Which is the costliest flat in Bangalore?

Which is the costliest flat in Bangalore?

The top 4 most expensive real estate deals in Bangalore of all time

  • Ajit Prabhu’s apartment at Four Seasons Private Residences at Embassy ONE.
  • Cornerstone’s Rs 45 crore land deal.
  • Sachin Bansal’s Rs 45 crore splurge.
  • Binny Bansal’s Rs 32 crore property in Kormangala.

Can I buy second flat in Bangalore?

To make the most of an investment, a second time home buyer must confirm the presence of core-business areas in the neighbouring 6 km. Unlike few metropolitan cities such as Chennai and Mumbai, core-business areas in Bangalore are found only in certain locations.

Which is the biggest apartment in Bangalore?

Tallest buildings

Rank Name Use
1 Mantri Pinnacle Residential
2 SNN Clermont 1 Residential
3 SNN Clermont 2 Residential
4 SNN Clermont 3 Residential

Should I buy a 10 year old flat?

1) The age of the property should ideally range between 1 to 5 years to a maximum of 10 years. 2) Know about the reputation of the builder and the quality factor associated with his past developments. 3) Understanding the reason behind the sale will help in uncovering the problems and issues with the property, if any.

Is it worth buying 10 year old flat in Bangalore?

It is worth buying an old flat because you will get the property at a cheaper rate than a newly constructed property. Benefits of Getting a resale flat: Less expensive as compared to newly constructed flats. In an old flat that is up for resale, you have the option to shift immediately after making the payment.

What is the life of a flat?

However,experts are of the view that concrete apartment buildings in India last only for 30 to 50 years compared to the expectation of 70 to 80 years. The short life span is an economic burden for not only owners and residents but to the nation as a whole.

Is it good to buy 25 year old house?

Benefits: Lower prices, better facilities The difference in the price of a newly constructed apartment and an existing one can be 25-50%, depending on the city, location and age of the structure. Even if you factor in the cost of renovation of the old apartment, it would still be a lot cheaper than a new one.

What is the life of apartments?

50-60 years
Ideally, the average lifespan of any concrete structure is 75-100 years. But, it is considered that the average life of an apartment is 50-60 years while of a house it is 40 years.

Who is richest person in Bangalore?

Top 10 Richest People In Bangalore In 2022

  • Azim Hashim Premji. Azim Hashim Premji is an Indian businessman, philanthropist, engineer, and investor.
  • Rajesh Mehta.
  • Amod Malviya.
  • Vaibhav Gupta.
  • Kiran Mazumdar-Shaw.
  • Nandan Nilekani.
  • Kris Gopalakrishnan.
  • Grandhi Mallikarjuna Rao.