Mahaveer Greens Multistorey Apartments Area Range 1087 - 2859 sq.ft., Located at Mysore Road, Bangalore available with 2BHK Apartments and 3BHK Apartments.
Description:
Mahaveer Greens, a cluster of 253 Luxury Apartments located on Mysore Road, diagonally opposite RV Engineering College ,perfectly designed homes with state-of-the-art fittings takes easy, comfortable and luxurious living to another level. Its proximity to educational institutions, entertainment zones, tech parks, industrial hubs, metro rail and hospitals makes Greens an ideal location for your home.
Common Amenities
Swimming Pool along with a Toddlers Pool.
Children's play area.
Gymnasium.
Steam Bath.
Sauna Bath.
Multipurpose Hall.
Jogging Track.
Indoor games Room.
Common Amenities
Swimming Pool along with a Toddlers Pool.
Children's play area.
Gymnasium.
Steam Bath.
Sauna Bath.
Multipurpose Hall.
Jogging Track.
Indoor games Room.
Bangalore city has grown in area from 225 sq. kms to more
than 800 sq. kms today to become Bruhat Mahanagar. The population of the city
IS now estimated about 85lakhs. The city has expanded without much planning
leading to deficiency in infrastructure like motorable roads, public transport,
regular potable water supply etc. However, with a lot of hue and cry by the people
published through print and electronic media, developmental activities are now
taking place slowly and the present global recession does not appear to have affected
much as far as developmental activities of Bangalore city is concerned. In view
of the developmental activities which are on, the city is attracting a large
number of people from allover the country and aboard and the area being vast at
the moment, the Bangalore city is not congested as we notice in other
developing cities.
The craze for owing a property in Bangalore among the people
coming to the city from other parts of the country has created a demand for land and buildings in the city. This demand for residential and commercial accommodation
has made a number of reputed property developers to enter the realty market of
Bangalore who own or control a large chunk of land in suburbs of the city. A
fairly good number of apartment buildings and commercial complexes developed by them all over Bangalore city are available for sale.
When there was a boom in the real estate sector in the
country and in particular at Bangalore, the construction activities were commenced
by the developers in full swing and now a large number of apartment units are available for sale. Unfortunately, with the on-set recession the developers are finding
it difficult to market their properties since the recession has badly affected
the purchasing power of the high paid salaried employees in LT., B.T. and other
sectors who were the main buyers of these high cost apartments. As the unsold
stock has piled up, the developers are adopting new marketing strategy such as
reduction in prices, introduction of hire purchase system, free site offer for every
purchase of apartment, deferred payment provision, offering facilities like
swimming pools, clubs, etc in their housing complexes as motivational factors.
Despite this, the purchaser is not motivated due to all round recession climate
prevailing in the country with reduction in the purchasing capacity of the
buyers.
No scientifically evaluated statistics about the stock of
unsold developed properties are available either with the Government or with any
other agency. The statistics which are now available are more or less the guess
work of a few since there is no proper authority or recognized agency which can
furnish the authentic statistics about the number of properties developed,
number of flats commercial premises remaining unsold and details about
developers now operating in and around the city of Bangalore.
In any case, it is certain that the property transactions
are slowed down considerably for the reason that the buyers are waiting for reduction
in the value of the properties on account of global recession and also due to
reduction in their purchasing capacity, while the developers are holding on
their properties unsold in anticipation of rise in prices to the figures to
near about to pre-recession period.
As at present, both the developers and the apartment purchasers have to wait for appropriate time to come. For developers it is waiting and sees
whether the market takes an upward trend and for flat buyers it is waiting and sees
whether the prices would come down. Time only will tell who succeeds.
Bangalore properties like Apartments / Villas / Plots / Independent Houses ....
Real Estate Properties are available in Bangalore City.......
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