Comments on: House hunting woes in Bangalore

By: markson

markson — Wed, 15 Jul 2009 08:50:36 +0000

Hi Anita,

Nice blog about the house hunting woes.

Let me also put my observations over the decades as a Bangalorean.

I have seen people approaching me(and my friends) to purchase a 30X40 plot near Nagarbhavi in 1996–99, anything between 200–300 Rs/Sqft. Now a days asking price is more than 3200 (and some guys quote even 3900) for the same plot. This kind of all rise is happening because of:
a) Brokers usually look for anxiety in buyers and inflate the price
b) Buyers are always worried about price hike and will be in a state to purchase even for higher price thus pushing demand.

Markson

By: Mohan

Mohan — Sat, 30 May 2009 18:53:37 +0000

Well, I came across this blog. Look interesting. I also feel that TOI is an agent of developers and big builders. May be they are get paid to write in Propert Pages “Suburs hold the key to growth”, “North corridor is the best investment avenue” “See boom in Realty market after new government”… Even in the times of deep recession when markets worldwide were at rock bottom, and builders were running around to get their loans rolled over, TOI had been writing about the boom in the Realty. I dont read property pages on TOI for this reason. It is a white lie. I think it needs an enquiry to find out the nexus between TOI, builders and underworld (I believe realty is the black money to white money changing avenue for the underworld).

By: Ravindranatha

Ravindranatha — Wed, 29 Apr 2009 10:18:33 +0000

He Guys/Gals Just wait for a Year or so you will see property prices will decline which are most likely to in the year 1999 :).if you need any help contact me on anravindranatha@yahoo.com

By: Ajit

Ajit — Tue, 30 Dec 2008 21:37:32 +0000

Wow!!! the truth of any young generation entry this world out of college. Though the blog is 2 years old it holds good for everyone out there ” Forced to settle down”. Me looking for a flat from from past 4 years, Still searching have not found one, the reason everytime i push my limits higher the prices have jumped that much higher.That the sad story!!!. It will go on & on till there is a break down. looks like one is fast coming. me sitting in US can feel it. So all the prospective single income guys wanting to buy should have hopes like me. There could be light at the end of the tunnel

By: Meera

Meera — Fri, 12 Sep 2008 07:14:01 +0000

Anita, posting a link to this article relevant to this discussion - it will be useful when people are house/property buying: it covers what is a Khata, what is a sale deed etc. ABCs of property papers

By: Priyanka

Priyanka — Wed, 16 Jul 2008 07:17:04 +0000

Halo to all!!!
I can probably help you people in buying a house or apartment in bangalore. I am a property consultant. Incase you are looking at buying or renting any place, please mail me with all the details. Will surely help you
Mail me @ priyanka.erappa@homebay.co.in

By: Madhusudan

Madhusudan — Wed, 18 Jun 2008 13:56:29 +0000

I donno when i will be able to have my own house :(

By: Hans

Hans — Tue, 17 Jun 2008 02:12:53 +0000

Can sortof understand these prices in a city like Bangalore — with the skyrocketing IT salaries there…what I dont understand is why an apartment in Trivandrum, with salary levels several times lower than Bangalore, costs pretty much the same :)

By: R

Tue, 13 May 2008 10:05:19 +0000

Good Blog!!!! Prices might stablize a bit but unlikely to come down. There are many apartment projects in Bangalore where prices are below 2000rs per sq ft, however quality is compromised.

Best is to invest in land and later think of building a house.

By: Murthy

Murthy — Wed, 09 Apr 2008 14:08:55 +0000

The whole country agressively reacts to a rupee rise in petrol/cooking gas. However nobody bothers at over 100% rise in property.

Roti, Kapada, Makan was a dream of every indian … its a nightmare now !