Is South Bangalore a Good Region For Property Investment

Bangalore seems to be an investor’s paradise as far as real estate market is concerned. Improved infrastructure and inter-state connectivity has led to tremendous uplift in the real estate market in Bangalore. The outer parts of city which were once ignored are currently the hot spots and are proving to be a real gold mine for investors and developers. Better civic facilities, better roads and transportation facilities, and many other reasons has resulted in catching the attention of the folks towards this region. 

With more FDI flowing in the nation, the employment opportunities have increased leading to better socio-economic status of the people which in turn has aroused the interest of many international real estate developers which are now offering world class apartments at very reasonable price. Additionally, these trusted developers have been offering great discounts. One of the shining examples of this is the one from Brigade meadows apartments, Bangalore for sale which are fully furnished homes at no extra charges. This means they will get the woodwork furnished in your new home while charging you any money.

Let’s look at the various parts of the city and how have they developed: 

North Bangalore: The road connectivity in the north Bangalore is one of the best in the city. The wide and clean roads connecting to all major areas of the city makes it a preferred choice for residence and pulls a huge crowd towards it making it a hot destination for investment. Amongst the other areas, places like Hebbal, Yelahanka, Ramamurthy Nagar, RT Nagar, Banaswadi, Hormavu and Sahakar Nagar are the most hot property destinations.

South Bangalore: The upcoming metro project has pushed developers into looking at this region as the new place to create their masterpieces. Localities like Kanakpura Road, HSR Layout, Sarjapur Road, Electronic City, Bannerghatta Road, JP Nagar, BTM Layout, and Uttarahalli have seen a boost in developmental activity with more n more international companies investing in the region. Brigade apartments for sale in Bangalore and other similar townships have been in great demand because of the high quality workmanship and affordable costs here, hence making South of Bangalore a good investment option. 

East Bangalore: With easy link to major IT corridors and other important places, east Bangalore has always been amongst the preferred choice of buyers but with the development of ORR link, this region has become a major point of discussion amongst potential buyers and developers. Some of the favorite residential areas are Whitefield, Marathahalli, Kundalahalli, K R Puram, Kasturi Nagar, ITPL and Mahadevpura.

West Bangalore: West Bangalore has always been a residential hub but with this area is seeing a boom in the commercial and retail complexes which adds a bling to the region. The most preferred locations here are Yeshwantpur, Malleswaram, Rajajinagar, Matthikere and Vijayanagar.

10 Tips For Buying a Home in Bangalore

Shortlist Area: Decide the part of the city you would like to live in. Every area has its own benefits and drawbacks, for instance one might have posh shopping malls and entertainment options, while other might have best medical facilities, and yet another part might have reputed educational institutions. So, you need to first decide which part of it suits you more.

Target This Area: Once you have decided upon an area to live in it is time to search for a good residential property where you can with your family. You will find plenty of option of homes for sale in Whitefield and other areas in outskirts these days. A lot of good housing projects are mushrooming in and around Bangalore which are attracting buyers and investors.

Make a List of Your Requirements: This search will give you a list of options which you will need to segregate according to your set criterion. You will need to set this criterion depending on your needs and budget. It is important to find a home deal which is well within your budget and take care of your other requirements like security, daily necessities, environment of your choice, and other comforts.

Rationale: Do a reality check of what you want and what you can get. Be realistic with your expectations, no deal can give you everything you wish for, you will have to settle for the deal which satisfies your maximum requirements. For example, builders in Whitefield Bangalore are offering amazing additional amenities which make the lifestyle simple and interesting like swimming pool, commercial space, sports areas, play areas for kids, senior citizens courts etc.

Take Advice From Area Experts: wondering who these people are? They are all those you will come across when you survey to find more information about a certain property including a property dealer, developers office, people living in this area from a long time, internet, etc. Talk to them before finalizing the deal to know more about this area so that you don’t get shocks later on. Ask them about water and electricity supply, parking issues, maintenance staff, etc.

Decide fast: Once you think you like a certain deal, crack it as soon as possible for two reasons – firstly real estate market in Bangalore is growing and the demand is also growing so someone else might just poach your deal and you won’t be able to do anything about it; secondly, the rates might increase and it might fall out of your budget so buy while it is affordable.

Check documents: Check if you have all the documents to complete the deal and take the ownership. Make a proper docket and list the document son the first page to avoid any hassle of delaying the signing of deal because pf missing documents.

Complete formalities: Complete the formalities as soon as possible but do not be in a haste. Calmly complete the formalities like getting the papers in your name, signing the agreement, getting the agreement checked by your lawyer, etc.

Post-Purchase Precautions: This is a crucial step, once again check all your documentations after the deal is complete, if you have applied for a loan make sure you have not left any original legal paper with bank,  the all these photocopied and safely get them scanned and saved in your e-mail and a hard disk or a DVD etc.

