Showing posts with label property in bangalore. Show all posts
Showing posts with label property in bangalore. Show all posts

Tuesday 27 October 2015

Independent house or apartment? Choice is yours



Given a plethora of choice, it is natural to get confused. Deciding between purchasing an independent house or apartment is one such case since they come in a variety of designs, layouts, facilities, budgets and sizes. Bangalore city even though thickly-packed with houses, villas and flats has never let down its residents when it comes to comfortable and peaceful accommodation.  It is easy to find a living space suitable for all, but it is you to make the pick the type of housing unit, in your preferred area.

Apartments in bangalore are highly sought after for various reasons. Security is one of the primary reasons that has influenced buyers to purchase flats in this city. Almost all apartments are guarded well by security personnel ensuring safety to the inmates at all times. This metro encourages community living where families share a community park, hall, children’s play area, jogging track, gym and many more. Inmates enjoy celebrating festivities of different customs in common and appreciate each other’s interests and hobbies. Children growing up in such social conditions learn more than one language that helps them do well in all spheres of life. When compared to independent houses, apartments come at a reasonable value even if located in a well-developed area; nearby schools, hospitals and colleges. Apartment occupants can also stay relieved from repairs if any that might arise during their occupancy period as the maintenance staff apointed by the building association attends to the problem and resolves in no time. Loans for such buildings can also be easily obtained without spending much effort and time as most of the constructors have tie-ups with leading banks. Buyers can even have their flat modified according to their needs if booked during the early stages of construction.

Independent houses have their own merits. Buyers have the freedom to make decisions at all levels of construction be it planning, interior and exterior designing or altering the structure at a later date. Pet lovers can raise their pets without  having to worrying about the displeasures of others. The same way the need to share a common wall with others will also be eliminated. Since land prices keep appreciating whereby increasing the value of the building, owners can stay assured of their investment fetching good returns if they chooses to sell the property at a future date. Independent house for sale in bangalore is a big hit espcially among gardening enthusiasts as it helps them unleash their creativity at its best while flats for sale in bangalore are favored by gregarious souls.
 
This is not all, there is another option too known as the ‘Villas’. These structures combines the benefits of both independent houses and apartments especially when it belongs to a gated community. Not only do they provide a secured living space with all desired amenities at a nominal value but also provide the much required flexibility of modifying or extending the living space. Certain projects even come inclusive of shopping malls and banks inside the campus that these types of villas are a big hit among affluent and elderly segment too.

Friday 16 October 2015

The Real Estate Scenario in Sarjapur Road Bangalore



One of the fast-growing suburbs around Bangalore city is Sarjapur. Located in the south east of the city, this locality is now the hub of IT companies and manufacturing industries. The growth of IT and IT-based companies in this area has led to the spurt of development of residential flats and apartments. This is because most of the people who come to work in these companies are not natives of this city, but come from all over the country. So, all of them are looking for hostels, PGs, and houses for rent. They prefer to look for a place that is close to their company as it reduces the daily commute. Moreover, the cost of living in this suburban area is less compared to living in the city.

Let’s take a detailed look at the real estate scenario in Sarjapur Road Bangalore. If you are looking at the availability of commercial space, Sarjapur has plenty to offer. There are ample number of Grade A offices suitable for large companies. Plus, there are many commercial building projects in the pipeline. The biggest advantage for real estate development in Sarjapur is that there a lot of space to move. Buildings, either residential or commercial, cannot be constructed unless there is space. With the spaces in the city and the other suburban areas slowly filling up to the brim, the overflow is gradually moving towards Sarjapur road.

IT companies like Cisco, Wipro, HP, Cape Gemini, Accenture and Infosys have their offices in this locality. These companies have brought with them an influx of new residents. There are nearly 2 lakh employees working in these companies. So, there is a demand for 1 BHK and 2 BHK homes in this area. The emergence of the residential areas have also led to the growth of hospitals, malls, shops, banks, ATMs and other types of commercial establishments.

As the property values in this area is affordable when compared to the other parts of the city, many of the employees are even purchasing property instead of just going for rent. Taking into fact that Sarjapur has a sharp appreciation value, investors are confident that they will get good returns on their investment.

Connectivity is one of the most important reasons for the development of this locality. Located on the Outer Ring Road, Sarjapur can be easily accessed from the city or other suburban areas. Plus, it is easy to travel to Kolar, Hoskote, and Hosur (to Tamilnadu) via the National Highways. So people who have come from other states or other parts of the state find it easy to travel to their home town.

Statistically if you check the real estate in Sarjapur, you will note that it has seen an appreciation of nearly 7 percent over the last year. The property value has also been steadily increasing over the years. On the whole, the real estate scenario in property in Sarjapur Road Bangalore looks promising. With many construction projects in the pipeline and the development of the IT clusters, this place is sure to develop further in the coming years.