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Showing posts from May, 2022

What is the Price Trend of Residential Apartments in Electronic City?

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  flat in bangalore  have long since been considered as viable options for investment due to the presence of several IT companies, excellent connectivity, and the constant development of infrastructure and a high rate of investment. The average rate per sq ft for a ready to move apartment in electronic city phase1 is 4400/sqft. The starting price of a 2BHK is 44 Lakhs while a 3BHK starts at 66 Lakhs. The average price of a ready to move flat in Electronic City, Phase-2 is Rs 4100/sqft. A 2BHK starts at 41 Lakhs while a 3BHK starts at Rs 61.50 Lakhs.  The rate in electronic city phase-1 for an under-construction project is Rs 4000/sqft while in Phase-2, it is Rs 3800 sqft. A 1BHK apartment in electronic city phase1 starts at 24 Lakhs and 22.80 Lakhs in Phase-2. A 2 BHK starts at 40 Lakhs in Phase-1 and 38 Lakhs if it is in Phase-2. For a 3BHK in Electronic City Phase 1, it is Rs 60 Lakhs and 57 Lakhs if it is in Phase-2. A 4 BHK is priced at approximately Rs 1.67 Crore. Th...

Top 10 Factors Why Mahendra Aarna Is Perfect For IT Professionals?

So, what makes Mahendra Aarna a suitable place for I.T professionals? What is it that sets it apart from the dozen or so apartments in Bangalore? Is it the fact that it is located in Electronic City, the I.T hub of Bangalore, which has more than 200 I.T organizations or is there more to it than what meets the eye? Let’s find out.  Connectivity If connectivity is what you are looking for, then these  2 bhk flats in bangalore  would be the best choice for you. The upcoming Silk Board Flyover in the area would reduce the traffic jams to a huge extent and make your daily commute to work a lot easier. This, along with the development of Namma Metro Line 3 is going to expedite your time to travel. Infrastructure This residential apartment in Bangalore is situated in an area that boasts of robust infrastructure. You will not just be near to I.T companies but also to educational institutions, hospitals and shopping malls.  Amenities It is a known fact that most I.T jobs are ...

What Are The Top 10 Factors Why Mahendra Aarna Is Perfect For Homemakers / Housewives?

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? It is undoubtedly our amazing moms or partners whose lives practically revolve around us. So, isn’t it our duty to give them a home that they completely love? If you are looking for that perfect apartments in electronic city for your homemaker, then Mahendra Aarna would be the perfect choice for you. To know why read on! Private terrace gardens If 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. Gym Most 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 Track For the ladies who are not very comfortable exercising in a gym...

5 Reasons Why Buying A Home Away From The Main Road Is The Best Option

5 Reasons Why Buying A Home Away From The Main Road Is The Best Option Any investor worth his salt will tell you that it is location which plays a major role when it comes to real estate investment. One can always improve your property through renovation but the one thing that you cannot change is location. One of the biggest mistakes that we have seen most homebuyers do is to compromise on the location in favour of a bargain. There are several  2 bhk apartments bangalore  where realtors try to convince you to compromise on the location in favour of a low price. But is it worth it in the future? To know, read on! Say Goodbye to Noise Pollution Even if it is the best apartment in Electronic City, if it is situated on the main road, you can forget about peace and quiet when you come back home.  Limited Viability of Resale and Rent A vast section of the real estate agents is of the consensus that over 60% of buyers are not interested in buying a house on the main road. The r...

7 Important Things To Ask A Real Estate Builder Before Buying A Flat In Bangalore

Buying a home for the first time can be exciting but quite daunting as well. There are several  2 bhk flats in bangalore  but which is the right one for you? To know the answer to that, there are some questions that you must ask the builder before you narrow down your choices. To know what they are, read on! Ask for the title deed Always ask for the title deed as it is an important document that records the ownership of the land. This document helps in not just establishing ownership but also to legally sell, rent and borrow over the property. How is he going to ensure the quality of the construction? Find out the quality of materials that will be used for your tiles and fittings to get an idea about the quality. Enquire about the builder’s past projects Find out for how long the builder has been in the business. Ask him about the previous properties in Bangalore that he has constructed. This will give you an idea about the delivery timelines, quality, maintenance, adherence t...