Invest in Interiors: Now make the interiors of your home according to your preferences so that you and your family feels at happy and comfortable in here. 

Home Buying Decision Making Tips

Buying a home is one of the most important goals for most of us need to accomplish as soon as possible in life. And since we spend most of our hard earned savings on this, it is surely a crucial one and so we must meticulously take this decision.

1. Be Informed: Luxury properties account to the niche market and often the seller knows that anyone who is ready to buy such a property is ready to pay more and it is easy to lure and exploit such as buyer. Therefore you must be careful of such elements operating in the market. Be sure you don’t draw out a list of your expectations from your deal which is possible only when you how the real estate market is behaving these days and what all benefits can you avail from it. Hence, search market trends online or take a survey in various residential townships to know details and then evaluate what you are being offered.
2. Choose Area Wisely: There are numerous new residential properties in Bangalore, which have been brilliantly planned and executed into beautifully landscaped heavens on earth. But you need to shortlist which is well within your budget and one which satisfies you requirements to the max. Based on these two criterion, your decision will keep you comfortable, however, if you get lured by flamboyant offers, you will either end up taking too much loan from bank or end up buying a house which does not have all those comforts which you are looking for. Therefore, set criterion and then evaluate your offers to finally take you buying decision.
3. Surrounding Areas: The surrounding areas should be well developed so that, just in case your own township is not able to meet your needs, you can go to nearby places and get your work done. For instance, if you need specialized medical care and the colony you are living in does not have a good hospital, you can travel to one of the surrounding areas so that you are still closest to your home in your difficult hour and you don’t waste time in travel.
4. Hire Experts: It is very obvious that you cannot know everything about every area, so after you shortlist your area, make sure you take advice and suggestions from an expert about various deal in that area. This will give you a good insight about the pros and cons of living in that area.
5. Reputed Developer: Buying a residential property can be risky therefore it is better to buy a house from a trusted and reputed developer so that the documents are complete and paper work is authentic. For instance buying a 3bhk flat in Whitefield, Bangalore is always better than buying a villa from an unknown property dealer who might not take the accountability of the property. 

Has Real-Estate in Bangalore Grown in Recent Past?

The real-estate industry has seen a real upsurge in the last few years. In fact it is one of the largest growing industries of India. The growth rate for this industry has been very high. Hyderabad too, like most Indian cities has witnessed this. There are a lot of real-estate groups that are providing residential and commercial spaces to the property market. The Brigade Group is one of them. It has offered residential apartments for sale.

The industry has seen a growth in the employment opportunities as well. A lot of people have joined the industry considering this. After all, it is one of the most successful industries in India.

There are several reasons behind this. There is a lot urbanisation that is taking place. People are moving from small towns to big cities or metropolitans. When there is a movement of this kind, there also arises a need for residential spaces.

Thus Brigade is leaving no stone unturned to create such spaces. It is one of the leading groups in this area and has successfully carried out projects in major cities. Brigade At No 7 is yet another project that Brigade has launched in the heart of Hyderabad. Hyderabad too has witnessed rapid urbanisation as because of employment opportunities. Some of the major companies have set up their offices in the city.

The city is also known for its education sector. Many central universities are offering a variety of courses. It has one of the best universities in the country. This is another factor that attracts people to the city.

Real estate has seen a major boom in Hyderabad as well. The state and the central governments have taken steps towards improving the infrastructure of the city. It is the west of Hyderabad however that has seen a major development. It is one of the most popular areas for both, people who want to buy property and those who are looking for a house on rent.

Areas like Banjara Hills and Kondapur have witnessed a huge demand for residential requirements. And as we know, these are one of the best areas of the city. Brigade’s project Brigade At No 7 is also located in Banjara Hills. As mentioned above, this industry has seen a growth in the past few years. However, Banjara Hills gained its popularity before that. It has always been one of the posh localities of Hyderabad. It is an area that has developed infrastructure and clean roads.

So, if you are looking for a home in one of the best locations in Hyderabad, Brigade At No 7 is what you have to go with! It is offering property for sale in Hyderabad and that too in Banjara Hills. Make your investment now. Because a dream home is something everyone desires. And if you are getting a dream home in a dream location, you could not ask for more. Considering the growth of the real-estate industry one has various options to choose from. Plan out things and invest in what you find the best to suit your needs.

5 Precautions While Buying a Home

Prices rise! Projects delayed!  Buyers cheated!

