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Property Prices Are Falling In Bangalore

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Property Prices Are Falling In Bangalore

Last updated: December 31 2014
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  • Property Prices Are Falling In Bangalore

    Hello guys,

    I just noticed this ad in common floor for SLS Symphony in North Bangalore. The owner is selling below the original price; 52.75L v/s 65L

    2BHK Apartment for Sale in Dasarahalli, Bangalore at SLS Symphony for 52.75 Lakhs posted on 8 Oct posted by Sanjay

    This is proof that property prices are indeed falling in Bangalore now.
    I have created this thread specifically so that people can post example of such real ads where people are selling at a loss.
  • #2

    #2

    Re : Property Prices Are Falling In Bangalore

    but seller might have bought for much lesser price and sold it for quick gains...

    Comment

    • #3

      #3

      Re : Property Prices Are Falling In Bangalore

      How you know original price is 65 lakhs ? No clear info you given for it. Is owner a builder, land lord or some investor. If landlord then generally landlords share apartments sold at lesser then what builder quotes. I don't think any body will give 65 lakhs for two bhk in Dasarahalli for an apartment from non reputed builder.

      Comment

      • #4

        #4

        Re : Property Prices Are Falling In Bangalore

        Originally posted by stupendous View Post
        How you know original price is 65 lakhs ? No clear info you given for it. Is owner a builder, land lord or some investor. If landlord then generally landlords share apartments sold at lesser then what builder quotes. I don't think any body will give 65 lakhs for two bhk in Dasarahalli for an apartment from non reputed builder.
        Reputed builder prices are already in Crores in that area.

        Sobha Moonstone | Sobha Moonstone Bangalore Dasara Halli - Buy, Sell, Rent Property

        The original price is 65Lacs mentioned here:

        SLS Symphony | SLS Symphony Bangalore Dasara Halli - Buy, Sell, Rent Property

        Comment

        • #5

          #5

          Re : Property Prices Are Falling In Bangalore

          So it looks like in real estate market also, there are bulls and bears. We have seen such trend only in share market.

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