Bangalore Properties - Real Estate Guide

Bangalore has earned a bad reputation with property buyers for squeezing out a huge sum which is much beyond the agreed terms. The exorbitant amount of money is demanded for speeding up the approvals, registration and khata. Fortunately some builders like CMRS Group are transperant with buyers and tell them upfront about the money needs if any and the approximate amount, in most cases such money is not needed. But with many other builder, property buyers suffer as the builder demands unjustified amount upwards of 1 lac as an amount to be paid as bribes at the sub-registrar’s office apart from the price paid for the property. The bribe demand continues from document to document. There are different rates fixed for water connection, electricity, plan sanction, built-up area approval, the all important khata certificate and sale and title deeds. If you sign the agreement, and the building work started during the time when the quote was still valid, the builder can’t charge mo...

Bangalore property buyer often get confused with different options available to them for purchase. Also, the recent article in news paper about some builders misrepresenting the approval has created lot of apprehensions among buyers, so are you aware of BDA, BBMP, BMRDA, BIAPPA, MPA, DC Converted, DTCP etc? Ethical builders like CMRS Group  always provide the right guidance and information to buyers. But you can also learn few things yourself. Here is a quick guide to straighten the things out. First and foremost you should know that  Non-farmers are not allowed to purchase agricultural land in Karnataka,  only a converted land (Originally most land was used for agriculture) can be used for residential purchase and can be freely sold by anyone. Conversion of land from 'Agricultural' status to 'residential' has to be done by the farmer himself before you conclude your deal and get the property registered.  Legal Layouts For the converted land, the plan of...

Real estate has become a popular investment avenue. Investment in plots continue to remain popular and rightly so, as land is the only asset that has increased in value by over 800% in the last 20 years. The best part is that the demand for land is ever-increasing and that there is limited land on sale, which is certainly a positive point for all those who are interested in investing in plots.   However, lack of transparency and tight regulations means buyers are making investment decisions with limited understanding of the risks involved in parking their hard-earned money in plots.  Buyer's Checklist Buying land has become a risky business in Bangalore due to the number of instances of fake registration papers. Hence, it is essential to check under whose name the land is registered. Further, one must look out whether the house is stuck in litigation and the seller has sole ownership of the land with no other claimants. Verify if the seller is auth...

Any investment in property in the present times could be very good value for money, but the price appreciation of the property matters on four simple things. Address, Budget, Connectivity and Demand. Rest all often over advertised features such as infrastructure development, proposed flyovers, bridges etc. only play a sentimental role in initial selling price but do not actually appreciate the value to a greater extent. Why Infrastructure development alone will not appreciate value? Infrastructure development benefits a wider area and the large supply of properties in that large area limits the personal benefits to you. You can see this evidently on what has happened after the electronic city properties has been connected with Koramangala with signal free flyover. Prices appreciated much lesser than the expectation, Lets see what actually gives an assured appreciation of greater extent. Address Locality Address has a great sentimental value associated with prestige of livin...

Going Green is a new buzzword that attracts lot of property buyers with higher educational background and with higher consciousness for environment. Green building is a possibility to create harmless, energy efficient and environmentally friendly buildings. Green buildings are becoming good for the environment, tenants and occupiers. Conventional building consumes too much natural sources, like energy, water, woods etc. while Green building efficiently saves such resources. Advantages of Green Homes: Higher Saving - Even if they are higher in cost a little bit, because of some special requirements, CMRS properties, during their usage save so much that the extra money spent on apartment cost will return at least 10 times. Water Saving - Water is one of the most common recurring expense in a building. Green building built by CMRS properties (http://cmrsproperties.com) uses Water saving shower heads, ultra-low flush toilets and other conserving fixtures to minimize ...

Villas continue to be a dream home for many, but they remain pricey at good locations. People choose to buy high end apartments instead, but Bangaloreans are queuing up to buy Row Villas which are located at premium locations and costs the same or lesser than high end apartments.  For example, CMRS Couryard ( http://cmrsproperties.com/views/courtyard.html), located at Varthur main market near Forum Value Mall is a big hit among buyers.  Row houses Properties come in the category of urban homes, which are located in the same area and are coherent with each other in architecture, design, and appearance.  Row villas are premium segment of row houses. The row houses segment, though less in the overall market size, saw the highest increase in sales velocity in Bangalore with a rise of 23 per cent and only 9.4 months inventory. A clear indication of the growing demand for this type of property. Advantages of Row Villas: Costs less than villas with private gar...

The Bangalore real estate sector continues to be a favored destination for Indian as well as Global investors. Bangalore currently employs the largest chunk of IT professional, a population which is bound to increase with recent trend of startup success and growth plans of existing IT majors. The Bangalore population will surge in the coming years, which, coupled with growth in employment, education and health care, will push the demand for residential and commercial space. There are few other factors which will push the price higher, now is the best time you can buy an affordable property and save yourself from price hike. CMRS properties, builds houses which are appropriate priced to fit your budget and to add to your lifestyle at the same time. Market Demand and Higher Input Costs: The traditional mutual fund, shares buyers are now keen to invest and reap dividends from the real estate market growth. These factors will increase the demand and hence the prices are going to ...