Buying a flat in Bangalore might be a brave choice when the circumstances are right. Getting a home in Bangalore is only good if you plan to stay there for a long time, like 10 to 15 years. Buying a flat in Bangalore for only four or five years would be impossible because the prices are too high.
People who live in most of Bangalore have to count on water tankers to get their water every day because the water level isn't high enough in those places. This spot is definitely on a market that isn't moving. It is better to buy when the market price is predicted to rise by 10% or more. For a family, on the other hand, if the job moves, everything will need to be changed, even the apartment's furniture and decorations.
Pros
- You have the freedom to make the house exactly how you want it. In this way, you have more choices regarding building styles. While buying a flat in Bangalore, you can also pick your building style, and there are no rules about the framework or the inside.
- In the same amount of time, land prices go up more than flat prices, giving you a better return on your investment.
- Most of Bangalore's open land or plots will likely be in remote areas closer to nature and less busy than the city. This means that people can dream of a peaceful life when they get home from work or retire. While buying a flat in Bangalore, the plot's size and remote location may help you get a better deal.
- There is a chance that plots of land or open spaces will also be available in the city center, but the price per square foot and the cost of building will be higher.
- In Bangalore, many schools, shopping stores, and other places to live make life peaceful and easy. Buying land in this place can help you live a better life when you leave and protect your children's future.
Cons
- Poor security: Crimes like vandalism and theft are scary signs that could make your choice hard or even stop you from buying land. Unless you are motivated and do everything you can to stay safe.
- Not comprehending much about the neighborhood: Your land can be anywhere you want, but your friends are not something you can choose. So, if you are very particular about giving your kids the kind of company they deserve, buying land can be both bad and hard.
- Expenses on two fronts: Everybody, whether paid or self-employed, must pay a lot of money to buy land. All of these should be ready to go before the event.
- Unsure of how the area would develop: Not every part of Bangalore will give you a good return. Recently, places near the airport have lost their beauty the most. Real estate experts say that prices in these places have not gone up or down significantly. Also, this part of the city is becoming more crowded, which makes it unsuitable for buying.
The city of Bangalore is located in the southern part of India. It is famous for the beautiful scenery on the Deccan Plateau. People from other states and countries go there to work because it is home to many IT companies. The city is not too hot or too cold. Many people love visiting Bangalore because it has many beautiful parks and gardens, like the Lalbagh Botanical Garden and Cubbon Park.
Provident Housing prelaunch apartment is Provident Ecopoliten.