Here are The Property Show's recommendations
- The recommended locations are Binnypet and Mysore Road.
- This market has both mid and luxury segment projects.
- The weighted average price in Binnypet is Rs 9,000 per sq ft and in Mysore Road is Rs 5,000 per sq ft.
- There are 1,150 apartments in Binnypet and 1,280 apartments on Mysore Road.
- The annualised returns of Binnypet and Mysore Road are 4.7% and 7% respectively.
Recommended Project 1
|Project Name||Sattva Divinity|
|Developer Name||Salarpuria Sattva Group|
|Price (Rs/ sq ft)||5,300|
|Unit Size||3BHK: 1,500 sq ft|
The project is spread over in 11 acres and has 10 blocks of Ground + 22 floors. It is located on Mysore road ( Near Salarpuria Melody) opposite to the existing Nayandahalli metro station. The Metro station connects the project to Baiyapanahaly, Central Bangalore, and Malleshwaram. Home loans are available from LIC Housing and HDFC among others.
Recommended Project 2
|Project Name||Pride Enchanta|
|Developer Name||Pride Group|
|Price (Rs/ sq ft)||5,600|
|Unit Size||3 BHK: 1,560 sq ft|
The project is spread across 5 acres and has 4 blocks of Ground +13 floors. It is located on Mysore road and is opposite to the BHEL factory. The project has been approved by banks like SBI, ICICI, AXIS, PNB and LIC for the home loans. The Gopalan Mall and Satellite Bus stand are in close proximity to the project.
Recommended Project 3
|Project Name||Park West|
|Developer Name||Shapoorji Pallonji|
|Price (Rs/ sq ft)||6,786|
|Unit Size||2BHK: 1,350 sq ft|
The project is spread over 47 acres and is being developed in phases. It is located on Binnypet, close to the Mysore Road. The Magadi metro station is a kilometre away from the project. The city Railway Station, Majestic Bus Terminal and Central Bangalore (MG Road) are about 3 kilometres from the project location. Home loans are available from all leading banks.