Most of the properties that are selling we'll are from tier1/2 builders and are actually around 10 years old. The entry price is going to be a big factor of returns. The returns on property right now in Bangalore will be >10% cagr (including rental yield) for properties greater than 10 years.

Product Owner

There is over supply. No one will be interested to buy a 10 year old apartment in Bangalore unless he is dumb.

Software Engineer

Check out Ivyhomes, which helps you resell homes in a short period.

Thought of it for while and pursued too but many are demanding 20-25% premium to the market price. Making it expensive proposition for a old building. 
  
 Where the premium is less there are hidden issue which you will discover over time.

Product Manager

Most people including me want to own a home in Bangalore. Usually we like to go for a new Apartment. My question is suppose you want to sell your apartment later in life( Moving Abroad, settling in...

Most people including me want to own a home in Bangalore. Usually we like to go for a new Apartment. My question is suppose you want to sell your apartment later in life( Moving Abroad, settling in a village for retirement). How easy or tough is it to sell an Apartment in Bangalore? Usually people say that Real Estate is an Appreciating asset, although rental yields are relatively low. Do share your experiences.

How easy it is to sell a 10 year old Apartment in Bangalore?

How easy it is to sell a 10 year old Apartment in Bangalore?- Grapevine

Welcome to Personal Finance's Private Community

I have a budget of 1cr. I’d probably stay there for as long as I have to go to office. But that could change at some point. I am not a Bangalore native so I will go back to my native place. So I’d like to buy in good areas where it can actually be a good investment too. 

What builders to target?
What areas to target?
Any bad experience you’ve had with any builders or anything that you’d like to share.

Where to buy an apartment in Bangalore?

In the age of rent vs buy, 
In the age where black money, investors flip land, apartments and houses.
How do navigate this situation , how do you buy a place to stay ? 

Also, kind people please post decent projects you guys saw recently, or bought in etc in Bengaluru.

Buying a house/apartment to live in Bengaluru.

Mid 30s, single, been in Koramangala (and Bangalore) for 3.5 years now. Absolutely love the society I live in. There’s a 2BHK available for sale 
1300 sq feet. 1.5 cr. 15 year old building. Great location. Low rise. 
I’m not sure of my future plans so unsure of how long I’ll be living here. Could be forever, could plan on moving a few years down the line. 
Unable to decide if it makes sense to buy or keep renting. Rental yield is ~4.1%. What kind of an appreciation cal I expect on 1.5cr in the next 5-10 years.

Help me make an informed decision!

Buying a 2BHK in Koramangala. Wise decision financially?

Every time I come back to my hometown of Kolkata, I see a deserted "para" or neighbourhood. Almost everyone I grew up with has left the city, leaving behind old parents. Beautiful big houses which were built by the earlier generations in the hope that one day the next generation would come to live with them torn down making way to ugly flats. It just breaks my heart. What are your feelings?

Leaving Kolkata

Software Developer

I am new to Bangalore and currently looking for a 1 BHK (20k budget) apartment, my requirements are 

1. Brand new or max 3 yr old apartment 
2. Not ready to give brokerage 
3. A place which should have all kind of online services available (like swiggy, Zomato, zepto, blinkit.etc) 
4. Preferably a gated community 
5. With in 15 km from Bellandur 

Can you guys please suggest the 
1. Place/apartment 
2. Way to find owners contact 
3. Tips to furnshish them cheap

Thanks in advance 🙂

How to find an apartment in Bangalore ?

Folks who bought real estate in Bangalore (primarily for living in it), what are some things that you wish you knew earlier before buying the property?
Also what are some things you would advise to new folks who are looking to buy property now?

I’ve been looking to buy a flat and have mostly finalised on A+ builder(Prestige) society but wanted to hear from experienced folks once. 
And I’m not a huge fan of taking hefty loans so planning to do around 50% in down payment and 50% in loan which I will aim to finish within 5 years. Is this a good approach??

Bangalore Real Estate

Hi everyone,

I’ve been considering the decision of whether to buy a flat in Bangalore or continue living in a rented apartment, and I’d love to get some advice from you all, purely from a financial perspective.

On one hand, buying a flat comes with long-term benefits like asset ownership and potential price appreciation. But on the flip side, it requires a hefty down payment, long-term loans, and associated costs like maintenance, property taxes, and registration fees. Also, with interest rates and real estate prices going up, I wonder if it’s the right time to invest.

On the other hand, renting provides flexibility with lower upfront costs. However, there’s always the reality that rent increases over time, and there’s no asset to show for it in the long run.

I’m leaning towards renting for now, as it seems more flexible and financially less binding in the short term, especially with real estate prices in Bangalore being so high. But I’d love to hear your thoughts and experiences!

What do you think? Is it better to take the plunge and buy a flat, or is renting the more financially sound decision right now?

Looking forward to your advice!

Thanks!

Seeking Advice: Buying a Flat vs Renting in Bangalore (From a Financial Perspective)

Any one knows a good ready to move apartments for sale in North bangalore?

Senior Associate

Welcome to Software Engineers's Private Community

Greetings,

As the headline says I will be moving to Banglore for the first time next week. Finding accommodation here is a real adventure (Not a good one) from what I read and seen. I wanted advice from people who are already there. what is best the way to go about it? I have been using MagicBricks and Flat & Flatmates to search near Salarpuria Softzone, Bellandur area but have not been able to find anything good.
Is it hard to find one without a broker also how do you find a broker in the first place?

Friends have suggested joining Facebook groups which I am going to try next. 
I am also contemplating whether living in a PG or a Flat is a better option. For a flat, I would need flatmates which I currently don't have. I want my commute to be as low as possible because I heard Bangalore has godly planned road infra. My company has provided 15 day stay I will have to find it in the given time only.

