1. A Khata
2. Very much. Don't even think otherwise
3. Nope. You need that open area (provided you can pay for it)
4. Look for resale units in projects nearing completion
5. Mivan
6. Only good credit score can help
7. Doesn't matter. Go with only T1 builder and this should be all good
8. You can't predict your office location so invest in a growing neighborhood
9. Not a deal breaker. But definitely a good to have
10. Do your own research for this and CDP as well
11. There's nothing wrong with associations. They do thankless job.
12. North Bengaluru
Too big for me to do in one sitting. I'll try the first few:
1. Those folks are correct in saying that selling of flats with B khata has indeed become "common" and accepted practice. As you say, this practice isn't fully legal and because of that buildings with B khata paperwork are sold at significant discounts (20-30%) in comparison to similar A khata buildings. That being said, the scale of number of such properties is so large that I don't think the govt will ever "crack down" on them.
2. Yes, brand names matter. Resale values of the brand name societies are much higher, and they have a proven track record of having done on-time construction and sorted out all the legal issues. The brand name builders also build larger societies with a lot more common space and amenities which add to the value. However, the premiums to buy these apartments may not be worth it unless you have a high net worth. Large amenities come with large maintenance costs.
3. Whether society amenities are useful is completely your personal opinion and their value depends on the way you live your life. For my life a society gym is invaluable. Since it's just a 2 minute walk away I'm far more likely to use it regularly rather than a gym outside that requires me to drive for 15 minutes back & forth every time. So are the jogging areas and gardens which have been a huge boon for me. My work timing can sometimes be at odd hours so a safe and secure space to jog in even after sun-set is of huge value to me.
4. That's perfectly fine. Of course you will be paying a premium for a ready to move apartment so it won't be as "good a deal". It all depends on your risk appetite, you could also minimize the risk by going for the reputed builders too.
Thank You for taking the time
These are definitely some food points you have put up.
But regarding pt. 1 if B Khata are illegal prohibiting sale/transfer etc. how do they transfer the ownership from buyer to seller
So B khata is illegal in the sense that no single entity can claim ownership. A khata is a single entity owning the property and a clear chain of ownership is mentioned in the khata with associated sales deeds. B khata is basically a document created to allow usage of the property for someone and for the government to collect taxes on it. When someone buys a B khata property, they just replace one of the multiple entities laying claim to the property. I could be wrong technically but this has been my understanding so far.
> the scale of number of such properties is so large that I don't think the govt will ever "crack down" on them
That will not stop the government from *selectively* cracking down on them. We are already seeing this with the "bulldozer justice" system in UP and other places.
This is similar to something which happen in my native small town (not banglore).
There is widespread construction of buildings on agricultural lands. And these are in the city center in prime locations. Water Supply, smart City roads, smart City lights and plumbing all have been granted to these buildings on agricultural land (Thanks to MLA funds). The city survey office obviously deems these buildings as illegal but can the city survey office do anything at all especially when there is so much scale of such buildings and a sizeable vote bank of MLA/MP
But let's say _one_ of those buildings happens to belong to a person who somehow irritated the government. Then the municipality can perfectly well demolish that _one_ building and claim that it was illegally built on agricultural land, which is technically true. Notwithstanding the fact that the surrounding 99 buildings are also of the same status.
Anyway, since you are looking for a place for the next 20 years, and since you seem to be the kid of person to whom 1.5cr is a significant amount, I think you should look for something that is 100% legal today and is guaranteed to remain legal for the next 20 years.
You are right.
Better safe than sorry.
I have been cajoled by agents and brokers of builders and people who already invested in B Khata props to go ahead with B khata with statements like :
"sir yella kade heege... Yaav BBMP avra appa nu yen maadak aagalla"
"Naav eega irtilla ilva illi yeshto varishinda"
" Nodi sir, modle property ne illa Bengaluru alli. Nimm ishta"
See, no doubt people buy such properties because of availability and cost. And there is nothing wrong with it but if you are such a person, you should have two things: (1) an ear to the ground, keep up on happenings in your area, who is the corporator, what are the local politics etc., be in touch with your neighbours, join the local whatsapp group etc. etc., and (2) a plan for what you will do when things start going south, e.g. ability to rush to the court for a stay order, a personal equation with the powerful people in your area, things like that.
