How Demonetization Is Good for First Home Buyers in Bengaluru

Back in the 80’s and 90’s, Koramangala, once known as Sollemangala, was a parched area where properties had only a few takers. The area was barely developed and was home to only a few who could not afford the then posh localities. A few clairvoyantsenior citizens who saw potential in the area being an ideal residential place seized the day and dedicated themselves to make Koramangala a desirable location to live in. With an objective to bring in the aura of peace to the place and these senior citizens formed an association called the" Swabhimana Koramangala Initative.” Their first leg in making Koramangala habitable was clearing the garbage out. Joining the team was the city mayor who took the initiative to develop parks. These parks were further maintained by the association. The initiative set in a revolution to make Koramangala greener and cleaner than ever. Push carts and garbage trucks were introduced in the area in order to maintain the tone of cleanliness in the neighbour hood. Along with the association and the authorities, every resident in Koramangala made an extra effort to rejuvenate Koramangala and give it a much needed face lift. Before you know it, Koramangala bloomed into a clean and lush-green area. With the gradual development of houses and commercial spaces, the area has gained momentum and people now perceive Koramnagala as an ideal location to settle.

Ever since the revolution, Koramangala has gained commendable traction in the real estate industry. Although Koramangala is boss of all residential location, today, theformerly dejected location is alsoa breeding ground for ‘Start- ups.’ From e- tail giants like Flipkart, to the food chain startup Swiggy, community-based housing search startup Grabhouse; and ZipDial, which was acquired by Twitter recently, Koramangala has given a number of startups to the country.

With plethora of job opportunities, tree- lined roads, posh residential spaces, restaurants and shopping malls to choose from, Koramangala is now considered to be among Bangalore’s best residential and commercial neighbourhood.

Connectivity

With main roads that connect it to the Electronic City, Hosur Road, Intermediate Ring Road, Airport Road, etc. Koramangala is claimed to be one of the only areas in Bangalore that has the ease of access.

Eateries

Thulp, Sufi, California pizza kitchen, black pearl, Hole in the wall, Punjab grill, Om made café, BBQ nation, Truffles, the great Indian Thali, Little Italy, Anupam’s coast to coast, the hole in the wall are some of the many food joints at Koramangala that are highly recommended by several foodistas.

Multi-Speciality Hospitals

Apollo Spectra Hospitals, Apollo cradle, Fortis, Acura specialty hospital, Hosmat hospital, Beams are amongst many well established hospitals in locality.