Business & Finance Renting & Real Estate

How To Choose Right Residential Property And Opportunities In Bangalore

Purchasing the RIGHT property is very important rather than, just purchasing a property. If you purchase the right property it would give you double profit. Similarly if you purchase an improper property it won't be helpful to you much. Then, how to purchase the RIGHT property? Before that we would see what kind of property will be considered as the right property.

A right property is that which makes your investment double in terms of price in future. If you want to buy a home or land, first you need to check whether that property has all facilities nearby such as schools, hospitals, water, police station, electricity and transportation. When these facilities are not there close to your property, the value will not increase over a period of time.

Thus, before purchasing a property first you need to decide what kind of property you would want to buy. Like a land, an individual house or an apartment, choose based on you requirement. Suppose if you want to buy an apartment then you need to think about 2 BHK or 3 BHK. After that location comes into picture. What location you need to choose. Some considerations as we mentioned above like schools, distance from work location, transportation facilities, water, electricity etc. After deciding the location you will have to research on who is right builder. These days there are many builders available in the market. But, how to shortlist the best among many? Some of the tips are, we need to consider their previous projects, customer satisfaction, project delivery dates as per they had committed and the work quality. And please do check the online reviews about builders, whether there were any issues that happened earlier. Then, based on your researched information you can shortlist the best builders in town.

Bangalore is one of best considered place in India for residential compared to the other metro cities. Bangalore is well known for IT companies and has huge job opportunities. Due to this, real estate companies are investing huge money to construct right properties for Bangaloreans. Here you can find some details about residential property opportunities in Bangalore.

Currently centre of the city areas like MG Road, Richmond Road, Malleshwaram, Cambridge Layout, Richmond Town, Frazer Town, Basavanagudi, and Indira Nagar are very expensive to purchase. Since these locations are in the middle of the city, very less residential properties are available at present. But if go to around the outer ring road areas like Electronic City, Whitefield, Sarjapur Road, Bannerghatta, HSR Layout, JP Nagar, Hennur Road, Marathahalli, Yelahanka, Banashankari, Hebbal, Devanahalli, Hosur Road, Rajarajarajeshwari Nagar, Rammurthy Nagar many properties are available. Many residential apartments are coming up with many facilities. Most of those apartments budget is under 50 lakh rupees. A recent study by Knight Frank also confirmed that, Bangalore has been ranked as the best affordable city in India. Based on their study, 77 percent under construction properties worth is below Rs 50 lakh rupees.

In India if you compare Bangalore with other metro cities, Bangalore is the green city and IT hub of India. Due to this many people want to settle in Bangalore. Thus, above mentioned all locations are still the low hanging fruits for people who want to purchase apartments or property in Bangalore.

Even most of the IT companies are surrounded in the Bangalore outer ring road and it is well connected with all the supreme facilities in these locations.


Leave a reply