Best Areas in Bangalore for Buying an Apartment

The IT hub of India has always been a people’s favorite for job as well as residential purpose. Apart from having the most number of IT companies, Bangalore is one of the 5 biggest metropolitans. The city has sufficient jobs, proper public infrastructure, a good property appreciation rate, and a good nightlife along with some of the biggest educational institutions. In and all, Bangalore should be the first choice of people planning real-estate investment irrespective of the purpose.

However, before you make a decision in haste, do some research or get recommendations from local friends about which area in Bangalore is best for real-estate investment. Don’t worry if you don’t have a friend in Bangalore who could help you in this, this city is home to prestigious residential projects like Shapoorji Pallonji Parkwest and Shriram Sameeksha, here are some of the prime destinations to do so: 

Chandrapura: Chandrapura is a residential suburb in South Bangalore which offers an array of choices.The locality is well connected with the other major areas by roads, airport and metro station.  

Kengeri: Well, talking about Kengeri, some of the best apartments in Bangalore are located in this area. The area is often referred to as satellite town of Bangalore owing to the strategic location and good connectivity with other important areas of the city, especially the IT parks. 

Whitefield: Whitefield, if you ask the local Bangaloreans, is one of the best places for real-estate investment. Some of the newly constructed affordable apartments in Bangalore for sale are in Whitefield. 

There are a number of lenders also available to finance your property purchase. Using a housing loan, you can be availing financing of up to Rs. 3.5 crores which can be repaid back in a tenor of up to 240 months.

Additional Read: Top Places in Bangalore to Buy Apartments

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Reasons to Invest in Lodha Palava City

Mumbai has for long been known as the city of dreams. Every year thousands of people flock the city with dreams in the eyes and hope of making a better life and career for themselves. However, almost all of these people facing one huge problem - finding the right real estate for themselves. This is because apartment prices in Mumbai are sky high and in order to purchase an apartment, one always has to compromise on the convenience as it always has to be at a location which is a little away from the main city. 

So does this mean that flat buyers should now have to compromise on the amenities and benefits which are offered by residential properties in the prime areas?

Certainly not.

Realizing the ever-increasing demand for real estate, a number of developers have started developing projects which not only provide world-class facilities but are affordable too. One such project is Lodha Palava City. It offers world-class facilities and great amenities, a few of which are as follows - 

Location: One of the biggest convenience which Lodha Palava City provides is that it is very conveniently located and well connected by rail, road, and air. It is 40 minutes away from Mumbai’s main port, less than an hour away from South Mumbai, has a number of railway stations in the vicinity such as Dombivali and Vashi to name a few, and is just 20 minutes away from an upcoming international airport. 

Amenities: Lodha Palava City has all the modern amenities that you can possibly think of and much more. These include sports infrastructure for kids and adults, gymnasium, library and swimming pool. There is also a shopping mall in the vicinity to take care of all your shopping and entertainment needs. 

Finance Options: There are a number of lenders who are offering home loans for purchasing a piece of property in Lodha Palava City. This means that you can choose your desired lender as per your needs and preferences which makes purchasing that dream house all the more convenient.

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Leading Areas in Noida for Real Estate Investment

NOIDA - which stands for New Okhla Industrial Development Authority, is a planned satellite city of Delhi under the management of NOIDA and is also a part of the National Capital Region of India. People who detest the constant hustle-bustle, the lack of planning, and the ever-increasing crime rate in Delhi prefer NOIDA for residential purposes. Thus, if you have been planning to buy property in Noida but aren’t quite satisfied with the lack of architectural planning here, NOIDA is a suitable alternative.

Accordingly, below are some of the best areas in Noida where in you can book your dream home.

Yamuna Expressway: Ever since the Yamuna expressway started, the property prices in nearby areas have gone incredible up. The connectivity to Delhi is superb as almost all the areas are well-connected with the capital via the Mahamaya Flyover. Besides, the F1 Track and the ongoing Delhi-Mumbai Industrial Corridor (DMIC) is likely to boost the property prices in this area.

Noida Extension: Noida Extension, as the name suggests, is an extension of Noida and is also a planned residential hub with systematically planned townships, commercial spaces and malls.  The area can offer you amazing connectivity to Ghaziabad, Noida and Greater Noida which makes it one of the best place to live in Delhi NCR. If you are looking for short-term gains (buying and selling of properties), you can book a flat in the upcoming projects in Noida’s this area.

If you are planning to invest in properties. you can take a Bajaj Housing Finance Home Loan at lower interest rates. 

Additional Read: 4 LOCATIONS IN NOIDA WHERE YOU CAN BOOK YOUR DREAM HOME

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Is It Worth Investing In Property In Bangalore?

The IT hub of India, Bangalore is one of the largest job market which witnesses an influx of people from all walks of life. Hence, it is no surprise to find reputed builders offering lucrative housing projects like Sumadhura Soham, that make the city an ideal property investment destination.

 

If you wish to make Bangalore your home here are top reasons it is worth the investment - 

Community living: The city boasts of a multicultural population with a promise of thriving lifestyle to its people. Living in Bangalore helps you stay connected with its roots while having an extended social circle.

