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QUESTION

I have a budget of Rs 40 lakh, and I want to invest in Bannerghatta Road. Is MR Shine Woods a suitable option? Please recommend.

By Pranav   3 months ago  9 views
 
 
 
 
 
 
 
ANSWERS (1)
 
 
 
 
Neil Mehta 3 months ago
Hi Pranav, , firstly, I would like to tell you that the units available in MR Shine Woods are priced within the range of Rs 22 lakh to Rs 39 lakh, so it is within your budget. Also, affordable priced properties are more in demand these days. Since the project is nearing completion and is situated in Bannerghatta Road, the location could be an advantage. Various infrastructure upgrades such as Bannerghatta Road widening, RV road to Bommasandra [Yellow Line metro] and proposed metro line from Gottigere to Nagawara [Red Line] will improve connectivity which will lead to a rise in property rates. Due to the presence of IT companies and tech parks and proximity to Electronic City, rental demand is quite there in Bannerghatta Road, and once after getting the possession, you can place your property on rent and earn a monthly income of up to Rs 23,000.
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