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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2 comments:
wah keren banget infonya.jadi pungin memulai invest..
http://ardiands.blogspot.com
Your post is really providing good information
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