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Hello,

Could you please help me for buying a independent house in and around Ramamurthynagar/Akshayanagar ?

I see lot of ads of 30x40 ground floor constructed house in the range of 55 lacs to 70 lacs in and around Ramamurthynagar/Akshayanagar whereas for an independent house in Kanakapura rd/JP nagar extension for even 20x30 plot house costs the same.

I feel areas in and around Ramamurthynagar/Akshayanagar are more closer to tech parks/MNCs

Could you please provide your opinion about buying in and around Ramamurthynagar/Akshayanagar ? I felt in those areas relatively cheaper land/independent house ?

Thanks a lot.

Hi,

I myself had purchased a house in Hoysalanagar in Ramamurthy Nagar about 2.5 yrs back.

To the best of my knowledge, none of the independent houses/sites in Ramamurthynagar/Akshayanagar have A-Khata.

They are mainly B-khata property including my own. That might be the reason as to why the prices are on the lower side with respect to other areas (i guess a tradeoff between price and khatha).

Many property owners might claim that their property has A-Khata which often turns out to be false.

In case you are purchasing an house, please don't leave the property document verification to the banks. Do get the property docs verified from a reputed lawyer.

About 1 year back, a friend of mine had purchased an house in a location off akshayanagar. He got a home loan from DHFL.

There are a lot of houses being build mainly 30x40 independent houses to cater to the demand. You could just roam around these ares (hoysala nagar, R.M Nagar, NRI Layout, Akshaya nagar) on a sunday morning and if the house looks new (or being constructed) and is vacant then there is a high prohability are that it is for sale. That way you can avoid the brokerage as well and get a better deal.