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Real Estate Overview: Bangalore
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Bangalore.
The Capital of Karnataka.
Popularly known as the Garden city and Silicon valley of India
Forbes magazine considers this city as one of “The next decades fastest growing city
in the world”
2nd fastest growing metropolis in India
3rd largest hub for High Networth Individuals
Per capita in the urban agglomeration is twice that of the Indian average
Facts & Figures
Karnataka has the 3rd highest inflows of Foreign Direct Investment FY 2011-12, 36,139 crores (USD 8.1 billion)
Karnataka has registered 15.3% growth in project implementation in 2011-12
Bangalore boasts of a USD 11 billion economy and an annual growth rate of 10.3% (2010-11)
Has the largest number of households with an annual income of 10 lakhs (INR 1 million)
Total Population: 9.5 million (2011 census) Urban: 88.11% Rural: 11.89%
Witnessed 60% growth in resident population and 25% growth in migrant population
over the years
Average Literacy rate: 89.56%
Real Estate Overview: Bangalore