Bangalore is a happening place and due to the development of IT Sectors the demand for real estate is also increasing every day. Be it a bachelor or a family, everybody wants to settle in the Silicon Valley of India. If you are earning well, you might think of investing in a property. To be honest, purchasing a property in Bangalore is a big deal. There is a lot of demand and at the same time properties are worth in crores. So, you have to make your decision wisely. You have to decide whether you want to buy a plot, an apartment, or invest in a duplex. You need to understand do duplex flats sell cheaper Bangalore. I will share some tips with you that can help you make your decision. ?
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Do duplex flats sell cheaper?
In Bangalore, purchasing a duplex flat can cost you around Rs 35 lakhs to Rs 90 lakhs. The price of the duplex property may increase or decrease depending on the locality and the facility the duplex is providing. Let me share with you the definition of duplex since most of us get confused with duplex and twin houses.
A duplex is a multifamily housing unit with a wide variety of facilities. A duplex building generally has two housing units with a separate entrance. And despite the separate entrance, the floors are interconnected with stairs from inside as well. On the other hand, twin homes are half a home on each of the respective plots. Duplexes, on the other hand, can have single or dual owners with the facilities shared among the owners.
With this being said, I want to let you know that investing in a duplex is a good idea. The price of an apartment and the price of a duplex is pretty much the same. But investing in a duplex is a better idea because you can stay in a duplex and easily rent it out without breaching privacy. Duplex can provide you with a good source of income. Even if you mortgage your property you can pay your loan by generating revenue from the rent.
Duplex is also known for its excellent resale value. If a property has well-equipped separate entrances, washrooms, balconies, and kitchens you will be able to sell it getting good returns.
This is all I have to say about ‘do duplex flats sell cheaper Bangalore’. Hope you find this informative.
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Do duplex flats sell cheaper Bangalore?
Rameshwar
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3 Year
2022-12-30T17:51:57+00:00 2023-01-02T12:00:08+00:00Comment
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