Bangalore “The Silicon Valley of India” promises a very positive market in terms of appreciation. If you are seriously thinking of investing in real estate in Bangalore, safe bet for your hard earned money would be the BMRDA sites. These are government approved plots of land that are available for further construction or development. One would fine BMRDA sites in Bangalore in areas like Devanahalli, Magadi, Hoskote and a few more. Developers are seeking to develop these sites as potential buyers also prefer buying approved sites.
The BMRDA refers to the Bangalore Metropolitan Regional Development Authority which is an autonomous governing body entrusted with the responsibility of developing infrastructure and residential properties in the city. The BMRDA only approves projects that adhere to its specific guidelines. This is one reason why BMRDA sites for sale in Bangalore are in great demand. When investing in BMRDA sites the entire transaction is a transparent deal and makes it safe for investment. These sites are free from any fraudulent dealings. The price for these sites is high and hence any housing development on the site – plot, villa, apartment – when invested in would fetch a high ROI.
Invest in an approved plot or land and make your investment safe! Call us for further details!