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sreenu 2021-09-21
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The confusion is understandable and there are several factors to consider before you make a decision.

The area though developing by leaps and bounds still retains the charm of classic Bengaluru which is what makes it a dream for many residents and investors.

Mahendra homes are one of the best properties in electronic city phase2.Real EstateSouth Bangalore has been a favorite for real estate investment from several years, especially for the middle- income sector.

There has been a significant appreciation of the price ranging from 30 to 60% in the past 3 years.

The micro-markets which are situated near the NICE road are now gaining a lot of momentum due to the comparatively cheaper land price and increasing demand due to the IT hubs and industrial belt at Jigani.ConnectivitySeveral developmental projects have been undertaken to increase the connectivity along with the Namma Metro line.

The upcoming Hosur Airport is just 27km away from Electronic City via NH-48 and it would be wise to invest in the properties in Electronic City, Phase-2 as this facet is definitely going to increase the value of the property in the future.

collect
0
sreenu 2021-07-05
img

Just when you thought, you have ticked off all the right boxes like the location, infrastructure and the reputation of the builder; you are now faced with the dilemma of whether to go for a lower floor or a higher one.

The cities infra projects are going to be a boon to the sector thus propelling demand.

This fact has been substantiated by a recent report of Knight Frank India.According to the report, key transit infra projects including metro and railways are going to assist in the development of real estate across 24 key locations.

Their recent report titled, ‘Bangalore Urban Infrastructure Report 2020–A Comprehensive Take on Major Transit Oriented Infrastructure Projects with Key Impact Markets’ speaks of the impact that the existing transport infrastructure projects have on the real estate sector.

It is quite common knowledge that Bangalore is the start-up capital of the country ushering in innovation and employment opportunities.With the advent of smart homes, it may not be too far before your luxury apartments in Bangalore does this for you.

Buying a property in Bangalore is a huge decision to take that requires considerable thought and proper planning.

collect
0
sreenu 2021-06-23

Since 2020, there has been a complete change in most of our schedules with a large section of the population having been offered work from home Our day starts with an online workout session with our instructor after which our zoom meetings with our colleagues start.

All these activities require sufficient utility and living space which is why convenient realty is the new buzzword in the real-estate sector.

With a large chunk of the working population having settled in the area, this belt has seen a rapid development in infrastructure making it one of the most sought-after areas.

Due to this, the area has seen a surge in developers like Mahendra Homes who have always been ahead of their time and have developed convenient homes much before it was a word.

All their flats in electronic city are equipped with 77% open space along with zero walls sharing thus enabling you the convenience of privacy and adequate space for your activities.With the lockdown having forced most of us to be heavily dependent on technology, it is important that you ensure that power is not a problem.

At Mahendra Aarna, you have power backup to enable you to work peacefully and not make your child miss out on their online classes.

collect
0
sreenu 2021-05-28
img

According to a survey by a real-estate portal, a whopping 84% of the Indian homebuyers have no clue on how to check the quality of a construction.

They tend to expand, swell and shrink based on the moisture content present.

Ask for a copy of the soil test report before you finalize that flat in Electronic City Bangalore.Check the wall’s thicknessTo know the wall thickness, first try to make a hole in the wall using a key.

If you succeed in making one with limited effort, you can conclude that the material used is of inferior quality.

Another technique is to tap on the wall and observe the quality of sound that it makes.Check the quality of plaster and paintsOne can know the quality of the construction material used by observing the presence of roughness or cracks in the wall, if any, once the plastering and painting are done.

Also, you can rub the plaster from the walls to assess the quality.Ensure that the safety features are in placeEnsure that the size of your stairway is wide enough that at least two people to run alongside in case of an emergency.FixturesThe builder may say that your property for sale in Bangalore has the best fixtures possible but you have to check if the bathroom fittings, wires, electrical fittings, etc.

collect
0
sreenu 2021-08-11

After a long tiring day, if all of us manage to go to a clean home with a warm bed and a hot meal, to whom do we give the credit?

To know why read on!Private terrace gardensIf the lady of your home loves to garden and grow food for the family, these flats in Electronic City would be perfect for her.

