Bangalore is geographically situated in the prime location of India where the climate and topography are assisting the city for being the ‘skyline of the country’. The city is well connected with the northern, western and southern part of India so well that the founder of multinational companies and foreign tech giants are investing in the city at large. Grabbing this opportunity the builders and developers are making their path towards the urbanized nation to deliver high-end, well designed and constructed smart building and apartments. In addition, Bangalore is one of the budding metro cities of India with its ever growing Information Technology hubs. With the various Tech giants and other multinational companies constructing their offices in the city, people all across the Indian subcontinent are flying in like the swarm of bees. For such over exploring population to accommodate, we need houses and buildings for residing as well as for commercial usage.
In the race of real estate and construction, among the major metro cities across the country, Mumbai, Bangalore, Delhi and Kolkata are the front liners. But in terms of development, Bangalore successfully smashed them all and it has become the King of Real estate in last couple of years. According to a survey by a leading property data company PropEquity, it was revealed that, Bangalore has jumped up to first place which was in 9th place, whereas, Mumbai dropped down to 8th place which was at the top. While depending on the cost of living, Mumbai is the winner, because, in comparison to Delhi, Kolkata and Bangalore it is five times greater and rentals as well as other consumer prices are 26.18 percent lower in Bangalore than Mumbai. Knight Frank India, a leading international property consultancy, in its ‘Prime Global Cities Index Q2 2020’ report cited Bangalore as the 26th, Delhi was ranked 27th whereas Mumbai was ranked 32nd meeting a decline of 0.60 percent.
With this in mind, eminent builders the pinnacles of Real Estate business have uplifted the standard of living by building smart, sustainable and cost-effective corporate & residential buildings & apartments. The most known builders whose names are always on the tip of the tongue are-
The Prestige Group ~ Add prestige to your life
Over the past few decades, Prestige Group has reached the zenith in the sky of Real Esate business and is shining as the brightest star. The company has prevailed over lot more challenges and burnt itself in the fire of expertise and came out as the pure gold. They are the top leaders & experts in the gold rush. It has spearheaded the whole scenario of Real Estate business leaving behind its notorious competitors. It was founded as officially registered company in 1986 by the Razack brothers namely, Irfan Razack, Rezwan Razack and Noaman Razack. Headquartered at Prestige Falcon Towers, Bangalore, Karnataka. Out of the Silicon Valley they have their offices in Chennai, Hyderabad, Kochi, Mangalore, Goa, and Mumbai. They are currently working with 3000 workforce. The current CEO of Prestige Group is Venkat K.Narayanan. The group has completed 161 projects covering around 45.82 million square feet and 40 more projects covering 61.33 million square feet are under construction. The average price of the residential building starts from 85 lakhs depending on the location and facilities.
Notable Works
A few notable commercial projects are Prestige Tech Park 1, 2, 3, Prestige Shantiniketan Building, Prestige Liberty Tower are famous. A few notable residential projects are Prestige Primrose hills, Prestige Delta, Prestige Golfshire, Prestige Kingfisher Tower, Prestige Leela Residences, Prestige Elm Park, Prestige City Meridian Park. A few notable Hotels are Sheraton Grand, JW Marriott Bangalore, Prestige Golfshire, Oakwood Premiere Prestige, and Twenty Four Hotel.
Awards & Achievements
Prestige Group has been the one and only Builder and Developer in India to be certified by ‘CRISILDA1 Excellent Rating’ which has been awarded for their accomplishments in this field. Any developer can die top have this but Prestige group is the one who earned it. It surely put a golden feather on the hat of their excellence. Apart from this they have received a few more awards such as ICI Birla Super Award, 2022 for outstanding concrete structure in Karnataka Building Category, Sap Ace Awards 2022, Indus for Best Customer Experience Transformation, and many more. As a whole, Prestige group has left their mark on wide variety of infrastructural works like residential (flats and apartments) commercial (offices and tech parks) and hospitality (hotels).
Sobha Developers ~ Passion at work
Sobha limited was started in 1976 as an interior decoration firm in Oman by PNC Menon. Today, Sobha is one of the successful names who have earned fame in very short span of time. It has successfully completed 27 years in the Real Estate business. Sobha Developers limited was founded in Aug 1995 by PNC Menon in Bengaluru. Apart from Bengaluru they have their offices in the prime metro cities of India such as Delhi NCR, Coimbatore, Thrisssur, Chennai, Pune, Kochi, Kozhikode, and Gandhinagar. It has emerged with developments and investments in UAE, Oman, Brunei apart from India. They are currently working on expanding their business in Dubai and Oman. Lion’s share of the builders’ target the upper class population of the society while renowned brand like Sobha has offered their construction for the middle class people as they believe in the concept of dream in a budget. Amidst the game changers in real estate business Sobha is the one which is the backward integrated Real estate. It has a large workforce and has been a home for many job seekers. Sobha is working towards the betterment of the marginalized sections of the society because they are of opinion that, India will grow when all the sections will grow simultaneously, on this note, they have found Sri Guru educational and Charitable Trust. Under this banner education, employment and health is getting benefitted. Sobha has been the one to make a bright place in the world economic forum as a global growth company with an annual turnover of 500 crores.
