Salarpuria Gold summit Multistorey Apartments Area Range 1933-2031 sq.ft, Located at Hennur Road, Bangalore available with 3BHK Apartment.
Description:
Welcome to Gold Summit! One of Bangalore's tallest Residential Towers!
A building that hails the sun with its towering height of 33 floors. Overlooking tranquil landscapes as well as bustling city side, right on the Main Hennur Road. Gold Summit is one of the tallest buildings of Bangalore that has added class and style to its skyline. There’s a subtle sense of grandeur that you will feel as you traverse the tranquil landscaped zones and enter the grand reception area done up in granite. A grand reception befitting your aspirations of a stylish lifestyle.
Gold Summit towers over many a home in terms of comfort and luxury. The specifications are top-class, flawless to the very last detail. For those who will not settle for anything lesser than the best, here is a home that understands you well. Here every specification, fixture and civil work lives up to the highest standards of quality.
There is a wide range of amenities here to support a modern lifestyle. Central to life here is the classy swimming pool, that is the life of the residential complex. For the fitness conscious there is a top- of- the line fitness centre. Gold Summit is not just a tall building in Bangalore- it towers over many a home in terms of luxury, comfort and aesthetics.
Gold Summit is for those who will not settle for anything lesser than the best.
A building that hails the sun with its towering height of 33 floors. Overlooking tranquil landscapes as well as bustling city side, right on the Main Hennur Road. Gold Summit is one of the tallest buildings of Bangalore that has added class and style to its skyline. There’s a subtle sense of grandeur that you will feel as you traverse the tranquil landscaped zones and enter the grand reception area done up in granite. A grand reception befitting your aspirations of a stylish lifestyle.
Gold Summit towers over many a home in terms of comfort and luxury. The specifications are top-class, flawless to the very last detail. For those who will not settle for anything lesser than the best, here is a home that understands you well. Here every specification, fixture and civil work lives up to the highest standards of quality.
There is a wide range of amenities here to support a modern lifestyle. Central to life here is the classy swimming pool, that is the life of the residential complex. For the fitness conscious there is a top- of- the line fitness centre. Gold Summit is not just a tall building in Bangalore- it towers over many a home in terms of luxury, comfort and aesthetics.
Gold Summit is for those who will not settle for anything lesser than the best.
Amenities:
Health Facility with Steam, Sauna & Jacuzzi
Gymnasium
Indoor Games
Squash Court
Multi-Purpose Hall
TT
Walking Track
Card Room
Kids Pool
Billiards
open Theatre
Gymnasium
Indoor Games
Squash Court
Multi-Purpose Hall
TT
Walking Track
Card Room
Kids Pool
Billiards
open Theatre
Basket ball Post
Children's Play Area
Swimming Pool
Jogging Track
Children's Play Area
Swimming Pool
Jogging Track
The real estate sector plays a significant role in India's economy.
Almost 5% of the country's gross domestic product (GDP) is contributed by the
housing sector. Real estate in India has been characterized by an increasing
presence of a large number of public companies, along with the opening up of
this sector to foreign direct investment (FDI) and private equity firms. This
has increased the discipline and accountability of businesses houses undertaking
large-scale real estate developments. Indians have an innate propensity to own
homes.
This, with rising income levels following India's rapid
growth, has resulted in a phenomenal increase in the demand for homes.
The country has started viewing property as a preferred investment
option, given that returns are pegged between 11 % and 15%, compared with bank deposits,
which seldom offer returns over 10% a year. Prices of homes, therefore, have
increased at a steady pace in the past decade.
According to Dun and Bradstreet Corp., a provider of credit
information on businesses and corporations, the total value of real estate development in India was estimated to be around Rs.67,480/- crores, growing at
an annual pace of30%. This growth is fuelled by the growth in realty development
in organized retail, followed by housing and information technology and information
technology-enabled services.
In recent times, real estate has been seeing a plunge in
demand with retail shying away from exorbitantly priced spaces or paying high
rentals. Reduced consumer spending has also translated into a retail slowdown. Many
firms have also decided to relocate from high to lower cost locations, leading
to vacancies going up in retail and office space.
Interestingly, a careful look at the performance of the
sector reveals that the pace of activity has been shifting to smaller cities. Several
reasons could cause this shift. First, speculative investments in real estate,
which have been largely confined to the metros, resulted in greater price volatility
in these cities.
Secondly, the high price of real estate in large cities has caused
a number of offshore companies setting up operations in India to expand into
smaller cities, resulting in a substantial increase in demand.
Thirdly, builders and developers have mainly focused on high-end
housing projects in large cities. The recent economic slowdown has meant large
stock of unsold inventory. They have, therefore, shifted focus on developing
projects aimed at medium-income, middle-class households. Lastly, the special economic
zone policy has also resulted in a shift of activity from large to smaller
cities.
So, where are we heading? The advent of the private sector
in real estate and the government's proposal to offer fiscal concessions and
creating an enabling environment for housing development have led to rapid
growth in private investment in housing, with the emergence of developers mainly
in metropolitan centres and other fast-growing towns.
The growth has been fuelled by rising business opportunities
in new and emerging enterprises, increasing income levels, low interest rates,
employment generation and demographic changes.
The real estate market has also been boosted by a proposal
to permit 100% FDI in the sector. Also, a significant factor that drove the
growth of the housing market was easy availability of bank finance at
affordable interest rates.
Finally, it is important for policymakers to be vigilant and
track the pace and economics driving the evolution of the sector. There should
be adequate supervision to prevent reckless credit growth to fund its
expansion.
India's favourable demography, low mortgage penetration, falling
interest rates and ongoing infrastructure demand will keep the retail real
estate downturn from being protracted. The fundamentals of the sector are good
and its growth should continue in the foreseeable future.
Bangalore properties like Apartments / Villas / Plots / Independent Houses ....
Real Estate Properties are available in Bangalore City.......
No comments:
Post a Comment