Q:
What is the current rate of apartment in Begur Road? Which developer is best in that area?
My replies to this discussion
Begur road has witnessed many residential launches by reputed builders such as SNN Group, Artha Group and DLF. Developers, who have launched their projects at Rs 3,000-3,300 per sq ft, are now retailing at more than Rs 4,500 per sq ft.Begur road has witnessed many residential launches by reputed builders such as SNN Group, Artha Group and DLF. Developers, who have launched their projects at Rs 3,000-3,300 per sq ft, are now retailing at more than Rs 4,500 per sq ft.
Q:
How is the demand for high end villas in bangalore? Is there a drop in the demand?
My replies to this discussion
A city based advisory firm told that the corporates are moving to bigger rented apartments rather than high end villas, due to which the rental values declined by 30 percent. At present, Bangalore has approximately 1.5 lakh ready-to occupy housing units from reputed real estate developers with the split between apartments to villas being 80:20. Since Bangalore is an end user market, the supply of rented units would be around 20 percentA city based advisory firm told that the corporates are moving to bigger rented apartments rather than high end villas, due to which the rental values declined by 30 percent. At present, Bangalore has approximately 1.5 lakh ready-to occupy housing units from reputed real estate developers with the split between apartments to villas being 80:20. Since Bangalore is an end user market, the supply of rented units would be around 20 percent
Q:
I am planning to invest in Airport road so need some idea how good is the area for investment purpose?
My replies to this discussion
The demand for residential properties on Airport road is increasing because of the presence of IT companies in this area. Many IT companies are hiring people which has led to a large market for 2 and 3 BHK apartments. The 2 BHK apartments have received the maximum demand as majority of these buyers being young and coming from the middle income segment. The demand for 2 BHK in these areas is around 60 percent and 40 percent for 3 and 4 BHK apartments.The demand for residential properties on Airport road is increasing because of the presence of IT companies in this area. Many IT companies are hiring people which has led to a large market for 2 and 3 BHK apartments. The 2 BHK apartments have received the maximum demand as majority of these buyers being young and coming from the middle income segment. The demand for 2 BHK in these areas is around 60 percent and 40 percent for 3 and 4 BHK apartments.
Q:
What makes PCMC different and affordable?
My replies to this discussion
Property buyers’ maximum attention is drawn by the mid-end segment. Average properties with price range of Rs 30–70 lakh have been in notable demand. The demand for these kind of properties are from IT professionals, who wish to buy spacious apartments at an affordable price and wants to live away from hustle and bustle of the city.The fully integrated township projects like Woodsville and Celestial City by Pharande Spaces, River Residency by Ishwar Parmar Group and Vijay Laxmi and Topica from Om Developers have been successful in delivering affordable housing for the mid-income segment. These properties are available within a range of Rs 3,000-5,500 per sq ft depending on the size of the apartments.Property buyers’ maximum attention is drawn by the mid-end segment. Average properties with price range of Rs 30–70 lakh have been in notable demand. The demand for these kind of properties are from IT professionals, who wish to buy spacious apartments at an affordable price and wants to live away from hustle and bustle of the city.The fully integrated township projects like Woodsville and Celestial City by Pharande Spaces, River Residency by Ishwar Parmar Group and Vijay Laxmi and Topica from Om Developers have been successful in delivering affordable housing for the mid-income segment. These properties are available within a range of Rs 3,000-5,500 per sq ft depending on the size of the apartments.
Q:
How is KR Puram for investment purpose? Can we expect appreciation in future?
My replies to this discussion
The area is a mix of both old and new Bangalore. However the property price has gone up in last couple of years and it is expected to continue for some years. Some of the existing and upcoming projects include Silvana Villa Project, Prestige Tranquility Apartments,Sanctity villa project and Ombalaji Jasmines.The area is a mix of both old and new Bangalore. However the property price has gone up in last couple of years and it is expected to continue for some years. Some of the existing and upcoming projects include Silvana Villa Project, Prestige Tranquility Apartments,Sanctity villa project and Ombalaji Jasmines.
