Investment Advice Needed

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I am looking for a plot/land around 25 Lakhs so that i can build a house so that total cost comes around 60Lakhs. I am really in a dilemma where to look for the land. Please suggest me the areas in which i can look around the price i mentioned. I am working on outer ring road (Prestige tech park), I can travel around 10-15kms.

I looked at the JR green park lakefront on Anekal road.But they are quoting a high price around 1800psf. Also i looked at the pruska and GR sun villas, but i felt there is no development in that area .

Please suggest some good options for buying land/villa in my budget.

Is it possible to get land in the following areas?

1.Ram murthy nagar.

2.Outer ring road(Behind cisco or belandur)

3.Thubarahalli

Please suggest any other areas. (By Phani – via Email)

Tags: asked October 4, 2011

1 Answer

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I am aware of Ram murthy nagar. Have you tried searching for a built house? A lot of newly built houses are being sold in this area, you may have trouble getting loans though. Not many are advertised by the owners themselves and you may want to call up a local agent there to show you all the options. 

Outer Ring Road near Bellandur is a very good place if you can find a site within your budget, I don’t have much info on Thubarahalli.
Did you check for some projects near Varthur? Varthur to Bellandur is just about 6 km, and is an upcoming area which will definitely pick up in future. Prices too are much lower.

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