Plots in developing regions close to Bangalore typically experience yearly appreciation rates between 8 and 12%. It is possible to determine the approximate worth of your property after five years if you assume an average appreciation of 10%. Also, if you could provide the current price per square foot, a more thorough estimate could have been provided. A number of variables will affect the value of your land in Kadabagere, off Magadi Road, in five years. I have shared the same blow for your reference.
Development of Infrastructure: Upcoming initiatives that could greatly raise property values include new highways, commercial hubs, and Metro extensions.
Demand and Supply: The area's residential plot demand in relation to supply will affect the pace of appreciation.
Being certified by the BMRDA lends credibility and will probably increase its resale value in the long run.
Hope this information helps you with an idea about how much!
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Planning to purchase plot in Kadabagere, off Magadi Road, Bangalore. The plot size is 40*42 BMRDA approved. What will be value of property after 5 years?.
Sridhar
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4 Year
2020-11-17T10:45:44+00:00 2025-01-06T11:35:27+00:00Comment
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