S
Shilpa Dubey
posted on 3 MayNew builds in Richmond Circle are overpriced
Shivaji Nagar / Richmond Circle area keeps coming up every time I shortlist something. Looking at a 2BHK, budget around ₹1.4 Cr. Keya Homes ka ek project dekha, but prices thode stretch lag rahe hain for the value. From my experience, Bangalore mein price correction zones abhi bhi hain kya? Kahan dekhna chahiye for better ROI? Also, secondary market deals mein negotiation ka scope zyada hota hai, right? New builds mein toh builders rarely budge. Plus, stamp duty and registration costs add up significantly. What's the community's take on finding real value in this market?
#bengaluru-property#price-correction#secondary-market#keya-homes#stamp-duty
Comments
Totally agree with you, bhai! Richmond Circle mein toh prices have gone absolutely bonkers. Keya Homes aur aise hi kayi builders, they just quote astronomical figures. For 1.4 Cr, you're looking at maybe a compact 2BHK, that too not in the prime spots. I think price correction is definitely happening in some pockets, especially in peripheral areas. Better ROI ke liye, you might have to look slightly away from the core, like towards areas near Akshayanagar or even further down towards Aavalahalli. Secondary market is definitely the way to go for negotiation, but thoda research zyada karna padega.