Lodha Mirabelle apartment's prices start at Rs. 1.32 crores. The project provides luxurious apartments with various size configurations to meet the unique needs of all buyers. Located in Nagavara, North Bengaluru, one of the leading IT areas, this project is more affordable than the market price, making it a great investment option for potential buyers. The apartments are designed to provide the best value for money with their modern features and prime location. Moreover, the prelaunch price attracts many potential investors, promising maximum gains.

The Lodha Group is committed to providing luxury projects at a reasonable cost, and their projects are developed strategically, providing convenience and comfort to the residents. The company is also known for using modern, green building techniques, making their projects perfect for people who care about the environment.

Investing in a project built by the Lodha Group is a great opportunity to own a prestigious house in a prime area with excellent returns. The projects reflect the country's progressive spirit and provide a good chance to invest in the best home.

Price of apartments in Lodha Mirabelle

The Lodha Mirabelle is a luxurious residential apartment project that offers a wide range of options to cater to different people's needs. Prospective buyers can select units based on their budget and size requirements by referring to the price list. Lodha Mirabelle apartments price list varies depending on the unit's size and other factors, especially during the prelaunch stage.

Price of apartments in Nagavara

Nagavara is considered one of the most prominent neighbourhoods in Bengaluru because of its well-connected road network and developed social infrastructure. The real estate in this area is benefiting from new infrastructure projects, such as the metro and capacity enhancement plan. This location offers easy connectivity to the major employment hubs of the city. As a result, working professionals prefer to settle in nearby areas, increasing the market value of properties. Apartments are a convenient mode of housing for those who work nearby. The area has witnessed a rapid increase in apartment projects.

Investing in apartments can provide stable rental income due to the proximity to work areas. The average price of a comfortable 1 BHK apartment in Nagavara is almost Rs. 65 lakhs. If the apartment provides luxurious amenities and modern facilities, the price will increase to almost 80 to 85 lakhs. The average monthly rental of a 1 BHK apartment in Nagavara will be almost Rs. 18,000, which is a fair amount and provides a stable flow of money.

Price of apartments in Bengaluru:

Bengaluru has seen significant infrastructure development, including expanding transportation networks, constructing new metro lines, and improving connectivity. These developments have made certain areas more attractive for real estate investment, potentially increasing property prices in those locations. Due to natural growth and migration, Bengaluru's population is on the rise, which can lead to increased demand for housing.

As the population grows, more housing units will be needed, which can lead to higher prices. In densely populated areas, apartments are the best option as they can accommodate more people in a limited space. In prime locations of Bengaluru, the average price of a comfortable apartment is Rs. 80 lakhs. The average monthly rent of such apartments in well-developed infrastructure and connectivity areas is Rs. 25,000.

Suppose you are looking to invest in an apartment project in Bengaluru. In that case, some ideal locations include:

• Manyata Tech Park
• Jakkur,
• Yelahanka,
• Koramangala,
• HSR Layout,
• Bannerghatta,
• Devanahalli,
• Electronic City,
• Whitefield,
• Marathahalli,
• Raja Rajeshwari Nagar.

Considering the large-scale rural-to-urban migration, there is a growing demand for apartments across major cities in India, and this demand is expected to increase further in the future. Therefore, buying an apartment in Bengaluru is a surefire way to ensure your investment multiplies in the coming years.

Payment Plan – The upright decision

Lodha Mirabelle at Manyata Project offers a construction-linked plan to buyers. As this is a new launch, buyers must pay 10% of the sale value as the booking EOI amount. Once the sale agreement is signed, 20% of the amount will be paid upfront, and the remaining 80% of the sale amount can be paid in several instalments. Per RERA rules, buyers can opt for bank finance or a home loan after paying 10% of the amount.

The payment plan of the project is easy to understand, as it explains all expenses, including the price based on type, area, floor, GST, booking price, agreement amount, and monthly instalments to be paid.

Lodha Mirabelle Payment Plan offers buyers an easy, risk-free payment option in a simple instalment plan. However, it's important to note that the basic price does not include extra fees like registration charges, stamp duty, and other fees. These charges must be paid during the registration of the apartments at the time of possession date. All the charges and costs include GST.

Lodha Mirabelle values buyers' needs and offers flexible payment options to help them. The project gives buyers the best payment choices to help them make payments in instalments and according to their wishes. The straightforward pricing policy ensures buyers won't face any unexpected fees. The best pricing structure makes it simple for all buyers to buy their dream home at a great deal, worth the investment.

Bangalore Real Estate Trends

With a booming economy, a thriving IT industry, and a rapidly expanding population, the real estate sector in Bangalore has seen steady growth in recent years.

According to Knight Frank's "Asia-Pacific Outlook 2023," Bengaluru has emerged as one of the top real estate markets in the APAC area to watch out for. Out of the 24 markets the survey follows, Bengaluru's residential market, which is anticipated to increase by 5% yearly, is the second-best.

Compared to other cities in India, a relatively low cost of living in Bengaluru. Bengaluru's cost of living is about 12% cheaper than the national average. Bengaluru is an excellent place to start if you want to invest in real estate.

Best places to invest in Bengaluru:

• Manyata Tech Park
• Electronic City
• Yelahanka
• Whitefield
• Hennur Road
• Kanakapura Road
• Hebbal
• Bannerghatta Road
• Devanahalli
• Thanisandra
• BTM Layout
• Basavanagudi
• Bellandur
• K R puram
• North Bengaluru
• East Bengaluru

Bengaluru has been experiencing significant infrastructure development, including expanding the metro rail network, constructing new flyovers, and developing the Outer Ring Road. These infrastructure improvements enhance connectivity and have increased the real estate market. Property developers are adopting digital platforms to provide property listings, virtual tours, and online payment systems, making the process more convenient for buyers and investors. Smart home automation, energy-efficient systems, and security features are becoming more prevalent in new projects.

Current Price on Nagavara and price trends

Nagavara is a well-developed locality that offers great investment potential. The area provides easy access to major employment hubs and tech parks in Bengaluru and is conveniently located close to Kempegowda International Airport. With the upcoming metro, the connectivity of this place is also expected to improve even further. All these infrastructural developments have directly increased the property market value in this location.

Areas with improved infrastructure usually experience a surge in demand for properties, thus presenting potential investment opportunities. Keeping an eye on the locality's infrastructure projects and their impact on nearby areas can help investors make informed decisions. Gated communities will likely thrive as the demand for a holistic and convenient lifestyle increases.

Developers are incorporating innovative designs and premium facilities to attract buyers seeking comfort and security. The average price of properties in Nagavara is 12,500 per sq. ft, with an annual increase of 41%. The locality is perfect for those who wish to invest in properties because the location will likely provide the best returns after one or two years of investing.

Cost sheet – The ultimate document for customer decision

Cost sheets are an essential aspect of managing construction and real estate projects. They contain detailed breakdowns of material and labour costs, equipment expenses, and permit fees. Cost sheets help to understand the pricing for different unit options that cater to buyers' budgets and preferences.

The cost sheet includes various charges such as

• Basic cost,
• Stamp duty,
• GST payable,
• Total taxes, and
• Other charges.

There are several pre-launches offers available for the project, including different discounts. These offers encourage early buyers to invest in the property and gain a good profit. Once the property value increases, they can sell it at a higher price and receive a good return on investment.

Frequently Asked Questions