Apartments in Electronic City

Apart from the financial aspect, considerable sentimental value is attached to buying any property. No wonder owning an apartment in a city remains the ultimate dream for most citizens. With due diligence and some smart financial planning, this coveted dream can be fulfilled, though. For example, you can look forward to buying or investing from a plethora of choices in 3BHK flats in Bangalore or apartments in Electronic City. There are many benefits to buying or investing in an apartment project developed by a developer of repute. Let’s delve into six such key reasons why you should buy or invest in an apartment project. Saving on Rental Outgo:  Rentals of residential properties have already increased by almost 10-20% in most major cities, as per  reports.  When you stay in a rented apartment, a fixed portion of the income is required to be directed towards the payment of monthly rent. However, through some financial planning, you can look forward to diverting this amount...

Quality, a term that all of us are obsessed with, especially when it comes to our home construction as this is not just any investment and for some, a memory to be passed down through generations. Hence, it is quite natural that we would only want the best of materials and the best of builders to construct our homes. If you are in search of a quality flats in electronic city , Mahendra Homes would be the best choice as they have a reputation for being one of the most trusted builders in Electronic City, Bangalore. For more reasons, read on! Project Completion Time This is something which is more often than not is overpromised to homebuyers and somehow most builders never seem to fulfil it. But this is something you can be assured of with Mahendra Aarya as we are very particular about what we promise and try our best to complete our projects within the schedule to retain our client’s belief in us. This is why we have earned the tag of being one of the most trusted builders of Electroni...

As a young adult, I remember being introduced to this book “If I built a house” by Chris Van Dusen and remember being enthralled by the protagonist’s ideas of his dream house which has a flying room, racetrack room and a whole lot of other crazy features. While a flying room is still a distant dream for us, some amenities are within our reach and which we should look for when buying a home. Fortunately,  Mahendra Homes , after much research has crafted its homes with some top-notch amenities for its clientele. Here’s the list as follows. Open Floor Plans According to the findings of the National Association of Home Builders, about 86% of home buyers have evinced interest in having a living space that is either partially or completely open in its space. Mahendra Homes understands this and has implemented this in their projects be it in  Mahendra Aarna  or in Mahendra Elena where you would get to see open plan living areas onto large balconies or courtyards thus mak...

Torn between the swanky flat in electronic city and the one in Sarjapur? Confusing right? We bet that it is. Given the plethora of options that are available, zeroing on a good place to invest is very confusing and can be hassling for a lot of people. There are various factors to consider before you make a decision, like distance to your workplace, your budget, proximity to educational institutions, shopping malls, banks, water supply appreciation rate of the area, civic amenities, etc. Taking all these factors into consideration, we have curated a list for you. Electronic City An area which is a favorite for many owing to its proximity to the majority of the I.T companies, startups, educational institutions and civic amenities, it has grown by leaps and bounds. With the Namma Metro Line coming up and the upcoming Silk Board Flyover, there has been a rise in the demand which is no wonder that there is an increase in the  flats for sale in Electronic City .  Additionall...

Electronic City, our very own I.T capital has been a residential investment hotspot for many years now and has witnessed the launch of several 2BHK, 3BHK and ready to buy  flats in electronic city.  What was initially started as a manufacturing hub has now been converted into an I.T hub housing several multi-national companies like Infosys, Wipro, etc along with several educational institutions, hospitals and shopping malls. All this and several other factors have resulted in a huge demand for residential investment in the area  thus leading to a surge in the development of several projects in Electronic City, phase-2. To know more, read on! Connectivity Electronic City is extremely well connected and the connectivity is constantly upgraded thus making it ideal to invest in projects in electronic city, Phase-2. The area is located on NH-4 connecting Chennai and Bangalore and has an expressway and 6 lane roads as well to increase its accessibility.  The upcoming Silk ...

There are a zillion factors to consider before investing in an area, be it an  apartment in Electronic City  or anywhere else. One of those factors is “rental market value” which is extremely important especially when you have plans of renting out the place. In today’s age, it is essential that you look out for areas where a lot of MNC’s are coming up as this is where the government would be focussing on developing the infrastructure to drive investment from international conglomerates. Electronic City is one area where people belonging to different income groups can find a home suited to their budget. The rental yield varies between 3.3 to 6.8 percent averaging at 3.8%. In 2017, the rental return for a 2BHK flat was 4-5%. Approximately 57% of 2BHK flats are available for rent in Electronic City followed by a 30% of 3 BHK flats. The good thing about the area is the abundance of I.T companies which is a major source of employment thus making tenants readily available for your p...

Buying a home is not just a financial investment but an emotional one as well which is why most of us either make a lot of hasty decisions or delay our decision at the risk of losing out on a good deal. You hear that your friend has bought a flat in one of the best  apartments in Electronic City  and now you feel pressured to buy one as well. But, don’t want to make the same house-hunting mistakes that you have seen your parents and friends do. We get you! To know how to avoid those mistakes, read on.   1.     Skipping Pre-Approval You feel that you have finally found your dream home in one of those upcoming apartments in Electronic City which is just a stone’s throw from your workplace and has all the amenities that you can think of but now you realize that it is far above your reach. What to do now? This is one common mistake that most buyers tend to do and that is to not seek pre-approval of the loan they are eligible for and go around shopping for...

Electronic City, a place which is synonymous with IT companies and touted as the outsourcing capital of the world has now become a hot favorite for many house hunters. For those of you who are looking to buy a  2 bhk apartments in bangalore , I am sure you must have a lot of unanswered questions due to a plethora of options being available in the vicinity and are confused with the constant advice pouring in from friends and family. Add the rise in fraudulent agents to your woes; it is definitely a tough job. Don’t worry, we’ve got you covered. Here are a few tips to keep in mind before purchasing a property near electronic city. Builder Reputation A very key point which most first-time buyers tend to ignore is verifying the builder’s reputation. Be it a project near Electronic City or anywhere else, it is always wise to do a background check on the builders past projects. Many individuals have been duped of their hard earned money just because they couldn’t do a quick internet ...

  After scouting tons of residential apartments in Bangalore, most I.T employees are left with two choices which are Electronic City and Whitefield: two areas that even a non-Bengalurean would know; all thanks to the booming I.T sector there. We here, at  Mahendra Homes  receive quite a lot of queries regarding these two localities as it is not an easy task to choose between these both. Both the areas are fast developing in terms of infrastructure and connectivity and it is said that at least 80% of I.T employees work either in Electronic City or in Whitefield. To help ease your confusion, we have curated a list to make your decision easier. ·          Connectivity Electronic City  is unparalleled when we are to talk of connectivity as it is situated on NH4 connecting Chennai and Bangalore and has an expressway with six lanes for increased accessibility. To reduce traffic congestion, the Silk Board flyover is coming up which wo...