At Mahendra Aarna you will find private terrace gardens for select flats.GymMost homemakers tend to have busy schedules especially in the mornings and going to a gym is not easy unless it is right inside the premises.

With a gym in the middle of the community, she will have time to focus on her health.Jogging TrackFor the ladies who are not very comfortable exercising in a gym, this apartment in Electronic City has a jogging track for her where she can get her daily dose of sunshine.Unique AmenitiesEvery individual needs some time for themselves and being a homemaker doesn’t necessarily mean that they get tied to their homes.

This thought has led us to incorporate amenities like various sports courts, an infinity swimming pool, a library, etc thus ensuring that there is a provision for each hobby.Distance from Recreational FacilitiesSitting at home, all day long could be very tiring for your partner.

This apartments in Bangalore is home to several recreational facilities and even has a shopping mall coming up in the area namely M5-ECITY.

collect
0
sreenu 2021-07-02
img

This is a question that has plagued several generations before us.

You may want to invest in the stock market as everyone around you seems to be doing it and it doesn’t take much of your time or money to purchase stocks.

Investing in stocks or in upcoming properties in Bangalore is purely a personal choice that is dependent on your finances, tolerance to risk and financial goals.Buying stocks means buying a small part of the company.

There are several factors that you need to consider before you make a decision.Additionally, you can harm yourself when you do not diversify your holdings.

Due to the high volatility, there are chances of panic selling resulting in a capital gains tax thus increasing your tax burden.

When it comes to real estate, one of the major mistakes that most buyers do is not doing their research well.

collect
0
sreenu 2021-06-17

What was meant to be a remarkable year for the real estate sector, 2020 proved to be quite the damper.

A series of structural readjustments coupled with the COVID-19 pandemic and the resultant lockdown has led to a standstill for several upcoming apartments in Bangalore.

With the second wave, things may not appear to be bright but things are getting better due to the ongoing vaccination drive and the gradual unlock of the economy.

Additionally, the low interest rates have been quite motivating for buyers.There has been an increase in the number of people seeking a property for sale in Bangalore.Bangalore’s residential market is slowly getting back on its feet and is all set to become one of the most sought-after destinations in the country.

According to the report, key transit infra projects including metro and railways are going to assist in the development of real estate across 24 key locations.

Their recent report titled, ‘Bengaluru Urban Infrastructure Report 2020–A Comprehensive Take on Major Transit Oriented Infrastructure Projects with Key Impact Markets’ speaks of the impact that the existing transport infrastructure projects have on the real estate sector.It has been estimated that 127km of metro and 270km of road projects are in various stages of construction.

collect
0
sreenu 2021-05-20
img

While looking at the real-estate section for flats for sale in Bangalore electronic city, you must have come across the term OC Obtained Projects in Electronic City.

The occupancy certificate is issued after the completion of the building and is an indicator that the property has been built as per the government norms and local laws and that it is ready to be occupied.

This certificate is what secures the legal status of your property and safeguards your ownership rights.

It might be startling to know but a vast majority of the residential apartments in Bangalore have been occupied by the residents without an occupancy certificate due to which they are facing several legal hurdles.Complications of buying without an OCWithout an OC, the local authorities can initiate action against you and you may have to face the following repercussions.

You will not be able to procure a home loan or resell your flat in Electronic City Bangalore without authentic OC.Your water, sanitary and electric supply can be cut off without any mercy in the absence of an OC.How to procure an OCYou can obtain an OC from your local bodies by submitting an OC application form along with the following documents.Completion CertificateCompletion CertificateNOC for Fire and PollutionBuilt and Section PlanPhotographs of the Completed BuildingArea calculation Sheet of the floor signed by an authorized architectCopy of the Sanctioned PlanTax Assessment with Tax Paid ReceiptPhotographs of Rainwater harvesting and Solar PanelsLegally, the builder should submit the OC application to the municipal commissioner within 30 days of the completion of the property.

