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In metropolitan cities like Bangalore and Mumbai, investing into a property is always a beneficial option. The prices usually do not drop, unless there is some situation like the current COVID-19 pandemic. There might be a drop down in the property price for now, but it will soon rise up once everything comes back to normal.
In the long run, property prices have only appreciated in cities like Bangalore and rarely declined. Several flats are unsold in Bangalore but the reasons are probably lack of assured water supply, builders with doubtful reputations, or a locality with bad road infrastructure in the vicinity.
Regardless, the prices of flats have not come down. Builders with good reputation are never out of the funds and come up with distinct projects to keep the price at least stable if not rising exponentially. Apart from this, the rental value in the majority of the parts of the city is higher when compared to other cities. This adds to the benefit of buying a flat in Bangalore.
To end with, it is always a good option to invest in properties in cities like Bangalore, Pune, Hyderabad and so on.
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Authors Of The Question
Is it worth to invest in a flat above 1 Cr from ROI perspective in city like Blore?
Ramamurthy
562Views
4 Year
2020-09-09T15:59:25+00:00 2020-12-15T11:39:21+00:00Comment
1 Answers
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