Time to buy property in Bangalore
After a few weeks of hunting for an apartment to buy, I have come to a realization that we should have started looking out for one 6 months ago. The prices have skyrocketed and continue to go up.
The apartment buildings are huge and come will full amenities - club, pool, park, gym etc.
The prices around our area are Rs.3000 per sq ft. A 2000 sq ft apt would run up a bill of Rs. 80L ($180K) including car park, maintenance and 12% tax. The prices are going up drastically. In our area, the prices were in the Rs.2200 per sq ft range 1 year ago.
Prime localities can run up fro Rs. 3500 - 4500 per sq ft.
If you are looking to move back, or looking for a good investment, buying property in B'lore is definitely worth a second look
Checkout Brigade Group's website http://www.brigadegroup.com/apartments/
Other popular builders are Sobha, Prestige, Poorva and Mantri