Top Amenities that you should consider before buying an apartment

  Whether it is the cute 2BHK or the seemingly spacious 3BHK flats in electronic city , the decision is never going to be easy as a lot of questions need to be answered first before you zero on your choice. This is a question that plagues every new homebuyer. Unfortunately, there is no straight answer to this question as it depends on several factors. A lot depends on your objectives and present as well as future requirements. But, worry not for we here are there to help you clear your confusion and assist you in making an informed choice. Primary Objective Firstly, get a clear idea of the purpose behind buying the flat. Is it for residing in it yourself or purely for a rental purpose? Or are you looking to residing in it for now and thinking of reselling it later? Too confusing right! Let’s make it simple for you.   If it is for residing yourself, the choice would depend on the size of your family. For a family comprising of 4 members or more, a 3BHK flat in Electronic ...

  Mahendra Homes has the perfect solution for you. If you are looking for flats in Electronic City, you can’t go wrong with Mahendra Aarna , which has over 744 apartments, across 3 Blocks and 6 Towers, available for you to choose from. The property has over 9.2 acres and has close to a 77% green cover. It also has over 40+ amenities to choose from. The flats have been built keeping modern design principles in mind and have stylish finishes to give you the total luxury experience. Living a life of luxury is your right. After working hard every day, the one thing that you want to make sure is that you come back to home, full of comfort and elegance. This is where you sleep at night; spend your weekends relaxing, and where you build your family. A luxury home is something that tickles your aesthetic senses. When this is combined with comfort, you have the perfect formula for a happy life. You should be able to do all the things that you want to do within close distance of your hom...

  This is a question posed to us more often than you think. And it is a very valid one. Friends and colleagues would like you to believe that the value of an apartment depreciates after a certain time and some are even of the opinion that it is better to rent a home than purchase it. This theory though has been debunked by the ongoing pandemic which taught us one of the greatest lessons that big or small; buy your own home where nobody can throw you out. Additionally, the depreciation factor does not come much into play when it is an apartment in electronic city as it is a high-value neighborhood. So, what is the truth? The truth is you can still get the maximum value out of your apartment if you verify the undivided share of land allocated to your apartment. Now, what is an undivided share of land? An undivided share of land is the individual share of land allocated to each buyer on which the apartment is situated. When does this come in handy? It is quite common knowledge ...

  As an investor, you must be seeing various ads everyday loudly proclaiming, Project in South Bangalore, etc. And must be wondering what all the hullabaloo is about. The confusion is understandable and there are several factors to consider before you make a decision. Presently, there are a lot of residential projects in Electronic City which is currently being considered as a hotbed for real estate investment due to its being the IT hub of the city, its connectivity, and several other facets. The area though developing by leaps and bounds still retains the charm of classic Bengaluru which is what makes it a dream for many residents and investors. Let’s look at a few pointers to come to a suitable conclusion. Mahendra homes are one of the best properties in electronic city phase1 . Real Estate South Bangalore has been a favorite for real estate investment for several years, especially for the middle- income sector. Electronic City is split into 4 phases and house...

  In these days of rented everything, it might not seem much to be paying rent for a house to live in. But, if the same money that is going out in rent, was to go out to pay an EMI, at the end of the tenure, you’d actually have an investment in your name and more than an investment, you’d have a home in your name. So what’s stopping you? If the idea of securing a home loan seems daunting, we have 10 easy steps that you can follow to secure your home loan.   a) Start saving for a down payment Start putting away money every month for the down payment of your dream house. It can be as small an amount as the cost of a meal at a fine dines restaurant or the cost of a new jacket that you want. Start slowly so it does not pinch you. Put it away in another bank account or in an FD so that the money keeps growing and you don’t count on that for your regular needs. b)   Understand the various loan options Also, spend some time understanding the various loan options. If for ...

  This is a dilemma that most second homebuyers face when they start looking for potential sources of investment. To add to this confusion, you are bombarded with advice from well-meaning friends and family suggesting that you purchase a flat in that fancy apartment in electronic city or a plot in South Bangalore. This is a decision that needs careful consideration as each has its pros and cons. But what matters is how well your choice will satisfy your objectives. There are certain factors to keep in mind before you make a decision. Financial Assistance Procuring a loan for a flat is much easier when compared to a plot. You need to be financially sound when it comes to purchasing a plot. It is not an easy process and to add to the woes, the tax benefits are available only after the construction is completed on the plot. Risk Gone are the days when you would hear tales of projects being delayed resulting in loss to the residents, thanks to the recently introduced RERA Act....

  What started off as a new year with lots of hopes and aspirations, 2020 has proved to be quite a damper for many due to the outbreak of the virus. Ria Sharma who had always wanted to invest in an apartment in electronic city has now fallen into confusion. And she is not alone. There are several people like her who are wary of making a decision and we don’t blame them. In these unprecedented times, it is important that you make the right decision while choosing a home. To know the full impact of the virus on the construction sector, read on. Though the initial days of the lockdown proved to be tough for the sector, thankfully things are slowly getting back to normal. It was expected that there would be a severe delay in projects and that no new projects would be launched. But proving the naysayers wrong, Bangalore has recorded the highest number of new launches leaving behind cities like Mumbai, Kolkata, Hyderabad and Chennai. It is a whopping 49% of the total new launches. The...

