Planning to buy a property in Kanakpura Road

Q: Hi!! I was thinking of buy a property in Bangalore and I have short listed Kanakpura Road. The rate quoted by the builder is less compare to other project in the locality. Can anyone help me how do I evaluate the builder

Gaurang, Bangalore

3rd November 2014

Buying property in Kanakapura Road, Bangalore

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Replies (3)

The prices on Kanakapura Road have been witnessing various ups and downs. In the July-Sep quarter of 2013, the locality price depreciated to Rs 3786 per sq. ft. In the Oct-Dec quarter of 2013, the locality price depreciated to Rs 3800 per sq. ft. In the Jan-Mar quarter of 2014, the locality price appreciated to Rs 3801 per sq. ft. In the April – June quarter of 2014, the locality price appreciated to Rs 4152 per sq. ft.

The area enjoys good demand due its proximity to important centres of the city and beyond. The price appreciation of this locality in the future might be very good.

Projects in Kanakpura Road are as follows: Prestige Falcon City, Brigade Meadows, Concorde Napa Valley, Sobha Forest View, Century Central, Shivaganga Splendour and Rainbow Kishore Glendale

Sachin bhatt, Bangalore

4th November 2014

Comment

What is the current price trends going on in Kanakpura locality? Please provide names of some good projects in this area.

Gaurang, Bangalore

4th November 2014

Comment

I would suggest you to check the profile of the builder, his past records, project deliveries, approvals from banks and local bodies etc. Also check if the project is rated by a credit rated agency. You can hire a legal expert to get all the clarifications

Sachin bhatt, Bangalore

3rd November 2014

Comment

Thanks a ton Sachin, Can you provide me some feed back about the locality as well if you have any knowledge?

Gaurang, Bangalore

3rd November 2014

Kanakapura Road, once a green jungle, has today emerged as a prime locality in Bangalore which has undergone a rapid change. The locality is specially known for its lush green open spaces tucked with several lakes. And its cultural, educational and spiritual nature has ensured it a good catch on the Bangalore realty radar.

Darshan Shetty, Bangalore

3rd November 2014