Anoop
Q: I liked an apartment in Thindlu circle which is 6 year old and 1100 sqft built up area. I want to buy that but the price owner is quoting is 55 lakhs which i feel is a little too much. The apartment do not have much amenities, it has power backup, lift and bore water. I want to tell a price which i think is correct but require some guidance about how to reach a conclusion about the price. What all do we need to consider while quoting a price, what are the factors on which we decide price of re-sale property.

Latest Answer: Opting for the right home that has a resale value is entirely a matter of personal preference, which should be loomed up as a business decision. A home not only meets the purpose of the entire family, but also globally viewed as the perfect investment scheme for an investor.

Q: I am planning to buy a 7 year old aparment in sanjay nagar, very close to the main road . The property is 1080 sqft built up area and in a very nice locality. What is the current sqft price for Sanjay nagar, and how much would be a right price for the above detailed property and would there be any appreciation after 5 years? Can anyone help

Latest Answer: Sanjay Nagar is a well-developed area ib Bangalore and the locality is also near to Manyata Tech Park and many major IT Companies. The capital value has shown an upward movement in the first quater of 2013. You can expect appreciation in the near future.

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