Awards & Achievements
Sobha Limited has remarkably achieved good name and fame and has been rewarded and honored with couple of awards such as the CREDAI Awards for Real Estate, 2019 in the category of Best CSR Activity by CREDAI Karnataka, BAM Award for Affordable Housing Project of the year was gone to Sobha Dream Acres in 2019, and many more. PNC Menon believes when passion meets expertise it surely soars higher.
Notable Works
Sobha Dream Gardens, Sobha Dream Acres, Sobha Sentosa, Sobha Manhattan Tower Town Park, Sobha Windsor, Sobha Royal Pavilion, Sobha Dream Heights, Sobha Lake Garden, Sobha Victoria Park, SobhaEvergreens, Sobha Blossom and so on.
Salarpuria Sattva Group ~ Trust. It’s what we build
India’s one of the leading real estate company which values trust innovation and leadership. The group was founded in 1993 and has become one of the pioneers in the real estate industry. Sattva group has started their move humbly with offering 2000 sqft of total constructed land, but now, they have completed 69 million sqft of construction with 39 million sqft in the pipeline and 28 new projects coming up soon. Bijay Agarwal is the Managing Director of this company. Starting from residential projects, commercial projects to warehouse designing, retail and facility management, it has paved the way and given a tough competition to its peers. It has shown how to be the frontrunner coming front from the backside and winning the hearts in the cut-throat competition and shaping India’s future boldly. Besides having corporate headquarters in Bangalore, it has corporate offices in megacities like, Kolkata, Coimbatore, Pune, Hyderabad, Mumbai and Goa.
Awards & Achievements
Sattva Knowledge City in Hyderabad is the winner of commercial project of the year by CREDAI in 2019, Sattva Aqua Vista was awarded as Best Residential Projects in Bangalore by Siliconindia Magazine, Developer of the Year 2020, Winner of Residential Project of the Year 2023 at Times Business Awards, and Economic Times Business Excellence Award.
Notable Works
Sattva Spectrum, Sattva Knowledge Point, Sattva Knowledge Court, Sattva Endeavor. Among the residential projects Sattvaluxuria, Sattva Anugraha, Sattva Greenage, Sattva Opus are quite famous.
Puravankara Group ~ Always About You
Puravankara Group has become one of the shiniest stars in the real estate and construction industry. It was started in 1975 and till the date it has maintained the legacy of their work and has been the most trusted and admired company in India. Ravi Puravankara is the Founder & Chairman of this group and Ashish Puravankara is working as the Managing Director. Besides, the silicon valley of India they have created their presence in Chennai, Hyderabad, Pune, Mumbai, Kochi, Goa, Kolkata, Coimbatore, and Mangaluru. The company was one of the first developers in India to secure FDI in real estate and from then it has exponentially grown and successfully delivered 80+ residential and commercial projects measuring over a whopping 45 million square feet of land. They have a land bank of over 56 million square feet and currently 18,000+ homes with a total area of over 24.14 million square feet under development.
Awards & Achievements
Founder Ravi Puravankara received Lifetime Achievement Award by CREDAI in 2023, Times Real Estate Award 2021 for Iconic Luxury Project in Central Suburbs, Grand Champions Award for Luxury Project of the year 2021, Reality and Conclave & Excellence Award for Prop Tech Realty Firm of the Year 2023, Asia Pacific Property Awards Development for Best Residential High Rise Development In India 2021-2022, and Best Developer – Dubai.
Notable Works
Purva Blubelle, Purva Park Hill, Purva Celestial, Purva Somerset House, Purva Windermere, Purva Clermont. Famous commercial projects are Purva Gainz, Purva Primus, Purva Summit, and Codename Primus Bay.
Esteem Group ~ A wise investment in every square foot
Esteem Group is a famous name in real estate and construction Industry based in Bangalore. Since the inception in 1994, the group has shown their excellence in the industry and committed to deliver what they assure. Gaurav Ahuja is the acting Managing Director of the group. They have perfectly blended the goodness of technology in the construction and delivering and redefined the architecture wrapping in luxury and chic urban designs. Esteem Group has delivered over 2000 homes and 3 million square feet in the best neighborhoods across the tech city Bangalore. Their projects are full of unique designs with impeccable quality which has already established the edifice of their business empire in South India. They have completed and delivered over 40 projects in the Bangalore area with more than 5 ongoing projects as of now.
Awards & Achievements
Esteem group has received Bangalore Real Estate award by Silicon India in 2018 for Best Mid-range Apartment Project of the Year, Residential Plot Development of the Year in 2015. Director of the group Gaurav Ahuja was conferred with ‘Young Achiever of the Year – Male’ in Bangalore Real Estate awards by Silicon India in 2015.
Notable Works
A few accomplished projects are Esteem SNS Arcade, Esteem Splendor II, Esteem Heritage, Esteem Gardenia, and Esteem Asrani.
To be concluded, in today’s affluent urban life, people are earning more and paying more to maintain their high standard of living but before paying, they scrutinize and check whether all their demands and needs are being covered or not and the constructed complexes have all the amenities they want. Mainly, few amenities those are must for all the residential and commercial buildings are, community hall, 24X7 water supply, water-proof rooftop, solar geyser, video-door-security, tennis court, 24X7 power backup generator, departmental store, mini theatre, gym, club house with spaces for indoor games, basketball court, cricket field, rooms for board games, unisex parlor and cafeteria. Undoubtedly, Real Estate, Construction and Architecture leaders are trying vigorously to keep pace with the urban standard of living and building their robust empire over the metro cities of India and earning enormous profits.
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