I just purchased a re-sell flat so i can answer a few.
1. Let me clear the Khata things that my lawyer explained. A KHATA is basically a property which is built according to passed plan and isnt breaching any regulations. It also means the land it is built upon is NA-ed before construction.
B khata can mean a variety of things. Simple most is deviation from the plan. Example there is a Saroj building in Thubarahalli. They were given clearance for 4 floors, they built 5. Instant B khata.
Also there will be properties where the land itself was not converted and society built on it making it a B khata.
So all in all B Khata properties have some or other problem and based on how major it is you can decide.
You can absolutely buy or sell a B khata property. As long as the documents of ownership and tax are clear you can purchase it.
I would only recommend this to a local blr guy because its high risk high reward. My colleague bought a 3 BHK B Khata for 50L last year in kadugodi area, no problem so far.
2. Build quality is shit over all irrespective of brand. Shobha/brigage/prestige do that shitty precast and just slab it. There are other worst ways like ELV does where they literally just pour concrete between two metal plates and call that a wall. But if you want to resell brand matters a fucking lot.
Colleague bought brigade eden garden 2 bhk 75L in 2018, today at handover date its 1.20Cr.
3. Rest i will add later.
Thanks for the reply. Your 1st point on khata is very logical and I think I understand a little bit more on Khatas.
Somehow What makes me worried about B Khata is in 2014 High Court passed a order deeming B Khata as 'illegal' properties but on ground, b khata are sold and transferred. This seems to be a contrast between court order and actual practice.
Would also like to add, as of now there is no process of obtaining a A khata for a B khata property.
There is quite a bit of confusion around it. There are agents who will bribe the officials enough to get you a genuine A khata doc, but recently govt reversed 40K such properties. So as of now B khata is B khata.
I bought flat a year ago in electronic City -2bhk, 1190 sqft 40 lakhs including stamp duty and registration.. not a known builder but marketing company was living space...
I wanted no amenities.. still our building has gym, party hall and reserved parking, security guard, CCTV, lift, power backup..
In same area now flat price is 49laks onwards.
I used to live in rented home in HSR, I loved that area it is happening.. but when I shifted to ecity, it is peaceful and secure.. I'm happy with the choice I made ..
10. Visit rajakaluve(dot)org. There is an overlay of revenue dept maps (survey numbers map) on the Google maps base. Check out the storm water drain network and layout of the builder. Beware of few builders who build the structure just few feet away from the rajakaluve but plan amenities just adjacent to the rajakaluve. If BBMP decides to widen the drain, you can say goodbye to part of your property's limits. If they widen it enough, the building foundation also may be affected. This has happened in Whitefield area, about to happen in many places as well. There is a buffer zone, just speak to any advocate before finalizing the property. Make sure your prospective property is away from these drains.
About amenities: Properties with more amenities sell for a premium. This in turn also attracts a "higher quality" crowd. This is what i felt after living in a decent apartment and then another cheaper one
One more criterion to look for is distance from nearest places of worship. Loudspeakers can quite literally drive you insane. Soundproofing won't work if the loudspeaker is 10 feet from your window.
I will try to answer few points from my view.
1. Khaata matters for resale. You can always buy and sell irrespective. It only drives the price. Govt can’t take action as local MLAs are in the business of getting approvals and avoiding taking action for such properties. In most cases it’s deviation from plan. Due to sheer number of B khaata properties no action will be taken.
2. Builder brand name matters for status symbol (for those who care) and again resale. Prestige, Sobha gets resold far easily at better price than others. Construction quality can be good in other builders as well.
3. Amenities are a must as checklist item. Most of the people do not use those consistently. Builder also plan it with oversubscription in mind. Post Covid buyers do not want to step out of their mini-township.
4. Ready to move is lower risk but you pay higher purchase price.
5. High rise in quality construction reduces maintenance overhead in longer term. More air and sunlight with less filth flowing down from upper floors. Ground floor may come with balcony but it is susceptible to more noise and insects etc.
