How good is to invest in this area?

Q: Hi people, I am new to real estate. I found few flats in Ramnagari i.e street exactly touching Shiva Temple, Murugeshpalya. Costs are reasonable. Flats of ground and 1st floor gets approx Rs 20,000 rentals. I just wanted to know how good is to invest at this area, and area's history.

-Fayaz Ahammad

Fayaz, Bangalore

29th October 2012

Investment Advice in Bangalore

is it ok to invest at ramnagari @ murugeshpalya

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Hello Vasanth, Thanks for inputs. I have one more doubt, I heard that these lands were given by government in 1990's (approx) to help poor. So I am more worried about litications and illegal acts after investment. PLease correct if I am wrong and suggest me like what all docs can help me to clear my doubts.

Fayaz, Bangalore

29th October 2012

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Hi Fayaz, the area is good.. It is located on Old Airport road, just next to HAL.. Total mall is next to it.. I hope the rent is reasonable for that location.. but check on other factors- water supply, maintenance, etc.

Vasanth,

29th October 2012

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