Posts

Showing posts from September, 2020

Why Mahendra Homes is a symbol of Quality and Trust?

Image
  Quality, a term that all of us are obsessed with, especially when it comes to our home construction as this is not just any investment and for some, a memory to be passed down through generations. Hence, it is quite natural that we would only want the best of materials and the best of builders to construct our homes. If you are in search of a quality builder in Electronic City, Mahendra Homes would be the best choice as they have a reputation for being one of the most trusted builders in Electronic City, Bangalore. For more reasons, read on! Project Completion Time This is something which is more often than not is overpromised to homebuyers and somehow most builders never seem to fulfil it. But this is something you can be assured of with Mahendra   Aarna as we are very particular about what we promise and try our best to complete our projects within the schedule to retain our client’s belief in us. This is why we have earned the tag of being one of the most trusted bui...

What are the top Amenities that you should consider before buying an apartment ?

Image
  As a young adult I remember being introduced to this book   If I built a house by Chris Van Dusen and remember being enthralled by the protagonist’s ideas of his dream house which has a flying room, racetrack room and a whole lot of other crazy features. While a flying room is still a distant dream for us, some amenities are within our reach and which we should look for when buying a home. Fortunately, Mahendra Homes after much research has crafted its homes with some top-notch amenities for its clientele. Here’s the list as follows. Open Floor Plans According to the findings of the National Association of Home Builders, about 86% of home buyers have evinced interest in having a living space that is either partially or completely open in its space. Mahendra Homes understands this and has implemented this in their projects be it in  Mahendra Aarna  or in Mahendra Elena where you would get to see open plan living areas onto large balconies or courtyards th...

Which is a good area to buy a flat in Bangalore?

Image
  Torn between the swanky flat in electronic city and the one in Sarjapur   Confusing right? We bet that it is. Given the plethora of options that are available, zeroing on a good place to invest is very confusing and can be hassling for a lot of people. There are various factors to consider before you make a decision, like distance to your workplace, your budget, proximity to educational institutions, shopping malls, banks, water supply appreciation rate of the area, civic amenities, etc. Taking all these factors into consideration, we have curated a list for you. Electronic City An area which is a favorite for many owing to its proximity to the majority of the I.T companies, startups, educational institutions and civic amenities, it has grown by leaps and bounds. With the Namma Metro Line coming up and the upcoming Silk Board Flyover, there has been a rise in the demand which is no wonder that there is an increase in the  flats for sale in Electronic City .  ...

What makes the Electronic City residential hotspot?

Image
  Electronic City, our very own I.T capital has been a residential investment hotspot for many years now and has witnessed the launch of several 2BHK, 3BHK and ready to buy  flats in electronic city.  What was initially started as a manufacturing hub has now been converted into an I.T hub housing several multi-national companies like Infosys, Wipro, etc along with several educational institutions, hospitals and shopping malls. All this and several other factors have resulted in a huge demand for residential investment in the area  thus leading to a surge in the development of several projects in Electronic City, phase-2. To know more, read on! Connectivity Electronic City is extremely well connected and the connectivity is constantly upgraded thus making it ideal to invest in projects in electronic city, Phase-2. The area is located on NH-4 connecting Chennai and Bangalore and has an expressway and 6 lane roads as well to increase its accessibility.  The upc...

What is the Rental Market Value in Electronic City ?

Image
There are a zillion factors to consider before investing in an area, be it an apartments in an electronic city or anywhere else. One of those factors is a rental market value which is extremely important especially when you have plans of renting out the place. In today’s age, it is essential that you look out for areas where a lot of MNC’s are coming up as this is where the government would be focussing on developing the infrastructure to drive investment from international conglomerates. Electronic City is one area where people belonging to different income groups can find a home suited to their budget. The rental yield varies between 3.3 to 6.8 percent average at 3.8%. In 2017, the rental return for a 2BHK flat was 4-5%. Approximately 57% of 2BHK flats are available for rent in Electronic City followed by 30% of 3 BHK flats. The good thing about the area is the abundance of I.T companies that are a major source of employment thus making tenants readily available for your propert...

Which one is the better deal Under Construction or Pre Launch or Ready to Move ? 

Image
You open the newspaper and you are bombarded by advertisements stating exciting offers for pre- launch, under-construction and ready to move flats in electronic city . You are spoilt for choice and wonder what all the fuss is about. Too much of choice can be very confusing especially when a lot of money is involved. Several factors come into play when choosing amongst the three options, which you will have to take into consideration before you pick a choice. Listed down below are a few criteria to help make a decision.   Factor Pre-Launch  Under- construction Ready to Move Price This is when you get the lowest possible price coupled with freebies and discounts. Price slightly increases at this point, but you get to choose your preferred unit. The cost is higher when compared to the other two options. Quality of Construction Grandiose amenities which are promised ...

What are the Top 10 Mistakes Made By Home Buyers in Bangalore ?

Image
Buying a home is not just a financial investment but an emotional one as well which is why most of us either make a lot of hasty decisions or delay our decision at the risk of losing out on a good deal. You hear that your friend has bought a flat in one of the best  apartments in Electronic City  and now you feel pressured to buy one as well. But, don’t want to make the same house-hunting mistakes that you have seen your parents and friends do. We get you! To know how to avoid those mistakes, read on.   Skipping Pre-Approval You feel that you have finally found your dream home in one of those upcoming apartments in Electronic City which is just a stone’s throw from your workplace and has all the amenities that you can think of but now you realize that it is far above your reach. What to do now? This is one common mistake that most buyers tend to do and that is to not seek pre-approval of the loan they are eligible for and go around shopping for houses. Pre-approval makes ...

Which is a better place between Electronic City vs Whitefield ?

