IT People in Bangalore Preferring to Rent a Villa?

The high living standards and affluent lifestyle of a large number of the IT employees have caused a major shift in the property market in Bangalore. Luxury living in opulent villas is preferred by most IT people in the silicone city. While buying a villa is not an option for many, renting of luxury villas is on an increase. Realizing the potential this sector holds, developers are also focusing on villa projects to meet the requirements of all segments of clients. 

Benefits of villas

One of the attractions of living in villas is the element of privacy and the feeling of having an independent home. Apartments fail to meet these requirements. A gated community living together in separate houses is almost like living in a residential colony. Each villa has its own compound and garden, allowing more personal space for each resident. Most of the requirements of modern living like health clubs, swimming pools, leisure parks, etc. are met within the gated environs of the villas. Another benefit of opting for a villa in Bangalore is the location say experts at Property.Sulekha.com. A great number of villa projects are located within easy access of the IT hubs in the city, making commuting to work easier.

Buying v/s renting

Though buying a villa is a good investment, most IT people prefer to rent a villa than owning one. One major reason for this trend is the job-hopping in the IT field. Sticking to one company till you retire was the rule of the past. Today, professionals aspire to explore wider opportunities and lucrative offers. Sometimes when this job-hopping happens, the new company could be located far away from the current residential facility. Since commuting is a major issue in Bangalore, most people prefer to live in proximity to the workplace. If you have a rented villa, it is easier to shift to another one near the new office. This has encouraged builders and property owners to offer villas for rent in Bangalore. 

As more and more IT companies come to Bangalore, more job opportunities are created leading to a rise in the employee base. Since the tech population has more spending power, the demand for posh residential facilities also increases. Even though luxury apartments can provide all the top-end amenities, villas hold the attraction of freedom and space along with world-class facilities. These days, villas of various international design and architectural styles are available to meet the expectations of opulence by the IT people.