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FAQ: Is investing in Bengaluru good for future prospects? - Property Hotline
Posted
June 6, 2016
Views
36
June 6, 2016
36
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3:37Now PlayingBe Un Confused
Expert: Akash Bansal, Director, Liases Foras
Q: I own a 3 BHK flat in Kumar I Life at Bellandur near Sarjapur, Outer Ring Road in Bengaluru. I bought it 5 years ago for Rs. 4,300/sq ft. This was for investment purpose. Should I hold or sell? What are the future prospects of this area?
Answer: The current price in this project ranges from 6,500 to 7,000 per sq ft. The area has got good future prospects but it is better to sell now if you are getting competitive and good price as there is lot of inventory coming up in this area and builders are offering competitive prices and discounts to offload their inventories.
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