Second home in Bangalore

Q: One of my friend is planning to buy a second home in Bangalore. What are the steps he should keep in mind before buying the second home?

Gajendra V, Bangalore

7th November 2013

Buying property in Bangalore

home buyers

properties in bangalore

second homes in bangalore

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Replies (5)

What all should I check before investing in a second home?

Gaurang, Bangalore

2nd November 2015

Comment

If you are planning to invest in second home, buyers should first check the locations where they can find a tenant easily and where the rental values are high, mainly around the IT belts of the city.

Kailesh, Bangalore

2nd November 2015

Which all localities in Bangalore have witnesses good demand for second home and how much rental value can be expected?

Gaurang, Bangalore

3rd November 2015

Some of the preferred areas for second homes are Whitefield, Marathahalli, Electronics City, Sarjapur Road and Bannerghatta Road. In the above said locations, the price of 2 bhk units rages from Rs 18,000-26,000 per month. For a three-bedroom option, the range can be Rs 25,000-40,000 per month, The price quoted may differes depending on the size of the unit, amenities offered and the builder.

Kailesh, Bangalore

3rd November 2015

Kindly revert back to our email with contact number we will call and discuss and offer accordingly.... This is one of the best places to buy a second home email rapidrealtyindia@yahoo.com/9483427861

14th December 2013

Comment

Is it a good idea to invest in a second home or there is risky in that?

Gajendra V, Bangalore

7th November 2013

Comment

Investing in real estate for the second time can be a risky take for a young property buyer

Milind, Bangalore

7th November 2013

According to experts, more than 80% of the soft launches in the city constitute of this category and the buyers mostly range from senior or C-Level personnel to businessmen, who purchase the properties with an eye for profit on resale. With time, the community of second home property purchasers in the city is becoming more firm with buyers aging between 27-40 years.

Ramesh Reddy, Bangalore

7th November 2013

Comment

Can you tell me some of the second home destinations in India?

Gajendra V, Bangalore

7th November 2013

Some of the second home destinations in India are Bangalore, Shimla, Kasauli, Dehradun, Mussoorie, Ramgarh, Mukteshwar (near Delhi) and Alibag, Lonavala, Goa (near Mumbai). Haridwar, Vrindawan, Mathura, etc make desirable destination for religious-minded people.

Joydeep D,

7th November 2013

Riding on the back of steady growth, the real estate market in Bangalore has been soaring high and has borne witness to a steep rise in the number of second home buyers in the city. With other areas of investment proving to be a flash in the pan, the Bangalore’s residential market has experienced a sudden surge in the number of second home buyers.

Bhaskaran, Bangalore

7th November 2013

Comment

According to realtors, there are some do’s and don’ts to watch out for, in order to buy a good property in the present real estate market of the city. Such points include:
Avoid future assumptions
Buy from a reputed developer
Existence of core-business localities
Focus on the ticket size
Good project designs increases the resale value

Milind, Bangalore

7th November 2013