Bangalore is home to many IT companies. It has diversity as many communities come to stay together. So, it is reasonable to buy an apartment in Bangalore.
Bangalore is a posh city. Investing in Bangalore’s real estate properties requires one’s life savings. So, it is crucial to make an informed decision. Many factors need consideration before making a choice. Research is a must on the estate value, its reputation, and the growth prospects of the locality. It is absolutely reasonable to buy an apartment in Bangalore if you are planning a long-term stay.
Bangalore is home to many big companies – DELL, IBM, TCS, and Oracle. This rapid industrial setup rose the demand for housing areas.
Real estate properties in Bangalore are dynamic. They have many fluctuations in price and demand. So, the estate's current market value, trends, and stability must be checked.
Factors like proximity to workplaces, hospitals, and basic facilities must be looked for. A little prediction of the growth prospects turns out useful.
The most important factor in buying an apartment in Bangalore is your budget. Your financial condition must be estimated before investing. This will keep you from the hassles that come as a standard. Long-term financial stability must be kept in mind before taking any steps.
The sale deed of the real estate property must be checked. It must have all vital approvals from the apt authorities. A legal expert must check the papers for verification.
The investor or buyer must consider plans and personal choices. Evaluation of factors like career growth, family, and duration of stay is a must.
Owning an apartment comes with added responsibilities. You must maintain the estate and pay taxes and facility bills. These costs are separate from the sale price of the apartment. Thus, it is vital to consider them before making a choice.
Bangalore is the dream city of students and professionals alike. So, they need affordable and cozy houses for their stay in the city. IT drive, and real estate expansion has led it to become the most desired place to dwell in.
1 BHK flat in Bangalore comes at an affordable rate. It usually offers one bedroom, one dining hall, and one kitchen. It also houses a water closet in the bedroom itself and a separate washroom. Usually, the living room and dining hall are combined in these flats. A single balcony space is also provided. The size of these apartments ranges between 650 to 800 square feet. 1 BHK flat is the best fit for a bachelor. It may accommodate two people, but that may not be convenient. The price ranges from 30-50 lakhs.
2 BHK flats are more in demand. It has two bedrooms, one kitchen, and one living-dining space. It offers two washrooms and one utility area. One of the washrooms acts as a water closet. It usually comes with a balcony area, wide enough for sitting arrangement. The arrangement can vary. But the basic plan remains the same. The size ranges from 800 to 1000 square feet. A family of two or three prefer these. Its price ranges from 40 to 80 lakhs. It sometimes is cheaper than 1BHK as it is more available. This is why it is the most preferred real estate venture.
3 BHK flats are quite expensive. It is usually preferred by larger families. It has three bedrooms, one kitchen, one living room, and one dining space. It comes with two or three washrooms. Usually, two washrooms remain attached to the bedrooms, and one is separate. It also has two balconies and a storeroom. The size ranges around 1200 square feet. Its price usually starts from 90 lakhs.
The most desired places in Bangalore include Indiranagar, Whitefield, and Koramangala. The price ranges and sizes may vary from place to place. The price depends on the access to facilities and transport. Here, the data given is keeping in mind the best places to buy an apartment in Bangalore.
Godrej Park Retreat is a new ongoing apartment developed by Godrej Properties.
| Enquiry Now |
