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Bangalore Cheap Properties – Where to Find Them

If a real estate investor had been looking for Bangalore cheap properties a few years ago, he would have been grossly disappointed. However, the scenario is different today – as a real estate industry in the Garden City leans towards affordability, reasonably priced properties are becoming a reality. The idea of cheap properties gained traction when developers realized that the real estate is majorly driven by the middle–class who cannot afford central and posh locations such as Malleshwaram, MG Road, Indira Nagar and Brigade Road. Hence real estate in “Greater Bangalore” – peripheral areas and suburbs – took shape. Today, there is a rising demand for affordable yet spacious homes with premium facilities in areas such as Yelahanka, Jalahalli, Devanhalli and Hoskote in North Bangalore and Sarjapur, Attibele, Anekal, and Bidadi in south Bangalore.

Bangalore cheap properties in the above mentioned areas have capital values in the range of INR 2,900–4,500/sq. feet for flats

Bangalore cheap properties Bangalore Cheap Properties – Where to Find Them

Bangalore cheap properties

and in the range of INR 5,000–12,000/sq. feet for independent houses and bungalows. However, low-property values do not mean that the builders are scrimping on any benefits. Quick purchase policies, flexible payment schedules and easy buying process are just some of the benefits – today developers are building well-planned gated communities with numerous amenities such as swimming pools, clubhouse facilities, gyms and fitness centres, landscaped spaces and jogging tracks. A simple phone call to a sales executive will land home buyers their dream homes within their budget, suitable to their family, and according to their style and sensibilities. Shriram Suhaana (Yelahanka), Sameeksha (Jalahalli), and Chirping Woods and Smrithi (Sarjapur Road) are some of the projects which are offering spacious, luxurious and affordable homes within an amenities–filled gated community.

These areas have rapidly improving and bettering infrastructure as well. Ever since IT, manufacturing, jewellery, textile, automobile and other ancillary companies began to set up shop and do well, infrastructure began to improve in the region. The development of the NICE-ORR road in the south and the Bangalore-Hyderabad Highway in the north have bettered the connectivity in the regions. Proximity to the workplaces and Kempegowda International Airport and the development of more metro stations and lines connecting the suburban areas have given real estate further impetus. Better returns on investment have only strengthened the demand for affordable housing in these areas.

When it comes to Bangalore cheap properties, the major savings in monies for developers has been the low cost of acquisition. Hence, they have been able to build better and more spacious properties and communities than one would find within the city. Although there are pockets within the city where cheap housing might be available, home buyers will be deprived of the choices of housing that are available in areas such as Yelahanka and Sarjapur. Hence, if you wish to invest in cheaper properties in Bangalore, head to the peripheral areas where an increasing number of Bangaloreans are enjoying the perks and the privileges of the city’s affordable housing boom.

Shriram Sameeksha – Affordable homes for all budgets
Shriram Signiaa – A dream house that you cannot miss
Shriram Smrithi – A wise investment that appreciates every year
Chirping Woods – A idyllic bird haven amidst lovely woods
Shriram Suhaana - Luxury villas and apartments for sale
Shriram Summitt – Make the right move now and book your space

Bangalore Properties News – Future Realty Outlook

Bangalore properties news about the future outlook of the city’s real estate seems to be largely positive. Ever since last year, Bangalore, one of the more “heavyweight” cities for real estate, has witnessed a fall in vacancy numbers and increased absorption rates for residential space. The Garden City, where the real estate market is governed by demand rather than speculation, is expected to show part stability and part growth in the coming year.  The market will continue to be thoroughly end-user driven, with buyers firmly in the driver’s seat with all the negotiating power.

Bangalore properties news about prices continues to be positive. Unlike most of the other Indian metro cities, average prices in

Bangalore properties news Bangalore Properties News – Future Realty Outlook

Bangalore properties news

Bangalore are affordable, around INR 4,300–4,500/sq. feet. Prices are being hiked marginally by developers. Hence, in the coming year, the investment market is expected to see less traction than the end–user market.

