Under Construction Properties for Sale in Varthur Bangalore

Although most young buyers look for apartments because these are easier to maintain, villas and bungalows have still not lost their charm. Bengaluru, of late, has opened up with options developed by both private developers as well as by the Bangalore Development Authority. After successfully allotting 90 per cent of the developed villas at Alur, the development body has invited tenders for the next lot of villa developments at Hunnigere village of Dasanapura.

According to a monthly report released by PropTiger DataLabs, while the sales went up by 10 per cent in Bengaluru when compared to September, the new launches surged 127 per cent.

Here is a list of top five up-and-coming township projects in Bengaluru, a city which is a potential goldmine for investors.

During a hearing on April 16, Jaypee Infratech had said that its valuation has been slashed drastically and had put forth an affidavit to the Supreme Court stating that with the help of interim funds, it can finish the flats. However, this proposal has been rejected by the apex court as the statute bars an ailing company to bid. Jaypee says that its representation should have been considered given that it had been completing 500 units every month.

Since RBI has waived prepayment penalty on floating rate home loans, this can be a good time for homebuyers who want to get rid of their mortgage as soon as possible. Borrowers can also tweak their EMI structure and make partial payment of your loan to save money in the long run.