, renowned for its pleasant climate and cosmopolitan vibe, continues to attract people from across India and abroad. The city has rapidly evolved, with new IT parks, townships, malls, and commercial hubs springing up. Its booming economy, combined with exceptional living conditions, has created a high demand for real estate, making Bengaluru a sought-after destination for homebuyers and investors alike.
With the ongoing growth of businesses and job opportunities, Bengaluru’s real estate sector is more vibrant than ever. 2024 has seen buoyant investments across all real estate asset classes, and the momentum is expected to continue through the second half of the year. With increasing market stability and favourable regulatory reforms, real estate investments are proving to be a reliable and profitable option, even amidst global economic uncertainties.
Whether it’s residential or commercial properties, Bengaluru is witnessing a surge in inquiries. Post-pandemic, many are opting for homes nestled in serene, green spaces away from the city’s bustling urban areas. High-net-worth individuals and startup founders are especially drawn to luxury properties and plotted developments in key locations. Real estate has also become an essential diversifier in investment portfolios, thanks to its long-term stability.
To capitalize on this growing demand, The Times of India in association with State Bank Of India hosted a Mega Property Expo. This two-day event held on October 5 and 6, at State Bank of India’s Local Head Office, 65 St. Mark’s Road, Bengaluru promised an excellent opportunity for prospective homebuyers and investors to explore a wide range of projects, both existing and upcoming. With more than 30+ top developers showcased 250+ properties under one roof, attendees engaged in face-to-face discussions, got comprehensive project details to make informed decisions about their next property investment. State Bank of India, the presenting sponsor of this Expo has offered competitive Home Loan Interest Rates and other concessions for Home Loans booked under this Fair.
“SBI being Country’s largest Home Loan provider is excited to collaborate with TOI for this Mega Property Expo. With its 426 Branches, 9 Home Loan Centres, 750+ Sales Force & 900+ Builder Tie Ups, SBI has widespread presence in Bengaluru City. Our esteemed customers had used this opportunity and availed special Home Loan rates & other concessions given during the Expo.” Smt. Joohi Smita Sinha, CGM, Bengaluru Circle, SBI.
