TATA Varnam Phase 1D, located in Shettigere, Bengaluru, is an ongoing residential project offering apartments and duplexes with possession expected by September 2031.
What are the advantages of buying a home in Bengaluru?
Buying a home in Bengaluru gives you access to excellent educational institutions, hospitals, shopping malls, and seamless road connectivity. The city also has a robust resale and rental market, ensuring your investment stays liquid.
Can I buy a good flat in Bengaluru for under ₹50 lakh?
Yes, there are several good residential projects in Bengaluru offering 2BHK flats under ₹50 lakh. These are typically located in newly developing sectors with good connectivity plans and reputed developers offering RERA-registered units.
What locality in Bengaluru is close to the airport and metro?
Bengaluru has localities that offer dual advantage of airport and metro proximity. These command a premium due to convenience for frequent travellers and strong rental demand from aviation and corporate professionals.
Is affordable housing available in Bengaluru?
Yes, Bengaluru has a range of affordable housing schemes under PMAY and state government programmes. These offer subsidised home loans and government-approved pricing for EWS and LIG buyers.
What are the tax benefits of buying property in Bengaluru?
Home buyers in Bengaluru can claim deductions under Section 80C (principal repayment up to ₹1.5 lakh), Section 24(b) (interest up to ₹2 lakh for self-occupied), and HRA if renting. First-time buyers may qualify for additional benefits.