Latest Answer: As you are planning to invest in real estate in Bangalore,investment in commercial property will be a good idea as it is associated with high rental returns and capital appreciation. Areas like Whitefield, Kormangala, Yelahanka are seeing high capital appreciation in the recent years.These areas are the most sought after places for any investment in Bangalore now.
Latest Answer: The price per sq. ft is Rs 4200 in the Jan-Mar 2013 quarter. The rental demand has kept the locality among one of the top localities in the city.
Latest Answer: Builders are not making 1BHK apartments due to high cost of land, which is about Rs 3,000-5,000 per sq ft. For developers to build 1BHK in a range for Rs 20 to 23 lakhs in Marathahalli and Kundalahalli, even with only basic necessities, is not profitable.
Latest Answer: The oversupply has not led to a reduction in property prices in Bangalore. Though not as high as NCR and Mumbai, prices in Bangalore have risen steadily since 2008-09. Even builders have made little effort to lower the prices
Latest Answer: The concept of high rises came into being after the change in the CDP ( City Development Plan) in the last five years that allows the developers to go vertical. Developers are fast catching on to the trend as the city’s by law allow for high rises.Bangalore might be getting a Manhattan makeover. The high rises are getting taller but the builders should thoroughly check on safety measures on those kind of projects