Buying BMRDA site for investment purpose

Sub-forum to discuss various investment opportunities in Real Estate
toluganti
Posts: 35
Joined: May 20th, 2011, 4:19 pm

Buying BMRDA site for investment purpose

Postby toluganti » December 23rd, 2012, 11:35 pm

Hello all,

I was thinking to buy a BMRDA near Anekal for future use. By future, I mean 10-15yrs. Currently I see a lot of layout in that area and price quoted is around 800/- to 1000/-. Any idea on future growth prospects in this area? I'm a s/w professional and I dont want to have big commitments right away. So, thinking to buy one or two good sites and pool up some money and once I settledown, I'm planning to sell these two BMRDA sites and buy a house in city limits. Any suggestions on how best I can plan financials and my investment goals?

toluganti
Posts: 35
Joined: May 20th, 2011, 4:19 pm

Re: Buying BMRDA site for investment purpose

Postby toluganti » January 10th, 2013, 3:13 am

Any ideas?

gautham1212
Posts: 21
Joined: December 24th, 2011, 1:00 am

Re: Buying BMRDA site for investment purpose

Postby gautham1212 » January 11th, 2013, 4:14 pm

My personal opinion is that you consider BDA sites for investment as they are safer compared to others, especially considering that you will keep the site vacant for a long period. Also appreciation on BDA sites is usually higher.


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