Investing in luxury projects

Q: What are the things we should keep in mind before investing in luxury projects in Bangalore?

Tej Sharma, Bangalore

23rd April 2014

Real estate News in Bangalore

luxury projects in bangalore

luxury apartments in bangalore

luxury homes in bangalore

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Replies (4)

Compare worthiness of ur selected project with other projects available... compare terms like amenities, locality and price factor...

teja, Bangalore

24th April 2014

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@teja, have you booked any luxury apartment. If yes please share your views. This is the first time I am planning to invest so bit worried.

Tej Sharma, Bangalore

30th April 2014

The average cost of luxury offerings range from Rs 6- Rs 16 Crore. Price on luxury apartments is likely to vary and may depend on the degree of personalized services and size of the amenities.

James, Bangalore

24th April 2014

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With real estate developers raising the bar for luxury units bit by bit, Bangalore is soon to re-define itself as the hub of super premium homes. On buying a super luxury apartment or villa in Bangalore, a buyer is thrown open to a number of exclusive amenities which does the trick for an investor or an end-user. Such amenities may include- completely air conditioned accommodation, private temperature-controlled swimming pool, elevator, backdrop, service staff, private garden, private gym, choice of green-view and helipad etc.

Vasanth,

24th April 2014

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Which are the localities in Bangalore having good demand for luxury homes? What is the price range?

Tej Sharma, Bangalore

24th April 2014

Central Business District (CBD) of Bangalore has always been a preferred choice for luxury lovers. In North Bangalore, areas such as Devanhalli and Hebbal are also witnessing construction of many luxury projects such as Prestige Golfshire, Embassy Boulevard and Embassy Lake Terraces among others.

Vasanth,

24th April 2014

Things need to be checked before investing in luxury projects in Bangalore are: 1) track record of the builder: You have to check the credentials, amenities giving in the project, features and location of the project. 2) not always long term: It is not always that luxury projects are long term. 3) Project details: how many units are there in the project, number of floors, other project coming up in the surrounding area etc. 4) Its easy to buy a luxury apartment for one time but at the same time the maintenance cost are also really high.

Sagar Prasad, Bangalore

24th April 2014

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