Q:
How is the water supply in Bangalore?
My replies to this discussion
Almost all the residential properties in Bangalore are depended on tankers. In its report in January 2010, the Agenda for Bengaluru Infrastructure and Development (ABIDe) Task Force suggested rejuvenating the lakes in the region as a part of Bangalore Water 2020 blueprint. It is also said that focus should be on recycling of water and a target should be set for the quality of water that can be supplied from lakes by 2012. The Integrated Water Management project may set 500MLD of water as the initial target.Almost all the residential properties in Bangalore are depended on tankers. In its report in January 2010, the Agenda for Bengaluru Infrastructure and Development (ABIDe) Task Force suggested rejuvenating the lakes in the region as a part of Bangalore Water 2020 blueprint. It is also said that focus should be on recycling of water and a target should be set for the quality of water that can be supplied from lakes by 2012. The Integrated Water Management project may set 500MLD of water as the initial target.
Q:
I heard that the residential real estate market is very much down and the builders are facing difficulty to sell them. How the builder are planning to solve the issue?
My replies to this discussion
Many real estate builders or developers are attracting customers by offering gold coin, silver Ganapati idols, free furnishing of homes, free parking, free club membership offers, waiver on registration charges and stamp duty, lucky draws, etc on booking. This is nothing but another marketing strategy to attract customers.Many real estate builders or developers are attracting customers by offering gold coin, silver Ganapati idols, free furnishing of homes, free parking, free club membership offers, waiver on registration charges and stamp duty, lucky draws, etc on booking. This is nothing but another marketing strategy to attract customers.
Q:
What is the status of rental market in Rajarajeshwari Nagar?
My replies to this discussion
Apart from this, the locality is just about 4-km away from the Bangalore–Mysore Infrastructure Corridor (BMIC) that is also called Nice Road and connects the two important cities of Bangalore and Mysore.Apart from this, the locality is just about 4-km away from the Bangalore–Mysore Infrastructure Corridor (BMIC) that is also called Nice Road and connects the two important cities of Bangalore and Mysore.
Q:
What the new projects coming up in Kanakpura road?
My replies to this discussion
Sunil Mantri Realty’s project Mantri Royale is situated off the Kanakapura Road and the NICE Express Highway in Bengaluru. Mantri Royale consists of a perfect blend of two and three bedroom flats.Sunil Mantri Realty’s project Mantri Royale is situated off the Kanakapura Road and the NICE Express Highway in Bengaluru. Mantri Royale consists of a perfect blend of two and three bedroom flats.
Q:
What are the projects coming up in Magadi Road?
My replies to this discussion
Any idea about the price range of apartments in Prestige Westwood?Any idea about the price range of apartments in Prestige Westwood?
Q:
What are the upcoming projects in Sarjapur road ORR?
My replies to this discussion
Marathahalli- Sarjapur Road stretch are emerging as the top commercial as well as residential real estate destinations of the Bangalore City. Corporates continue to prefer ORR since ORR is easily accessible from employee residential areas and its connectivity to the various SEZs and IT parks along the stretch.Marathahalli- Sarjapur Road stretch are emerging as the top commercial as well as residential real estate destinations of the Bangalore City. Corporates continue to prefer ORR since ORR is easily accessible from employee residential areas and its connectivity to the various SEZs and IT parks along the stretch.
Q:
How is the real estate development in Hormavu?
My replies to this discussion
Yes, some other renowned developers have also acquired land parcels in the area and are expecting to announce their projects by the end of the year.
Yes, some other renowned developers have also acquired land parcels in the area and are expecting to announce their projects by the end of the year.
Q:
How much appreciation happened in Banshankari Jan-Mar 2013?
My replies to this discussion
The price of the apartments in this area ranges from Rs 30 lakhs to Rs 3.22 crores. The area offers affordable housing as well as luxurious apartments. The price of the apartments in this area ranges from Rs 30 lakhs to Rs 3.22 crores. The area offers affordable housing as well as luxurious apartments.
