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Buying real-estate in Bangalore
Posted: Thu Oct 04, 2012 3:10 pm
by webinravi
Hello All,
I am newbie here, i want to buy residential apartment in Banglore. My budget is up to 20 Lac. I look up price for online service providers. like
99acres, makaan, india property, etc. But i am confused to decide the good location in my budget.
Buying real-estate in Bangalore
Posted: Fri Oct 05, 2012 11:22 am
by Gator92
I would be very cautious about buying apartments based on online marketing and developer websites. All you get to see are the positives that they want to portray. You (or your representative) should make a physical trip to the apartment that you are planning to purchase. I have seen great photos of apartments but when I go there I would see many issues like very narrow unpaved roads, very dark with no natural lighting inside, narrow staircases, etc. For 20 Lac budget, you will have to target for apartments on the outskirts of the city. Most apartments which are around 1,200 SFT to 1,500 SFT inside the city costs upwards of 40 lacs to 50 lacs. For 20 Lac budget you can try in areas near new airport (Devanahalli), Hoskote, Anekal, Bidadi, Nelamangala, etc where rental incomes are low.