After the submission is completed, the authorities would come to inspect your residential apartments in Bangalore and confirm if all the norms have been adhered to in its construction.How to applyIf needed, even you can apply for an OC as the flat owner.

collect
0
sreenu 2021-07-19
img

As notified by the government, commercial, residential and plotted development projects which have not received the completion certificate, projects measuring more than 500 sq mts or 8 units, will come under the RERA.RERA has helped the builders by reinstating confidence in the investors which has resulted in greater institutional capital inflow in the long run and there is a new image created for the revival of the industry.

The elevated expressway has reduced my commute time to a great extent.

The planned Peripheral Ring Road project in Sarjapur is yet to take off due to the ongoing resistance from the farmers.

The cities infra projects are going to be a boon to the sector thus propelling demand.

The Metro rail connecting to Silk Board has been touted to be one of the most important infrastructure projects as several areas like Electronic City would be benefitted from it.

According to the report, key transit infra projects including metro and railways are going to assist in the development of real estate across 24 key locations.This is a dilemma that most second homebuyers face when they start looking for potential sources of investment.

collect
0
sreenu 2021-06-29
img

If you are looking for flats in Electronic City, you can’t go wrong with Mahendra Aarna, which has over 744 apartments, across 3 Blocks and 6 Towers, available for you to choose from.

It also has over 40+ amenities to choose from.

This is where you sleep at night; spend your weekends relaxing, and where you build your family.

They are the needs that you can easily fulfil in your pursuit of happiness.

You want to be surrounded by nature, so you can exercise in the outdoors, play with your children or take your pet for a walk.

Make sure that you gather as much information as possible about their previous projects, quality of construction, whether they have managed to deliver their projects within the promised timelines and whether they have rainwater harvesting measures in place.

collect
0
sreenu 2021-06-16
img

For a story written in the fifties, this is some pretty advanced science fiction which most people would have scoffed at in its time but we are now soon edging towards it in reality.

Yes, you heard it right!With the advent of smart homes, it may not be too far before your luxury apartments in Bangalore does this for you.

A smart home is a home setup where you can control the temperature, appliances or any device in your home with a simple touch.

So, how is it going to improve the quality of your life?According to a research by the U.S Department of Health and Human Services, exposure to bright artificial light in the late evenings can disrupt your melatonin production and prevent you from getting a good night’s sleep.

Generally speaking, warmer light has been proven to less disruptive a few hours before bedtime.

Smart door locks are another feature that comes extremely handy when you have locked yourself out of your property for sale in Bangalore which happens to almost all of us at least once in our lifetime.

collect
0
sreenu 2021-05-19
img

To buy or to rent is a never-ending dilemma for most of us.

While the prospect of buying apartments in Bangalore does sound enticing, the fear of monthly EMI’s looms large upon us.

You may have read several articles regarding how renting trumps buying any day.

This pandemic has taught us the biggest lesson that big or small; you need to have your own home where nobody can move you out and where you can be protected from deadly viruses even.

Despite this, you may have heard arguments that the money saved by renting properties in Bangalore is greater when compared to the costs of owning a house and can be used to invest in stocks or mutual funds.

But, beware; the stock market is a highly volatile place when compared to real estate which is known to give much stable returns.

collect
0
sreenu 2021-07-07
img

According to a recent consumer survey by ANAROCK, a whopping 43% of homebuyers now prefer living in the peripheral areas while 28% prefer homes in the city limits.

When probed further, it came to light that the recent work from home culture has propelled residents to opt for larger spaces that can function as multi-utility spaces to accommodate their workstations and their child’s study space.

According to JLL’s Home Buyer Preference Survey 2020, over 90% of the prospective buyers who were surveyed wanted a study room to ensure maximum productivity.Proximity to the workplace which was considered a key factor while buying a home has now taken a backseat thanks to the work-from-home culture.

Rera approved projects in Bangalore like Mahendra Aarya have equipped themselves well with these facilities to ensure that everything is at your disposal.The report also states that there has been a shift in the attitude of millennials or those aged between 25-40 with more number of them preferring to buy rather than rent.

The data further reveals that the rental outgo for a tenant living within the city limits for 5 years equates to 27.52% of the total property cost in the peripheral areas of Bengaluru.