Please let me know how you guys found accommodation. Tips and recommendations are appreciated. If anyone is aware of any empty flat please mention the property name/address. If anyone has stayed in a PG with not too bad food please mention it. 
Thanks.

New in Bangalore!

I am currently in my mid 30s and I am thinking of purchasing a property near sarjapur road, and currently working as a software engineer in Bangalore, so I want to take the expert opinions of unsung heroes of the finance domain on grapevine. I have already paid the booking amount but still want to make sure I am making the right decision.

Is it worth Buying a flat (1.5 Cr) in Bangalore?

Is it true that the re-sell value of old flats (>20 years old) is bad? 

As a buyer would you buy a 20 year old flat ?

Answer this considering that the build quality of the majority of builders is below average in India.

Buying flat for long term investment purpose

Here is the break-up - 
Residential Plot we Just bought from our Indian Stock Selling - 90L
Equity - 40L
Crypto - 6L
US Stocks - 26L
Mutual Funds - 10L
NPS and EPF - 22L 
Cash - 6L 

I have not factored in inheritance of about 1CR which will be passed on to us in a long time but I don't want to count that as mine I want to pass that to my son... As that will be his not mine! 

3.5 year back I had a educational loan of 17L and my Wife had Equity of 17L so basically we were at 0 at that time... 

Nothing has changed at all for me... And I do not think even 10-20CR would change me too 😉 I am still a confused stupid... And will be forever ♾️

I have resigned from my current job as I was not satisfied.. I am looking out for more opportunities outside so that I can build the house with that money! 

Even with 2 CR I don't think I have achieved anything ... I have a long way to go from here ☺️

Reached about 2CR! Still Feel Poor! WTH is Wrong!

Not 2Cr even 20Cr you won't be satisfied. 
  
 First, think about what you want out of life, money is not (the only) goal.

Context - Buying as an investment, don't plan to live there. I plan to live on rent. Current rent is 17k/month.

I'll keep it short for max input. I'm looking at some flats priced around 60-70L for a 2BHK. Rent in the area will be ~30k. If I pay 20L down and take a home loan for 40L, EMI will be approx ~65k for a period of 7 years (I want to pay it off ASAP, to pay the least amount of interest). 

I earn around 1.5L per month. Personal expenses are ~50k per month. Assuming I get 30K as rent I'll have to pay a maximum of 40K as emi. This is a very recent thought on which I've just researched for a couple of hours so apologies if I missed anything important but honestly this looks quite doable to me.

[NEED ADVICE] Should I buy a house at 23?

Frontend Engineer

New in Bangalore (just a year)

Is it a good time to buy a property in Bangalore? If we want to look for a good 3/4 BHK, which areas should we target? Also, what should be the budget we can consider, based on the current market?

My spouse and I have close to 95L to 1Cr in savings and investments. We can easily manage around 1Lac or more in EMI per month. Family can help more, it needed.

Thanks.

Bangalore Property Purchase

Cloud Consultant

Welcome to News Discussion's Private Community

Everyone knows the org behind this, faces are captured on cameras but still these culprits are roaming free. That’s how democracy works!

Hooliganism

This happened in Mumbai too but 10-15 years back. All new people registered their vote in Mumbai and killed this regional thinking. 
  
 All people who want bangalore to succeed. Register in bangalore and vote for right candidate. 
  
 Not a party which doles out cash for vote.

I guess Bangalore is Becoming the next Mumbai.Its so tough to get a good flat at a reasonable price in Bangalore. And if you are looking inside of Bengaluru the cost is so high. A typical 3 bhk would cost close to 2 crore.

And then there are set of builders who confidently say sir we don't give OC and CC.And no gives it in Bangalore.

And everything is already sold.Anyone would be like sir only few units left.

Even if you buy an apartment how do you plan on paying the emis.How many years.Do enlighten in comments

Real Estate Bangalore

What would be a better investment opportunity in Bangalore. Is it worth getting an apartment on loan and pay the emi from rent received? or would it be better to get a land a little away from the city. if yes then which areas would you recommend.

How easy it is to sell a 10 year old Apartment in Bangalore?

Discover More

Personal Finance on

by Kendall Lee

Stripe

Where to buy an apartment in Bangalore?

Bangalore on

by Blair Everett

Meesho

Buying a house/apartment to live in Bengaluru.

Bangalore on

by Kendall Olive

Razorpay

Buying a 2BHK in Koramangala. Wise decision financially?

Misc on

by Jordon Denver

Tesco

Leaving Kolkata

Bangalore on

by Blair Carmden

Fintech Startup

How to find an apartment in Bangalore ?

Bangalore on

by Blair Lee

InMobi

Bangalore Real Estate

Personal Finance on

by Matilda Vernon

Unnamed

Seeking Advice: Buying a Flat vs Renting in Bangalore (From a Financial Perspective)

Bangalore on

by Karilyn Everett

Walmart

Any one knows a good ready to move apartments for sale in North bangalore?

Software Engineers on

by Jordon Carmden

PhonePe

New in Bangalore!

Personal Finance on

by Anise Olive

Stealth

Is it worth Buying a flat (1.5 Cr) in Bangalore?

Personal Finance on

by Matilda Taye

Swiggy

Buying flat for long term investment purpose

Personal Finance on

by Blair Lee

Stealth

Reached about 2CR! Still Feel Poor! WTH is Wrong!

Personal Finance on

by Aaron Olive

Stealth

[NEED ADVICE] Should I buy a house at 23?

Bangalore on

by Anise Lee

Oracle

Bangalore Property Purchase

News Discussion on

by Jordon Carmden

Amazon

Hooliganism

Bangalore on

by Kendall Dean

Stealth

Real Estate Bangalore

Bangalore on

by Dezi Lee

Oracle

Flat vs Plot