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Topic: Bangalore Property Prices!

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deveshkayal
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Joined: 04/Sep/2006
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Posted: 11/Dec/2007 at 12:25pm

People who bought flats by home loan two-three years ago are benefitting with the increase in prices after considering Prinicipal+Interest amount !

"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett

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Ajaya
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Joined: 29/Mar/2007
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Posts: 67

Posted: 11/Dec/2007 at 12:29pm

Originally posted by tushar

Marathalli, grhhh....its one of those typical sheepish areas on the outskirts of the city which one wants to avoid going (unless forced to go to work!).

Tushar I have no idea where you are living.But as some of the comments you made I don't agree.I have lived near that place for close to 5 years before leaving b'lore in Sept 2007.The location is excelent as per staple due to the following reason.

* Mostely IT crowd live there as that is the centeral location to go to any IT companies in any part of b'lore.Most IT ppl prefer to buy apartment in that location as that is central location .If they change job then also some other place will be same distance to them.Lot of apartmets are there in that ring road along with some posh row houses.You will find mostly apartment in both sides of ring road. You have multiplex is there nearby.

* IT coolies mostly prefer to go to big retail shop then the localites or govt coolies. This is my observation.

* In that location there are very few kirana stores.For many things you need to go little distance.

*Near by you have brand factory.The crowd you see in Brand factory is as if they are selling everything in free.

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Ajith
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Joined: 06/Aug/2006
Location: India
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Posts: 1284

Posted: 11/Dec/2007 at 1:01pm

Bangalore has a' research' background basically and so it will continue to attract high tech companies.But the centre of Bangaore is increasingly becoming unattractive due to pollution (I visit once or twice a year and stay with relatives near Hotel Leela,Airport Road ;Martahally is a few kms away from there-its less congested).
Outskirts-new areas, may be the best bet.

Edited by Ajith - 11/Dec/2007 at 1:25pm

Ajith

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johnnybravo
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Joined: 17/Jan/2007
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Posts: 533

Posted: 11/Dec/2007 at 2:22pm

Originally posted by Ajaya

Tushar I have no idea where you are living.But as some of the comments you made I don't agree.

Well how can you have any idea of where did I live !!

* The impression i gave was of 2005 but as I said (and also u did), Marathalli was/is better along the peripheral outer ring road only.

I might spark off a debate here, and somebody might get offended....but seriously, without any prejudice, quality of houses/apartments in Pune is much much better - just an observation.

Shhh...please don't expose Pune's roads for God's sake.

Anyways, lets trust Biyani, who might know more than u and definitely more than me about the location - and who cares whether techies live in shacks or castles as long as they visit staples

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luke123
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Joined: 02/Sep/2007
Location: India
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Posts: 427

Posted: 11/Dec/2007 at 4:15pm

You wouldn't recognize Marathalli of today if you are talking about 2005..

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kulman
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Joined: 02/Sep/2006
Location: India
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Posts: 9319

Posted: 11/Dec/2007 at 4:17pm

Originally posted by tushar

Shhh...please don't expose Pune's roads for God's sake.

Roads???? woh kya hota hain?

Life can only be understood backwards—but it must be lived forwards

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Ajith
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Joined: 06/Aug/2006
Location: India
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Posts: 1284

Posted: 11/Dec/2007 at 5:06pm

Luke,
I was mistakenly talking about the sleepy Maratahalli of 2003.(last visit)
Thats typical surprise story about outskirts.Koramangala is another.

Ajith

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johnnybravo
Senior Member

Joined: 17/Jan/2007
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Posts: 533

Posted: 11/Dec/2007 at 5:12pm

Originally posted by Ajith

Bangalore has a' research' background basically

Did u really mean research??? U said research or re-search?
Well B'lore needs to re-search a chief minister for sure!

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