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Real Estate Forum on Rising Property Rates

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Q: I heard that the rates of the property in Bangalore is touching the sky as I was planning for buying a property in the city, what is the reason that the rates of the property is going so high,is that because of the new add ons in our life?
Latest Answer: Hi, I also reside in Bangalore and the price of the property in Bangalore near the metro is getting hiked and the number of property buyer are decreasing because the properties near the metro demands high rates, now the rates of the property near Whitefield, M.G. Road, Electronic City and Byappanahalli will hike by 15% to 20% and also the property near Mysore road and Kanakapura will also increase the rates as the metro line is expanding that side of the city also.
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