Tag Archives: housing

Bengaluru Real Estate hits a all time high!

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This one time we’re not referring to the iconic superhero, but the prices of homes in the city of Bangalore. Even though real estate markets across the country are getting hammered because of the economic slowdown, rising interest rates, delays in project approvals and piling unsold inventory, Bangalore seems to be totally unaffected by this dark streak and has maintained and increased its prices of property(Much to the dismay of current and to-be wishful Bangalore property purchasers).

The reasons why Bangalore is performing better than other Indian markets are the more reasonable price spikes and better execution of projects. Statistics show us that while residential purchase witnessed a slowdown across major cities, Bangalore has escaped relatively unhurt, and witnessed a drop by just 18 percent. Even within Bangalore, the best performing areas in the city for the residential sector were areas in North Bangalore. These locations saw the highest demand and appreciation during the year. The improved infrastructure in this region, its proximity to Bangalore International Airport Ltd (BIAL) and overall enhanced connectivity helped North Bangalore become a much sought-after residential destination. Because of the infrastructure initiatives in various stages of construction and planning there, including the proposed high-speed rail link, the Hebbal-Yelahanka expressway, the elevated expressway to BIAL and the advent of the monorail, North Bangalore was one of the safest and most lucrative residential property investment bets of 2012. North Bangalore will continue to grow thanks to its massive potential for capital appreciation. Other top emerging destinations through 2012 were Tumkur Road, Vijayanagar and Magadi Road in West Bangalore, with capital value appreciation to around 12-15 percent. This region saw stable demand because of the developing metro line, which will provide enhanced connectivity. Yet another area to start edging its way into the limelight was Kanakapura Road, which has begun seeing the benefits of metro connectivity, the establishment of the NICE Road (the Bangalore-Mysore Infrastructure corridor), the availability of Cauvery water and its affordable price points. For retailers, mall developers and retail space investors, North and East Bangalore are definitely the areas to watch out for. The rapidly developing infrastructure and expanding residential catchments in these locations are reasons of vastly increased retail activity over mid to long term basis. Our sincere advice to small investors is to go for residential projects in which units are priced between Rs 80 lakh and Rs 1 crore as three-BHK units are going to be the fastest-moving and appreciating products in 2013 and beyond.

So, at the moment and in the near future, the stars of fortune have decided to keep shining in Bangalore’s favour. How long this win for Bangalore will last is a question of time and economic factors. The future may hold its ups and downs for Bangalore, but right now it’s just up and more ups

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Roofs & Rains

Do’s & Dont’s for your house during monsoon

If we say monsoons are fun, we might instigate many a debate. For some, the grey sky and muddy roads are reasons to dance and celebrate while for others…well it’s only grey sky and muddy potholes. But leaving the debatable favouritism towards monsoons aside, one can’t really deny the fact that monsoons are unavoidable and it’s always better to be prepared for them. We are sure your hair care products have come out of the closet and how-to-take-care-of-feet pages have start topping your computer history, but is your home sweet home prepared?

Ensure your home is weatherproof

Ok, so this term might have bothered many a souls by popping up unapologetically between your favourite show on TV, but the ad people aren’t really lying. Your house REALLY needs to be weatherproof since we aren`t fortunate enough to have different homes for different seasons. Make sure that the paint and the cement is right! To start with look for cracks along the ridge of your roof, inspect the valleys of your roof and replace any anomalies you find as soon as possible so as to avoid moisture leaks inside your home that can weaken your wall and/or ceilings.

Pre-monsoon renovation

You don’t want a pool of muddy water to clog your room neither do you want the newly plastered cement falling off your favourite ceiling. So any kind of major renovation work at home should be done either before the monsoons or after it.

Zip Lock

Keep your important papers in a waterproof zip-lock case or box. You know how moody rain Gods can be. They like spilling ‘water’ on your plans, literally. So stock up foodstuff and other necessities beforehand so that you don’t have to be a part of the monsoon hide-and-seek.

Splash some colour

Smile. Rains aren’t that bad. How much ever gloomy it gets outside, you can always add some colourful vibrancy to your walls or through your upholstery with a play of different hues and add funk to your abode. Go ahead and decorate your place in bright colours to liven up the mood. Make Yellows, oranges and lime greens your best friends.

Upholstery care

Roll away your expensive carpet for the monsoon and instead invest in washable alternatives.
A funky waterproof doormat in front of your house can keep away the unfriendly mud that your guests unintentionally (and sometimes intentionally) bring in. Also remember that leather is not really monsoon friendly. If it, or for that matter, any of your garments/upholstery, gets wet, let them dry at room temperature to avoid fungus.

Are your gadgets fine?

Don’t forget to keep silicon pouches near your gadgets to prevent them from getting moist and to reduce the danger of electrocution.

Also keep your home as dry as possible. Monsoons aren’t that bad. Open the windows wide, let the sunlight in and allow the whiff of soil soaked air fill your room. Take precautions and enjoy the beauty of the rain while it lasts!

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