The current demolition drive which resulted in flattening of several illegal structures of Bangalore North property for sale has negatively impacted the image of the city. Several investors who were looking to buy 3 BHK apartments in Bangalore North have now put the buying decision on hold. As uncertainty lurks around everywhere the sales volumes of 3 BHK flats for sale in Bangalore North has been drastically hit down. Making the matters worse is the fact that only individual home owners have been targeted no action has been taken against big commercial structures. Also civic authorities who authorized construction of 3 BHK flats for sale in Bangalore North have gone unpunished. No action has been initiated against the builders who constructed the illegal 3 BHK apartments for sale in Bangalore North.
This is set a negative image in the mind of the customers who were looking to buy Bangalore North property for sale. New companies who were looking to set up businesses here are now looking for alternative locations as instead to setting up a new drainage system the government decided to demolish the homes of hundreds of innocent home buyers. Some people felt that the state government has adopted the easy way by ordering demolition of all illegal properties. Making new drainage system would have been a costly affair whereas demolition drive has been a much economical option.
The demolition drive has created an uncertainty in the market and people who were looking to buy 3 BHK flats in Bangalore North are now reconsidering the decision. Builders of Bangalore North property for sale too are facing consequences of the unannounced drive as the sales volume have fallen drastically. However it is surprising that people who had made profits by selling illegal 3 BHK apartments for sale in Bangalore North have gone unpunished.
This is set a negative image in the mind of the customers who were looking to buy Bangalore North property for sale. New companies who were looking to set up businesses here are now looking for alternative locations as instead to setting up a new drainage system the government decided to demolish the homes of hundreds of innocent home buyers. Some people felt that the state government has adopted the easy way by ordering demolition of all illegal properties. Making new drainage system would have been a costly affair whereas demolition drive has been a much economical option.
The demolition drive has created an uncertainty in the market and people who were looking to buy 3 BHK flats in Bangalore North are now reconsidering the decision. Builders of Bangalore North property for sale too are facing consequences of the unannounced drive as the sales volume have fallen drastically. However it is surprising that people who had made profits by selling illegal 3 BHK apartments for sale in Bangalore North have gone unpunished.
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