The mid-segment and affordable housing category is expected to see the most launches this year, especially in the peripheral areas of the city (Greater Bangalore). Increasing demand for office space, increased flexibility in prices, spacious homes, good social and urban infrastructure, and the proposed, on-going and completed infrastructure projects such as the Peripheral Ring Road, Airport–Hebbal expressway, and the addition of the Namma Metro lines and stations have and continue to provide impetus to real estate growth in Greater Bangalore. The demand is largely expected to come from the IT/ITES working sector and is mostly expected to show little growth in 2014. Areas such as Yelahanka, Jalahalli, Hebbal, Hoskote, Sarjapur Road, Bannerghatta Road, Attibele and Anekal are expected to see much demand in the mid-segment and affordable housing sector. With the end users in Bangalore being extremely price sensitive, buyers are expected to show preference for those housing projects that have attractive pre–launch and launch offers.

The demand for high–end homes in Bangalore is steady, considering the ever–increasing influx of HNIs, NRIs and expats into the city. Although recent launches have seen some amount of price correction, demand will be high because the city is one of the most promising markets for luxury housing. However, when it comes to luxury housing, buyers are particularly fastidious and extremely choosy when it comes to factors such as the sizes and areas of the units, the quality of construction and other aspects, as well as the number and kind of amenities that these projects are offering.

The endless tussle that people face between renting or buying homes is going to play out in favour of buying homes this year. Individuals and families in Bangalore increasingly realize the importance of purchasing homes, as opposed to renting them.

All the above Bangalore properties news indicates that the real estate in the Garden City is expected to shine in the coming years. Hence, considering all the points above, if you intend to buy property in Bangalore, which you are going to use to live in, then this could very well be the best time to do so.

Shriram Sameeksha – Affordable homes for all budgets
Shriram Signiaa – A dream house that you cannot miss
Shriram Smrithi – A wise investment that appreciates every year
Chirping Woods – A idyllic bird haven amidst lovely woods
Shriram Suhaana - Luxury villas and apartments for sale
Shriram Summitt – Make the right move now and book your space

Bangalore Indira Nagar Properties – Rental and Sale Trends

Bangalore Indira Nagar properties have always been amongst the most expensive properties in the city. The area, which was originally developed as a BDA layout, earlier housed huge bungalows belonging to defence personnel amidst tree–lined avenues. After the IT boom that swept Bangalore, Indira Nagar became one of the top residential–cum–commercial areas of the city and saw the rise of multi-storey apartments and commercial complexes.

Today, Indira Nagar is occupied by the most elitist of the elite of Bangalore city – sports personalities, film celebrities, HNIs, and

Bangalore Indira Nagar properties Bangalore Indira Nagar Properties – Rental and Sale Trends

Bangalore Indira Nagar properties

many of the state’s politicians. Divided into two stages, the restructured Indira Nagar is a thoroughly cosmopolitan area due to its relevance as a residential and commercial hub. Lying right in the middle of Bangalore, Indira Nagar is bounded by areas such as Byappanahalli and Ulsoor. It is well connected to all major parts of the city such as Koramangala, MG Road, and Bangalore railway station by the ORR, Old Madras Road, 80ft road and 100ft road. The most recent addition to its infrastructure has been the Namma Metro, which has two stations in Indira Nagar. Indira Nagar has everything right from entertainment centres and hospitals to educational institutions and supermarkets.

Considering the above, Bangalore Indira Nagar properties command high-property values, both for sale and rent. Capital values for apartments and independent houses and bungalows for sale in Indira Nagar are in the range of INR 9,000–15,000/sq. feet. Hence, a 3BHK bungalow in Indira Nagar (area 1,700 sq. feet) is priced around INR 2–2.5 crore and a 2BHK flat (area 1,100 sq. feet) is priced around INR 90 lakhs. Similarly, capital values for renting Indira Nagar properties are around INR 22–25/sq. feet for flats and bungalows. Hence, a 2BHK flat (area 1,400 sq. feet) costs around INR 30,000–36,000/month and a 3BHK bungalow (area 1,500 sq. feet) costs around INR 33,000–38,000/month to rent.