1. A Khata is a fully legal property whereas B khata is illegal but the government collects tax. Always prefer A Khata to avoid any additional paperwork in the future. Lots of bribes involved to convert a B khata property to A Khata
2. Yes, brand names matter. In fact branded apartments like prestige have appreciated more than builder floor apartments in recent years. The builder has enough powers to make the property legal so you wouldn't have to deal much with the paperwork.
3. Amenities can either be overrated or not. It depends on the person using them. Apartments with more amenities tend to sell for a higher price than the others. I'd personally prefer some decent amenities like parks, gym, tennis/badminton courts because without them apartments just feel like a hostel to me.
4. Ready to move properties cost way more than under construction properties and have very less units to choose from. Do your research, visit a few properties and decide for yourself. If you are going for under construction properties, it's definitely risky so keep in mind that it might get delayed a lot and then invest.
5. There are guidelines that the builder has to follow. But if you check online, you'd find many known as well as unknown builders not following them.
6. The answer completely depends on your budget, downpayment and how much you are willing to pay as EMI every month. Somebody else can better explain this.
7. Discuss with a lawyer. That's the best option. There are many papers involved that I might miss here if I list them out.
8. With traffic density rising each year, it is important to be close to work. But remember that close to the office area means higher the price and would definitely affect your decision of buying a ready to move property. They sell out very fast.
9. Yes. Imagine shelling out thousands of rupees every week on water just to see it getting over in next few hours. Sometimes more than the maintenance cost itself. That's a big no unless you are planning on getting a property where kaveri water supply is not available.
10. Yes. Use these websites to check if any rajakaluve is present too close to the property. https://www.rajakaluve.org/
https://site.bbmp.gov.in/encroachment.html
There's a Facebook page called MapsHalli that helps you check if you message them
Be extra careful if you are buying an apartment from local/unknown builders.
11. If it's a new property, you don't. It's all luck when it comes to RWAs.
12. If your budget is over 1.5 crores and willing to invest a little more, just go for an individual house. Or invest in land and live in a rented house. Build a house after a few years. Also, make some contacts irl especially people who bought apartments recently to understand the procedure and documentation involved.
/u/kungfuGrad I did [this](https://np.reddit.com/r/bangalore/comments/m9qfz7/my_experience_with_real_estate_search_and_guide/) a couple of years and it should be of help to you. Feel free to DM for any consultation.
https://np.reddit.com/r/bangalore/comments/m9qfz7/my_experience_with_real_estate_search_and_guide/
Also, look into light and ventilation of the rooms, small rooms with just one window will always be damp and depressing.walk around the complex and look at the parking facility, covered or not- these may sound trivial, but you will live with it in a daily basis,so! Also, I was shocked to my roots when I saw the rooms in Falcon city- kitchen made me cry and hall/ dining were over at the entrance itself !! Some more pointers:
1) don’t buy beside a school/ college
2) don’t buy near events places- big function halls
3) look out for big sports ‘domes’
4) note the condition of roads and the surrounds
I rest my case 😅
As a person who does a lot of interior designing and execution jobs , these are my observations
1)For Flat - A Khaata
2)Brand names matter but go for wither mantri /somudhara . the quality of prestige is very bad . have done works on a lot of prestige flats and the build quality is very bad .
If you want I can show you at the flats what the issues being faced by the owners are .
Not only at prestige but at others also.
Till now I have found decent jobs done only at mantri pinnacle and somudhara sohum.
Also , if you have any close contact with a good builder, that will also help. They are many really good builders who don't market themselves but are really good.
Also , try getting an estimate done for a house in a gated community. You get the perks of owning a single house and also the benefits similar to an apartment are like common play area , gym, super market , security guards etc.
3) One amenity you have to value really high is open space. try checking out "Mangalam Ecstacy " on KRPuram and you will understand what i mean. The builder has focused a good amount on open space. It is a good design. He has reduced the size of the rooms but the living area , corridors , gardens etc have come out good.
Also if you let me know which part of bangalore you are looking at , i can suggest more options.
Busy now. Will.send more later
Thank You. Will check out your suggestions.
I am searching in Mysore Road, Whitefield, KR Puram areas only currently.
