Bangalore for their ancient times was shining as the stars by the well famous name of Silicon Valley in India, Which represents all the sides of Bangalore’s position, weather it was historical, financial and related to real estate. In the turf of Bangalore property, IT (information technology) companies of international status from the whole world have fixed the centers in the city and builders are achieving a golden time catering to their various types of requirements.

The IT field as an appearance of commercial real estate, in took special substantial burnt of the immediate recession, but things have backed to almost simply again ending whatever the Bangalore property area have during the recessionary period. With the unparalleled increment of the IT sector in the Karnataka capital, the demand has increased for both type of commercial and residential real estate for leading in to existence of Bangalore real estate, in the destination of the city and its near able area. The magic grow of commercial space is totally fetched by the large number of companies establishment in the field of Bangalore real estate which shook the root of residential area and make that live able.

These stories may be exaggerated a little but it is true that real estate values around Bangalore have shot off the charts since 1991. Land on the outskirts of Bangalore that was selling for US $0.10 per square foot rose to $2.00 per sq. ft. Prices started to drop in 1995 and are now beginning to show gains again. Real estate investors and real estate developers in Bangalore have been on a wild ride.

Of course, much of the rise in real estate values can be attributed to speculation but some of it has to do with solid market factors. First of all, prior to 1991, India was more or less a closed economy. It was next to impossible to find a Coke or Pepsi in India. Once the government changed the rules in 1991 the doors began to open. The market economy kicked in.

Secondly, the global Non Resident Indian (NRI) population got involved in investing in India. Those global readers of this article who don't know a wealthy Indian are an exception. America has over 3 million NRIs, most of them are doctors, scientists, software engineers and other professionals. NRIs are in almost every country in the world; England, South Africa, Germany and especially the Gulf countries.

On a tour of Kerala, India it is easy to spot the homes of those Indians who are working as professionals in Gulf countries. Their homes are large and often empty. Empty because the owner is still working in the Gulf. He has made his investment back in India by building a large house. Since he is often motivated by the need for security, owning land and a house back in his home country provides that security.

These NRIs also find Bangalore to be a good place to invest in real estate. Any Indian anywhere in the world knows that Bangalore is a rapidly-growing city and one of the high tech centers in Indian. They know the reputation that Bangalore has for software development and other technology-related industries.

Finally, population pressure places a great demand on Bangalore real estate. Imagine India has a growing population of almost 1,000,000,000 people and only a finite amount of land. Thirty years ago, Bangalore was a city of only 300,000. Now Bangalore has about 5 million people. Villagers as well as professionals from other major cities have migrated to Bangalore seeking job opportunities as well as good living.