  So you have finally pooled all your resources and ready to take the plunge of fulfilling the great Indian dream i.e. buying a house. But now you are confused. Where do you invest? The swanky  ready to move apartment in electronic city phase 2   with the super-cool amenities or that independent house which reminds you of your grandparent’s place where you used to go for the summer holidays. Tough decision indeed! Let us give you a quick break-down to help you choose what fits you the best. Amenities It is quite common knowledge that no independent house offers the range of amenities that today’s modern-day apartment’s offer. Facilities like a robust security system or rainwater harvesting measures are hard to come by and require considerable investment and effort on the individual’s part if he/she wants to set them up on their own. Apartment complexes like Mahendra Aarna have equipped themselves with a variety of sports courts, auditoriums, gardens, swimming poo...

  Looking for that one luxury apartment in electronic city where you are not just looking for a roof over your head but a place where you can unwind and indulge in your hobbies with like-minded people? A place which is right in the middle of the city yet is filled with tranquillity. Look no further! Mahendra homes have started its the new venture, Mahendra Aarna a projects near electronic city and host 744 Vastu compliant apartments with 3, 2.5  and 2 BHK apartments in electronic city.  The area is close to the hustle and bustle of the city yet the property is designed in such a way that you would feel one with nature. With more than 40 amenities to boot, this residential project in electronic city includes a clubhouse, gym, cricket pitch, squash court, an infinity swimming pool, a meditation court, and a lot more to help you relax after a long day at work. Unlike the cramped flats that you see in most projects which advertise themselves as luxury apartments Mah...

  Whether you are a corporate professional looking for a place to stay for your work trip, a vacationer or someone who needs a place to stop off before you move to your permanent place of residence, scouting for accommodation is inevitable and not an easy job. Be it any need, hotels aren’t always the best idea if you want to stay somewhere, where you don’t want to burn a hole in your pocket and want to feel like you are at a home away from home. This is where service apartments come in the picture. For those of you who are looking for 3 BHK and  2 BHK apartments in electronic city  Mahendra Apartments would be the best choice. Their projects Mahendra Aarna, Elena and Elena-5 are well-known for their delightful interiors and have 77% open space so that you don’t feel claustrophobic and breathe truly, away from all the polluted air owing to the lush greenery that the projects are surrounded by. Thus, it is no wonder that our guests don’t seem to realize that they are stay...

  Ask any I.T employee in Electronic City and you would hear them raving about the comforts that the area provides but hear a slight tinge of disappointment creep into their voice when reminded about the absence of an integrated shopping mall in the area. Whether it is a date with a loved one or just escorting a friend who is visiting Bangalore for the first time, a trip to the mall is warranted but what can you do when there isn’t one in the area.  It is unfortunate that a lot of developers focussed on the construction of flats and apartments in electronic city but not on a mall. Thankfully, all that is about to change as Mahendra group of companies with their previous expertise of having constructed several properties in electronic city and  ready to move flats in electronic city    is now set to bring in the first integrated mall in the area which is M5-ECity  Mall.  Gone are the days when one would have to travel several kilometres just to c...

  Mahendra Aarna a name which you must have most definitively heard when looking to buy a  flats in electronic city Bangalore . Sprawled across 9.2 acres and hosting 744 vastu compliant apartments, this pet project of Mahendra Builders makes for a living experience like no other.  One of its key specialties lies in the fact that though it is just a ten- minute drive away from Electronic City the I.T hub of Bangalore, it is situated in a tranquil atmosphere with lush greenery, thus bringing you the best of both worlds. Possessing more than 40 amenities such as a clubhouse, gym, a cricket pitch, squash court, an infinity swimming pool, a meditation court etc, this place is a dream comes true for anyone who is looking for more than just a roof on their head. Having constructed several  apartments in electronic city phase1  and ready to move flats in electronic city phase2, Mahendra builders knows what their clients need and make a constant effort to work upon i...

  So, is it the super-cute  2BHK flat 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 huge edge to electronic city over Sarjapur Road and which is no wonder, there has been a rise in the upcoming apartments in electronic city. Also, Electronic city has the a...

  Thinking of buying that swanky  apartment in Electronic City  and think you have it all figured out but still a little unsure of what the future has in store for the area? A question that haunts many new investors but rest assured as the Electronic City is an area that literally grows every day without you not even realizing it and by the time you see that some other new MNC has opened its office or a new project shaping up in the area, you see that a lot has changed. The place being the I.T hub of Bangalore prompts the government to constantly upgrade it and bring in developmental measures to make it investor-friendly. Let’s take a look at some of them! Namma Metro The upcoming yellow line of the Namma Metro which is an 18.82km line connecting RV Road with Bommasandra while passing through Electronic City will help you bid adieu to your traffic woes. This has led to a lot of investors investing in properties in Electronic City. Hosur Airport It might come a...

  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 flats 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 International Sch...

  With all the plush residential apartments in Bangalore vying with each other to give you the best of amenities at competitive prices, it is quite tempting to buy a home but also a decision that requires considerable the thought which is what must have brought you here. The answer is a big YES! As per the current year’s financial budget, the tax holiday for the affordable housing scheme has been extended by a year. Also, under Section 80EEA, the maximum amount of interest that one can avail on the home loan through the scheme has been increased to 3.5 lakhs from 2 lakhs. Apart from this, a tax benefit is being extended to first-time homebuyers whose property has a stamp duty value of up to Rs45 lakhs. Additionally, the government has planned to invest 102 lakh crore on infrastructure projects in the coming 5 years which include sectors such as power, railways, urban irrigation, mobility, education and health. There has also been a proposal by the honorable finance minister...