andrila

First of, hello to all. This is my first post and it absolutely seems the owners connected with the discussion board does awesome job.

I look forward to learn a lot here, I an totally jazzed up to find this forum and read some of the posts.

My question is: I am trying to get some data/information about Bangalore property price trends for the last 10 to 15 years. Especially: land prices and residential building prices. Is there a spreadsheet/data information anywhere on the web? Any website recommendation? I will be very grateful.

Thank you all.

Srinidhi

http://www.nhb.org.in/Residex/BANGALOREres.php

andrila

Thank you so much for your post.

andrila

After reading some of the articles and also looking at the price trends of Bangalore properties, looks like prices are slowing down, rather declining. This really concerns me. Nobody like a bad investment! Suggestions are highly appreciated.

Thanks.

deepak_dips

I am anticipating after BBMP polls prices are going to pick up steadily..

kaatesha

a couple of brokers i know say market is flat. they are of the opinion it will stay at the same level for at least 2 years. if you take inflation into consideration, its a decline then

wiseman

Deepak,

Is there some connection between BBMP polls and Re prices that we are all missing?

And how much is it expected to go up and which locations? First time I'm hearing of this link!

cheers

andrila

Not sure I understood your comment. Can you be a little more explicit please.

Also, k, are you talking about the last 2 years or the forecast for the next 2 years? Can you please let us know where to find more information on all this? A website?

Thanks to all for such insightful info.

deepak_dips

HI Wiseman

The link here is pending BBMP polls govt. is not issuing katha for BBMP sites, neither they are accepting Akrama Sakrama charges. This makes the land title unclear for buyers. This may be regularized after BBMP polls so will the land prices rise due to this. Right now many land owners are selling the land at very low rates and they are quoting this as the problem.. This is just my interpretation..I may be wrong also..

arin_12

As per my observation the prices are flat. What ever how ever the agents are trying to sell the property. I believe you should not see any plot if you want it for investment. but if you are looking for build a house you can go ahead.
The Good news is that bangalore infrastructure is developing, so the people are not only centric to the city. People started staying out skirt of the city where the already price up previously. So there is no scope of increment there also but inf like road and the other facility are developing...

So moral is that you may see flat price in rent and purchase. Dont be in hurry.

__________________
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