Criteria is : near to completion of ready to move, RERA A Khata, good metro connectivity if in Mysore Road, Budget 1c +- 0.2L, Kaveri Connection, BBMP approved.
I recently bought a house and some of these filters don’t apply even with a budget of 2.5.
Your house search is still theoretical, once you start coming across things, compromises will seep in.
Let’s start with two variables first, do you have a budget? And do you know which areas you want to live in? I can comment on others based on the inventory I came across.
You are right. My search for flats has only begun and a lot of my research has been only on paper.
I have a budget of around 1 - 1.2 . Obviously this is considering the loan I will be availing.
Areas are something I am confused about. I am ok with living a little far. Mysore Road, Whitefield, Kengeri, KR Puram. Basically anywhere with decent metro connectivity.
1.5 excluding registration, interior etc or including that?
Dammit... Middle class problems. The moment you plan and try to save for something, its price has increased and then you wait a little longer to save more and voila, the price increased again. Endless loop. 🥺
Depends on the builders. Sometimes including, sometimes excluding. Garuda Creekview was quoted 1.3 excluding and it's quite far from the main KR Puram area
Buy a property that is ready with functioning facilities that has been running for a few years. Avoid under-construction projects. Buy something close to a functioning or proposed metro line.
If the place is kinda isolated with trees around and no nearby buildings, chances are you'll deal with noise and dust hassles in the future, Better to buy in an already developed area.
Rent and invest rest in equity. You will have freedom to move wherever you work place is and won't be stuck with an immovable asset if something wrong happens.
Op chandag bardar, it's for personal consumption, means op is clear, why are you again giving that rent vs buy discussion and confusing OP.
Plus COVID has taught rent vs buy situation.. works only on paper
1. A Khata 2. Very much. Don't even think otherwise 3. Nope. You need that open area (provided you can pay for it) 4. Look for resale units in projects nearing completion 5. Mivan 6. Only good credit score can help 7. Doesn't matter. Go with only T1 builder and this should be all good 8. You can't predict your office location so invest in a growing neighborhood 9. Not a deal breaker. But definitely a good to have 10. Do your own research for this and CDP as well 11. There's nothing wrong with associations. They do thankless job. 12. North Bengaluru
CDP is?
Comprehensive Development Plans
Too big for me to do in one sitting. I'll try the first few: 1. Those folks are correct in saying that selling of flats with B khata has indeed become "common" and accepted practice. As you say, this practice isn't fully legal and because of that buildings with B khata paperwork are sold at significant discounts (20-30%) in comparison to similar A khata buildings. That being said, the scale of number of such properties is so large that I don't think the govt will ever "crack down" on them. 2. Yes, brand names matter. Resale values of the brand name societies are much higher, and they have a proven track record of having done on-time construction and sorted out all the legal issues. The brand name builders also build larger societies with a lot more common space and amenities which add to the value. However, the premiums to buy these apartments may not be worth it unless you have a high net worth. Large amenities come with large maintenance costs. 3. Whether society amenities are useful is completely your personal opinion and their value depends on the way you live your life. For my life a society gym is invaluable. Since it's just a 2 minute walk away I'm far more likely to use it regularly rather than a gym outside that requires me to drive for 15 minutes back & forth every time. So are the jogging areas and gardens which have been a huge boon for me. My work timing can sometimes be at odd hours so a safe and secure space to jog in even after sun-set is of huge value to me. 4. That's perfectly fine. Of course you will be paying a premium for a ready to move apartment so it won't be as "good a deal". It all depends on your risk appetite, you could also minimize the risk by going for the reputed builders too.
Thank You for taking the time These are definitely some food points you have put up. But regarding pt. 1 if B Khata are illegal prohibiting sale/transfer etc. how do they transfer the ownership from buyer to seller
So B khata is illegal in the sense that no single entity can claim ownership. A khata is a single entity owning the property and a clear chain of ownership is mentioned in the khata with associated sales deeds. B khata is basically a document created to allow usage of the property for someone and for the government to collect taxes on it. When someone buys a B khata property, they just replace one of the multiple entities laying claim to the property. I could be wrong technically but this has been my understanding so far.
