M
Meera Khanna
posted on 13 MayParvathapura property prices are just speculative hype.
Been looking for 8 months now and it's getting exhausting. I'm based in Dubai and checking properties in Parvathapura, Magadi. Builders quoted some high prices, like ₹1.2 Cr for a 2BHK. Matlab, is this justified, ya sirf speculative hype hai? I can't do a site inspection myself, so need to rely on community feedback. What's the real ground reality for investment potential in 3-5 years? Kahi legal issues toh nahi hai is area mein? I'd need a property manager, so rental demand bhi kya hai? Any ground truth on this would be super helpful.
#parvathapura#magadi#nri-investment#property-prices#rental-yield
Comments
Hype lag raha hai bhai. 1.2 Cr for 2BHK in Parvathapura? Matlab, it's a developing area, not exactly prime Whitefield. Kya sach mein itna appreciation potential hai 3-5 saal mein?
Totally agree, yaar! I checked some projects near Aavalahalli, same story. Builders just quoting crazy figures saying 'future development,' but current infrastructure is not matching the price tag at all. I'm also a first-time buyer, and these prices