What is the 3BHK flat price in Bangalore?
If you live in a country like India, you know that not everyone can afford a luxurious flat in their lifetime. The highest type of luxury home one can think of is buying a 3BHK flat. if you are in Bangalore and are planning to buy a 3BHK flat for sale, the first question you will ask yourself is what is the 3BHK flat price in Bangalore?
To your surprise, planned and affordable home solutions are still provided by top construction companies and developers in Bangalore. You can think of Bangalore as a market for everyone. Everything is available for people of all types financial backgrounds & pay slabs. The 3BHK flat price in Bangalore depends mostly on the location of the project. It also depends in the amenities that are available, and the time you buy the flat.
Where can I get a 3BHK flat in Bangalore at a reasonable price?
Bangalore, as mentioned earlier is a market for everyone. The term " reasonable price " varies form one person to another depending on their financial Portfolio. A 3BHK flat price in Bangalore can vary from 70L to more than 2CR depending on the location of the project. A reasonable budget for a mid-term, office going individual will be somewhere around 50L to 70L. These kinds of projects are mainly available in the outskirts of the city.
The 3BHK flat price in Bangalore, is on the higher end if it inside the bustling city, as there is an advantage of connectivity. The option you get with the amenities is also more. But buying a 3BHK flat in the outskirts or the country side, you will definitely see an advantage on the price point and also the environment you get. A 3BHK flat price in Bangalore of this bracket are in the outskirts of the city, in places such as Kanakpura, Sarjapur Road, Yelahanka or Devanahalli, where price of land and projects is appreciating. It is also a good investment opportunity. You can invest for now and see the value of your property or flat improve.
There are a lot of developers and top construction companies in Bangalore, who have upcoming projects in these areas.
The primary benefits a home owner will have is not having to pay any more rent. If you have purchased a ready to move in flat, you have a house of your own in a city like Bangalore. Needless to say you do not have to pay rent, years together. The other way of seeing this is that you have an opportunity of creating another source of income, if you let out the flat for rent.
Is it really worthy??
The 3BHK flat price in Bangalore varies on a lot of factors as mentioned earlier. Refer our post on 7 Things to Keep in Mind Before Buying Apartment in Bangalore that will help you to decide better. Factors like location, reputation of the developer, Material used for construction, legality and hidden charges will help you understand if the purchase is really worth it. There might come a project, offering best price, but has some kind of issue with the legal matter. Or there might come a project with clean legal background, but very high price points. This is when the purchase will not actually fit your requirements nor your portfolio and deemed not worthy.
Check your investment portfolio and then hunt the property that meets the said requirements. If you are not investing, but are genuinely looking for a home to stay in with your family, then follow the steps above and do research before taking the final call.
We at SGR Buildtech are coming up with various projects across Bangalore, to fit the requirements of an array of home buyers, follow our website for more details on upcoming projects.
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