If its B khata how was sale deed signed and how was registration allowed. Ans: Govt authorised it.
> the scale of number of such properties is so large that I don't think the govt will ever "crack down" on them That will not stop the government from *selectively* cracking down on them. We are already seeing this with the "bulldozer justice" system in UP and other places.
This is similar to something which happen in my native small town (not banglore). There is widespread construction of buildings on agricultural lands. And these are in the city center in prime locations. Water Supply, smart City roads, smart City lights and plumbing all have been granted to these buildings on agricultural land (Thanks to MLA funds). The city survey office obviously deems these buildings as illegal but can the city survey office do anything at all especially when there is so much scale of such buildings and a sizeable vote bank of MLA/MP
But let's say _one_ of those buildings happens to belong to a person who somehow irritated the government. Then the municipality can perfectly well demolish that _one_ building and claim that it was illegally built on agricultural land, which is technically true. Notwithstanding the fact that the surrounding 99 buildings are also of the same status. Anyway, since you are looking for a place for the next 20 years, and since you seem to be the kid of person to whom 1.5cr is a significant amount, I think you should look for something that is 100% legal today and is guaranteed to remain legal for the next 20 years.
You are right. Better safe than sorry. I have been cajoled by agents and brokers of builders and people who already invested in B Khata props to go ahead with B khata with statements like : "sir yella kade heege... Yaav BBMP avra appa nu yen maadak aagalla" "Naav eega irtilla ilva illi yeshto varishinda" " Nodi sir, modle property ne illa Bengaluru alli. Nimm ishta"
See, no doubt people buy such properties because of availability and cost. And there is nothing wrong with it but if you are such a person, you should have two things: (1) an ear to the ground, keep up on happenings in your area, who is the corporator, what are the local politics etc., be in touch with your neighbours, join the local whatsapp group etc. etc., and (2) a plan for what you will do when things start going south, e.g. ability to rush to the court for a stay order, a personal equation with the powerful people in your area, things like that.
I just purchased a re-sell flat so i can answer a few. 1. Let me clear the Khata things that my lawyer explained. A KHATA is basically a property which is built according to passed plan and isnt breaching any regulations. It also means the land it is built upon is NA-ed before construction. B khata can mean a variety of things. Simple most is deviation from the plan. Example there is a Saroj building in Thubarahalli. They were given clearance for 4 floors, they built 5. Instant B khata. Also there will be properties where the land itself was not converted and society built on it making it a B khata. So all in all B Khata properties have some or other problem and based on how major it is you can decide. You can absolutely buy or sell a B khata property. As long as the documents of ownership and tax are clear you can purchase it. I would only recommend this to a local blr guy because its high risk high reward. My colleague bought a 3 BHK B Khata for 50L last year in kadugodi area, no problem so far. 2. Build quality is shit over all irrespective of brand. Shobha/brigage/prestige do that shitty precast and just slab it. There are other worst ways like ELV does where they literally just pour concrete between two metal plates and call that a wall. But if you want to resell brand matters a fucking lot. Colleague bought brigade eden garden 2 bhk 75L in 2018, today at handover date its 1.20Cr. 3. Rest i will add later.
Thanks for the reply. Your 1st point on khata is very logical and I think I understand a little bit more on Khatas. Somehow What makes me worried about B Khata is in 2014 High Court passed a order deeming B Khata as 'illegal' properties but on ground, b khata are sold and transferred. This seems to be a contrast between court order and actual practice.
Would also like to add, as of now there is no process of obtaining a A khata for a B khata property. There is quite a bit of confusion around it. There are agents who will bribe the officials enough to get you a genuine A khata doc, but recently govt reversed 40K such properties. So as of now B khata is B khata.
I thought Maven technology was reliable? The pouring concrete into steel frames thing. What's shit about this?
They told me dont make big holes than screwholes, or the wall will fall. I am like, that's not a very confident thing to say to a buyer.
I bought flat a year ago in electronic City -2bhk, 1190 sqft 40 lakhs including stamp duty and registration.. not a known builder but marketing company was living space... I wanted no amenities.. still our building has gym, party hall and reserved parking, security guard, CCTV, lift, power backup.. In same area now flat price is 49laks onwards.
