The Use of Drones in Real Estate Development

Aerial photography is no newbie to the real estate industry. Real estate agents and property owners have used aerial photography and videography to show their properties in captivating ways for decades. And while helicopters have been used in the past to deliver stunning aerial footage of real estate and commercial properties, drones are able to give you shots from angles and heights not possible using a helicopter. Drones are able to give take photographs and videos that are high quality, affordable and are comparable to the footage you see in Hollywood.Drones are a very convenient option when it comes to shooting in a populated area. Drones are better than small planes because they are able to give you photos that are cost effective. Also, drones can be maneuvered more easily as compared to that of small planes in areas that are populated. And drones take much less time and resources to capture the footage.There are many real estate property dealers who are interested in buying high property and need to look at the property before buying it. It is going to be a long and tedious journey if the whole property is to be looked in person. It is here that the drones can be used for the convenience of the buyer as well as the seller.The sellers can be shown the whole property in the palm of their hands by shooting all the locations of the property with the help of the drone. The advantages of the use of drones in viewing the property for the purpose of investing are many, including:· Each and every portion of the property can be viewed· The various problems associated with the property can be ascertained· The seller need not waste their precious time in viewing each and every property in person· It becomes easier to compare two or more properties at the same time· Any problems can be discussed with the seller at the beginning of the deal· The buyers find the property more attractive if it has been shot using drones.Drones offer a convenient as well as cost effective way of shooting a property as well as showing it to the potential investors. Drone pilots can be conveniently hired to make these stunning videos which can then be used for bringing in more buyers. Also, a drone pilot can be hired for a day to show live video footage of the property captured by the drone flying over it for those clients who show their interest in buying the property.Whether it is a high rise building or a large stretch of land, all this and much more can be made visible to potential buyers in a very short span of time by the use of a UAV. People who want to invest in high-rise buildings need not give a lot of their precious time in viewing the property from different angles. They can rather make use of the drone videos to get the real feel of the property they want to buy. You can even get a view from the window or the balcony of the apartment or the pent house you are planning on buying without having to go up there in person.

Booming Real Estate Sector in Bangalore

Bangalore, the Silicon Valley of India, is the capital of Karnataka and a major economic hub of India. It is India’s fifth largest city and still growing at a rapid pace. This metro is rich in IT and software companies, telecommunication firms and other industries as well as in educational institutes, research colleges, etc. This has opened avenues for many real estate developers to build residential and commercial properties across the city.Also, the population of Bangalore has increased by 35% in last seven years and is estimated to near 10 million in next two years. It is primarily because of the boom in IT sector resulting in economy’s swift growth thus inviting job seekers from all over the country. This large scale migration has raised the need for residential complexes and housing facilities. Many leading real estate developers have now been fast developing the infrastructure in Bangalore and coming up with residential, commercial and industrial structures. The east of the city has especially been immensely developed with uplifting of the areas like Marathahalli, K.R. Puram, Sarjapur, Bannerghatta Road, J.P. Nagar, Kanakapura Road and Jayanagar.The youth culture, lucrative job opportunities and contemporary infrastructure of Bangalore makes it one of the most sought after destinations. In the phase of economic slowdown, prices of property have reduced and all the attractions added to this make it perfect to buy property in Bangalore. To bolster the demand in real estate sector, property developers are imparting discounts and freebies on buying or booking a flat. Moreover, not many people are investing in property due to slump in economy and deferring purchases making property sellers further drop the prices. One may not get the property at such low rates again as soon as economy bounces back.According to a report by the retail estate research firm, Cushman & Wakefield, Bangalore is the top real estate destination for commercial and industrial sectors. It has become third preference for residential and hospitality sectors in India for real estate investment. The report reinforces the result by adding that Bangalore may witness the demand of 34 million sq. ft. for office space in the next three years.In fact, all the property developers have commenced with their plans of expansion in Bengaluru for growing residential and commercial needs. Latest reports suggest a revival of demand in commercial real estate by corporates and multinationals after the near exit of economic slowdown. It and ITes industries are considering expansion plans and evaluating opportunities available in Bangalore property market.In today’s time, the developments in real estate sector are targeted at middle and upper middle segments. Property developers believe them to be genuine buyers and not investors looking for reputed brands. Prices had hit rock bottom last year due to slackening demand of property but according to sources it will not reduce any further now as these segments hold huge potential. Real estate builders are now developing projects for both high-end and upper middle class segments. The property market of Bangalore is expected to be vibrant by the middle of this year by most of the real estate developers.Unity Realty of Unity Infraprojects is putting in hundreds of crores to develop a mixed use housing project in Bengaluru.
Another real estate honcho, Sunil Mantri Group is planning to invest Rs 250 crores in building an integrated housing project in the city. This complex would feature 500 apartments fully equipped with all the modern amenities. They aim at creating exclusive lifestyles in natural surroundings at affordable prices.
Shriram Developers has already completed few projects in Bangalore and is now engaged in developing residential spaces across the city.With the slated departure of recession and the large scale real estate developments in Bangalore, it is just the perfect time to buy property in Bangalore.