Keeping with the trend of large spaces; there has been a drop in demand for one-bedroom houses even in several luxury apartments in Bangalore.

collect
0
sreenu 2021-06-25
img

Whether it is the cute 2BHK or the seemingly spacious 3BHK flats in Bangalore, the decision is never going to be easy as a lot of questions need to be answered first before you zero on your choice.

This is a question that plagues every new homebuyer.

Unfortunately, there is no straight answer to this question as it depends on several factors.

But, worry not for we here are there to help you clear your confusion and assist you in making an informed choice.

Is it for residing in it yourself or purely for a rental purpose?

The capital appreciation is high and 2BHK’s have higher chances of being resold when compared to a 3BHK.

collect
0
sreenu 2021-06-03
img

Home buying is not an easy task.

Just when you thought, you have ticked off all the right boxes like the location, infrastructure and the reputation of the builder; you are now faced with the dilemma of whether to go for a lower floor or a higher one.

So before you close the deal on those luxury apartments in Bangalore , we have curated this list of pros and cons for you to make an informed decision.So, which floor is better?By living on a higher floor, you can expect to have a breathtaking view from the balcony of your flat in Electronic City Bangalore while you enjoy your morning coffee.

But, there are residential apartments in Bangalore like Mahendra Aarna that have been so designed that no matter on whichever floor you choose to stay, your privacy is guaranteed.

Some homebuyers are of the view that higher floors are more secure as ground floors and second floors can be accessed much easily by thieves.

If you are planning on moving to a lower floor, ensure that the security arrangements are top-notch.However lower floors have an advantage when it comes to emergency fire evacuation or when your elevator is not working.

collect
0
sreenu 2021-05-10
img

According to a recent report by the Joint Centre for Housing Studies of Harvard University, the number of people in their 30’s who would own a home will increase by 2.7 million over the next decade.

Additionally, about 60% of first-time homebuyers are millennials.

If this is not enough, a 2018 Bank of America Survey states that more than 72% of millennials consider buying a home as their top priority.

After all, you wouldn’t want to fall in love with a house that you can’t afford or miss out on the perfect house because you were unsure of how much you can spare.

This is why you should focus on the location and check the infrastructure.

Things like proximity to your workplace, your child’s schools, groceries and pharmacies matter a lot and infrastructural amenities like the metro help to push up the investment value higher up.

collect
0
sreenu 2021-09-21
img

The confusion is understandable and there are several factors to consider before you make a decision.

The area though developing by leaps and bounds still retains the charm of classic Bengaluru which is what makes it a dream for many residents and investors.

Mahendra homes are one of the best properties in electronic city phase2.Real EstateSouth Bangalore has been a favorite for real estate investment from several years, especially for the middle- income sector.

There has been a significant appreciation of the price ranging from 30 to 60% in the past 3 years.

The micro-markets which are situated near the NICE road are now gaining a lot of momentum due to the comparatively cheaper land price and increasing demand due to the IT hubs and industrial belt at Jigani.ConnectivitySeveral developmental projects have been undertaken to increase the connectivity along with the Namma Metro line.

The upcoming Hosur Airport is just 27km away from Electronic City via NH-48 and it would be wise to invest in the properties in Electronic City, Phase-2 as this facet is definitely going to increase the value of the property in the future.

sreenu 2021-07-19
img

As notified by the government, commercial, residential and plotted development projects which have not received the completion certificate, projects measuring more than 500 sq mts or 8 units, will come under the RERA.RERA has helped the builders by reinstating confidence in the investors which has resulted in greater institutional capital inflow in the long run and there is a new image created for the revival of the industry.

The elevated expressway has reduced my commute time to a great extent.

The planned Peripheral Ring Road project in Sarjapur is yet to take off due to the ongoing resistance from the farmers.

The cities infra projects are going to be a boon to the sector thus propelling demand.

The Metro rail connecting to Silk Board has been touted to be one of the most important infrastructure projects as several areas like Electronic City would be benefitted from it.

According to the report, key transit infra projects including metro and railways are going to assist in the development of real estate across 24 key locations.This is a dilemma that most second homebuyers face when they start looking for potential sources of investment.

sreenu 2021-07-05
img

Just when you thought, you have ticked off all the right boxes like the location, infrastructure and the reputation of the builder; you are now faced with the dilemma of whether to go for a lower floor or a higher one.

