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Post Property FREEIn Bangalore, the price of an independent house can be anything from 50 lakhs to several crores. However, even in this context, it is the average that is more damning: around 1.5 to 2 crores. Location, of course, is the big determinant. Central areas command prices that are already pretty much in crores. But even in the city, with our newly developed suburbs (and it seems we are a lot in the tech business of late), there is some talk of affordability, with prices that dip to half a crore in some places.
Buying a standalone house in Bangalore requires consideration of multiple factors. Number one among these is location, with size of the plot and dimensions of the house coming in a close second and third. While a house can always be remodeled or expanded, even an insignificant change in a location's real estate market can have a major influence on a home's long-term value. So think about how close the property is to the aforementioned location, as well as to the other key amenities that will shape your family's quality of life—such as, for example, good schools.
It is quite difficult to find independent homes in Bangalore for 30 lakhs. Although these properties are rare, they do sometimes appear in the city's distant corners. One might even believe that the independent structures in the outskirts are a more likely source of deals at this price point.
In Bangalore, there are many individual houses with lots of perks compared to living in an apartment. One of the main benefits is that if you live in an individual house, you basically have the freedom to do what you want with it. You can customize and expand when and if you desire. Even if you don't enjoy more privacy than an apartment offers, the potential for appreciation of your property buys you a kind of peace of mind that renting an apartment doesn't grant.
There are many legal steps to be followed when purchasing an independent house in Bangalore. The first and most crucial step is to check the property's title; buyers can then be confident of owning the property. The next document that must be thoroughly perused is the sale agreement. Would-be homeowners in Bangalore must ensure that under no circumstances has the property been used as collateral. Finally, proper registration of the sale deed is as important as it ever was. A house that is not properly registered is a house that is not legally yours.
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