Decision of buying property in Bangalore

Q: Is it advisable to buy a property in Bangalore in next six months?

Puneet Laskar,

7th May 2015

Real estate News in Bangalore

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buying property in bangalore

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Replies (8)

How is the idea of investing in real estate at this point of time? I am looking for feedback and advises.

Gaurang, Bangalore

19th October 2015

Comment

If you are planning to make investment now in Bangalore real estate than it is a good time as festive season is going and developers are trying to lure home buyers ahead of the festive season with discount offers, freebies etc.

Karthik Deshmukh, Bangalore

19th October 2015

Please help me out with some good localities that will fetch me good rentals and capital appreciation.

Gaurang, Bangalore

20th October 2015

Benson Town: It is strategically located to not just Majestic but central business district of MG Road. The rental value ranges from Rs 8,000 to Rs 2 lakhs per month depending on the size of the apartment you are looking for. Capital values falls in the bracket of Rs 60 lakh to Rs 5 crore for apartments in the size range of 1000-4000 sq ft.

Indiranagar: The price of apartment in this locality ranges from Rs 1.5 lakhs to Rs 6 lakhs approximately and tenants are paying rents in between Rs 35,000 to Rs 70,000 per month.

Adugodi: This area witnesses good rental incomes because of close proximity to educational institutions. The rent of apartment ranges from Rs 5000 to Rs 30000 per month. Capital values are in the range of Rs 45 lakh to Rs 1 crore depending on the size of unit you are looking for.

Saran,

20th October 2015

The above mentioned localities are really doing good in terms of rental market. You can also look for localities like Richmond Town, Banashankari and Kalasipalayam.

Rajiv,

21st October 2015

I think the real estate is losing its title as the most-preferred asset among Indians. I could hardly see people investing in real estate. What could be the reason?

Puneet Laskar,

29th May 2015

Comment

True Puneet. The main reason is the delay in possession. earlier home buyers use to invest at the pre launch stage now that number has also decrease. Another major issue is affordability.

Dwarkesh,

29th May 2015

It seems there has been 50% rise in the unsold housing inventory between June 2012 and December 2014. According to a real estate firm, in top six cities which includes Bangalore, Chennai, Hyderabad, Mumbai Metropolitan Region (MMR), Delhi-National Capital Region (Delhi-NCR) and Pune have nearly seven lakh unsold units

Lokesh Patwa,

29th May 2015

Comment

Property price in Bangalore went up by 1 percent but these day the average price of a property is way beyond to what people can afford.

Nikita Kapur, Bangalore

27th May 2015

Comment

Obviously, it is as Bangalore is one of the IT Hub industrial area in INDIA, you should have a property in that city. As in the second half of the calender year. PURAVANKARA projects, best in infrastructure and at an affordable prices and in the best locations in the garden city of Bangalore.

dilsha, Chennai

13th May 2015

Comment

Capital values saw marginal appreciation, with the highest being seen in areas like Hosur Road (4.3%), Whitefield (3.7%) and Kanakapura Road (3.4%)

Currently the maximum residential project development taking place in the city is in Whitefield (West) and JP Nagar, Kanakpura Road, Hosur Road, Sarjapur Road and Bannerghatta Road in the south.

Puneet Laskar,

8th May 2015

Comment

You are right Mr.Puneet Laskar, I don't think that people lost interest in investing in real estate as the number of launched project is increasing day by day.If there is less demand in investmentment,then builder won;t launch new residential projects.I came across some projects in whitefiled and kanakapura road
1.Prestige Boulevard,Whitefield -http://www.prestigeboulevard.net/
2.Prestige Lakeridge,Kanakapura Road -http://www.prestigelakeridgebangalore.net/
3.Godrej Eternity,Kanakapura road-http://www.godrejkanakapuraroad.com/

Roni, Bangalore

16th March 2016

Suggest localities for people who are looking for budget homes with price trends and also share few localities for investment purpose.

Puneet Laskar,

7th May 2015

Comment

Home buyers looking for budget homes, Mysore Road can be a good option. The area has witnessed affordable housing projects launches so far, has a price range of Rs 3,050-4,500/sq.ft.

Whitefield and other parts of South Bangalore can be a good option for investors planning to buy a villa, but those who are interested to buy a plot can look at locations along Bellary Road all the way up to Yellahanka Dhoddaballapur in North Bangalore.

Dwarkesh,

8th May 2015

Bangalore real estate market has seen two significant move in the first quarter of 2015, an increase in new launches as well as a rise in the net absorption of units. Home buyers who are planning to buy a home in next six months can definitely go ahead with their decisions

Dwarkesh,

7th May 2015

Comment

Hi Dwarkesh, As per my knowledge, Bangalore real estate is still not very seller-driven. People who are planning to buy property for end use purpose can wait for some time and try to negotiate in upcoming locations.

Saran,

7th May 2015