Indira Nagar property values were around INR 6,000–7,000/sq. feet around two years ago, and have increased by almost 50%. With Indira Nagar blooming and growing every day, the prices of Bangalore Indira Nagar properties are expected to go nowhere but up. High-end residential projects are being launched, and the areas of 100ft road and CMH road turning into high-value commercial areas, which makes investing in this region a wise choice indeed. However, Indira Nagar properties today and in the future are and will be out of the budget for most of the burgeoning middle–class home buying and renting population in the city.

In fact, it is the areas of “Greater Bangalore” such as Yelahanka and Jalahalli in the north and Sarjapur and Attibele in the south which are more affordable, both to buy and rent.  These areas have capital values in the range of INR 3,500–4,500/sq. feet for properties for sale and around INR 13/sq. feet for properties for rent, making buying and renting properties here very affordable. Hence, one should consider heading to the peripheral areas of Bangalore, for that’s where the best bargains are.

Shriram Sameeksha – Affordable homes for all budgets
Shriram Signiaa – A dream house that you cannot miss
Shriram Smrithi – A wise investment that appreciates every year
Chirping Woods – A idyllic bird haven amidst lovely woods
Shriram Suhaana - Luxury villas and apartments for sale
Shriram Summitt – Make the right move now and book your space

CR040: Match Outdoor Furniture to Your Personality

Outdoor furniture 300x184 CR040: Match Outdoor Furniture to Your PersonalitySometimes we get so involved in decorating the interior of our homes that we forget about the exteriors. In many cases, people think of outdoor furniture as a necessity, a boring addition to the porch or patio in a yard. However, your outdoor furniture doesn’t have to be dull at all and can reflect your taste and personality just as well as the furniture inside your home. Find out how…

Bangalore Upcoming Properties – Five Real Estate Trends That Are Popular

When it comes to real estate many of the Bangalore upcoming properties are following a variety of trends. The willingness to experiment with and try out with new concepts in housing, the accessibility to various raw materials, and the availability of skilled workforce including interior designers and decorators are just some of the reasons for these new trends that have hit the city’s real estate. Summarized below are five very popular trends –

Sustainable architecture and green homes

Bangalore has 39 of Karnataka’s 41 green buildings, and more and more developers and home buyers are realizing the long–term

Bangalore upcoming properties Bangalore Upcoming Properties – Five Real Estate Trends That Are Popular

Bangalore upcoming properties

benefits of going green. Natural building materials, sustainable outer and interior designs, and the incorporation of open green spaces in Bangalore upcoming properties demonstrates the extent to which the “green” trend is popular in the Garden City today. For instance, Shriram Smrithi in Sarjapur Road has 12 acres of green space in a 21-acre property.

Affordable prices and unconventional markets

The middle–class is responsible for most demand in real estate in Bangalore today because Bangalore properties are finally leaning towards affordability. This comes in the wake of expansion of Bangalore and the blossoming real estate in “Greater Bangalore” – areas such as Sarjapur, Attibele, Anekal, Yelahanka, Jalahalli, and Hoskote, to name a few. Capital values in these areas are in the range of INR 3,200–4,500/sq. feet, which is much lesser than property values within the older parts of the city. The affordability factor is giving the middle–class the opportunity to own spacious and luxurious homes at affordable prices.

Gated communities

As safety and security becomes an issue in bigger cities, people’s living preferences are undergoing a change. Single–house living is being phased out, and more people prefer living in gated communities. Although the trend has been in the formative stages for a few years, it is still popular because of its relevance. Gated communities not only offer the safety net for their residents but also offer access to a host of facilities. What’s more, gated communities today house not just apartments, but also villas and villaments, widening the housing preferences for those who wish for it. In Bangalore, upcoming properties such as Shriram Chirping Woods (Sarjapur, a gated villament community) and Shriram Sameeksha (Jalahalli, a gated apartment community) combine affordability and luxury under one roof, fulfilling the ultimate middle–class fantasy of owning large homes in a sprawling complex.

