REAL ESTATE
Davangere being an important tier 2 city in Bangalore-Mumbai infrastructure corridor has seen very high growth in the last 5 years. With the new initiatives taken up by the present government along with the push by investdavangere.com team will result in the following:
Need for high-end villas and ready to occupy homes
Need for budget housings and apartments
Need for 2-star, 3-star and 4-star hotels
Need for 2-3 high end malls in the next 3-4 yrs.
Good quality plots at a reasonable price are available for custom building of houses.
2000 acres for industrial park has been announced by the present govt. Opportunity to build commercial and industrial establishments.
100 acres of land has been sanctioned for education purpose. Opportunities for construction of educational institutions will rise
50 acres allotted for textile and garment sector
3 acres for STPI has been announced by the government
Increase demand for commercial space such as, retail, software, BPOs, banking, hospitality and other service sectors
Opportunity for construction of a new airport
Opportunity for establishing an amusement park