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johnnybravo
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Quote johnnybravo Replybullet Topic: Bangalore Property Prices!
    Posted: 10/Dec/2007 at 11:35pm
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!). Marred by Traffic, potholed small main roads and ghati crowd, that's 70% of Marathalli. But it is totally glamorized on the periphery with top companies buying spaces all along the outer-ring road - because this road again connects the East and South parts of b'lore all along the periphery.

One noteworthy thing about Marathalli is that it has been rightly or wrongly associated with an area of 'Second's or Factory Outlet stores' being host to a  lot of shops (around 1000 sq feet) of Reebok, Nike, Lee etc.
But 80% of b'lore wouldn't love to visit Marathalli - only those tech coolies staying closer would. Biyani is an ace land picker, all the stores that I have are extremely well placed from a crowd attraction perspective - I wonder what he saw in Marathahalli!
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omshivaya
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Quote omshivaya Replybullet Posted: 10/Dec/2007 at 1:02am
Maybe Marathalli is due to get a revamp, who knows?!! If it is so, then land prices around it should zoom. Go buy some decent plot there BGLRians LOL
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PrashantS
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Quote PrashantS Replybullet Posted: 10/Dec/2007 at 10:49am
om ji the whoel area is really expensive not coz staples  but coz it is a major IT hub and all top companies are there .Prices are already very high.too much traffic.In a few years the prices will touh the roof.If someone would have bought land there 10 years back at x  it is worth 90x .
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Quote PrashantS Replybullet Posted: 10/Dec/2007 at 10:51am
personally i feel it is a sick area to live in ..still thigns have to improve..Jayanagar is the best i guess...thnx to Hyder ALi for building the lal bagh otherwise ye builders usko bhi nahi chod te.
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basant
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Quote basant Replybullet Posted: 10/Dec/2007 at 11:00am
Originally posted by PrashantS

om ji the whoel area is really expensive not coz staples  but coz it is a major IT hub and all top companies are there .Prices are already very high.too much traffic.In a few years the prices will touh the roof.If someone would have bought land there 10 years back at x  it is worth 90x .
 
90 times in 10 years this could put equities to shame.Shocked
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johnnybravo
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Quote johnnybravo Replybullet Posted: 10/Dec/2007 at 11:09am
but that's true. I have heard stories wherein poor old farmers all along the outer-ring road now enjoy evening masti along the numerous bars that have opened in the same area!
People have become extremely extremely greedy. A shady 2 BHK there (technically termed as shack) rental comes around 15K with 1.5 Lakh deposit and when you quit *they* refund only 1 Lakh or if u r unlucky then u get much lower!
They have seen enough greed, I wish they see Fear sooner.
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omshivaya
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Quote omshivaya Replybullet Posted: 10/Dec/2007 at 11:29am
Prashant jee, Holly Molly :-O
The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it
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luke123
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Quote luke123 Replybullet Posted: 11/Dec/2007 at 12:21pm
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