Bangalore “The Silicon Valley of India” has seemingly picked up pace when talked about real estate. The IT boom has considerably brought a upward surge in the prices of real estate. With the coming of the IT boom, job opportunities have increased. Increase in job opportunities is consequently followed by an influx of population to the city. This rising population demands housing options. A major section of the population from the middle class seek budget flats in Bangalore. These are more economical and when taken from an investment point of view, they give a good ROI.
When looked at from the perspective of cost and price appreciation, investing in budget flats in Bangalore is certainly a good alternative to secure ROI. The demand for residential flats is increasing and so does the value of appreciation. As compared to plot, investing in budget flats in Bangalore would be cheaper for the investor also as land involves construction cost and value does not appreciate as would for budget flats in Bangalore. Also, worthy of noting is that budget flats in Bangalore are ready to generate income from the first day if it is given on rent.
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