Thursday, September 3, 2015

Buying a Property in Bangalore? Here is what You Need to Know

Bangalore, the IT hub of India, is becoming a favourite city to invest in by Indians as well as NRIs. People residing in UAE, USA, UK, Canada, Australia, South Africa and Singapore are keen on investing in this city due to its rapid infrastructural developments. Mahidhara Fortune City is the best option to invest in currently in the city. It offers great luxurious villas in South Bangalore, with great amenities like club house, library, sports zone, banquet hall, party lawn and much more.

Whether you are an Indian or an NRI, there are two essential things you need to check for before investing in any property.

independent villa for sale in bangalore

Type of property

NRIs want to invest in luxurious homes as they are earning great amounts abroad. Seeing this demand, real estate developers are building more and more high-end projects, specifically for NRIs. If you are planning to invest in such big investment homes, you need to check properly the quality of building materials and its resale value. Also make sure that all the conditions of building the property have been met by the builder.

Builder's record

There are many fraud builders come up in the market. So, it is essential to check the background of the builder - his past records, his earlier transactions and his reputation in the market. Ensure that the builder has all the legal documents required and permission to build up the property. Make sure he hands over all the proper documents to you before investing in his property.
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