Image
  After scouting tons of residential apartments in Bangalore, most I.T employees are left with two choices which are Electronic City and Whitefield two areas that even a non-Bengalurean would know; all thanks to the booming I.T sector there. We here, at  Mahendra Homes  receive quite a lot of queries regarding these two localities as it is not an easy task to choose between these both. Both the areas are fast developing in terms of infrastructure and connectivity and it is said that at least 80% of I.T employees work either in Electronic City or in Whitefield. To help ease your confusion, we have curated a list to make your decision easier. Connectivity Electronic City is unparalleled when we are to talk of connectivity as it is situated on NH4 connecting Chennai and Bangalore and has an expressway with six lanes for increased accessibility. To reduce traffic congestion, the Silk Board flyover is coming up which would also reduce the commute time. It has been ...

Residential apartments in bangalore

Image
  Mahendra Homes offers luxury 2BHK & 3BHK residential apartments in electronic city Phase1 & Electronic City Phase2 Bangalore. The luxury residential apartments in Bangalore the project comprises of 744 premium Flats in Electronic City amidst 9.2 Acres of lush landscaped spaces, Sporting facilities, premium amenities and world-class infrastructure.   The project offers ready to move in apartments with occupancy certificate & under construction apartments with commencement certificate complemented by Spacious Balconies, 40+ Ready to Use Amenities, Landscaped Gardens & much more. 400+ Families are already cherishing their stay at Mahendra Aarna has it all to be your private slice of heaven. Luxurious Apartments In The Heart Of electronic city At Home all your comforts. Intuitively designed flats in electronic city, full of light and cross ventilation. A home at Mahendra Aarna is like no other. All this with premium Specifications and finishes, Large Living a...

2 BHK in Electronic City

Image
  Mahendra Aarna offers 744 Ready 2BHK, 2.5BHK & 3BHK Apartments in Electronic City Phase2 Bangalore. Book your visit for the best Flats in Electronic City. So, is it the super-cute  2BHK in electronic city  or that apartment on Sarjapur Road? Which one is going to give you a better deal? Both of them are fast-growing localities receiving a lot of love from the I.T employees due to an MNC or an I.T company opening every other day! There are pros and cons for both so which one makes the cut? Tough decision indeed! After talking to a few of our close aides and industry experts, we have reached a conclusion so worry not, for we are here to help you make a decision. Read on! Connectivity The upcoming yellow line of the Namma Metro in Electronic City is going to be a boon to its residents on account of improving connectivity and help ease the traffic woes. Your daily commute would be reduced to nothing once the metro is introduced. This gives a ...

What is the eligibility criteria for Pradhan Mantri Awas Yojana?

Image
  What felt like a distant dream has now been made possible by the Government of India through the Pradhan Mantri Awas Yojana with a plan to build 20 million affordable houses for the urban poor by the 31 st  of March 2022. The scheme has been designed keeping three categories of people in mind, namely the economically weaker section (EWS), lower-income group (LIG) and Middle Income Group (MIG). The primary objective of the scheme is to make housing affordable for all by providing loans on highly subsidized rates of interest. So for those of you who have been eyeing Mahendra Aarna  ready to move apartment in electronic city  it won’t be long before you turn your dream into reality. Eligibility Families having an annual income up to 6 lakhs fall under the EWS/LIG class, 600,001-1200, 000 fall under MIG-1 and 1200,001 to 1800,000 fall under MIG-2. To avail of this scheme, the beneficiary family cannot already own a pucca house and should not have availed of any...

Apartments in electronic city

Image
  If these are the features that you are looking for while scouting for the location of your dream home, an apartment in electronic city would be the best choice. Rightly called as the I.T hub of Bangalore, housing several multi-national companies, the area is developing by leaps and bounds. With increased efforts by each day to constantly improve its infrastructure, the place would be the right choice for someone who is not just looking for residential purposes but for investment purposes as well. To know more, read on! Cost of Living In spite of the ever-developing infrastructure, Electronic City holds the distinction of being one of the least expensive areas to live in Bangalore. This has led to a huge demand for ready to move apartments in electronic city. Proximity to Educational Institutions There are excellent schools like Treamis World School and Candor International School in the area. For those of you with toddlers, you have schools like Feathertouch Internationa...

Ideal Homes to Work from Home

Image
  A recent conversation with a friend sparked off my curiosity when she lamented about how most residential apartments in electronic city are not well-equipped to handle a work-from-home atmosphere. This set me off thinking about what exactly a work from home atmosphere constitutes and how exactly are our homes going to be designed in the future to meet this need. With the ongoing pandemic most organizations have had no option but to allow their employees to work from home. Even after the pandemic recedes, this might be a long-term option for many as both organizations and employees have discovered the joys of working from home. According to a survey conducted by a California based company, there has been a 47% increase in employee productivity when working from home. Now that it is inevitable and may continue for much longer, here’s what you should know when you plan on buying a home to ensure that it is work-from-home friendly. Open Space While working from home, it is qui...

Flats in electronic city

Image
  There are a zillion factors to consider before investing in an area be it   flats in electronic city or anywhere else. One of those factors is rental market value   which is extremely important especially when you have plans of renting out the place. In today’s age, it is essential that you look out for areas where a lot of MNC’s are coming up as this is where the government would be focussing on developing the infrastructure to drive investment from international conglomerates. Electronic City is one area where people belonging to different income groups can find a home suited to their budget. The rental yield varies between 3.3 to 6.8 percent averaging at 3.8%. In 2017, the rental return for a 2BHK flat was 4-5%. Approximately 57% of 2BHK flats are available for rent in Electronic City followed by a 30% of 3 BHK flats. The good thing about the area is the abundance of I.T companies which is a major source of employment thus making tenants readily available for your...