Q: Hi, I've seen a 2bhk flat in Sradhaa Palmera (Panathur, near bellandur) today (26-06-2016) and the owner told me about 70 lakhs for 1140 sq. Feet. But I'm not sure, whether is it worth to buy for such a huge amount in the locality. Could you please help me to understand and advise please??
Rs 70 lakhs for 1.5 bhk seems to be quite expensive. You can get a 3 bhk with built up area 1787 sqft in Viceroy Boulevard Phase II for Rs 67 lakhs, 2 bhk for Rs 70 lakhs in Bren Spencerwith built up area 1262 sqft and 2 bhk in Isha Casablanca with carpet area of 900 sqft for Rs 64 lakhs.
Located in south eastern part of Bangalore, Marathahalli lies adjacent to the old airport on HAL. It has Doddenakundi to its north, Kundalahalli and Brookefield to its east and Kadubeesanahalli on the south. When the IT industry in Bengaluru exploded, Marathahalli was transformed overnight into a self-sufficient region. Interestingly, the locality is a residential, commercial as well as an industrial hotspot of Bengaluru. advantage of the realty market in Marathahalli is its proximity to the Outer Ring Road. The Outer Ring Road connects different parts of the city instantly and it is an added advantage to be living close to it, as it brings down the commuting time considerably. So I feel rs 70 lakhs for 1140 sqft is fair enough.
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