Here is a Brief Insight Into the Top Two Real Estate Pre-launch Projects in Bangalore

Bangalore is experiencing exponential growth in real estate projects for both categories – i.e. residential and commercial. In recent years, the city has witnessed investors pouring in their resources to create projects meeting global standards. The idea is to provide world-class buildings and infrastructure to the market that would stand true to the IT growth propelled by the city!

This has led to the launch of some amazing projects and here, we are listing two of them:

K R Puram’s Sobha Lake Garden

A promising pre-launch project like Sobha Lake Garden will be an oasis in the midst of the spiralling city. The project is expected to house around 677 apartments. The apartments will be available in 1, 2, 2.5 and 3 BHK formats.

The housing project will provide amenities like a jogging track by the lake as well as kayaking facility for apartment owners. The best part, the project is registered with RERA – so no worries if you go all in with your money on this one.

There are many other worthy projects that you should read about at: Real Estate Bangalore: Top 3 Pre-Launch Projects at a Glance

Whitefield’s Shriram

Located in the IT hub of Bangalore, the project is perfect for those who want to invest in a real estate project that is the perfect amalgamation of luxury and comfort. Owners will enjoy the best of class-leading amenities all the while feasting their eyes on the elegance of the project and its overall all aesthetic appeal. On top of that, the project claims that all facilities are offered at competitive rates.

Also, you can buy a home with instant housing finance facility by Bajaj Housing Finance Limited  you may have the capacity to guarantee the advantages from PMAY home advance or PMAY CLSS.

Additional Read: Things to Check Before Buying Flat in Bangalore

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Top 2 Locations in Bangalore for Residential Purpose

The decision of buying a property in Bangalore can be one of your biggest and most profitable ones. The real estate sector in the city is expanding since the growth of IT sector is causing a lot many people to migrate here in pursuit of a better life.

However, home buying is a major decision and thus, proper financial planning is inevitable. Apart from that, you must ensure the property you buy is located in an area which is safe for residential purpose, has a high value appreciation rate, is situated close to all major public infrastructures such schools, hospital and transport facilities etc. 

Well, the task of finding the popular property destinations in Bangalore can be a little difficult, but let us make it easier for you. Below are some of the best locations in Bangalore for residential purpose. 

Horamavu: Horamavu is home to some of the biggest and most popular housing projects such as Sobha Lake Garden. Located in the north-east part of Bangalore, Horamavu offers easy accessibility to the airport through the Outer Ring Road.

Kanakapura Road: Located in south of Bangalore, Kanakapura road enjoys excellent connectivity with top centres of the city. Not just that, one of the prime reason of buying a property in Kanakapura is the Bangalore-Mysore infrastructure corridor known as NICE Road. This corridor connects Kanakapura with Bangalore, Mysore Road and Bannerghatta Road. you can easily buy a property in Bangalore by apply for Home loan in Bangalore from Bajaj Housing Finance at attractive interest rates.  

Bottom line: Last but not least, make sure the flat in Bangalore you plan to buy is RERA verified. Also,, the dealer you choose to proceed with must be registered with RERA. 

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3 Things to Consider While Buying a Flat in Bangalore

Given the fact PMAY housing scheme is valid till the end of this financial year, most people would be planning to buy a house in the next few months. If that’s true even in your case, below are some of the facts you must keep in mind before buying a property in Bangalore. 

1. Location of the house: Would decide the kind of returns you can expect from your investment in real-estate. The closer your house is to the center of your state’s capital city, property value appreciation rate is higher. 

Thus, pay proper attention to the location of your property while buying a flat in Bangalore. For instance, properties such as the Sobha Lake Garden is situated at a prime location, well connected with these modes of transport.

   

2. Dealer’s credibility: After the RERA act, no property dealer can sell a property without RERA registration. The dealer has to be registered and even the property needs to be RERA-verified. If you end up buying a property which is not RERA-verified, you might have a hard time getting approved for a home loan. Thus, gauge the credibility of your builder before buying a flat from them. 

3. Rate of returns and amenities: Last but not least, assuming your purpose of buying a flat in Bangalore is to sell it off later and earn a high ROI, you must ensure the property is available with value added amenities. These value added amenities will supplement your property’s resale value.

Additional Read: Five Things to Check When Buying a House in Bangalore

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