Going rate for plot+house in Srirampuram BLore
Posted: January 18th, 2012, 12:49 pm
Hello forum members -
Do you guys have any idea what the going rate for an independent house/plot+house is in Srirampuram? I have heard a rather high number of Rs4800/sqft for a old construction house. I wanted to ask you people if this sounds too high. The house is away from the slum part of Srirampuram and is a lower middle-class area. The biggest plus factor is the metro station within walking distance.
How is the square footage counted for these transactions? There is a ground floor house and a partially constructed first floor. How are these counted?
Also - what is your take on the price trends in the near future? Is there a chance realestate will slowdown because of high lending interest rates?
Do you guys have any idea what the going rate for an independent house/plot+house is in Srirampuram? I have heard a rather high number of Rs4800/sqft for a old construction house. I wanted to ask you people if this sounds too high. The house is away from the slum part of Srirampuram and is a lower middle-class area. The biggest plus factor is the metro station within walking distance.
How is the square footage counted for these transactions? There is a ground floor house and a partially constructed first floor. How are these counted?
Also - what is your take on the price trends in the near future? Is there a chance realestate will slowdown because of high lending interest rates?