Dec 9, 2014

Feel Rich Again; Tips to Invest in Bangalore’s Luxury Real Estate Market



Real Estate India is gradually coming out of the ‘black dark clouds’ and is moving towards a new revolution. The reasons to rejoice once again are basically two; Union Budget 2014-15 clauses and the new eased out FDI rules. Regions and especially the metropolitan ones will be blessed to see more and more investors. Amongst all the developed cities, the one which will be positively affected is Bangalore. The reason being that the city is extremely developed, witnesses a high migration rate and an apt breeding ground for new businesses in industries like aviation, manufacturing and IT.

The elite or the high income group will have a high purchasing power and thus would definitely want to put in money to reserve for them, luxury assets. However, the investment has to be done in a correct way. Here are some of the fool-proof investment tips for the elite in Bangalore:



1.Discover the Favorable Location

Many investors commit a very common mistake of finding and nailing down the deal over a house nearer to their people or probably to work place. However, there could be localities a little far that can be extremely favorable from a house point of view and also less burdening on pocket. There are areas that are highly developed and have just the apt proximity from social as well as commercial infrastructure. The high income group people who are looking out for houses in Bangalore can go for regions like Whitefield, Sarjapur Road and Rammurthy Nagar, to name a few.

2. Touch Base With a Good Real Estate Agent

The upscale housing segment in Bangalore is gaining momentum and is gradually fetching the same sheen, as earlier. The investee has to take care of each and every rupee as there are a number of options in the market. It is therefore advisable to search and talk to few real estate agents in the locality. These people know the business better and have been into each and every property. Therefore, taking help from them before signing the dotted line can be advantageous. 

3. Do a Good Research

Bangalore is a huge city and so is its property market.  It is therefore advisable to do a good research alongside. The idea is to not get dependent on agents and on what people around say. The trick is to do a thorough research on the real estate market and the current economic scenario. This will really help the investee to decide well on a given region and the properties available. You can also take help from the internet to know about hot shot properties.

4. Buy Before the Prices Elevates Again

Villas in Bangalore can be dead expensive as the demand is just about fine. The business growth rate is mushrooming at a good rate and thus the realtors are focusing more and more on independent luxury houses here. However, it is advisable that the investee should keep a tab on the price trends and incur in money at just the right time. The buyer will definitely be pleased with equity if the investee can get a bargain before the prices rise again.

5. ‘Hurry Waste Curry’

Going by the proverb can be beneficial for the investee. Villas and luxury houses are large and the amenities offered are intricate. Therefore, proper inspection should be done before nailing down the offer. The investee can inspect alone or can take help from friends and acquaintances to known about the home and the neighborhood, completely. This will help the individual to invest at the right place and with the right people.

Verdict

Bangalore’s real estate market is highly dynamic and has lot to offer to its people. The elite crowd can have a good life as there are a range of houses and luxuriously built villas in the city.

Author Bio:
Vineeta Tiwari is a keen writer on Global Economy and Realty market. She has written articles on Global realty market and ongoing trends and tips for investors. Currently, she is professionally associated with popular realty portal, 99acres.com.
 



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1 comment:

ardiands said...

wah keren banget infonya.jadi pungin memulai invest..

http://ardiands.blogspot.com

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