The starting price of an exquisite three-bedroom apartment at Godrej Tiara is Rs. 3.5 crores. The property provides large residences with sizes ranging between 2200 sq. ft and 3000 sq. ft in 3, 3.5, and 4 BHK layouts. Following approval by RERA, a comprehensive cost sheet will be released.
Godrej Tiara is anticipated to be Rs. 13,500 per sq. ft before pre-launch. There is an extra fee for floor raise.
An approximate price list of apartments in Godrej Tiara is listed below.
| Unit Type | Floor Area | Price (approximate) |
|---|---|---|
| 3 BHK | 2200 sq. ft | Rs. 3.5 crores |
| 3.5 BHK + staff | 2600 sq. ft | Rs. 4.5 Crores |
| 4 BHK + Staff | 3000 sq. ft | Rs. 6 crores |
The price list for Godrej Tiara has been prepared to facilitate the purchase of project units. It includes thorough information on all of the available project units, including their prices. Customers may see which unit best suits their demands and financial situation. Customers can examine it anytime because the pricing list is regularly updated with the most recent information.
The project would provide significant rental income or good returns if it were to be sold later on because it is situated in a desirable area of Yeshwanthpur. The pricing of the flats is influenced by the layout and size of the units within the tower. The project will have the greatest offers during the pre-launch phase. Every unit is offered at the most reasonable and competitive price with many discounts and incentives.
The launch price will be much higher than the pre-launch rate after the launch phase. Buying a property in the pre-launch phase is advantageous because there are a lot of deals and discounts available. Buyers can choose the units they want and make minor changes after registering.
Godrej Properties is well known for finishing projects on time. The company is committed to adhering to project timelines and delivering completed projects on time.
Yeshwanthpur is an upscale neighbourhood in West Bangalore that investors have always been drawn to. This area offers excellent transportation and communication alternatives, growing real estate projects, ample space for corporate and industrial setup, and excellent infrastructure. Another reason for the boost in the demand for real estate is Yeshwanthpur's close proximity to Malleswaram and Rajajinagar.
Properties on Yeshwanthpur usually go for Rs. 7,500 per square foot. You may purchase a one- bedroom apartment with all the modern conveniences for Rs. 80 lakhs. The price range for an upscale 2 BHK flat in the neighbourhood is between Rs. 1.3 crores and Rs. 2 crores. An elegant 3 BHK apartment can be purchased for between Rs. 3 and Rs. 4.5 crores. The market worth of real estate in this neighbourhood is rapidly increasing; thus, it makes sense to invest in it.
In Yeshwanthpur, a two-bedroom apartment can be rented for Rs. 25,000 and Rs. 35,000. The properties are in higher demand because of the many planned developments in the rapidly expanding locality.
Bangalore has a strong real estate market, and prices have grown rapidly in recent years. It is a well- liked location for people of all ages due to its plenty of leisure options and pleasant weather throughout the year. The city is home to major MNCs, IT companies, and tech parks, which has increased the metropolis's population.
In the city, investors have many luxurious residences and reasonably priced apartments. The consistently high demand for residential units generates long-term profits for buyers. Real estate investments will generate strong profits while the IT sector is expanding swiftly.
Best places to invest in Bangalore
Bangalore's rental costs are rising daily due to high demand. The development's size and area determine the cost of the units. Apartments are available in the IT hub and surrounding areas for a higher price. Currently, a 1 BHK apartment costs 70 Lakh, a 2 BHK 80 Lakh to 1 Cr, and so on. In Bangalore City, buyers can anticipate high returns on their real estate investments.
The payment plan provides buyers with a comprehensive breakdown of all associated costs. It includes the cost of the apartment based on the kind, floor area, GST, reservation amount, and required instalment payments. Any additional expenses are indicated with payment instructions for your comprehension.
Customers who select the Godrej Tiara Payment Plan can use a suitable instalment plan to make easy, risk-free payments. 10% of the total cost is paid at the time of booking. The remaining price is paid in quarters at specific intervals. The project receives numerous offers because of its enticing pre-launch price.
RERA specifies a certain payment plan for projects that are RERA-approved. Godrej Tiara is applied for the approvals, and the builder follows the rules put forward by the authority. A common payment plan of RERA is mentioned below.
There are several ways to pay for the project: down payments, customized payment plans, construction-linked plans, paying a portion now and nothing else until ownership, etc. Before buying any units, the builder may explore these ideas with the bank. Customers can choose any payment plan that best fits their spending capacity. Godrej Tiara is the best investment choice.
Bangalore's property market is growing rapidly due to steady demand. Due to the frequent introduction of new projects and the general growth in pricing, the market is a favourable area to invest in. Putting money into the city's continually growing real estate market is the best option.
Because so many people move here searching for work, there is a demand for real estate. As a result, the real estate market is getting costlier, and investing here will result in substantial returns. The city's economy is growing, and the value of real estate has increased thanks to various entrepreneurs. Those who want to become investors will find it easier to choose because of these factors.
The average price of property in Bangalore
The future of Bangalore's real estate sector seems promising. It will expand quickly by 2024, and prices will keep rising. Thus, investing here is a smart move if you want to earn decent rental value returns.
Yeshwantpur's ease of accessibility and connection are the main elements propelling its real estate industry boom. The location is perfect for accessing nearby densely populated neighbourhoods, such as Malleswaram, Jalahalli, and Nandini Layout. The nearest train station is a km away. Additionally, Bellary Road makes the trip to the Devanahalli Airport quite straightforward.
Peenya, Nelamangala, and Dobbaspet are just a few industrial regions surrounding Yeshwanthpur, with about 1,000 warehouses and a steady stream of tenants. Investors find Yeshwanthpur to be a favourable place since capital property prices have continuously increased by 7-8 per cent year over year.
A cost sheet is an effective tool for purchasers to understand the costs of different customised apartments. Depending on buyers' needs, the Godrej Tiara cost sheet is useful for comparing the prices of the various units in the project. It gives customers all the knowledge they require to make wise selections. The payment schedule and the apartment cost breakdown are separated on the cost sheet.
The entire cost of the Godrej Tiara apartment consists of the following components:
Owners of Godrej Tiara must regularly pay maintenance fees to maintain the community's amenities and shared areas. The monthly fee maintains the property's common spaces.
The project's proximity to important IT hubs has led to increased demand for rental units in the neighbourhood, which has generated significant rental income for the owners.
The project is situated in Yeshwanthpur, the city's central business sector with first-rate transit. It has a robust social infrastructure, and investing is advised since it will appreciate in value when it comes to selling.
GST, Generator, Sinking Fund, HMWSSB/TRANSC, Advance Maintenance, and any other applicable regulatory fees or levies. Payments will be made in instalments until possession, with the booking fee and GST collected.
Purchasing project units won't result in any extra costs; all pricing details will be provided upfront.
Buyers can choose from the best payment plans offered by the builder. After the project's June 2024 launch, buyers can choose their payment schedule.