Q: i am thinking to buy a flat in malibu jasmine. as it will get completed by next year 2016..i want to know the rentals near varthur sub register office.for newly constructed 2bhk flat for families and job holders bachelors.?presrnty how much cost is there nearby.
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It is an ongoing project and the expected possession date is by October 2016. Malibu Jasmine will have 56 flats. The project has got approval from BBMP and banks like SBI, HDFC and LIC Housing Ltd. both the project and locality seems to be good.
The rental value for a 2 bhk will in and around Varthur Rs 10,000. The rental value also depend on the type of apartment you are offering, connectivity, amenities offered, locality etc.
Varthur is developing as a favoured residential destination by the IT people due to the competitive pricing. Presently, the road acts as a corridor to the preferred residential and commercial markets in Whitefield, Old Airport and Sarjapur ORR. Varthur has gained the momentum when the demand for residential property in Whitefield ler developers to look for land in the neighborhood at relatively lower rates.Right now a lot of development happening off the main road.