May 10, 2015 at 5:54 pm #88
May 21, 2015 at 7:31 am #141
it all depends on your budget and also on 2 factors ie if you are raising a loan or its hard cash ur sitting on
Let me tel u I see lot of this dick head IT company chaps investing by taking loan …… Which is crap .
Let me again remind you it is very rare senario where u raise a loan to buy a property and u make some profits after paying interest to the bank then u have transfer charges to the developer and brokerage .
I have been a Realestate broker in bangalore from last 10 years . my personal suggestion is 1st understand ur ticket size or budget this will help you choose a location accordingly .
Buy property in resale market not from the developer directly
If its pure investment look for a good brand and properties near to office spaces
Don’t invest in projects such as Bharatiya city or any huge developments as the delivery and compeletion is at infinity …….and unknown
Always check who is funding the project like FDI or hdfc Realestate fund or any
May 21, 2015 at 7:32 am #142
One of the better choices would be to invest in areas around Hoskote.
1. Relatively low cost and hence helps get better returns. Around 2000 per sq ft.
2. 6 lane express connecting Bangalore city.
3. Satellite town allocation from central government.
4. Just 20 mins drive to ITPL/Whitefield/KR Puram.
5. Lot of upcoming new projects by top realestate companies.
If you are purely looking from investment perspective it might be a good choice.
Some cons –
1. Quite far from center of city – 26 kms. But express highway helps.
2. No Kaveri water.
3. Hoskote and areas after are in Bangalore Rural district. Hence not under BBMP.
May 21, 2015 at 7:34 am #143
Obviously northern Bangalore has large development when compared with the other areas. But, if it is an investment purpose then it is advisable to go on with the specified area. But, if you are investing on a property for your own purpose like for building your own home or any building then consider the developments and other improvements.
May 21, 2015 at 7:35 am #144
I personally feel Whitefield and Sarjapur are good investments. So is KR Puam. Good scope for development, lots of IT companies around – good rental value, facilities, amentities. Invest in the Sanvi porject by Sowparnika ; it is showing a great promise for development scope. You will reap rich rewards.
May 21, 2015 at 7:37 am #145
Hennur: Hennur is located in the northern extremes of the city and coming up as a popular residential destination in Bangalore. This Hennur cross directly links the International Airport and this has elicited high property returns from the past few months. Hennur Road is planned to be extended to a four lane highway for cargo road to the Bangalore International Airport. As per today’s limitations, it will surely develop from infrastructure sides. The locality witnesses a higher supply of properties with cost ranging around 80 lakhs to 1 crore.
With the accessibility of the Luxury properties Hennur Road commands a high prices than compared with Hennur. Real estate Property development, a few minutes’ drive from the Bangalore city centre and vicinity to the Airport is expected to give better returns on the coming years. Due to the proposed infrastructure the prices are also expected to rise by 15-20 % in the coming years.
Indira Nagar: Indira Nagar is a neighbor hood locality of east Bangalore showing the maximum appreciation of capital prices. It is fulfilled with residential and commercial developments. Indira Nagar has an added value of its geographical location. This is surrounded with prime locations like vimanapura on the east, Ulsoor on the west, Byappanahalli on the north and dommlur on the south. This is an advantageous area which promises the high returns in investment. Indira nagar is preferred as a residential locality, because it is equipped with all the basic amenities like schools, colleges, temples, gardens, shopping malls etc…It also houses a good infrastructure with elegant buildings. Indira Nagar has well established schools, hospitals and all the facilities within a reach of residential area which makes Indira nagar as a top area for best returns. This area has given a 375 percent returns on property investment from 2005. Indira Nagar has a metro transit system for internal traffic. In future we can notice Indira Nagar as a replica of the Bangalore metropolitan city which is above to call as a Mini Bangalore.
KR Puram: KR Puram is also called as Krishnarajapuram which is the head quarters of Bangalore East. This area houses a large number of government offices and is located at the junction of Old Madras road and outer ring road on the National Highway 75. This locality has good connectivity with prime locations. Closeness to the IT Hub of Whitefield and Manyatha Tech Park makes the locality as a desired residential destination for IT professionals. This gives better returns to investment. The Bajyappanahalli metro station is just a few kms away from the destination. The proposed Peripheral Ring road widening will improve a good connectivity with other places.
Narasapura: Narasapura is a place located in Kolar district with 65 kms away from IT city. According to the present scenario, After Gujarat, Chennai and Pune Narasapura will be the major hub with all the equipments. It is very close to Bangalore International Airport and active IT suburb Whitefield. The Karnataka Industrial development board has allotted 685 acres of industrial land for development this results future change. Due to this, plots expected prices are being to touch Rs 900 per sq ft by next year. Honda motorcycle, Swedish truck maker, Mahindra aerospace and other 22 companies have already acquired land in Narasapura.
September 15, 2016 at 9:43 am #171
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