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...