What will be the drawbacks in low budget houses in Bangalore?

Living in a low-budget house in Bangalore is good way to start your investments in the city. However, if you are looking for a long-term return from the low-budget homes, or planning to live in it yourself in the future, they lose their charm.

Here are 5 drawbacks witnessed in the low-budget houses in Bangalore.

  1. Low cost, but high maintenance

Low-cost houses are invariably the ones that will be made using low-cost materials—concrete, bricks, paints, steel and wood. Once complete, they do look alluring to prospective buyers, but do suffer from troubles. The expense that goes in their maintenance is hefty.

  1. Require 5-yearly assessment

The local developmental authorities have strict guidelines on low-cost housing societies. They have to be assessed for quality of construction, stability and service every 5 years. In case the project fails to deliver as promised, it might be scrapped or laid out on a redevelopment plan after 5 years.

  1. Home warranties may not be applicable

Taking a step ahead from the 5 year assessment, low-cost house for sale may not be covered in the Home Warrant schemes. It could be an additional overhead on the buyer if there is a maintenance issue related to wall cracks, plumbing and flawed flooring.

  1. Limited large house options

Single independent houses for sale in Bangalore for 30 Lakhs might seem an alluring offer, but it wouldn’t be as big as you want a villa, bungalow or row house to be. In fact, independent houses in this range feature at most 2 BHK with small storage and a terrace. Maximum size of the house will be between 650 and 1100 square feet.

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  1. Far-flung localities

In Bangalore, top low-cost houses are available in localities like Hongasandra, Kambipura, Amruthahalli Bommanahalli, Narayanapura-Hennur Road, Bagalur Road and Varthur; which don’t exactly fall under the city centre limits.

The real estate market in Bangalore has come a long way and the lands on the outskirts of this city like are showing rapid development now, say property experts at Property.Sulekha.com.

There is a gradual increase in the property price in the city of Bangalore for the past few years, due to the mushrooming of IT companies here and the resulted real estate boom.

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