Q:
What are the project that are getting completed in Bangalore in 2014?
My replies to this discussion
Some of the projects are Prestige White meadows, Radiant Royal woods by Radiant Group, Big Banyan Roots by S.R.R Group to name a few.Some of the projects are Prestige White meadows, Radiant Royal woods by Radiant Group, Big Banyan Roots by S.R.R Group to name a few.
Q:
In 2012, Bangalore has seen a good number of residential launches. Will it be the same this year?
My replies to this discussion
North Bangalore saw the second highest number of new residential unit launches in 2012. While some of the units were phased additions, new projects included Utsav Raaga by Pune-based Kolte Patil Developers located off Hennur Road and Nikoo Homes at Bhartiya City by Delhi-based Bhartiya Group in Thanisandra.North Bangalore saw the second highest number of new residential unit launches in 2012. While some of the units were phased additions, new projects included Utsav Raaga by Pune-based Kolte Patil Developers located off Hennur Road and Nikoo Homes at Bhartiya City by Delhi-based Bhartiya Group in Thanisandra.
Q:
What is the cost of a plot on Devanahalli-Kolar Road?
My replies to this discussion
As per my knowledge, there are almost eight to nine plotted projects along this stretch at present. Apart from Shreyas Properties other developers on this stretch include North City Developers, Terranova Developments and Akshya Developers among others.As per my knowledge, there are almost eight to nine plotted projects along this stretch at present. Apart from Shreyas Properties other developers on this stretch include North City Developers, Terranova Developments and Akshya Developers among others.
Q:
How is the residential market of 2013 in Bangalore?
My replies to this discussion
Sales reported are on an average of around 5,000 to 6,000 unit every quarter, an increase in supply level ta 8,000 to 10,000 units every quarter has raised the over all inventory level in the marketSales reported are on an average of around 5,000 to 6,000 unit every quarter, an increase in supply level ta 8,000 to 10,000 units every quarter has raised the over all inventory level in the market
Q:
How is the real estate market in Sarjapur road?
My replies to this discussion
Sarjapur is slowly and steadily blooming into a commercial sector. Almost all the popular developers and builders are investing in real estate of this area. The investment in the area is liable to be fruitful and turn out as smart money.Sarjapur is slowly and steadily blooming into a commercial sector. Almost all the popular developers and builders are investing in real estate of this area. The investment in the area is liable to be fruitful and turn out as smart money.
Q:
Will the corridor help in boosting the realty in Tumkur road?
My replies to this discussion
Since last four to five years the area has turned into one of the fastest developing micro market in the city. Tumkur road is also emerging as an attractive destination for graded shopping centers and standalone developmentsSince last four to five years the area has turned into one of the fastest developing micro market in the city. Tumkur road is also emerging as an attractive destination for graded shopping centers and standalone developments
Q:
What is the pre launch offer Prestige Group is giving for their new project?
My replies to this discussion
I think Prestige Group is quoting different price for the different towers. Location is a big plus for this project, it comes ahead of Prestige Sunnyside. Price seems to be quite OK looking at other projects in the same location. I think Prestige Group is quoting different price for the different towers. Location is a big plus for this project, it comes ahead of Prestige Sunnyside. Price seems to be quite OK looking at other projects in the same location.
Q:
I am looking for this project. Can anyone provide me some information about the same?
My replies to this discussion
What are the amenities provided in this project? Also share other details like floor plans and location .What are the amenities provided in this project? Also share other details like floor plans and location .
Q:
Is it worth buying a property in Limousine Homes? What is the status of the project and how much will it take to get completed?
Q:
Hi Team,
i am looking positive for this but have certain things in my mind.
1. In previous post, it shows Oct 2015 is possession time. I have visited the property site and i think it will be completed by March 2016. My point is whether it will extend further? Grace period ends when?
2. How safe would it be to buy flat there? Any risk Factor? Fraud?
Thanks,
Aditya
