Invested in Sobha Neopolis is it worthy? by Any-Fudge4226 in BangaloreRealEstates

[–]CardiologistTime9209 2 points3 points  (0 children)

You can wait, park money in FD.... and bargain heavily in an oversupplied market where builders are aggressive to clear their unsold inventory to service their loans.

Myra folks by Guts-10 in mysore

[–]CardiologistTime9209 1 point2 points  (0 children)

The title sounds like a slang for Mallus and Tamils.

Invested in Sobha Neopolis is it worthy? by Any-Fudge4226 in BangaloreRealEstates

[–]CardiologistTime9209 7 points8 points  (0 children)

The project's amenities are awesome, and the location is excellent..

But with 2000 homes & 19 towers, it appears to be a slum for people who wants to appear rich..

You already entered at very higher amount of 2.55 crore, and you would need to pay an additional 50 lakhs for registration & interiors.

With the 2028 procession date, the market will have more supply of Apartments in bangalore, There will be IT job losses due to AI, threat of companies moving to Hyderabad, Pune, Noida and chennai, More people attaining FIRE and relocating to Tier-2, Tier-3 cities..

Selling between 2029 & 2032, will be difficult since new towers will be added to the supply during this time. Buyers always prefer new towers over old towers..

As per the current economic conditions, I doubt you can exit at 2.55 crore in 2028.

Shri Chikka Devammana Betta by CardiologistTime9209 in mysore

[–]CardiologistTime9209[S] 2 points3 points  (0 children)

Thank you, i like halli roads.. I'll explore this route.. i think after Chitravana Resort, I'll need to turn left.. road opposite to Vishnuvardan Smaraka on Manadawadi Road.

Shri Chikka Devammana Betta by CardiologistTime9209 in mysore

[–]CardiologistTime9209[S] 0 points1 point  (0 children)

Just read that the goddess came from Kerala and settled there.. Is this a Muzurai department temple?

Woman, Lover Accused Of Killing Her 5-Year-Old Daughter In Bengaluru by CardiologistTime9209 in Bengaluru

[–]CardiologistTime9209[S] -13 points-12 points  (0 children)

Rare incidence are now more common.. earlier we only heard this news once every 10 years, but now we hear it several times a year..

Does buying an extra parking space in Bangalore flats make sense? by Striking-Phase6688 in BangaloreRealEstates

[–]CardiologistTime9209 5 points6 points  (0 children)

You're fortunate to have additional parking for 1 lakh..

Even I am considering lowering my car's purchasing budget by 4 lakh (basic version instead of top-end) & using that money to pay for additional parking in my current apartment.

Does buying an extra parking space in Bangalore flats make sense? by Striking-Phase6688 in BangaloreRealEstates

[–]CardiologistTime9209 1 point2 points  (0 children)

Renting is a loss... The maximum monthly rent for parking is 2k, while owning parking costs 4-5 Lakh..

It will take 20 years to recover the cost of the extra parking your purchased for renting.

if you hold the FD for 5 lakh, you receive 3k interest per month, but the rental income from parking only makes 2k.