site for sale in 10th Block of Anjanapura BDA Layout

[chocks]

What about the govt guidance value on this area? Can we downlaod/see it online?
Please let me know.

[wasinapple]

hi guys,

don't buy till you get it verified by at least 3 real-estate guys, it's a pain... i got one for 2000+/sqft in anjanapura and i am having sleepless nights now.

i think wise investment is always important then getting into compulsion of buying site. I am currently running with a loss of 8 lakhs+ for 30*40.

things have fallen down for good. I don't know when will i recover the my money. Don't buy anything for more then 1200/Sqft, if you get it close to 1200/Sqft it's a good deal in anajanapura 11thblock. I don't see any recovery of economy world wide.. things are daisy and don't expect to see much activity till 2010 end.

so apply wait and watch game.. i don't see alot of guys holding on to loosing property values.. if this trend continues you might get good price from second seller also... so hold on.... till ( at least Q3 of 2010) for getting real values back to market.

real estate guys keep you telling you are loosing... good property and all.. but the reality is they are into business and they have to talk good... we can not blame the real estate person who is at best BCom graduate.. but we being Engineers can not know then we will be fools..nothing else.

-my two cents

[Ravi h.g.]

Hi wasinapple,

you learnt the lesson hard way. its OK but it will take u a long way, just have an open mind.

coming to your post, you were telling that one should get it verified by atleast 3 guys. thats good, but the biggest problem in realestate industry is "how to find those 3 correct guys or organisations who got experience, reliable, dependable etc to give correct, authenticated information so that one can take informed decisions."

real estate in india is in its nascent stage and there is no qualification as such to be a real estate agent or to run an organisation running real esate operations. so every one from non-education to hi-fi education , everyone is in real estate industry.

as with any industry , real estate industry also runs in cycles. now its beaten down and in Consolidation phase.

regards,
Ravindra Kumar hg

[rkirana]

one of my cousin bought for 1950 in anjanapura 2.5 years back - with loan his cost now would be 2300

It is available for 1200/sq ft -> so investing there is not a good idea through brokers who jack up price