Which locality is better to buy a flat in Bangalore?

Many people migrating to Bangalore from other cities and states for better career perspective and education. Bangalore, the IT capital of India, promises far more than you imagine. The maritime climate, great career opportunities, education and schooling facilities, are just a few to mention. For the same reason, the real estate market of Bangalore is soaring high.

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There are many choices for calm residential areas in Bangalore. Sarjapur is one such place. It is the heart of Bangalore, the hub of IT companies and a highly booming place. Due to the wide population and increasing demands of the people, many sky-scrappers have also come up in this area. Vicinity of Ring Road connects Sarjapur Road to Whitefield and other posh areas like Koramangla. Popular residential complexes, apartments and buildings have made Sarjapur a much preferred residential area in Bangalore city.

Are you looking for a flat or house?

Are you looking for a house or a residential apartment to start your dream life? There are many choices of both individual houses and flats in Sarjapur road.  You can contact a reliable property agent who can show you the flats within affordable rentals or with best buying rates. Online real estate marketplaces like Property.Sulekha.com are also the best bet for your property hunt.

Sarjapur Road now houses several popular residential localities like RBD Layout, Springfields, Greenwood Regency, Purva Sunshine etc. The place also boasts of several international schools like Prakriya Green Wisdom School, Indus International School, etc Since Sarjapur road is quite an old place in Bangalore, the rates of apartments and the rentals of the flats are within affordable range.

Sarjapur road is one of the best places for real estate investors today. There is a wide range of common apartments as well as luxurious featured projects to choose from. The price range of this 2BHK apartments starts somewhere from 50 lakhs and it can cross 1.5 crores as well depending on the location, square feet area, interior decoration, basic amenities and other additional facilities. The prices of these apartments are, however, very competitive. The booming IT industries are one of the main reasons there is a high demand for 2 and 3 BHK apartments in Bangalore.

Decide your budget, prerequisites and set out to find your dream house in Sarjapur Road, Bangalore.

Choose your own property in Hyderabad

For a number of city dwellers, being the owner of a home remains a remote dream. Exorbitant property prices force them to reside in rented houses as an alternative. But now numerous happenings and developments have been taking shape, which could in a little while turn their dream into certainty.

The government’s demonetization move had a cooling impact on some pockets of the property market in India. The experts in the industry predicted that the housing market would go through a lull during the next few months when the recent developments would take their toll. Homebuyers will find property prices coming down and this will offer them an opportunity to make their move say experts at property.sulekha.com.

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Cities that boast a stable economy, as well as multiple opportunities for employment, will be the top options for homebuyers in the reasonably priced segment. Cities such as Mumbai, Bangalore, Pune and Hyderabad are expected to see constant demand for reasonably priced housing projects at some point.

The office market of Hyderabad has been in transition and the owners of properties forcefully augmented rents because the availability of office space reduced with the enormous growth of IT occupiers. Demand should be complemented by supply in the short term.

For homebuyers, this might be a good opportunity to find a deal, particularly ready to move-in projects, since property prices are expected to experience a sliding pressure and some sellers might show extra willingness to negotiate and reduce the property prices. As a result owning properties in Hyderabad will be far more trouble free.

Demonetization may really be a boon for the buyers who have been searching for luxury or high-end properties. This segment will be highly impacted in terms of pricing. In the segment of luxury housing, normally the cash component is very large as a number of buyers press for using cash. But due to the government crackdown, this segment will witness a dip in sales, heading to cuts in price.

Earlier, developers were more interested in providing solutions in the premium segments as they were hopeful of high demand in this space. But now there has been an obvious change in demand from large ticket purchases, typically conducted by investors, to purchases done by end-users who at present comprise about 90% of would-be homebuyers. Therefore, builders are more and more moving their concentration to the segment of the affordable housing. Prices have come down in the majority of the cities and developers have brought in incentives and schemes making deals more rewarding.