Contemporary architecture

Contemporary architectural designs in Bangalore today are minimal – clean, straight lines, absence of elaborateness and intricacy, minimum detailing, contrasting elements, and the use of natural and recycled materials. Upcoming properties in Bangalore are  following the adage of less is more.

Open floor plans

As living areas shrink, open floor plans are fast catching on in Bangalore’s real estate. Whether it is a 3BHK bungalow or a studio apartment, the absence of many walls in the house and the open design offers not only flexibility but also efficient living according to utility and lifestyle.

Shriram Sameeksha – Affordable homes for all budgets
Shriram Signiaa – A dream house that you cannot miss
Shriram Smrithi – A wise investment that appreciates every year
Chirping Woods – A idyllic bird haven amidst lovely woods
Shriram Suhaana - Luxury villas and apartments for sale
Shriram Summitt – Make the right move now and book your space

Bangalore Properties for Sale Indira Nagar – Is It Affordable?

Many start their real state search with Bangalore properties for sale Indira Nagar. Swanky, posh, and an important commercial and residential hub, Indira Nagar is touted to be one of the most expensive areas of Bangalore today.

Initially formulated as a BDA layout in the early 1980s, Indira Nagar was largely known to be a residential area at that time, dotted

Bangalore properties for sale Indira Nagar Bangalore Properties for Sale Indira Nagar – Is It Affordable?

Bangalore properties for sale Indira Nagar

with bungalows and villas mostly belonging to the defence personnel. The area was quiet, serene and peaceful with lush green cover. When the IT wave engulfed the city, Indira Nagar properties were restructured and became a mix of residential enclaves and commercial establishments. Soon, social infrastructure crept in and took over the area, completely transforming it. Today, the region has a host of branded stores, entertainment and cultural hubs, restaurants and eateries, fitness centres, banks and ATMs, supermarkets, lifestyle showrooms, shopping malls, places of worship, hospitals, educational institutes and much more. 100ft and 80ft road has majority of the commercial spaces. Celebrities, sports personalities and many of the state’s politicians have made Indira Nagar, their home. Of all Bangalore properties for sale Indira Nagar properties are, sought out by the rich, elite and upmarket individuals – locals and immigrants alike – who live a highly sophisticated lifestyle and speak a variety of languages.

What’s more, Indira Nagar is easily accessible from most of the major places in and around the city – ORR (8km), Bangalore city junction railway station (10km), MG Road (6km), and Koramangala (7km). 100ft road, 80ft road and the Old Madras Road make Indira Nagar accessible from most of the regions in the city. The region has a BMTC bus depot and several buses run through the area. The Namma Metro Purple Line has two stations in the neighbourhood at Swami Vivekananda Road and Indira Nagar, enhancing the connectivity of the region.

It is no wonder that of all Bangalore properties for sale Indiranagar properties are commanding high-capital values – around 9,000-11,000/sq. feet for flats and bungalows, up from INR 6,200/sq. feet around two years ago. Indira Nagar has an equal number of flats and bungalows (48-49% each). A 2BHK flat costs between INR 60 lakhs and 1 crore and a 3BHK flat costs around INR 1.5–2.5 crore. Similarly, a 3BHK bungalow is priced no less than INR 1.5–2 crore, and a 4BHK bungalow is priced around INR 2.5–3.5 crore.

Hence, to put it bluntly, Indira Nagar is in no way affordable, even to the burgeoning upper middle class. Today, one of the best real estate investment regions are the outer areas of Bangalore such as Yelahanka, Jalahalli, Bidadi, Anekal, Attibele and Sarjapur Road. The prices are affordable, and the social infrastructure is great, the areas are well–connected and the homes are more spacious than those in the city. Some projects that are worth checking out are Shriram Chirping Woods and Smrithi in Sarjapur-Attibele region, Suhaana in Yelahanka and Sameeksha in Jalahalli. These projects resourcefully pack luxury and affordability under one roof in the gated apartment and villament projects.

