Over the past few years, Bangalore has transitioned into a fascinating destination for property developers to cater demands of the market. Residents around the city are capitalizing on key opportunities that would help them save and provide a secured future for their loved ones. Investing in something as worthwhile as the real estate market is certain to provide formidable returns in the near future. Furthermore, the inclusion of real estate governing bodies like RERA and tax reforms such as GST has brought about a sense of order in the property market. Developers are now keen to introduce affordable strategies that would help them cater to drastic increase in residential demands. Also, the recent GST tax cuts for under construction projects that are priced below 45 Lacs from 12% to 5% is proving to be pivotal as potential investors can now frame economical budgets. Bangalore, also known as the Garden City of India enjoys impeccable climate almost throughout the year. This provides favorable conditions for residents to consider investing. This evident rise in urban populations has led to rise in social and IT infrastructure development. Presence of prominent IT corporations provides high-paying employment prospects in the IT sector. Aspiring IT professionals can now invest early on in their career and get accustomed to market trends before they finally purchase. This helps them stay close to where they work. Alternatively, they can double on an alternate source of income by planning to rent out the property to prospective tenants. Renowned property developers like Concorde have come up with a fascinating residential project called Concorde Auriga which is strategically located to precision at Medahalli. Medahalli, which is close to the KT Puram railway station offers seamless connectivity to the rest of the city. The project offers 2 and 3 BHK residential units that are spread over 5.5 acres of land. It is important that residents have choices on the table. Not having alternatives and having to choose what is provided impacts customer purchase decisions. To complement this, there are more than 500 residential units at Concorde Auriga which gives choices in regards to space, comfort, safety and convenience. Be it any product offering, a prior experience of the features can strengthen and uplift individual perspectives. Potential investors are now invited at the site so they experience facilities available for concrete investment decisions. Connectivity and Amenities- How do they affect land prices?
Any residential project constitutes of several aspects. One of the primary factors that affect customer purchase decisions and project credibility is the connectivity. Residents, who plan on staying further-off from the city for a calm and secluded lifestyle would expect to be seamless connectivity to the rest of the city. It practically makes no sense staying at a place which enjoys limited connectivity. On the contrary, along with the connectivity, comes the amenities devised within the projects. As they promote safety and comfort within the premises, absence of such features can adversely affect project reputation. Concorde Auriga, which is close to the Byppanahalli provides connectivity like never before. Another reason to consider the connectivity to and from the project is land appreciation. Potential investors can lay emphasis on the location of the project which could help them predict land value in the years to come. Concorde Auriga which is close to prime industrial areas like Kolar and Malur, offers high degrees of land appreciation which can be capitalized for formidable returns. Structural designs- Is a pre-determined approach necessary prior to property visits? Like the location or the amenities devised at the project, residents are curious about the exterior and interior design. As they contribute to a secured living environment, developers are partnering with prominent architects and engineers to create some of the most fascinating structures for a fulfilling experience. Another important aspect to consider is that it is a bonus coming to the property with a pre-determined floor plan. In most cases, residents are unaware of their individual requirements and are tricked into buying something they might not be able to afford. To avoid such circumstances, devising your own plan like a rough idea of a floor plan gives you the ability to compare your expectations between what is provided at the site. Concorde Auriga offers 2 and 3 BHK residential spaces which are conveniently spread out over 5.5 acres of land. The 2 BHK apartments spans over 900 sq.ft and 1150 sq.ft while the 3 BHK units are spread across 1400 sq.ft and 1700 sq.ft respectively. Considering the leverage of experiencing these plans, investing with Concorde Auriga Medahalli is an option not to miss out on.
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