Peninsula Prakruthi Villas Area Range 1450-2400 Sq.ft, Located at Sarjapur Road, Bangalore 3BHK Villas and 4BHK Villas.
Description:
Represented by Exclusive Designer Villas, our latest offering prakruthi Villa signifies refreshingly different lifestyle option and takes pride of place on the bustling sarjapur, yet away from the maddening crowd. To be precise,prakruthi Villa is located in a clean, green, pollution-free living environment at sarjapur.
Located at a healthy distance from the urban hub of Bangalore, Prakruthi is nonetheless well connected. Roughly 20 kms south-east of the city centre, it can be approached by three major roads: varthur road, sarjapur-outer ring road and Hosur road. prakruthi is 1km off sarjapur raod, near sarjapur town .
The town has a major bus station, and the Metro line is expected to reach here. While your home at prakruthi will become a sanctuary away from the rigours of the city, its strategic location still offers the conveniences associated with urban living. Essential services and amenities like educational institutes, health care centres, markets and entertainment are within comfortable reach; and these do not include the facilities planned at prakruthi itself.
Amenities:
Swimming pool
Shuttle court
Library
Kid's Play Area
Table Tennis
Multi Gym
Undrground cabling
party hall....etc.
Shuttle court
Library
Kid's Play Area
Table Tennis
Multi Gym
Undrground cabling
party hall....etc.
The Reserve Bank of India (RBI) has ruled out restructuring of bad real estate loans which may increase non-performing assets of banks, but bring down prices of homes as developers sell off properties to pay lenders. The banks were seeking permission to continue classifying some bad real estate loans as standard assets even after developers failed to pay.
One more restructuring would rather be a boon for developers to hold on to prices and profit. Banks are wary of the risk associated with commercial real estate because demand for commercial space such as malls has come down and there is a decline in demand in the residential sector. This problem cannot be solved by repeated restructuring of loans, but by reviving the market by lowering the price, making property more affordable and showing the customer some economic value in their purchases, it is observed.
The RBI allowed banks to restructure loans to both manufacturers and developers and continue showing bad loans as standard assets to save banks and developers from financial strain after the collapse of Lehman Brothers in 2008. That was for only those loans where the borrower was regular in repaying dues until September 1, 2008 and where the bank was able to restructure it by March 31, 2009.
While this helped banks and developers, consumers were at the receiving end since real estate companies held on to properties at high prices as they were not obliged to pay immediately. The subsequent pickup in economic activity pushed up all asset prices, including real estate, to levels almost close to those prevailing before the credit crisis. It is observed that there are signs that high levels of global liquidity are contributing to rising asset prices. The total outstanding loans of banks to the real estate sector stood at Rs 88,581 crore as of November 2009, according to RBI data.
Real Estate
Properties are available in Bangalore City.......
Purchase of apartments / Flat in bangalore
Flat purchase in bangalore
purchase of plot at electronic city
purchase of villas at sarjapur road
3bhk Villas for sale in bangalore
site available at Anekal road
purchase of site at aproved layout
Flat purchase in bangalore
purchase of plot at electronic city
purchase of villas at sarjapur road
3bhk Villas for sale in bangalore
site available at Anekal road
purchase of site at aproved layout
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