A look at our history books would tell us that most great civilizations of the past came up near river banks or coastlines. Moving to the present, the story has changed somewhat. Nowadays, it’s the physical infrastructure and the promise of opportunity that attracts people to settle in an area. A look at the evolution of India’s ‘Silicon Valley’ and ‘Garden City’ of Bangalore is a clear illustration of the same.
Bangalore city, earlier defined by its petes and cantonments, rapidly expanded eastwards and southwards in the late 90s. Fueled by the IT boom and the construction of the Outer Ring Road, many villages rapidly became urbanized and a part of this ever-expanding city. We are now on the cusp of history repeating itself, with north Bangalore being the new theatre of development. The one major factor, which has brought about this boom, is the construction of the Kempegowda International Airport in Devanahalli, which opened in 2008. Already one of the country’s busiest airports, it has become a key economic and real estate driver. We look at the changes this airport has already indirectly brought about and also the impact of some promising developments announced recently.
As the population is increasing day by day. the land rates in India will go on increase unless there is some serious issue in that area. If you invest money in some bank or in shares there will be no guarantee for that money to get double. But if you invest in property especially land it will surely get increased.
How Increasing Demands of Millennials are Shaping Real Estate Market
1. Growing Purchasing Power
The booming millennial workforce in the garden city has enabled Bangalore’s real estate to grow significantly. Bangalore has always been one of the active residential market and now is also known for having sustained demand for commercial space. According to a NASSCOM report, 2018, Bangalore is one of the fastest growing technology start-up hubs in India with nearly 7,700 registered start-up firms. Of this, approximately 1,200 new start-ups were registered in 2018 alone.
2. Various govt. reforms:
The introduction of reforms like RERA & GST has made the sector go through significant improvements. As a business hub, the city caters to the technology and other services requirements of companies globally; no wonder then, that Bengaluru attracts a huge ratio of India’s highly-skilled workforce.
3. Rapid real estate growth in Bangalore:
The year 2018 re-established Bangalore’s position in the commercial space. According to a JLL report, the city accounted for the highest absorption of office space at 7.9 million sq. ft. in the first nine months of the year. Bangalore also fared decently in the residential segment. According to a recently conducted research, about 870 projects were launched in 2018. About 50% of this new supply was in the mid-segment (Rs 40-70 Lakh), followed by 24% in the affordable segment (Less than Rs 40 Lakh) and 26% supply in the luxury segment (Rs 70 Lakh and above).
4. Boost in the affordable housing segment:
Affordable housing witnessed a growth of 22% in sales during 2018. In the recent Budget announcement, the government has extended the deduction of interest on home loan.
Laa Moon Stone is built by LAA Properties. It’s a leading group in the real-estate market in Bangalore. The team of this builder group is known for its superior work and punctual delivery of high-end Residential Apartments developed precisely in accordance with the pre-defined specifications.
Laa Moonstone Project Overview:
Laa Moonstone, a residential project at the Heart of the City, Electronic City Phase I –, Bangalore by LAA Properties who emphasize bestow grandeur, tranquility, and expediency. This project consists of 4 individual blocks with exquisite 2 BHK and 3 BHK delightful apartments with a profusion of light and airy room space with absolute ventilation. All apartments are individually built with 3 sides open. Our quality and genuine work with trust have earned over the years through Superior work satisfying customers with timely delivery, phenomenal final touch and at affordable prices providing corner property North Side Road and West Side Road with no common walls in between offering client’s benefits of providing Housing loan approved by Major Banks with no Hidden cost.
The project offers plenty of benefits that includes prime location, comfortable and lavish lifestyle, great amenities, healthy surroundings, and high return.
Laa Moon Stone Location Advantages:.
Laa Moon Stone is strategically located and provides direct connectivity to nearly all other major points in and around Bangalore. It is one of the most reputable addresses of the city with easy access to many famed schools, shopping areas, hospitals, recreational areas, public gardens, and several other public amenities.
Units and Interiors:
Laa Moon Stone offers 2 BHK and 3 BHK Apartments of many sizes. The magnitude of area included in this property vary depending on the number of BHK’s. Laa Moon Stone is spread over an area of 2.00 acres with 4 floors. The master plan of Laa Moon Stone is designed in such a way that these Apartments comprises of wide space with proper ventilation at every corner of the house. The interiors are beautifully crafted with designer tiled floor, granite counter slab in kitchen, modern sanitary fittings in the bathroom and huge windows for proper sunlight.
Comforts and Amenities:
The amenities offered in Laa Moon Stone are Landscaped Garden, Swimming Pool, Gymnasium, Play Area, Intercom, Rain Water Harvesting, Lift, Car Parking, 24Hr Backup Electricity, Drainage and Sewage Treatment, Multi-purpose Hall, Toddlers Pool, Security, Overhead tank and Water Treatment Plant. All these features together assure many choices to relax, revitalize, and relish at own home. Apart from that, suitable security devices are installed to ensure safety to the residents 24*7.
Q- Why should we consider buying a property in LAA MOONSTONE?
- STRUCTURE – Classic RCC frame structures with footing, column, beams, concrete slab etc.
- FLOORING – Vitrified Tiles
- TOILETS – Anti-skid ceramic flooring
- DOOR – Teak wood main door and other doors with Deluxe Godrej fittings
- WINDOW – Teakwood shutters and glass panels and M.S grill protection.
- KITCHEN – Polished Granite Slab, Stainless steel sinks with quality Jaquar or equivalent sanitary fittings
- PLASTERING -Neeru finish plastering for internal walls and sand finish plastering for external walls
- PAINTING – Asian Paint for the internal walls and APEX or ACE for external walls
Q- As a man is said to have a right to his property, he may be equally said to have a property in LAA MOONSTONE which a property seeker should buy?
|TYPE||SUPER AREA (in square feet)||Price|
|2 BHK||720 – 1420||Sold Out|
|3 BHK||1600 – 1640||73.60 L – 75.44 Lacs|
Q- I always say if the house I live in is comfortable, and I have all the amenities I need, then what more can you ask for? Talking about the Amenities in LAA MOONSTONE: –
The following are the various amenities offered to its residents: –
- Children’s Play Area
- Swimming pool with toddler’s pool
- Security room with servants toilet
- 2 nos Bore well for each block
- Standby Generator backup for each flat
- 4 nos Schindler lifts
- 2 & 4 wheeler Car Parking stilt floor
- Multi specialty gym
- All round gardens
- Separate tank provision for corporation
- Compound wall stone cladding & Brick
- Multipurpose room
Laa Moon Stone Master Plan & Floor Plan:
Project Review of Laa Moonstone:
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