Shriram Sameeksha – Affordable homes for all budgets
Shriram Signiaa – A dream house that you cannot miss
Shriram Smrithi – A wise investment that appreciates every year
Chirping Woods – A idyllic bird haven amidst lovely woods
Shriram Suhaana - Luxury villas and apartments for sale
Shriram Summitt – Make the right move now and book your space

Bangalore Properties on Rent – Disadvantages of Renting

Bangalore properties on rent have been observing an increasing demand from IT professionals, expats, NRIs, HNIs and others who are keen to move to the Garden City. Renting is an affordable alternative if one is short of funds or is looking for flexibility or is staying in the city only for a short while. However, understanding the pitfalls and disadvantages of the same can help people make educated choices for their families and weigh their options too.

Absence of equity

One of the biggest disadvantages of renting Bangalore properties on rent is that you won’t be gathering any equity of sorts. The

Bangalore properties on rent Bangalore Properties on Rent – Disadvantages of Renting

Bangalore properties on rent

monthly rent payments are neither savings nor are they being invested; in fact, they are further adding to the landlord’s equity by paying off his debt or earning him income. Home ownership, on the other hand, is an equitable long–term investment and a financial cushion for life. Every EMI you pay towards the loan pays off your debt a little more and brings you closer to safety, security and building your wealth.

Insecurity and instability

Beyond your lease, renting apartments offer unpredictability, instability and insecurity. Even if you have signed a year or two year – long lease, there is no guarantee that it will get renewed. The landlord might wish to rent it out to someone else, or the house might even get foreclosed due to imprudence on the landlord’s part. Additionally, one might not be able to renew on the same terms and conditions, and the renewed lease might come with more stipulations or more rent than you anticipated. Bottom line is that there is no stability when one rents a house.

Lack of freedom and flexibility

Most of the landlords do not allow for any kind of changes on the property, neither remodelling nor decorative. Hence, renters end up adjusting themselves to the homes rather than making the homes more personalized, efficient and liveable according to their lifestyle. In fact, even if renters did get the permission, any money spent on improving the house goes towards the landlord’s investment and wealth, not the renters. Home ownership gives flexibility and freedom in many ways, including customizing a space and making the house more valuable through remodelling.

Restrictions

There will be mounting restrictions when you live in Bangalore properties for rent. While some landlords have the “No pets” rule, there are yet others who limit the number of days that friends and guests can visit you – landlord’s house, landlord’s rules.

Lack of financial incentives

Renting homes does not give the renters any kind of tax incentives of breaks. Homeownership, on the other hand, gets people lots of tax incentives, apart from building wealth and equity. For instance, interest on the home loan is deductible from property taxes.

What’s more, the cost of moving every time one relocates is much more than one would pay towards the loan for homeownership. Hence, one should carefully consider the above points before considering renting a home.

Shriram Sameeksha – Affordable homes for all budgets
Shriram Signiaa – A dream house that you cannot miss
Shriram Smrithi – A wise investment that appreciates every year
Chirping Woods – A idyllic bird haven amidst lovely woods
Shriram Suhaana - Luxury villas and apartments for sale
Shriram Summitt – Make the right move now and book your space

Bangalore North Properties Sale – Price Trends

The process of Bangalore north properties sale, picked up pace in 2005 when the green signal was given for the international airport and Devanhalli and the Arkavathy (BDA) layout near Jakkur. Soon, big-ticket and small developers alike expressed interest in North Bangalore, investing in large land parcels over a period of time. The process gathered even more momentum with the infrastructure development taking place in the area with the makeover of the Bellary Road, the underpass at Mekhri Circle, the clover bridge at ORR and the elevated expressway to the airport.