The cities infra projects are going to be a boon to the sector thus propelling demand.

This fact has been substantiated by a recent report of Knight Frank India.According to the report, key transit infra projects including metro and railways are going to assist in the development of real estate across 24 key locations.

Their recent report titled, ‘Bangalore Urban Infrastructure Report 2020–A Comprehensive Take on Major Transit Oriented Infrastructure Projects with Key Impact Markets’ speaks of the impact that the existing transport infrastructure projects have on the real estate sector.

It is quite common knowledge that Bangalore is the start-up capital of the country ushering in innovation and employment opportunities.With the advent of smart homes, it may not be too far before your luxury apartments in Bangalore does this for you.

Buying a property in Bangalore is a huge decision to take that requires considerable thought and proper planning.

sreenu 2021-06-29
img

If you are looking for flats in Electronic City, you can’t go wrong with Mahendra Aarna, which has over 744 apartments, across 3 Blocks and 6 Towers, available for you to choose from.

It also has over 40+ amenities to choose from.

This is where you sleep at night; spend your weekends relaxing, and where you build your family.

They are the needs that you can easily fulfil in your pursuit of happiness.

You want to be surrounded by nature, so you can exercise in the outdoors, play with your children or take your pet for a walk.

Make sure that you gather as much information as possible about their previous projects, quality of construction, whether they have managed to deliver their projects within the promised timelines and whether they have rainwater harvesting measures in place.

sreenu 2021-06-23

Since 2020, there has been a complete change in most of our schedules with a large section of the population having been offered work from home Our day starts with an online workout session with our instructor after which our zoom meetings with our colleagues start.

All these activities require sufficient utility and living space which is why convenient realty is the new buzzword in the real-estate sector.

With a large chunk of the working population having settled in the area, this belt has seen a rapid development in infrastructure making it one of the most sought-after areas.

Due to this, the area has seen a surge in developers like Mahendra Homes who have always been ahead of their time and have developed convenient homes much before it was a word.

All their flats in electronic city are equipped with 77% open space along with zero walls sharing thus enabling you the convenience of privacy and adequate space for your activities.With the lockdown having forced most of us to be heavily dependent on technology, it is important that you ensure that power is not a problem.

At Mahendra Aarna, you have power backup to enable you to work peacefully and not make your child miss out on their online classes.

sreenu 2021-06-16
img

For a story written in the fifties, this is some pretty advanced science fiction which most people would have scoffed at in its time but we are now soon edging towards it in reality.

Yes, you heard it right!With the advent of smart homes, it may not be too far before your luxury apartments in Bangalore does this for you.

A smart home is a home setup where you can control the temperature, appliances or any device in your home with a simple touch.

So, how is it going to improve the quality of your life?According to a research by the U.S Department of Health and Human Services, exposure to bright artificial light in the late evenings can disrupt your melatonin production and prevent you from getting a good night’s sleep.

Generally speaking, warmer light has been proven to less disruptive a few hours before bedtime.

Smart door locks are another feature that comes extremely handy when you have locked yourself out of your property for sale in Bangalore which happens to almost all of us at least once in our lifetime.

sreenu 2021-05-28
img

According to a survey by a real-estate portal, a whopping 84% of the Indian homebuyers have no clue on how to check the quality of a construction.

They tend to expand, swell and shrink based on the moisture content present.

Ask for a copy of the soil test report before you finalize that flat in Electronic City Bangalore.Check the wall’s thicknessTo know the wall thickness, first try to make a hole in the wall using a key.

If you succeed in making one with limited effort, you can conclude that the material used is of inferior quality.

Another technique is to tap on the wall and observe the quality of sound that it makes.Check the quality of plaster and paintsOne can know the quality of the construction material used by observing the presence of roughness or cracks in the wall, if any, once the plastering and painting are done.

Also, you can rub the plaster from the walls to assess the quality.Ensure that the safety features are in placeEnsure that the size of your stairway is wide enough that at least two people to run alongside in case of an emergency.FixturesThe builder may say that your property for sale in Bangalore has the best fixtures possible but you have to check if the bathroom fittings, wires, electrical fittings, etc.

sreenu 2021-05-19
img

To buy or to rent is a never-ending dilemma for most of us.