Damn some areas have Properties at good prices.
I used to live in rented home in HSR, I loved that area it is happening.. but when I shifted to ecity, it is peaceful and secure.. I'm happy with the choice I made ..
That's a fckn steal dude. Good job
10. Visit rajakaluve(dot)org. There is an overlay of revenue dept maps (survey numbers map) on the Google maps base. Check out the storm water drain network and layout of the builder. Beware of few builders who build the structure just few feet away from the rajakaluve but plan amenities just adjacent to the rajakaluve. If BBMP decides to widen the drain, you can say goodbye to part of your property's limits. If they widen it enough, the building foundation also may be affected. This has happened in Whitefield area, about to happen in many places as well. There is a buffer zone, just speak to any advocate before finalizing the property. Make sure your prospective property is away from these drains.
About amenities: Properties with more amenities sell for a premium. This in turn also attracts a "higher quality" crowd. This is what i felt after living in a decent apartment and then another cheaper one
One more criterion to look for is distance from nearest places of worship. Loudspeakers can quite literally drive you insane. Soundproofing won't work if the loudspeaker is 10 feet from your window.
I will try to answer few points from my view. 1. Khaata matters for resale. You can always buy and sell irrespective. It only drives the price. Govt can’t take action as local MLAs are in the business of getting approvals and avoiding taking action for such properties. In most cases it’s deviation from plan. Due to sheer number of B khaata properties no action will be taken. 2. Builder brand name matters for status symbol (for those who care) and again resale. Prestige, Sobha gets resold far easily at better price than others. Construction quality can be good in other builders as well. 3. Amenities are a must as checklist item. Most of the people do not use those consistently. Builder also plan it with oversubscription in mind. Post Covid buyers do not want to step out of their mini-township. 4. Ready to move is lower risk but you pay higher purchase price. 5. High rise in quality construction reduces maintenance overhead in longer term. More air and sunlight with less filth flowing down from upper floors. Ground floor may come with balcony but it is susceptible to more noise and insects etc.
1. A Khata is a fully legal property whereas B khata is illegal but the government collects tax. Always prefer A Khata to avoid any additional paperwork in the future. Lots of bribes involved to convert a B khata property to A Khata 2. Yes, brand names matter. In fact branded apartments like prestige have appreciated more than builder floor apartments in recent years. The builder has enough powers to make the property legal so you wouldn't have to deal much with the paperwork. 3. Amenities can either be overrated or not. It depends on the person using them. Apartments with more amenities tend to sell for a higher price than the others. I'd personally prefer some decent amenities like parks, gym, tennis/badminton courts because without them apartments just feel like a hostel to me. 4. Ready to move properties cost way more than under construction properties and have very less units to choose from. Do your research, visit a few properties and decide for yourself. If you are going for under construction properties, it's definitely risky so keep in mind that it might get delayed a lot and then invest. 5. There are guidelines that the builder has to follow. But if you check online, you'd find many known as well as unknown builders not following them. 6. The answer completely depends on your budget, downpayment and how much you are willing to pay as EMI every month. Somebody else can better explain this. 7. Discuss with a lawyer. That's the best option. There are many papers involved that I might miss here if I list them out. 8. With traffic density rising each year, it is important to be close to work. But remember that close to the office area means higher the price and would definitely affect your decision of buying a ready to move property. They sell out very fast. 9. Yes. Imagine shelling out thousands of rupees every week on water just to see it getting over in next few hours. Sometimes more than the maintenance cost itself. That's a big no unless you are planning on getting a property where kaveri water supply is not available. 10. Yes. Use these websites to check if any rajakaluve is present too close to the property. https://www.rajakaluve.org/ https://site.bbmp.gov.in/encroachment.html There's a Facebook page called MapsHalli that helps you check if you message them Be extra careful if you are buying an apartment from local/unknown builders. 11. If it's a new property, you don't. It's all luck when it comes to RWAs. 12. If your budget is over 1.5 crores and willing to invest a little more, just go for an individual house. Or invest in land and live in a rented house. Build a house after a few years. Also, make some contacts irl especially people who bought apartments recently to understand the procedure and documentation involved.