Bangalore north properties sale 221x300 Bangalore North Properties Sale – Price Trends

Bangalore north properties sale

Ever since the airport became operational, the region has seen phenomenal development – in fact, North Bangalore observed a 3% rise in migration rate due to its development alone. Hotels, self-contained townships and planned apparel parks further sparked interest in North Bangalore’s real estate. Finally, the proposed financial and IT parks, the Aerospace SEZ and the international convention centre at Devanhalli, Manyata Business Park at Hebbal, the Intermediate, Peripheral and Satellite Town Ring Roads, and new lines and stations of the Namma Metro project have increased Bangalore north properties sale manifold. The arrival of the Namma Metro Green Line (Yeshwantpur, Jalahalli and Peenya) has solidified the position of north Bangalore properties on Bangalore’s real estate map.

The price trends that North Bangalore properties have been following further demonstrate how much the area has grown in popularity. Yelahanka, which is one of North Bangalore’s most developed, well-laid out and popular areas, has seen a steady rise in capital values in the last seven years – from INR 2,600/sq. feet in 2007 to INR 4,500-4,600/sq. feet today. Even Jalahalli, where the capital values were around INR 3,800/sq. feet three years ago, is now seeing its property values in the range of INR 4,570-4,590/sq. feet, an appreciation of almost 20%. Its proximity to ORR and MG Road, one of the poshest areas of Bangalore, make it very popular. Capital values in Yeshwantpur have appreciated from around INR 5,600/sq. feet two years ago to around 6,800–7,000/sq. feet today. Hebbal has also observed price appreciation in the wake of the development of Manyata Business Park – property prices have risen from INR 5,200/sq. feet two years ago to nearly INR 6,400/sq. feet in the April–June quarter.

Thanisandra has been observing rapid commercialization and residential expansion ever since the international airport came up. Since the region sits right next to ORR, its connectivity makes it a very attractive investment for real estate. Property values have increased from INR 4,300/sq. feet in 2012 to INR 5,600/sq. feet today. Even an area like Jakkur, which is farthest from the city and closest to the airport, has seen property prices’ appreciation from INR 3,900/sq. feet two years ago to INR 4,600/sq. feet today.

It seems that North Bangalore (“Greater Bangalore”) has overcome the horrors or urban sprawl by adopting the policy of smart growth. It is no wonder that Bangalore north properties sale is, thus, one of the hottest activities on Bangalore’s real estate map today.

Shriram Sameeksha – Affordable homes for all budgets
Shriram Signiaa – A dream house that you cannot miss
Shriram Smrithi – A wise investment that appreciates every year
Chirping Woods – A idyllic bird haven amidst lovely woods
Shriram Suhaana - Luxury villas and apartments for sale
Shriram Summitt – Make the right move now and book your space

 

Bangalore properties websites: Websites vs Brokers

There are innumerable bangalore properties websites. While some sites are very popular and have a presence in almost all cities in India, some try to give the local brokers a run for their money by bringing in the local real estate information right at their doorstep.

Bangalore properties website 300x206 Bangalore properties websites: Websites vs Brokers

bangalore properties websites

Many Bangalore Properties Websites are in direct competition with the brokers and that leaves the consumers in a dilemma. Brokers have traditionally been in the realty area for many decades. By offering personalized services they have been instrumental in finding houses and apartments for years and years. Newspapers and exclusive classified papers didn’t put them put a dent in their business. For many years, they remained in the forefront of realty business and brokered many deals and a hefty commission from their customers.

The dynamics of their business changed thanks to the Internet penetration in India and with them came free classifieds. Now why would you pay thousands of rupees to put an ad in Deccan or Times when you could get a whole page of dedicated to your need in the classifieds website. Convenience was one of the main factors that dragged many from the newspaper to websites. Unlimited words, photos, maps and videos are some of the many advantages that the websites offer us today.

By checking out the ads posted by the owners, many could effectively avoid getting the brokers involved in the deal. Even today, this is probably the major lure of bangalore properties websites though many brokers have found it useful to use these sites too. Today, about 30% of ads on bangalore properties websites are from brokers who either act for the owners or get into the picture when they get a prospective tenant/buyer post websites.