While the prospect of buying apartments in Bangalore does sound enticing, the fear of monthly EMI’s looms large upon us.

You may have read several articles regarding how renting trumps buying any day.

This pandemic has taught us the biggest lesson that big or small; you need to have your own home where nobody can move you out and where you can be protected from deadly viruses even.

Despite this, you may have heard arguments that the money saved by renting properties in Bangalore is greater when compared to the costs of owning a house and can be used to invest in stocks or mutual funds.

But, beware; the stock market is a highly volatile place when compared to real estate which is known to give much stable returns.

sreenu 2021-08-11

After a long tiring day, if all of us manage to go to a clean home with a warm bed and a hot meal, to whom do we give the credit?

To know why read on!Private terrace gardensIf the lady of your home loves to garden and grow food for the family, these flats in Electronic City would be perfect for her.

At Mahendra Aarna you will find private terrace gardens for select flats.GymMost homemakers tend to have busy schedules especially in the mornings and going to a gym is not easy unless it is right inside the premises.

With a gym in the middle of the community, she will have time to focus on her health.Jogging TrackFor the ladies who are not very comfortable exercising in a gym, this apartment in Electronic City has a jogging track for her where she can get her daily dose of sunshine.Unique AmenitiesEvery individual needs some time for themselves and being a homemaker doesn’t necessarily mean that they get tied to their homes.

This thought has led us to incorporate amenities like various sports courts, an infinity swimming pool, a library, etc thus ensuring that there is a provision for each hobby.Distance from Recreational FacilitiesSitting at home, all day long could be very tiring for your partner.

This apartments in Bangalore is home to several recreational facilities and even has a shopping mall coming up in the area namely M5-ECITY.

sreenu 2021-07-07
img

According to a recent consumer survey by ANAROCK, a whopping 43% of homebuyers now prefer living in the peripheral areas while 28% prefer homes in the city limits.

When probed further, it came to light that the recent work from home culture has propelled residents to opt for larger spaces that can function as multi-utility spaces to accommodate their workstations and their child’s study space.

According to JLL’s Home Buyer Preference Survey 2020, over 90% of the prospective buyers who were surveyed wanted a study room to ensure maximum productivity.Proximity to the workplace which was considered a key factor while buying a home has now taken a backseat thanks to the work-from-home culture.

Rera approved projects in Bangalore like Mahendra Aarya have equipped themselves well with these facilities to ensure that everything is at your disposal.The report also states that there has been a shift in the attitude of millennials or those aged between 25-40 with more number of them preferring to buy rather than rent.

The data further reveals that the rental outgo for a tenant living within the city limits for 5 years equates to 27.52% of the total property cost in the peripheral areas of Bengaluru.

Keeping with the trend of large spaces; there has been a drop in demand for one-bedroom houses even in several luxury apartments in Bangalore.

sreenu 2021-07-02
img

This is a question that has plagued several generations before us.

You may want to invest in the stock market as everyone around you seems to be doing it and it doesn’t take much of your time or money to purchase stocks.

Investing in stocks or in upcoming properties in Bangalore is purely a personal choice that is dependent on your finances, tolerance to risk and financial goals.Buying stocks means buying a small part of the company.

There are several factors that you need to consider before you make a decision.Additionally, you can harm yourself when you do not diversify your holdings.

Due to the high volatility, there are chances of panic selling resulting in a capital gains tax thus increasing your tax burden.

When it comes to real estate, one of the major mistakes that most buyers do is not doing their research well.

sreenu 2021-06-25
img

Whether it is the cute 2BHK or the seemingly spacious 3BHK flats in Bangalore, the decision is never going to be easy as a lot of questions need to be answered first before you zero on your choice.

This is a question that plagues every new homebuyer.

Unfortunately, there is no straight answer to this question as it depends on several factors.

But, worry not for we here are there to help you clear your confusion and assist you in making an informed choice.

Is it for residing in it yourself or purely for a rental purpose?

The capital appreciation is high and 2BHK’s have higher chances of being resold when compared to a 3BHK.

sreenu 2021-06-17

What was meant to be a remarkable year for the real estate sector, 2020 proved to be quite the damper.

