Orcl93

Bangalore Property Purchase

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.

19mo ago

Lucifer123

Pharmeasy19mo

If you want more recommendations, I’m looking for a job as SDE, if you can help me getting a job at oracle, I’ll personally scout apartments for you 😛😛

Lucifer123

Pharmeasy19mo

I’m saying this because I recently got laid off from my previous company and I’m looking for job for a long time low

Orcl93

Oracle19mo

Share your resume. Happy to refer.

Lucifer123

Pharmeasy19mo

Try near ORR, constructions is going on, once finished good connectivity

Orcl93

Oracle19mo

Thanks. Do you know any good upcoming projects? However, based on the current traffic conditions, it looks horrible.

Orcl93

Oracle19mo

Also, we want to stay away from any lakes🥲

Lucifer123

Pharmeasy19mo

If that’s the case I’ll recommend kank pura road, straight out city, metro reaching soon, okaying traffic and good highways

Orcl93

Oracle19mo

Yeah that looks like a viable option. Thanks.

Lucifer123

Pharmeasy19mo

My friend bought a flat for 85L in prestige song of the south, 2.5 bhk

Wisdywood

MNC, Indian19mo

Rent for now. You have been here just a year. Keep exploring the city. In your budget, many options could be available. Keep in mind metro connectivity should be a priority and the fact that property investments are not as liquid as before. So think we'll, and best of luck.

Orcl93

Oracle19mo

That does make sense. But looking at the inflation in property rates, I feel the need to hurry!

Wisdywood

MNC, Indian18mo

Yes, but it is not a huge rise. And your investments are yielding returns too. So even if you wait, it won't make much of a difference. Just research well.

BugsCreator007

Startup19mo

I have enquired for buying a 3bhk recently I can see that prices are arround 1.4-1.7 cr for a decent 3bhk ( 1500+ sft ) from a good builder. Most of the projects I have seen had occupancy after 3 years.
I liked one DSR park way, its near completion ( another 4-5 months) but the problem is there is a railway gate near project and u have to pass through it everytime.

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