Monday, May 09, 2005

A look @ Real Estate in Bangalore

Real Estate in Bangalore is really hot right now. Yesterday myself, cousin and another friend went along with an Agent from one of the Developers looking for a decent property were we could invest. I am still undecided on whether to invest or not, but still accompanied my cousin and a friend. The prices are at an all time high @ any part of the city whether it is around the Proposed International Airport or near ITPL/Whitefield or extended parts of JP Nagar. After visiting 3 different locations we did like one property near Yelhanka, we are still negotiating the prices with the developer. One thing is for sure that all the major developers & builders are having good time in Bangalore & Bangalore is surely growing.

5 comments:

compassioNAT said...

i dont follow real estate news avidly..but generally, in singapore, it does seem like prices are looking up after a long period of depreciation..but my take is always this: dont invest in anything you're unsure about!

Vivek Kondur said...

Thanks! for the advice. I have decided that i am not gonna invest in any property for another 2 years.

compassioNAT said...

I'm not big on anything financial..but i do know real estate can be volatile :) on that ground, i think you've made a sound decision.

Vivek Kondur said...

Hmmm.... i hopei have made the right decision;).

Sridhar said...

Well,
A dead investment now is something that is affordable, the tickle to u r brainfolds is " will this bet give me dividends later right ? Plan to invest something now . .. since u can afford to do so. .plan in a way where u can expect a boom in the real estate down the lane . . . for obvious reasons. . .

++Sri