As the third-largest city in India, Bangalore has grown tremendously in the past few decades, particularly in fields such as property development. The city has also seen growth in the IT/ITES sector; a good climate and infrastructure have contributed to the influx of people from other parts of the country.
This has led to a high demand for villa plots due to the availability of quality products. Thus, investing in premium villa plots in Bangalore can turn out to be quite profitable if the factors determining demand and price are taken into account. Here are some important points that you need to consider if you are willing to invest in such a venture:
Location Matters
The location of the premium villa plot is perhaps one of the most important factors that needs to be assessed. It should be within or near a residential area and preferably close to the city’s IT corridors. Other key observations include the accessibility to schools, hospitals, malls and other amenities. For instance, some of the emerging micro-markets include Whitefield, Sarjapur Road, Devanahalli, North Bangalore and a number of other locations where many upper-end villa projects are being developed. Whenever searching for top-tier plots for a community in Bangalore, reach out to those developers who work in such areas.
Builder Reputation
It is important that the builder who is developing the premium community plots in Bangalore has a good reputation and past performance. Choose well-known and experienced builders, such as Urbanize Group, who have a track record of completing the construction of houses in a reasonable time and with high quality. Make sure to verify their experience, how many projects they have completed, the reviews of their previous clients, etc.
Amenities Offered
The nature of the project in relation to specific attributes and the facilities provided within the villa plot establishment must be assessed. Currently, most of the premium villa projects offer amenities such as landscaped gardens, swimming pools, a gymnasium, a clubhouse, play courts for tennis/basketball, supermarkets, cafes, etc. Few of the villa projects even have schools, health clinics, green spaces for walking and cycling tracks, etc. These types of amenities can raise your family’s standard of living a notch higher.
Sizes Available
Many of the villa plots available on the market today include 600 sq. ft., 1000 sq. ft., 1500 sq. ft. and so on. Therefore, determine your budget and area requirements, and then select a few high-quality villa projects that offer plots within your desired area range. If the plot size is larger, then the price per square foot is higher to offset the large space needed to develop. If you are on a tighter budget, 1000-2000 sq. ft. plots are more budget-friendly, but once you get into 2000+ sq. ft., everything is yours to create your dream villa from scratch.
Vaastu Compliance
The one aspect that a majority of home buyers in India tend to consider is compliance with Vaastu. The people of homes believe that defects in the home design or layout, according to Vaastu, can lead to negativity for the occupants. It is now common practice for Vaastu to approve most of the layouts and designs of the plots for premium villa projects. But you can always verify your astrologer before finalising your plot in premium community plots in Bangalore.
Payment Plans
It is here that many fall victim to shocking ads offering lucrative payment plans for builders. Avoid being tempted by the fascinating first-discount offers on the premium villa plots in Bangalore. Read the payment terms to the last detail to ensure you do not get an unnecessary extra charge or interest. Also, established property developers offer construction undertakings and guarantees that are linked to payments for your security.
To Sum Up
As incomes further increase and people tend to move to low-density suburbs, the requirement for premium villa plots in Bangalore will surge. If you want to enjoy the royal touch of luxury villa living, then here is the golden opportunity to avail yourself of the best of the premium community plots in Bangalore developed by Urbanize Group.
