Buying weekend home in Bangalore’s outskirts? You need to pay attention.
Undoubtedly, “Bangalore has the biggest advantage of being wrapped by different weekend getaways, which probably become the alternate home for for hard-working IT professionals. From golf homes to weekend homes in forest to green hill view plantations,” added by Krishna Arusuvan, CEO, KA developer and Real Estate Consultant, Also those who are going for such properties are the first time buyers.
Before pumping your money in weekend homes one need to go through these factors.
Before starting, let’s take the case of Subhadra Vishnu, who bought a 40x80 sq.ft plot in 2011 for Rs 2 crore and close to a forest area near Bangalore, the idea was to get up with the chirping of birds and feel that cool weather with a tranquil environment. But it is almost a year and I haven’t visited the place.
“The reason behind this, is that whenever I go there I have to clear and watch the vessels, as the maid not want to come each time, power-cut most of the time, and ultimately switch on the generator, So, instead of relaxing it become a fuss for us and turn it into a cantankerous,” added by Vishnu.
- The neighborhood
“One should always know the pros and cons of living in just a place before,” added by Arusuvan. While you might love the image of having a small rivulet flowing close to your home, but it might get flooded during monsoons.
- Location comfort
“Buyers need to accept the fact that due to weekend the volume of traffic and noise goes up,” says FayazAhmed, senior VP Business Development, Realthy World.
- Know the weather
Says R Balaji, a former owner of a weekend retreat, “We bought a farmhouse on the outskirts of Bangalore where the area was lush and full of greenery, but during the monsoon the house need to be fumigated quickly, moreover, the local domestic are irregular, so, we decided to sell to insulate from having a damp of insects”.
- Value for money
There should be a strong possibility of the property value getting capital appreciation in a set period, above all the thing to remember is that the value of a house can be assured only if the house is free from all the damage.
So it is undoubtedly, beneficial for you to keep all the points in mind before buying a weekend Home in Bangalore.