Economic liberalization in 1991 heralded a whole new chapter in the story of Bangalore. The once quiet and sleepy retirement city shed its laidback tag and embraced the new tag of IT capital of the country. Bangalore began to see a steady influx of a working population into the city, not only from other parts of the country, but from all over the world, all of whom moved here seeing employment and thus residence. This soon led to improvements and development in infrastructure of the city, with new roads, flyovers improving connectivity and also the establishment of the metro, all of which progressed rapidly in order to support the growing population of the city. This influx of new residents also fuelled a major growth in the real estate of the city in terms of both residential and commercial. This growth of Bangalore as a city has been nothing short of phenomenal and the growth and evolution of the city is happening on a daily basis. Bangalore is currently the second fastest growing metropolis in the country and newer areas are being incorporated into the city in an extremely rapid fashion. This is the time to invest in Bangalore as the city is progressing and evolving extremely rapidly. Areas that were once considered far flung or on the outskirts are being seamlessly amalgamated into the city and the real estate market here is thriving. The prices of real estate too are not as high as other metropolis in the country and it is still possible to obtain real estate at a considerably reasonable price. In terms of social infrastructure too, Bangalore has gained a reputation for being a centre of healthcare with several world-class medical establishments available here and also numerous well-reputed educational institutions being located in the city. The city is a complete package, offering a vast array of real estate options in a location that is not only a sound option as a work place, but also has extremely strong infrastructure.
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