Despite the convenience of classified websites and apps, still many prefer to go through brokers as they find it easier to confide their specific requirements to a live person rather than a search engine.

One of the major advantages that the brokers bring to the table is their local know-how. A good real estate broker would be able to guide you to the right locality that are safe and are at an easy distance from shops, hospitals and transport facilities. Many reputed brokers even carry a ‘power of attorney’ signed by the owner to act on their behalf during the sale. When it comes to renting, a good broker will be able to get the right kind of tenant for the landlord or even vice versa.

While there are pros and cons on both sides, you will still need to do a thorough background check of the area and the house before you move in.

 

Shriram Sameeksha – Affordable homes for all budgets
Shriram Signiaa – A dream house that you cannot miss
Shriram Smrithi – A wise investment that appreciates every year
Chirping Woods – A idyllic bird haven amidst lovely woods
Shriram Suhaana - Luxury villas and apartments for sale
Shriram Summitt – Make the right move now and book your space

 

Bangalore Real Estate Properties – How to Sell A House

Bangalore real estate properties for sale by homeowners are selling like hot cakes ever since the economy took a turn for the better in the Garden City. However, selling a house isn’t as simple as sticking a “For Sale” sign and waiting for buyers to flood your house. Selling a house in Bangalore involves a lot of hard work and homework. Summarized below are the various steps involved in selling a property –

Real estate homework

Irrespective of whether you’ll be hiring a selling agent or whether you’ll be doing it yourself, it is imperative for sellers to be aware

Bangalore real estate properties 281x300 Bangalore Real Estate Properties – How to Sell A House

Bangalore real estate properties

of and understand the jargons involved in the real estate glossary. Ask people, look up real estate websites, read magazines, newspapers and books and familiarize yourself with the real estate terminology.

Choosing an agent/property dealer

Bangalore real estate properties are many in number, and so are the buyers. If one does not wish to make house–selling a part–time job, hiring a real estate agent is necessary. The agent will take care of advertising, showing and completing all the necessary formalities involved. Try and meet with and interview at least four to five neighbourhood dealers before you zero in on one. Negotiate then and there about the terms and conditions, and the commission.

Getting the house ready for sale

Letting go of your emotions and thinking practically by de–personalizing the house is the hardest step. To get a good value on the house, preparing it for sale is imperative – cleaning, fixing, sprucing up, de-cluttering, staging and improving curb appeal. Repairing creaky doors and windows, weeding the lawn, replacing broken tiles and faded wallpaper, giving the house a fresh coat, and removing pictures, personal objects and extra furniture and staging the home will help buyers in imagining their new life in your home. 

Pricing the house

Pricing the house is very important – it is instrumental in making or breaking a sale. You (and the real estate agent, if you have hired one) need to consider the following factors while deciding on the price – location and area, size, amenities and features, age of the structure, area trends and prices of similarly priced homes in the neighbourhood. These will help in determining a fair market value for your house. Homeowners can consult online portals such as magicbricks.com, 99acres.com, sulekha.com, and commonfloor.com, magazines, books and newspapers to figure out home values in their neighbourhood.

Marketing your house

If one is not using an agent to sell Bangalore real estate properties, the physical and online media are indispensable in marketing one’s house. Posting photos of the house with brief descriptions in newspapers, magazines, social networking sites and online forums gets the house noticed.

Closing the deal

After negotiations, the buyer and seller settle on a mutually acceptable price and close the deal. The process includes the buyer paying a deposit, working out the financial and legal details under the contract and finally handling over the keys on the settlement day after the payment of the balance amount.

Shriram Sameeksha – Affordable homes for all budgets
Shriram Signiaa – A dream house that you cannot miss
Shriram Smrithi – A wise investment that appreciates every year
Chirping Woods – A idyllic bird haven amidst lovely woods
Shriram Suhaana - Luxury villas and apartments for sale
Shriram Summitt – Make the right move now and book your space