What Are The Important Things You Need To Know About Registration Of A Property?

So you have finalized your dream  resale flats in bangalore  after years of search! What is the next step then? Undoubtedly, it is registering the property for unless you complete the registration, you will not have any legal rights over it and may land yourself in legal trouble later. To know the process, read on! The legitimacy check Before you proceed with the process, make sure that all the documents provided to you are authentic. Take the help of a lawyer if need to. Stamp Duty This is a form of tax levied by the state government on the registration of your property. There are different structures of stamp duties for different states. Check the rates that are applicable for your circle as mandated by the state government. Compare the circle rate with the actual price paid and pay the higher of the two values. The next step is to buy non-judicial stamp papers of the value arrived after calculation which can be purchased online or in-person.  This is when you have to g...

Why Is Bangalore Witnessing Increasing Demand For 2 BHK Apartments?

In a recent survey, when queried about the top 3 features that homebuyers look for while buying a residential apartment in Bangalore, the hot favorites were budget, location and developer. The survey may show that the size of the flat may be pushed to the back-burner but then why is Bangalore witnessing an increasing demand for  ready to move flats in bangalore ? To know that, first let’s look at the pros and cons of purchasing a 1 or 3BHK. About 3BHK’s While they are great for large families owing to the space, they have their cons. Firstly, they are tough to sell or rent out. The return on investment is low when compared to a 2BHK. While a 3BHK may cost 40-50% more than a 2BHK the rent differential is just about 20-25%. Additionally, the maintenance charges are high. 1BHK’s or studio apartments They are relatively affordable when it comes to cost.   They are easy to maintain.   Also, they are a good option if you don’t want to pay much rent.   The major con though ...

What is the Evolution of Constructive Technology?

A lot has been spoken about how Netflix has replaced your DVDs Spotify has taken over your Sony Walkman but have you ever wondered how the construction technology has changed? As the construction industry is rapidly advancing to a digital-first world, it has become necessary for the developers to adapt to technological changes to help serve you better.  This evolution of construction technology has caused several disruptive changes in both the processes and products.  Developers like Mahendra Homes, who to their credit have constructed several  2 bhk flats for sale bangalore  are part of this change. So, let’s take a look at what these changes are. The late ‘80s and early nineties saw the advent of ERP which was deemed as a one-stop solution to merge functions and organize their operations more efficiently. Additionally, it helped to aggregate important data. It was majorly used by the larger construction companies on account of it being expensive. Smaller constructi...

How To Check Your Apartment For Vaasthu Before Buying An Apartment?

One of the most common questions that all developers face is the property compliant with Vastu?  Having originated 5000 years back, this traditional system of Indian Architecture is now something that almost every homebuyer is keen upon when buying  new apartments for sale bangalore  or anywhere else for that matter. Said to be a harbinger of positive energy, though many of you want your homes to be Vastu-compliant, there are still some of you who need a bit of help in ascertaining if that flats in Electronic City is Vastu-compliant. So to know more read on! Main Door The position of the main entrance is very important. Directions which work well are. North-East This is considered to be one of the most auspicious directions in a home. The logic behind this is that your home will be filled with sunshine throughout the day. North Your next best option would be to choose for a north entrance. Apart from being high in energy, it is said to bring good fortune to th...

Common Traps While Purchasing An Apartment

Thinking of investing in that swanky  3 bhk for sale in bangalore  but worried if you are making the right decision? Buying a new home can be pretty expensive and overwhelming. After hearing several horrors of how fraudulent builders have managed to get the better of buyers; it is only natural that you would be worried. The key is to do your research well and be aware of the possible red flags that you may encounter. So what are these red flags that you need to know before you invest in your dream apartment in Bangalore? To know how to protect yourself, read on! Unapproved Properties There has been an exponential growth in the population coupled with an increased demand for property but the area of land available has remained the same. This has given rise to fraudulent builders acquiring land through unscrupulous means. By purchasing an unapproved property, you land up in several unending troubles. The building may not be constructed as per the safety norms or worse you ma...