BUILDING IN SINGASANDRA

Q: I HAVE PLANNED TO BUILD A MULTIPURPOSE BUILDING WAREHOUSE/GODOWN/FACTORY IN SINGASANDRA AREA WHERE IT IS SURROUNDED BY FACTORIES/GODOWNS I HAVE PLANNED TO BUILT G+3 IN 4000 SQFT AREA WHETHER IT IS WISE TO INVEST? WHAT WILL BE THE RENT EXPECTED? PLEASE ADVICE

SHIVAKUMAR, Apartment Resident

31st March 2013

Investment Advice in Bangalore

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THANKS ONCE AGAIN, YES THE PLOT IS OWNED BY ME FROM THE 90's SO THIS IDEA WAS FOR A GOOD SOURCE OF RETURNS REGULARY IF THIS PROPOSAL WILL WORKS THE ADJACENT BUILDINGS ARE GODOWNS/FACTORIES ETC., DOING SIMILAR.

AS FOR RESIDENTIAL PROJECT THE LANE OF THIS PLOT DOES NOT HAVE ANY RESIDENTIAL BUILDINGS [IT IS NOT A GOVERNMENT APPROVED INDUSTRIAL AREA] THE RESIDENTIAL PROJECT WILL NOT FIND GOOD RETURNS AND THE INVESTMENT TO BUILD WILL COST MORE.

ANY MORE SUGGESTIONS, VALUABLE FEED BACKS PLEASE.

SHIVAKUMAR, Apartment Resident

10th April 2013

Comment

Shivkumar, Balaji is right.. And how about building residential project there? Is it allowed to build residential building there or is it an industrial area?

Dharmesh Shukla, Bangalore

10th April 2013

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So it is in off Hosur Road.. are you planning to rent a plot and build godown on it and rent it out to factories? Or do u already own plot there? If u have a own plot, then this idea is good.. if u have to rent then it is not worth I think..

Balaji, Bangalore

10th April 2013

Comment

THANKS Dharmesh Shukla Sir, It is situated on Bangalore HOSUR Main ROAD, AFTER BOMMANAHALLI & KUDLU GATE NEAR TO LIVE 100 HOSPITAL ON SERVICE ROAD, OR BEFORE MANIPAL COUNTY ROAD OR OPP TO. HOTEL KEYS. UR VALUABLE FEEDBACK IS EXPECTED

SHIVAKUMAR, Apartment Resident

10th April 2013

Comment

Hi Shivakumar, if I am not wrong there are many Singasandra's in Bangalore.. Can you please tell me which one are u referring to? Where is it located exactly?

Dharmesh Shukla, Bangalore

9th April 2013

Comment

If you are planning to give it for rent, you can expect Rs 15 per square feet (Rs 60,000)approx. But before building to have to check with the local authorities.

Navneet Gupta, Bangalore

1st April 2013

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