Affordable projects: Today, builders in the city are catering to the preferences and budget of salaried and self employed professionals in the city. Thus, as a home seeker you can find interesting, ready-to-move, under construction or resale housing projects in your budget.

Easy home finance: Another factor which has made affordable housing possible in the region is the availability of quick and easy finance from experienced loan providers. You can compare and apply for home loan online with minimum paperwork and avail high value loan based on your income.

Property appreciation: Rapid development efforts in the city has seen many businesses flocking to the region making it self-sufficient due to infrastructural advancements. This has eventually helped boost the price of property in the region making it a wise investment.

Safety: 24-hours safety in the housing projects with the city having a reputation of good civic sense makes it an attractive buy for families and even individuals. Moreover, the housing projects offer a range of amenities such as clubhouse to ATMs makes it convenient for home dwellers to maintain their lifestyle.

Additional Read: 4 Reasons to Invest in Real Estate in Bangalore

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Upcoming Real Estate Trend: Ready-To-Move Flats In Bangalore

Yes, you read it write, ready-to-move flats in Bangalore have become the most coveted housing. Largely owing to the fact that they are low-risk investments as compared to under construction housing. With the premium of housing loan moving down, it makes sense for home buyers to tap into the quick possession real estate market.

If you are planning to invest in possession-ready housing in Bangalore, here’s how it can be beneficial -

Lowering of premium rates: The lowered premium on possession-ready property in Bangalore are witnessing a drastic decrease, vere recorded in the history of real estate. Market experts believe that home seekers can find lucrative deals on resale properties as well rather than buying directly from the builders or developers. The downfall has also been due to substantial rise in inventory in the resale market. As of now, home seekers can invest in quality housing projects from reputed builders at prices much lower than two or three years back.

Lead to savings: The primary advantage of booking a possession-ready flat is that you get freedom from rent. This helps you to save and turns a portion of the rent into monthly instalments in case you have taken a home finance. Frankly speaking, this was not possible in the case of under construction property where you had to shell out the monthly rent as well as home loan EMIs.

Income tax benefit: In a survey, it was found that home buyers were more keen to buy possession-ready properties than under-construction flats as the delay in possession of under construction means shelling out extra amount of money. Besides, the delay also leads to losing out on tax benefits from Rs. 60,000 to Rs. 9,000 per year.

Additional Read: 5 Reasons to Buy Ready to Move Flats in Bangalore

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Reasons Which Make ATS Pristine Apartments Stand Out Among Its Competition

Noida has emerged as one of the best areas for investing in real estate in recent times. The reasons are very simple - continuous development every year and which in turn provides steady growth opportunities. Another aspect about Noida which has made it immensely popular among investors is the great many properties which are available which caters to the needs of everyone’s budget. 

However, if you have a generous budget and are looking forward to invest in a luxurious project, then you must take a look at ATS Pristine. It is located in sector 150 on the Noida expressway in an 18-acre township. It has a number of educational institutes and corporate offices in its vicinity.

 

The project has been divided into two groups Phase 1 and 2. Both the projects are fully loaded when it comes to luxury. A few of the modern amenities provided are - 

• Card Table
• Club house
• Yoga Room
• Gymnasium
• Billiards table
• Jogging Tracks
• Swimming Pools
• Lawn Tennis Court
• Rainwater Harvesting
• Play School with Crèches
• Squash and Lawn Tennis court
• Banquet Hall with Guest Room Facilities

The best part about this locality is its connectivity with other parts of NCR (National Capital Region). It is also just 10 minutes away from major landmarks such as the F1 Budh International Circuit, Gautam Buddha University, 5 minutes from Pari Chowk, 20 minutes from Noida Sector 18, 25 minutes from Kalindi Kunj, and 30 minutes from South Delhi.

As such, the ATS Pristine is a complete package. If you want to finance your property purchase here, then there are many lenders including financial institutions who offer low interest home loan. The figures tend to vary from one lender to the other, and thus it is best to compare them before taking a home loan from anyone.

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Sumadhura Soham - Best Place to Invest your Money In

If you are looking for a piece of property in Bangalore which would provide incredible returns in the long run, then you must take a look at Sumadhura Soham. It has all the latest features and amenities which is expected of a modern society. As such, it is surely worthy of being given a consideration by anyone who expects great returns, comfort, and connectivity with the rest of the city.

However, in case you wish to invest in any other parts of the city, then that would be equally good, for Bangalore as a city provides a plethora of real estate projects and which provide great returns too. As a consequence, millions of people flock to Bangalore in search of opportunities both academically and professionally.

Let us now talk about some of the prominent areas in various parts of the city -

North Bangalore

This is one of the most sought-after areas of Bangalore and is considered more than ideal for any kind of real-estate investment. Owing to its great connectivity with other parts of the country and being located in the main business district, the value of property here is rising very fast. Some of the most promising areas here include Yelahanka and Hebbal which is anticipated to provide very great returns in the coming years.

Sarjapur Road

Located in the southeastern part of the city, Sarjapur Road is one of the favorite places of investors including IT professionals and others who seek to buy property at affordable rates. In a few years, the place is anticipated to become much more developed than what it is right now. As such, it is an ideal place for investing in.