Sounds scary but true, the real estate market is like any other market where if you are not cautious, you might end up losing your lifetime savings and losing hope of realizing your biggest dream of owning a home. So it is important to be a wise buyer do your homework well before cracking your deal. Following are some tips to help you buy premium flats in Mangalore or anywhere else:

1. Understand Real Estate Trends:

Buy a home whenever you have accumulated sufficient funds to initiate the deal, but make sure you understand the property market trend at that point in time. There are times when purchasing properties is beneficial because prices are stable and expected to rise in near future hence increasing the value of your asset soon. So this is the best time for investment. But there are phases when the prices are rising or often expected to decrease shortly, that is when you must hold on to your plans for a while and wait for prices to decrease. This happens when the real estate market is flooded with new options and rate of vacancy becomes intolerable by the market players.

2. Invest in Trusted Projects:

Invest in reputed projects constructed by trusted brands like Brigade Pinnacle etc. This will ensure good value for money you are investing with respect to quality of living, quality of workmanship, reduced maintenance, additional amenities, etc. Buyers are often ditched by the independent builders who use sub-standard construction material and low quality workmanship to earn higher profits and hence the owner faces lot of maintenance issues later.

3. Trust Your Own Survey:

Start your search online to see the reviews of other home buyers. Next step is the field survey – visit the residential projects you have shortlisted online and see which townships are better and which need to be ruled out of your list. Step 3 is to interact with authorities to know the price and other costs associated to living here, the benefits residents can enjoy, and weigh the pros and cons on your scale of preferences and necessities. Check out the flats in Derebail, Falnir, Attavar, Lalbagh, etc. to understand which areas are more suitable to you.

4. Get Documents Crossed Checked:

No matter you need a loan or not, apply a small loan from a government bank because bank verification is very authentic. They verify every detail of both the parties before they sanction the loan hence, it can be relied upon. If you don’t want to go about this way, get your documents and deal details checked by government authorities and field experts which can be a little tedious but worth taking the pain. This will ensure you not investing in the wrong asset. There are ample number of available flats in Mangalore, so, if one choice does not seem trustworthy, check the others but invest only in safe properties.

5. Lawyer: 

Keep a property expert or a lawyer involved while signing your sale agreement. Go through all the clauses carefully and make sure they are not in conflict with each other and they do not even challenge owners’ rights. When you are satisfied with the formalities, sign the agreement and complete post-sale necessities like transferring the electricity and water meters in your name, reserving the parking slot for your car, checking security like, cameras at home, in corridors, guards, grilling, and setting up of interiors to your choice.

Certain Things That You Must Know About the Property Before Investing

A pristine pool of sparkling water, beautiful landscapes and comforts so rare that you craft a dream about it. Imagine living in a house surrounded by these serene glimpses of nature and best comforts of the city.

This can only be a distant dream for many but can be a reality for those who have been making discrete efforts towards realizing this goal. To help you further this, some of the trusted developers have initiated an exemplar of classy township with all the necessary amenities.

And when you get such an option in one if the best cosmopolitan of India, it is surely difficult to refrain yourself from buying a home here.

Good property options are limited and its demand is never ending in metropolitans like Bangalore. This is because it is the Silicon Valley of India and invites professional from different parts of the world. Since, it provides ample opportunities to these professionals and they prefer settling here for longer periods of time or even permanently. This has made real estate sector dynamic hence providing good options to new home buyers.

When people begin to search, they come across several interesting choices and get lured by fancy homes. But when we buy homes in big townships which are spread over several acres of land, you can’t go in every corner and check the details however you can definitely check the specifications from the developers. There are certain good and impressive luxury apartments in Mangalore from some trusted developers which respect your opinion and peace of mind and share everything you want to know for your satisfaction. Following are some important checks before you buy a home:

Survey:

Visit the township and find interact with other living there. Ask about the goodwill of the developer and the workmanship in the homes. Ask if residents are facing some problems of basic needs or if they are happy with the way maintenance is carried out.

Approvals:

Check if the developer has got all the necessary approvals for the project for water supply, electricity, construction on land, conversion certificate, and certain other essential permissions. For instance, if you are buying a 3 BHK flat in Mangalore, you surely don’t want anything to go wrong. Therefore to avoid the hassle of being troubled by issues like delayed possession because invention of authorities etc.

Sewage:

This is a very important aspect. It often happens that when you buy a new home in a lushly landscaped colony, everything is so perfect that you love it. But, as time passes, sewage issues create a mess and the once beautiful colony starts and smelling filthy. To avoid this ask question from the developers if proper sewage and waste dump plans have been implemented and how reliable they are.

Past Record:

Conduct a mini research at your end and try to find how trusted the developer is! If the developer is as renowned as Brigade Pinnacle, you know you can proceed with your buying decision. However, if the developer is a company who is not registered or licensed and does not have a decent reputation in the real estate market, you may want to call of your proceedings and search for better option.