Owning an apartment in Whitefield for future

If you are wondering whether it will be good to own an apartment in Whitefield for future and whether the return will be good if you want to the sell the property in future, go on reading the following. The growth of the city of Bangalore has been connected to the growth of IT (Information Technology) and the IT enabled services industry in Bangalore. The major parts of the city’s suburbs have been influenced by the IT sector growth and Whitefield, situated in Eastern Bangalore, has transformed radically.

In Bangalore one of the initial settlements was Whitefield, the history of which reverts to the late 1800s when the Anglo Indian and Eurasian community established it as a settlement. Whitefield went on to be charming old world until the late 1990s when the IT sector boom converted this region into one of the most preferred suburbs of Bangalore.

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Investing in real estate in Whitefield is an excellent decision to make as it is one of the areas that have witnessed extremely strong demand for the last 15 years. Purchasing apartments in Whitefield is a brilliant idea too, as in this region an apartment can easily be rented out. Actually this neighborhood is best preferred for rentals by expats chiefly because it is nearer to the most important IT hubs.

The locality of Whitefield is very cosmopolitan and has numerous choices for shopping, for eating out, and for nightlife, says property sites like property.sulekha.com. There are many good schools in the vicinity and also several hospitals are being established here. A great number of big format retail outlets in the zone is another good thing about Whitefield. Besides, you can’t miss Brookefield, a high street, largely because a lot of national and international restaurants are situated there.

Whitefield has seen an infrastructure development post 2002. Two foremost 4-lane roads linking Whitefield with Bangalore have turned up. Moreover, the railway station of Whitefield is also nearby and the connectivity by bus is also superb in this section of the city. In Whitefield region, 3 huge malls have been set up together with several 5 star hotels.

The current capital values in this neighborhood vary from Rs. 3,800-4,500 per sq ft. Whitefield capital values have gone up by 32% year-on-year. In future, Whitefield will be covered by the metro project Phase 2 stage, and this will certainly move up capital values further.

Whitefield has attracted a number of investors and builders on account of the existence of good connectivity and IT parks. The region is developing at an enormous rate. A lot of dazzling and luxurious projects have been constructed here and many more to turn up. Here all the projects are vast and fascinating. Hence, observing the demand, development and rising property rates, it can be concluded that you will get huge returns in future.

Digitize Properties in Noida

When it comes to buying and selling properties in India one obstacle everyone faces is the redtapism in the corporation, village or taluk offices. The menace can be mind-numbing and there has always been a clamour for digitizing the properties so that the reptapism could be wiped out.

And the Noida authority has put the best foot forward in digitizing the properties in Noida. This was much-awaited and the general public has received the development with both hands. Now, there is no need to go before a government official and waste your time, just click and get things done.

What’s the status of the process?

The digitization of Noida properties, including commercial, institutional and industrial, is on and the process will be completed by June and to date 16,300 properties have been digitized.

The soft launch of the digitized properties has been carried out. The allottees can get a username and password, and avail the services and get all the relevant information relating to Noida properties from the site. As the portal could be accessed 24×7, the public could do business any time at their convenience.

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What are the advantages?

The digitization can usher in transparency with minimum interface with the allottees, say experts at property.sulekha.com. With digitization, the allottees will be able to avail a number of services such as mutation, transfer of property, registration of property, completion certificates, payment of building tax, among others, without any hassles. All payments relating to properties could be made through the portal and the allottees can electronically communicate with the authorities concerned. For all the payments made, the allottees will get electronically generated receipts.

The website will also list land available for industrial and other purposes. In future the website would also feature Online Building Map Approval Process System. This system will expedite building plan compliance check in accordance with the prevailing laws in Noida.

Conclusion

This step by the Noida authorities will augur well for the future and should be replicated in others regions of the country. The positive side is that, as noted earlier, there is more transparency in the transactions and there is no need to grease the palm of the authorities concerned to get things done. Digitization of properties is the best way to eradicate corruption in property dealings.