A series of structural readjustments coupled with the COVID-19 pandemic and the resultant lockdown has led to a standstill for several upcoming apartments in Bangalore.

With the second wave, things may not appear to be bright but things are getting better due to the ongoing vaccination drive and the gradual unlock of the economy.

Additionally, the low interest rates have been quite motivating for buyers.There has been an increase in the number of people seeking a property for sale in Bangalore.Bangalore’s residential market is slowly getting back on its feet and is all set to become one of the most sought-after destinations in the country.

According to the report, key transit infra projects including metro and railways are going to assist in the development of real estate across 24 key locations.

Their recent report titled, ‘Bengaluru Urban Infrastructure Report 2020–A Comprehensive Take on Major Transit Oriented Infrastructure Projects with Key Impact Markets’ speaks of the impact that the existing transport infrastructure projects have on the real estate sector.It has been estimated that 127km of metro and 270km of road projects are in various stages of construction.

sreenu 2021-06-03
img

Home buying is not an easy task.

Just when you thought, you have ticked off all the right boxes like the location, infrastructure and the reputation of the builder; you are now faced with the dilemma of whether to go for a lower floor or a higher one.

So before you close the deal on those luxury apartments in Bangalore , we have curated this list of pros and cons for you to make an informed decision.So, which floor is better?By living on a higher floor, you can expect to have a breathtaking view from the balcony of your flat in Electronic City Bangalore while you enjoy your morning coffee.

But, there are residential apartments in Bangalore like Mahendra Aarna that have been so designed that no matter on whichever floor you choose to stay, your privacy is guaranteed.

Some homebuyers are of the view that higher floors are more secure as ground floors and second floors can be accessed much easily by thieves.

If you are planning on moving to a lower floor, ensure that the security arrangements are top-notch.However lower floors have an advantage when it comes to emergency fire evacuation or when your elevator is not working.

sreenu 2021-05-20
img

While looking at the real-estate section for flats for sale in Bangalore electronic city, you must have come across the term OC Obtained Projects in Electronic City.

The occupancy certificate is issued after the completion of the building and is an indicator that the property has been built as per the government norms and local laws and that it is ready to be occupied.

This certificate is what secures the legal status of your property and safeguards your ownership rights.

It might be startling to know but a vast majority of the residential apartments in Bangalore have been occupied by the residents without an occupancy certificate due to which they are facing several legal hurdles.Complications of buying without an OCWithout an OC, the local authorities can initiate action against you and you may have to face the following repercussions.

You will not be able to procure a home loan or resell your flat in Electronic City Bangalore without authentic OC.Your water, sanitary and electric supply can be cut off without any mercy in the absence of an OC.How to procure an OCYou can obtain an OC from your local bodies by submitting an OC application form along with the following documents.Completion CertificateCompletion CertificateNOC for Fire and PollutionBuilt and Section PlanPhotographs of the Completed BuildingArea calculation Sheet of the floor signed by an authorized architectCopy of the Sanctioned PlanTax Assessment with Tax Paid ReceiptPhotographs of Rainwater harvesting and Solar PanelsLegally, the builder should submit the OC application to the municipal commissioner within 30 days of the completion of the property.

After the submission is completed, the authorities would come to inspect your residential apartments in Bangalore and confirm if all the norms have been adhered to in its construction.How to applyIf needed, even you can apply for an OC as the flat owner.

sreenu 2021-05-10
img

According to a recent report by the Joint Centre for Housing Studies of Harvard University, the number of people in their 30’s who would own a home will increase by 2.7 million over the next decade.

Additionally, about 60% of first-time homebuyers are millennials.

If this is not enough, a 2018 Bank of America Survey states that more than 72% of millennials consider buying a home as their top priority.

After all, you wouldn’t want to fall in love with a house that you can’t afford or miss out on the perfect house because you were unsure of how much you can spare.

This is why you should focus on the location and check the infrastructure.

Things like proximity to your workplace, your child’s schools, groceries and pharmacies matter a lot and infrastructural amenities like the metro help to push up the investment value higher up.