Tuesday, July 22, 2014

Bangalore Witnesses the Growth of Service Apartments

The buzzing IT destination and the well-known Silicon Valley of India is growing and progressing in almost all verticals. The development of IT industries and sectors across Bangalore has resulted in the development of a number of service apartments in the city. As the IT sector demands frequent on site and off site work schedules a number of IT professionals are flying and out of the Country for a month or two.

Many of these service apartments are visited by the business travelers of many software industries and BPO Sector. This demand is also increased by a number of IT and ITES, Businessmen and leisure travelers and also those medical tourists who are visiting India for certain medical treatments. Where ever in the IT companies are concentrated there is a huge requirement for the service apartments and also the PG Accommodation.

These days many of the high investing professionals are investing in service apartments which are furnished fully and are supplied with all comforts and amenities of home. As per the present scenario the service apartments are progressively most preferred choice of those who are looking for a home away from home.

These service apartments are a comfort deal as they help in avoiding tiresome transactions required to lease a flat or an apartment. Bangalore has an array of service apartments which are luxurious and fully furnished with all amenities of top class quality. These service apartments are located almost in every location like Koramangala, Indira Nagar, JP Nagar, Sarjapur Road, Hosur Road, Airport Road and many other prime locations. There has been a 90% occupancy rate witnessed by the service apartments in Bangalore. Bangalore city has also witnessed around 51% of foreign travelers visiting India this also has simultaneously increased the demand for affordable housing in the IT Hub. Many of the realty developers are offering service apartments and providing prolonged stay housing.

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