www.es22.com/f : Property Prices shoot up...

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sathish narayanan (Google+)

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Oct 14, 2011, 11:49:08 AM10/14/11
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www.es22.com/f : Property Prices shoot up along Bangalore Metro route

Our take on this (as financial planners)

1. We at Bangalore knew this even 4 years back, but people did not buy then. Suddenly, they are buying now, when the Metro is about to roll out.
2. Delhi's history will probably repeat here - prices will keep going up and stabilise only when all Reach 4 is completed. So, even now, it might not be a bad time to buy a property.
3. Across the world, across cities, has Metro has been a failure ? And it is not as if the Metro infrastructure can be moved elsewhere ( it is riveted to terra firma !). In my opinion, the best rough location to buy would be 10-15 min drive away from the farthest terminus ( Byanapanahalli) in a straight line on the other side (which goes away from city).
Property prices shoot up along the Bangalore Metro route
With the inauguration date of the Metro Reach I inching closer, rates of properties along the 6.7-km stretch of the mass transit system have shot up significantly, much to the pleasant surprise of rea...
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