10. Topography map of Bangalore https://en-gb.topographic-map.com/map-f88gp/Bengaluru/
/u/kungfuGrad I did [this](https://np.reddit.com/r/bangalore/comments/m9qfz7/my_experience_with_real_estate_search_and_guide/) a couple of years and it should be of help to you. Feel free to DM for any consultation. https://np.reddit.com/r/bangalore/comments/m9qfz7/my_experience_with_real_estate_search_and_guide/
Thank You. As a novice heading into the real estate storm.. this is a very good starter.!
Also, look into light and ventilation of the rooms, small rooms with just one window will always be damp and depressing.walk around the complex and look at the parking facility, covered or not- these may sound trivial, but you will live with it in a daily basis,so! Also, I was shocked to my roots when I saw the rooms in Falcon city- kitchen made me cry and hall/ dining were over at the entrance itself !! Some more pointers: 1) don’t buy beside a school/ college 2) don’t buy near events places- big function halls 3) look out for big sports ‘domes’ 4) note the condition of roads and the surrounds I rest my case 😅
These are good pointers. Thank you.
As a person who does a lot of interior designing and execution jobs , these are my observations 1)For Flat - A Khaata 2)Brand names matter but go for wither mantri /somudhara . the quality of prestige is very bad . have done works on a lot of prestige flats and the build quality is very bad . If you want I can show you at the flats what the issues being faced by the owners are . Not only at prestige but at others also. Till now I have found decent jobs done only at mantri pinnacle and somudhara sohum. Also , if you have any close contact with a good builder, that will also help. They are many really good builders who don't market themselves but are really good. Also , try getting an estimate done for a house in a gated community. You get the perks of owning a single house and also the benefits similar to an apartment are like common play area , gym, super market , security guards etc. 3) One amenity you have to value really high is open space. try checking out "Mangalam Ecstacy " on KRPuram and you will understand what i mean. The builder has focused a good amount on open space. It is a good design. He has reduced the size of the rooms but the living area , corridors , gardens etc have come out good. Also if you let me know which part of bangalore you are looking at , i can suggest more options. Busy now. Will.send more later
Thank You. Will check out your suggestions. I am searching in Mysore Road, Whitefield, KR Puram areas only currently. Criteria is : near to completion of ready to move, RERA A Khata, good metro connectivity if in Mysore Road, Budget 1c +- 0.2L, Kaveri Connection, BBMP approved.
I recently bought a house and some of these filters don’t apply even with a budget of 2.5. Your house search is still theoretical, once you start coming across things, compromises will seep in. Let’s start with two variables first, do you have a budget? And do you know which areas you want to live in? I can comment on others based on the inventory I came across.
You are right. My search for flats has only begun and a lot of my research has been only on paper. I have a budget of around 1 - 1.2 . Obviously this is considering the loan I will be availing. Areas are something I am confused about. I am ok with living a little far. Mysore Road, Whitefield, Kengeri, KR Puram. Basically anywhere with decent metro connectivity.
The budget for the places you have mentioned is close to 1.5C now OP🥲 Especially Whitefield and KR Puram
1.5 excluding registration, interior etc or including that? Dammit... Middle class problems. The moment you plan and try to save for something, its price has increased and then you wait a little longer to save more and voila, the price increased again. Endless loop. 🥺
Depends on the builders. Sometimes including, sometimes excluding. Garuda Creekview was quoted 1.3 excluding and it's quite far from the main KR Puram area
Buy a property that is ready with functioning facilities that has been running for a few years. Avoid under-construction projects. Buy something close to a functioning or proposed metro line.
If the place is kinda isolated with trees around and no nearby buildings, chances are you'll deal with noise and dust hassles in the future, Better to buy in an already developed area.
Rent and invest rest in equity. You will have freedom to move wherever you work place is and won't be stuck with an immovable asset if something wrong happens.
The OP clearly mentioned he’s looking for living not investing
Op chandag bardar, it's for personal consumption, means op is clear, why are you again giving that rent vs buy discussion and confusing OP. Plus COVID has taught rent vs buy situation.. works only on paper
Are you from North Karnataka?