January 10, 2017
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2:30Now PlayingExpert: Jayashree Kurup, Head- Research & Content, Magicbricks.com
Q: I have purchased a 30X40 site on Yelahanka-Doddaballapur Road in December 2015 for Rs 1388/sq ft. It is situated close to a tech park. I want to know the prospects of this area in next 3-5 years?
A: The future prospects in terms of appreciation on your land depend on what you plan to construct on it. There is generally a high demand for apartments in areas closer to tech parks as there is a young crowd that wants to stay in apartments, preferably gated communities that have all amenities.
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