A
Arjun Agarwal
posted on 12 MayMy search for Bangalore value zones
Lal Bahadur Shastri Nagar keeps coming up every time I shortlist something. I'm so fed up of renting, finally looking to invest. Saw a Nitesh Estates project there. Prices seem high, but are there any zones in Bangalore where you still see real value or potential for price correction? I'm trying to maximise my deal.
#lal-bahadur-shastri-nagar#price-correction#investor-advice#bangalore-real-estate
Comments
Current market conditions mein Bangalore mein buyers kaafi cautious hain. Interest rates high hain aur builders ne prices kam nahi kiye. Lal Bahadur Shastri Nagar mein Nitesh ka project agar high lag raha hai toh shayad woh overpriced hi hai. Wait
Yaar, value toh ab Bangalore mein dhundhna mushkil ho gaya hai. Main bhi first-time buyer hoon, poora ek saal lagaya research mein. Finally, Aavalahalli ke paas ek plot liya hai, thinking long-term investment. Apartments mein toh returns kaafi slow lag rahe hain. Lal Bahadur Shastri Nagar is good for connectivity, but prices have already peaked there, in my opinion. Dekho, agar investment ke liye hai toh thoda outskirts mein bhi dekh sakte ho.
U6, plots ka rate toh vary karta hai, but maine 2000-2200/sqft mein liya tha kuch months pehle. Connectivity theek hai, Outer Ring Road se access hai, but public transport abhi utna develop nahi hua hai. Car hai toh theek hai.
Aavalahalli mein kya rate chal raha hai per sqft for plots, U5? And connectivity kaisi hai?
Lal Bahadur Shastri Nagar is decent, but Nitesh Estates ka track record utna accha nahi hai, especially post-RERA. I'd be very careful there. Value-wise, I feel areas like Akshayanagar and even some pockets near Bannerghatta Road might still have potential for growth, but you need to dig deep for genuine resale deals. New projects are all overpriced.
U3, Akshayanagar mein resale hi dekho. New projects wahaan bhi kaafi high chal rahe hain. Builder ka naam nahi lunga but ek bande ka flat 2 saal se ready nahi hai wahaan. Be careful with smaller builders.
Akshayanagar mein koi specific project ya builder recommend karoge, ya sirf resale?
Sahi baat hai. Nitesh ka project ek friend ne dekha tha, delivery dates kaafi delay ho rahe hain sunne mein aaya hai.