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Blue Malibu by Aarna Builders Near Madivala Lake, BTM Layout, Bangalore

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Blue Malibu by Aarna Builders Near Madivala Lake, BTM Layout, Bangalore

Last updated: February 14 2016
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  • Blue Malibu by Aarna Builders Near Madivala Lake, BTM Layout, Bangalore

    Hi,

    I came across Blue Malibu - Aarna Builders - 2 & 3 BHK Deluxe Apartments Bommanahalli, Bangalore South Near Madivala Lake at 3300 Price/Sft.

    Is it worth investing in this apartment for the given price range? and also about the builder.
    Last edited March 23 2017, 11:50 AM.
  • #2

    #2

    Re : Blue Malibu by Aarna Builders Near Madivala Lake, BTM Layout, Bangalore

    Originally posted by pjaryan View Post
    Hi,

    I came across Blue Malibu - Aarna Builders - 2 & 3 BHK Deluxe Apartments Bommanahalli, Bangalore South Near Madivala Lake at 3300 Price/Sft.

    Is it worth investing in this apartment for the given price range? and also about the builder.
    Ideal price for Bommanahalli and Virat nagar properties are 2300- 2700

    Please check the documents properly since there are lot of encroachments in that area.

    You should ask builder about BBMP approved plan, Occupancy certificate, NOC from fire, bescom, bwssb etc

    Comment

    • #3

      #3

      Re : Blue Malibu by Aarna Builders Near Madivala Lake, BTM Layout, Bangalore

      Thanks Mr. Joshi,

      Your inputs are always excellent!!!

      Here I am just checking for Investment purpose as I think this area ideal for good rental value and also the builder quoting for 3300/sqft.

      Please let me know ur inputs is it good for investment purpose.

      Comment

      • #4

        #4

        Re : Blue Malibu by Aarna Builders Near Madivala Lake, BTM Layout, Bangalore

        Originally posted by pjaryan View Post
        Thanks Mr. Joshi,

        Your inputs are always excellent!!!

        Here I am just checking for Investment purpose as I think this area ideal for good rental value and also the builder quoting for 3300/sqft.

        Please let me know ur inputs is it good for investment purpose.
        is that the final price what he is quoting? buy if he gives below 3000, I think vandana pearl, SLV flora and royal legend are few others which you can take a look(all are in range of 2700)

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        • #5

          #5

          Re : Blue Malibu by Aarna Builders Near Madivala Lake, BTM Layout, Bangalore

          Sure Mr. Joshi.

          Will defnitely consider your points but what is ur opinion about the area for the investment for Rental returns.

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          • #6

            #6

            Re : Blue Malibu by Aarna Builders Near Madivala Lake, BTM Layout, Bangalore

            2bhk 12thousand plus maintainence(for 1000 sqft) if its bigger than 15 thousand. You can expect 18 thousand for 3bhk.

            These are conservative figure and may expect higher if you are providing furnishings etc

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            • #7

              #7

              Re : Blue Malibu by Aarna Builders Near Madivala Lake, BTM Layout, Bangalore

              Thanks a lot
              Mr. Joshi

              Can u plz also let me know ur inputs abt the location for investment as I considerd this area will be central for Sarjapur, btm and electronic city tats why I thought it will be good for investment.

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              • #8

                #8

                Re : Blue Malibu by Aarna Builders Near Madivala Lake, BTM Layout, Bangalore

                thats correct, it will be a central and has easy access to electronic city and malls like forum, central and Bannerghatta road.

                Comment

                • #9

                  #9

                  Re : Blue Malibu by Aarna Builders Near Madivala Lake, BTM Layout, Bangalore

                  Any more inputs on this? Is it approachable from BTM 2nd stage?

                  Comment

                  • #10

                    #10

                    Re : Blue Malibu by Aarna Builders Near Madivala Lake, BTM Layout, Bangalore

                    No you cannot access this from BTM 2nd stage. Either you have come through Bommanahalli or Vijaybank colony layout. Builder says govt has some plans to lay road on adjacent to this project which will connect to BTM 2nd stage.( i.e Through Madiwala lake bank). But not sure how far it is true. The main problem is traffic chaos always at Bommanahalli Junction.

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