Residential Real Estate Properties in Bangalore

There is some mixed news coming up in the property market as of now. With the recent recession in the last year and unrealistically high prices set by the property brokers, as much as for as 4.4 lakh homes went unsold in almost seven metropolitan cities around the end of 2017. The property consultant JLL did a study across all major cities and they found quite a medley of facts that the upcoming buyers can utilize to their advantage: Almost all major cities like Chennai, Kolkata, Mumbai, Delhi, Pune, Bengaluru , and Hyderabad are on the list where there was a lot of unsold property still viable for the market this year. There are almost 40,000 properties available which are fully furnished and can be rented immediately within a short notice as soon as the deals are done. Thanks to GST, a lot of taxes were being adjusted due to which most buyers were cautious before making a move, however now with a lot of clarity, the prospective buyers may want to shift their gears and fin...

The recent crackdown by the Government of India on the real-estate fraudsters has created a small burr in the sales and launch of new projects. The recent modifications in rules and regulations, such as Goods and Services Tax(GST) and Real Estate Regulatory Authority (RERA) has kept the home buyers in the dilemma for a very long time. Now, as a matter of fact, there are many other reasons that these days, the home buyers prefer ready-to-move apartments over under-construction units. Some of the reasons have been listed below: Delayed Possession: This reason is the front runner among all the other reasons which prompt buyers to purchase ready-to-move-in projects. There are several cases in India, where projects have been delayed for several months and even years. This is the main reason why ready-to-move apartments are always a preferable choice for home buyers. Financial Burden Due to High Rentals: Now, when a person purchases an under-construction property he h...

After the change of government and new measures introduced to curb black money, there have been many changes in the economy, and chiefly in the real estate markets. There have been other significant measures taken too, for example the RERA and the GST. The cumulative effect of the trio has caused a huge impact on the market, and has changed dynamics greatly. After a very long interval of time, the real estate properties have exuded out of the eclipse of loss, and have moved to the house of gain. This of course was possible because it was backed by RERA strongly. Present market scenario: It is to be noted that an effective 10-15% rise in the property sales happened because of the strict rules and regulations of RERA, and even though there is hint of recovery in the market, it can be noted that the entire scenario is still in the favor  of home buyers. The effect of demonetization has not still waned. The market is equipping itself to the new norms of RERA, parti...

Located at a completely dirt-free area, Prestige Jindal City Apartments in Tumkur Road Bangalore is on its way knitting one of its dream residential developments with in-built exclusive amenities for dwellers looking for healthy and happy living in the pompous city.  Being located within a very close vicinity of Jindal Hospital, the project site claims distinctive advantage. Plan comprising 1 BHK, 2 BHK and 3 BHK residential units will suit the needs of the residents. As far as the price of Jindal City Project is concerned, it promises to be the most competitive, suiting budgets of the dream-home-seekers. Located at Tumkur Road in the North-west of Bangalore, Prestige Jindal City is one of the biggest projects encompassing more than 30 acres of treasured lush green cover. Abundant fresh air and sunlight surrounding the entire enclave undoubtedly assures a charming experience. The Prestige Property at Tumkur Road is going to project a mini city within a big city f...