Irrespective of which place you purchase property in Bangalore, it will surely offer great returns. If you need your property purchase to be financed, then there are various lenders who offer big value home loans at very affordable interest rates. The best part about these loans is that they can be repaid back in a long tenor which makes the repayment very convenient.

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Reasons Why You Must Invest In An Apartment In Bangalore

Bangalore, the IT capital of India, hosts the thriving job markets of the country, as well. With ample government initiatives and lucrative schemes from private lenders, it is the best time for homebuyers to go shopping.

One of the studies concludes Bangalore as one of the most dynamic cities in the country one can find accommodation for. With several reputed builders rolling out affordable property in Bangalore.

Let me share reasons why you must invest in best apartments in Bangalore -

• Affordability - as compared to sky-high apartment prices in other metro cities such as Delhi and Mumbai, Bangalore is a place of lowered prices and huge inventory levels to fuel the demand for property. Besides, the appreciation of real estate prices will be at their best owing to rising inflation over the next year or so. This is a big reason enough to invest in real estate to have your investments return higher.
• Easy Finance - with property prices falling home seekers are rushing in to book roady-to-move, under construction and fresh housing projects. The demand has been fueled with easy finance options available from experienced lenders such as NBFCs who offer high value loan as per the borrowers capacity.

Range of housing facilities - Bangalore houses a mixed populace so needless to say it offers housing as per the needs and preferences of its diverse home buyers. You can browse through a lot of projects online or in physical too to find the best property which matches your needs.

Additional Read: 6 Key Reasons to Invest in Upcoming Apartments in Bangalore

There are a number of lenders also available to finance your property purchase. Using a housing loan, you can be availing financing of up to Rs. 3.5 crores which can be repaid back in a tenor of up to 240 months.

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Purchasing Property Through Different Channels Including Agent, Developer, and Online

If you have finally made up your mind to purchase property in Ahmedabad or any of its surroundings then it is a feat in itself for it is one of the biggest decisions which one can take.

Once it has been decided that a piece of property has to be purchased, then the next big question which arises is how would you like to purchase the property. In other words, the channel through which you would like to initiate the purchase. In Ahmedabad, you have three options when it comes to making a property purchase. These are - a developer or an agent.

Thus, irrespective of the property which you select, be it Pacifica The Meadows or anything else, you can opt for these two options. Let us now talk about the pros and cons of buying a property from each of these available platforms -

Developer

Pros

One of the least complicated processes is purchasing a property in Ahmedabad from a developer. This is because the transaction involves only two parties - seller and buyer. It removes all communication gaps and helps in resolving queries very quickly. There is no involvement of any mediator which means lesser deviation from the commitments made by the developer to the buyers.

Cons

Getting the paperwork smoothly done may be a bit difficult. Also, you need to analyze the legal validity of the project on your own which is not just a tricky task but also involves a lot of time.

Agent

Pros

Buying a property using an agent can save a lot of time. The agent does all the work on your behalf and picks out the best property for you as per your needs. Agents also possess legal knowledge which can be used in completing all the legal formalities of your flat.

Cons

The commission which needs to be paid to the agent can be steep. You also need to ensure that the agent is an experienced and a genuine one as there have been cases where people have been duped by fake agents.

If you want to finance the purchase of your house, then there are various finance options available including financial institutions who offer high-value housing loan which can be paid back in a long tenor. This makes repaying back the loan less of a burden.

Additional Read: How to start Investing in Real Estate

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Buying a Flat in Mumbai? Check out the Top 5 Localities for Residential Purpose

Buying a home of their own is every individual’s dream, but where would that home be is a personal choice. However, when talking about buying a home in Mumbai, there’s hardly anyone who wouldn’t like the idea irrespective of what their personal preferences are.

• The ROI is exceptionally high. 
• Besides, Mumbai is one of the best places in India if one is to live there themselves. 
• Plus, the income from rental properties in Mumbai is quite high compared to other cities, almost twice. So, that’s one more good reason to buy flat in Mumbai.

Having said that, one must make sure the location of the house a.k.a the locality is good. The locality must be:-

1. Safe, especially if you’re buying the property for self-occupancy and you’re a family man. This is to ensure you’re a family is safe and comfortable in your newly bought home while you’re outside.
2. Has a high property value appreciation rate. This goes without saying for people buying a flat in Mumbai for investment reasons. Higher property value appreciation rate would guarantee a higher ROI and vice versa. you can buy a flat in mumbai with Bajaj Housing Finance Home Loan. Home loan in the best financing option you buy a home in mumbai.  

Accordingly, below are some of the best localities to buy residential property in Mumbai.

1. Bandra
2. Andheri
3. North Mumbai
4. Juhu
5. Goregaon

Bottom line: Irrespective of where (from the above list) you decide to buy the property, make sure the 2BHK or 3BHK flat in Mumbai you’re buying is
(1) RERA verified,
(2) the real-estate developer or the broker is registered with RERA and
(3) the property is available with instant home loan facility.

Additional Read: 3 Things You Should Check Before Buying a Property in Mumbai

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