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FAQ: Where to buy a plot in Bengaluru? - Property Hotline
Posted
May 31, 2016
Views
1,685
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6
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May 31, 2016
1,685
6
0.36%
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2:32Now PlayingExpert: Jayashree Kurup, Head & Content research, Magicbricks.com
Q: I plan to buy a plot of land sized 1,200 sq ft in Bengaluru. I'm looking at 35:40 plots in New Town Yelahanka or Sarjapur. My budget is Rs. 20-25 lakh. I plan to hold the plot for 3-5 years and then build a home there. Could you please suggest some properties (plots) I can consider?
Answer: In New Town Yelahanka, a 1200 - 1400 sq ft. plot is available for Rs 22 - 25 lakh in the secondary market. In Sarjapur a plot of 1200 - 1500 sq ft is available for Rs 20 - 25 lakh. A number of properties are available in Sarjapur while Yelahanka has very few properties. Sarjapur saw capital appreciation of 20% in 1 year whereas Yelahanka New Town saw over 30% appreciations in the same time.
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