Q: dear sir, please suggest which is the best ongoing reputed project in Bangalore to invest (upto 40 lakhs) which will give best appreciation.also please suggest about any villa plots/plots with A khatta which will be a wise investment.
In Rs 40 lakhs budget you will get fully loaded 2bhk apartment in Phase I where as in the same budget you can get a fully loaded 3 bhk in Phase II. The price trends in Electronic city Phase I ranges from Rs 4000 to Rs 5000. Once Neomall, Hiranandani mall which is coming up near Wipro office and Metro comes in, I think the rates are bound to shoot up whereas the price trends in Electronic City Phase II falls in the bracket of Rs 3000 to Rs 3500.
East Bangalore has managed to pull itself off into a matured residential market with time. Prominent IT parks, well-disposed demographics, reasonable rate of plots and towering employment opportunities are the key aspects which has given the real estate investments in East Bangalore a significant facelift. If you are investing in Bangalore east then you can expect good return in future.
Provident WelWorth City in Doddaballapur Road, Kolte Patil Raaga in Hennur Road,Ozone Urbana Township in Devanahalli and Ozone Urbana in Devanahalli are some of the ongoing projects in North Bangalore that suits your budget.
The improved infrastructure, developing social infrastructure, planned commercial developments, proximity to the international airport and enhanced connectivity have resulted in north Bangalore grabbing more of the limelight.