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...
The city of Bangalore offers splendid residential properties at various price tags so as to cater to a wide base of buyers. The Real Estate sector of this mega city has always been vibrant. A buyer can avail units of various configurations - 1,2,2.5,3,4 and 5 BHKs apartments, villas and row houses, with utopian amenities which will make his life a tad bit easier.