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Friday 5 July 2013

Buying a property in Bangalore is no more a distant dream

Bangalore property continues to be a promising real investment destination for investors. Some of its areas are known to be most expensive in India compared to other metros. But the good news is that Bangalore still remains the most affordable residential market. And so Bangalore flats are highly preferable investment options.

Since the demand for flats in Bangalore is shooting up, it is a good idea to go for house hunting and invest in it. Your efforts might pay well if you are able to find a potential property. However, the best time to find house is on a rainy day. The demand for properties in the monsoon is less. During this season, the number of enquiries decline and developers offer attractive deals to customers. They even show their willingness to negotiate on property rates and give home buyers the best deal available.

During this season, it is seen that developers try to attract customers by offering discounts on their usual offers and reduce inventory levels. Many developers come with schemes such as no pre-EMI, zero booking amount or at the time of booking they are asked to pay a fixed percentage of the price on Bangalore flats. Other additional offers are free furnishings, free parking, cash discounts and more. Smart investors take the advantage of such offers because they can save a considerable amount of money from such offers. However, you should note that the discounts and offers vary depending on the developer and project.

But hunting for a house could be a painful experience during this season. However, taking the advantage of realty websites you can make your search easier and find a good property in Bangalore or luxury Bangalore flats at a reasonable price. The realty sites help you connect to owners/developers of the flats in a simple way. Home buyers could check the flats through the pictures uploaded on the site whether the flats are in a good condition or need maintenance. With all these advantages, one could easily assess whether a flat is suitable to live or is it a good investment option.

According to reports, more than 77% of Bangalore is the under-construction units and the prices usually start with Rs30-40 lakh. Only 5% of the under-construction flats costs over Rs one crore.

Taking the help of realty sites, one can also find developers who offer easy finance with the help of bank. To know more about bangalore properties view at www.makaan.com

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