Northland is a new townhouse project by Salarpuria Sattva offering just 34 units spread across 1.9 acres of land at Hennur Road. Each of the 4 bedroom town houses include a private basement and a private deck with Lawn and Terrace.
Salarpuria Sattva Northland Options
- 4 BHK Townhouses – 3564, 3672, 3579 and 3676 sft
Salarpuria Sattva Northland Location
On Hennur Main Road after Salarpuria Sattva Gold Summit and near Salarpuria Sattva Aspire
Salarpuria Sattva Northland Price
As of 2nd week of June 2015: Rs. 6890/- per sft. Total excluding registration, VAT and ST in the range of 2.7 to 2.8 crores
Visited the site, Its right next to Salarpuria Sattva Aspire and hardly 400 meters from Mantri Webcity.
People are selling at 4.5 crores for Villa and 3.5 Cr for Villaments in Hennur road.
Salarpuria is quoting Rs.6890 /- per sft and roughly 3900sft Row house will cost approximately 3 Cr.
Considering the Software/ Hardware park , SEZ and Enroute to international airport can look in to this as end user.
the article is more than 100 % true. Unless GOI buys all the unsold property and gives it to the people on 50 % discount the real estate market is not going to grow.
now the GOI is planning to tax all the unsold apartments..so that builders start selling or paying the tax..It is going to take another 10 years for the RE industry to recover..
Ram, Are you serious …
Do you really expect Our indian Government will buy all unsold properties and give 50% discount to us ?
Have you seen the BDA and BBMP Property index of Top areas in Bangalore ? Do you know the Guidance Value from the Government Itself.
Real estate will be keep growing untill the Investors and End users seeking houses…..
@Nirmal
Govt. will not buy unsold properties. However, it will ensure to keep the RE bubble afloat.
So, what if people can’t afford to buy these overpriced houses? Well, it can follow US govt. It can give out FREE loans to INELIGIBLE home buyers. Desperate home buyers will lap up such opportunities. And they will pay back the loan as far as possible and default conveniently, when they can’t. This may be the new normal going forward unless RE crashes to a reasonable level.
http://economictimes.indiatimes.com/wealth/real-estate/realty-trends/real-estate-market-no-longer-a-good-investment-for-a-household-portfolio/articleshow/47652964.cms